W 721 Ocean DR, Key Colony, FL 33051
W 721 Ocean DR, Key Colony, FL 33051
W 721 Ocean DR, Key Colony, FL 33051
W 721 Ocean DR, Key Colony, FL 33051
W 721 Ocean DR, Key Colony, FL 33051
W 721 Ocean DR, Key Colony, FL 33051
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Shelby Morris

Shelby Morris

+1(305) 393-3686
Listed by Lisa H Ferringo Coldwell Banker Schmitt Real Estate Co
$ 9,198,000
Est. payment | /mo

2.1 Acres Lot

Save
$ 9,198,000
Est. payment | /mo
Save

2.1 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Stevens Sub (53.5)

MLS Listing ID 614678

HOA Y/N No

Lot Size 2.104 Acres

Acres 2.1

Property Description

Fantastic Oceanfront Development Opportunity in the heart of the Florida Keys! 2+ acres of prime oceanfront boasting 225' of beach front with dock permit in Key Colony Beach. A total of 3 lots with endless possibilities. Previous use was a 22 unit condominium. Or look into separating the lots to build 3 new luxury beach homes which are in very hot demand and rare to find. One house on this street sold March 2025 for $12 Million. Key Colony Beach is an upscale coastal community in the Middle Keys offering beautiful beaches, par 3 golf course, basketball, pickle and bocce ball, shopping and dining, marina, fishing charters, and 3 parks including Sunset Park where you will find Keys famous sunsets over the ocean all year long. Key Colony Beach also enjoys it's own police force and quick access to the Marathon Airport which is just minutes away.

Location

State FL

County Monroe

Community Other Area Features, Beach, Tennis Court(S)

Area 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

Zoning R-3 - Multi Unit Res

Direction From Overseas Hwy, turn Oceanside onto Sadowski Causeway, then right onto W Ocean Dr. The lot is on the left. Sign on property.

Exterior

Community Features Other Area Features, Beach, Tennis Court(s)

Waterfront Description Beach Front, Oceanfront, Open Water

Garage No

Building

Lot Description Water Frontage, Paved Street, Cleared Site

Others

Tax ID 00078380-000000

Miscellaneous Mobile Home Lot

Acceptable Financing No Seller Finance

Listing Terms No Seller Finance

Nearby Locations

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Shelby Morris, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

W 721 Ocean DR