74960 Overseas Highway , 201-306

    Lower Matecumbe, FL 33036
    • $2,250,000
    • STATUS: Active
    • ON SITE: 98 days
    • MLS #: 584288
    $2,250,000
    • 0
      BEDS
    • 0.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Amazing opportunity to build a 12 unit waterfront condominium building in The Florida Keys. Excellent profit margin for a builder/developer. The condominium building was destroyed by Hurricane Irma. The building is located on a canal, with a view over Sea Oats Beach of the Atlantic Ocean. The location allows all units a direct view of either the ocean, or the canal, with partial bay views as well. 11 WATERFRONT Transferable Development Rights convey with the sale. Any sale is contingent on approval by all 12 owners. No guarantee of marketable title is made by this listing as the property is listed based upon majority but not unanimous approval. Any offer must be accepted by all 12 owners to be binding. Property is owned as ''tenants in common''.

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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 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/91790198

    74960 Overseas Highway , 201-306 Lower Matecumbe, FL 33036

    • Price: $2,250,000
    • Status: Active
    • MLS #: 584288
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.49
    Acres
    Neighborhood:
    Sandy Point (74.5)
    County:
    Monroe
    Area:
    22 - Lower Matecumbe
    Property Description
    Amazing opportunity to build a 12 unit waterfront condominium building in The Florida Keys. Excellent profit margin for a builder/developer. The condominium building was destroyed by Hurricane Irma. The building is located on a canal, with a view over Sea Oats Beach of the Atlantic Ocean. The location allows all units a direct view of either the ocean, or the canal, with partial bay views as well. 11 WATERFRONT Transferable Development Rights convey with the sale. Any sale is contingent on approval by all 12 owners. No guarantee of marketable title is made by this listing as the property is listed based upon majority but not unanimous approval. Any offer must be accepted by all 12 owners to be binding. Property is owned as ''tenants in common''.
    Exterior Features

    Dockage Boat Slip Location Site Cleared Site Lot Dimensions 215 X 100 Side Bay/Gulf Vegetation Survey No Waterfront Canal Front Waterfront YN Yes Waterview Bay ViewCanal ViewOcean ViewOpen Water View

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Building Permit Active PermitOther Permit City Islamorada Control Depth 4 Deed Restrictions Unknown Existing Utilities Sewer Land Style Lots Listing Board Florida Keys Mile Marker 74.50 Mobile Home Lot No Neighborhood Features BeachCommunity Dockage Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Tranfrble Dev Right Species List No Survey Available No Tax Exemptions None Tax Year 0 Taxes 0.00 Terms No Seller Finance Zoning Oth - Other Zoning

    Listing courtesy of John Gallant of Blue 9 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 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.
     
    Doug Mayberry Real Estate
    1075 Duval Street, Suite C23
    Key West FL, 33040