About 6440 Maloney Avenue
Opportunity to develop 27 transient single family units. Situated on 1.92 acres with two parcels at the corner of 4th Ave. & Maloney Ave, on Stock Island, just over the bridge from Key West, this property boasts 575' of frontage on 4th Ave and is site plan approved for 27 single-family homes totaling 38,880 sq. ft. Plans envision a gated community licensed for daily vacation rentals, with the combined parcels comprising 83,750 sq. ft. This project on Stock Island has site permits approved. Positioned just 400 ft from the waterfront, this opportunity includes a commercial building perfect for a convenience store, restaurant, or office space. Don't miss out on capitalizing on Key West's thriving vacation rental market!
Features of 6440 Maloney Avenue
| MLS® # | 608596 |
|---|---|
| Price | $8,950,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,594 |
| Year Built | 1974 |
| Type | Commercial |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 6440 Maloney Avenue |
|---|---|
| Area | 05 - Stock Island to Shark Key |
| Subdivision | Maloney Sub (5.0) |
| City | Stock Island |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Utilities | FKAA, Buyer to Verify |
|---|---|
| Parking | Off Street Parking, Common Parking, Guest Parking |
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
Interior
| Appliances | No Appliances |
|---|
Exterior
| Lot Description | 1 Less Than 2 Acres |
|---|---|
| Construction | Other Construction |
Additional Information
| Date Listed | February 7th, 2024 |
|---|---|
| Days on Market | 80 |
| Zoning | MU - Mixed Use District |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Team Gardner/langley |
|---|---|
| Office | Berkshire Hathaway Knight & Gardner |