109 Carroll Street , #9

    Upper Matecumbe Key Islamorada, FL 33036
    • $3,899,000
    • STATUS: Active Under Contract
    • ON SITE: 966 days
    • MLS #: 569334
    Under Contract
    UPDATED: 52 min ago
    $3,899,000
    • 3
      BEDS
    • 1.87
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Price includes (1) Tri Plex and (1) SFR as well as 3 Transient Rights; This site offers several opportunities for the investor, looking to have 3 Legal Short Term Rentals on a very private parcel. The Tri Plex & SFR fully rented;May be purchased separately at following prices; Tri Plex @ $659,000 SFR @ $399,000; Commercial with transient rights @ $3,250,000See Document Tab for Add InformationThe Beach property is over 695' deep from the street to the shore line (plus 200' of submerged land deed) and is 100' wide and 1.89 gross acres. (plat is not to the shore line, see second attachment) It has the second longest pier in the Keys at over 500' long with power and lighting and 100' of beach front. This property is zoned Tourist Commercial w/ 3 building rights and 3 Transient Tourist licenses. The plans attached have 5 buildings shown, but these were conceptual plans based on obtaining two more licenses. The Triplex at 107 Carroll Street is zoned residential w/ three building rights. Property size is 100' x 100' (including road) The one story single family home at 109-C Carroll Street is zoned residential with one building right. Property size is 100' x 100' (including road) The purpose of the tourist commercial (TC) zoning district is to accommodate existing tourist lodging, tourist attractions and supportive facilities. (2) This zoning district is established within the Mixed Use (MU) FLUM category. (b) Permitted uses. The following uses are permitted uses provided that they do not contain a drive-in or drive-through component. (1) Single family dwelling units of 25 dwelling units or less, except the conversion of existing hotels or motels to single-family dwelling units is not permitted; (2) Deed restricted affordable housing dwelling units of 25 dwelling units or less, except the conversion of existing hotels or motels to dwelling units is not permitted; (3) Hotels and motels with 25 rooms or less; (4) Recreational equipment rental; (5) Restaurants less than 1,500 square feet; (6) Brewpubs less than 1,500 square feet; and (7) Accessory uses and structures, excluding guesthouses. (c) Uses reviewed as a minor conditional use. The following uses are reviewed as minor conditional uses provided that they do not contain a drive-in or drive-through component. (1) Any permitted residential use, greater than 25 dwelling units, except that motels and hotels shall not be considered a residential use; (2) Bars, taverns and drinking places less than 5,000 square feet; (3) Brewpubs of 1,500 to 3,000 square feet; (4) Commercial recreational facility less than 5,000 square feet; (5) Community pier or public dock; (6) Docking facility; (7) Hotels or motels having more than 25 rooms and less than 50 rooms; (8) Infrastructure and municipal utility facilities; (9) Restaurants of 1,500 to 3,000 square feet; and (10) Attached wireless facility. (d) Uses reviewed as a major conditional use. (1) Hotels or motels having 50 rooms or more; (2) Brewpubs of 3,001 to 5,000 square feet; (3) Commercial recreational uses of 5,000 square feet or greater; (4) Marina redevelopment; (5) Restaurants of 3,001 to 5,000 square feet; (6) Stealth wireless facility; (7) Outdoor storage and display areas pursuant to article VI, division 8 of this chapter; and (8) Any use listed above as a permitted or minor conditional use, or a major conditional use listed herein, provided that the use contains a drive-in or drive-through component. (e) Site development standards. (1) Minimum lot area: Not applicable. (2) Maximum building height: 35 feet. (3) Maximum developable lot coverage: Not applicable. (4) Setbacks: a. Front yard: Minimum 25 feet. Front yard setback may be reduced to the minimum required bufferyard width pursuant to division 6 of this article only for covered unenclosed areas, outdoor seating areas, balconies, roof overhangs, walkways, stairways and entryways. b. Street side yard: Minimum ten feet, or the required bufferyard width pursuant to division 6 of this article, whichever is less. c. Interior side yard: Minimum ten feet. d. Rear yard: Minimum 20 feet. e. Rear yard on shoreline: See article VII, division 2 of this chapter. (5) Floor area: Maximum floor area for principal structures: 0.25 FAR or 0.35 FAR with TDRs or with working waterfronts pursuant to article IV, division 17 of this chapter. (6) Density: Up to six dwelling units per acre, or up to 12 dwelling units per acre with TDRs or affordable housing, or up to 15 affordable housing dwelling units per acre may be permitted if the proposed development provides for an increase of one Class in all required bufferyards; however, on commercially developed parcels of land, the density requirements for affordable housing provided herein shall not exceed 12 dwelling units per acre, notwithstanding any nonresidential floor area or FAR, or market rate residential dwelling units; except that on commercially developed parcels of land, the density requirements for affordable housing provided herein shall not exceed 15 dwelling units per acre, notwithstanding any nonresidential floor area or FAR, or market rate residential dwelling units, if the proposed development provides for an increase of one Class in all required bufferyards. (7) Open space: See article VII, division 4 of this chapter. (8) Landscape requirements: See division 6 of this article. (9) Parking requirements: See division 7 of this article.

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    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors, Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Doug Mayberry Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.dougmayberry.com/homes/58533122

    109 Carroll Street , #9 Upper Matecumbe Key Islamorada, FL 33036

    • Price: $3,899,000
    • Status: Active Under Contract
    • Updated: 52 min ago
    • MLS #: 569334
    3
    Beds
    1
    Baths
    0
    ½ Baths
    1.87
    Acres
    Neighborhood:
    Strattons (82.5)
    County:
    Monroe
    Area:
    23 - Upper Matecumbe
    Property Description
    Price includes (1) Tri Plex and (1) SFR as well as 3 Transient Rights; This site offers several opportunities for the investor, looking to have 3 Legal Short Term Rentals on a very private parcel. The Tri Plex & SFR fully rented;May be purchased separately at following prices; Tri Plex @ $659,000 SFR @ $399,000; Commercial with transient rights @ $3,250,000See Document Tab for Add InformationThe Beach property is over 695' deep from the street to the shore line (plus 200' of submerged land deed) and is 100' wide and 1.89 gross acres. (plat is not to the shore line, see second attachment) It has the second longest pier in the Keys at over 500' long with power and lighting and 100' of beach front. This property is zoned Tourist Commercial w/ 3 building rights and 3 Transient Tourist licenses. The plans attached have 5 buildings shown, but these were conceptual plans based on obtaining two more licenses. The Triplex at 107 Carroll Street is zoned residential w/ three building rights. Property size is 100' x 100' (including road) The one story single family home at 109-C Carroll Street is zoned residential with one building right. Property size is 100' x 100' (including road) The purpose of the tourist commercial (TC) zoning district is to accommodate existing tourist lodging, tourist attractions and supportive facilities. (2) This zoning district is established within the Mixed Use (MU) FLUM category. (b) Permitted uses. The following uses are permitted uses provided that they do not contain a drive-in or drive-through component. (1) Single family dwelling units of 25 dwelling units or less, except the conversion of existing hotels or motels to single-family dwelling units is not permitted; (2) Deed restricted affordable housing dwelling units of 25 dwelling units or less, except the conversion of existing hotels or motels to dwelling units is not permitted; (3) Hotels and motels with 25 rooms or less; (4) Recreational equipment rental; (5) Restaurants less than 1,500 square feet; (6) Brewpubs less than 1,500 square feet; and (7) Accessory uses and structures, excluding guesthouses. (c) Uses reviewed as a minor conditional use. The following uses are reviewed as minor conditional uses provided that they do not contain a drive-in or drive-through component. (1) Any permitted residential use, greater than 25 dwelling units, except that motels and hotels shall not be considered a residential use; (2) Bars, taverns and drinking places less than 5,000 square feet; (3) Brewpubs of 1,500 to 3,000 square feet; (4) Commercial recreational facility less than 5,000 square feet; (5) Community pier or public dock; (6) Docking facility; (7) Hotels or motels having more than 25 rooms and less than 50 rooms; (8) Infrastructure and municipal utility facilities; (9) Restaurants of 1,500 to 3,000 square feet; and (10) Attached wireless facility. (d) Uses reviewed as a major conditional use. (1) Hotels or motels having 50 rooms or more; (2) Brewpubs of 3,001 to 5,000 square feet; (3) Commercial recreational uses of 5,000 square feet or greater; (4) Marina redevelopment; (5) Restaurants of 3,001 to 5,000 square feet; (6) Stealth wireless facility; (7) Outdoor storage and display areas pursuant to article VI, division 8 of this chapter; and (8) Any use listed above as a permitted or minor conditional use, or a major conditional use listed herein, provided that the use contains a drive-in or drive-through component. (e) Site development standards. (1) Minimum lot area: Not applicable. (2) Maximum building height: 35 feet. (3) Maximum developable lot coverage: Not applicable. (4) Setbacks: a. Front yard: Minimum 25 feet. Front yard setback may be reduced to the minimum required bufferyard width pursuant to division 6 of this article only for covered unenclosed areas, outdoor seating areas, balconies, roof overhangs, walkways, stairways and entryways. b. Street side yard: Minimum ten feet, or the required bufferyard width pursuant to division 6 of this article, whichever is less. c. Interior side yard: Minimum ten feet. d. Rear yard: Minimum 20 feet. e. Rear yard on shoreline: See article VII, division 2 of this chapter. (5) Floor area: Maximum floor area for principal structures: 0.25 FAR or 0.35 FAR with TDRs or with working waterfronts pursuant to article IV, division 17 of this chapter. (6) Density: Up to six dwelling units per acre, or up to 12 dwelling units per acre with TDRs or affordable housing, or up to 15 affordable housing dwelling units per acre may be permitted if the proposed development provides for an increase of one Class in all required bufferyards; however, on commercially developed parcels of land, the density requirements for affordable housing provided herein shall not exceed 12 dwelling units per acre, notwithstanding any nonresidential floor area or FAR, or market rate residential dwelling units; except that on commercially developed parcels of land, the density requirements for affordable housing provided herein shall not exceed 15 dwelling units per acre, notwithstanding any nonresidential floor area or FAR, or market rate residential dwelling units, if the proposed development provides for an increase of one Class in all required bufferyards. (7) Open space: See article VII, division 4 of this chapter. (8) Landscape requirements: See division 6 of this article. (9) Parking requirements: See division 7 of this article.
    Exterior Features

    Construction Cbs Dockage Dock Wood Dockage Dock Length 500 Land Size 1 Less Than 2 Acres Miscellaneous FencingOpen Water View Side Ocean Style Misc Prop Rights Vehicle Storage Common Parking Waterfront Oceanfront Waterfront YN Yes Waterview No WaterviewOcean ViewOpen Water View

    Interior Features

    Appliances Other Appliances included Net Leasable Area 1627.00

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Islamorada Commercial Type Apartment 3 Or More Control Depth 4 Deed Restrictions No Fee Includes Other Flood Zone AeAeVeVeAeVe Listing Board Florida Keys Mile Marker 82.50 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Transient License Property Type Multi-Family Recorded Plat Yes Tax Year 2015 Taxes 17159.59 Terms Buyer Obtain Finance Title Title Ins - Buyer Total Units 0.00 Utilities FkaaOther Sewer/Water Zoning Tc - Tourist Commercial

    Listing courtesy of James V. Mooney Jr. P.A. of Moorings Realty, Inc.


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors, Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Doug Mayberry Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
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    1075 Duval Street, Suite C23
    Key West FL, 33040