About 5645 Macdonald Avenue
A rare opportunity to purchase a buildable 50x125 vacant lot that is located directly in the prime commercial corridor of Stock Island. The liberal zoning of Mixed Use (MU) is ideal for redevelopment and allows for many different uses. This lot conveys with (3) three residential unit vested rights and a minimum of 2754 square feet of commercial NROGO building rights that can be either developed on the property or at another location depending on the desired redevelopment plan. These vested rights have been confirmed by the Monroe County Planning Department. In addition, the property is completely fenced with an electric gate and has all utility services available. Opportunities like this are rare and do not come often!
Features of 5645 Macdonald Avenue
MLS® # | 612660 |
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Price | $950,000 |
Square Footage | 6,250 |
Type | Vacant Land |
Status | Active |
Community Information
Address | 5645 Macdonald Avenue |
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Area | 05 - Stock Island to Shark Key |
Subdivision | Maloney Sub (5.0) |
City | Stock Island |
County | Monroe |
State | FL |
Zip Code | 33040 |
Amenities
Utilities | Street Lights, Water Meter, Water Line, Electric on Site |
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View | No Waterview |
Is Waterfront | No |
Waterfront | None |
Interior
Has Basement | No |
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Exterior
Lot Description | Less Than 1/4 Acre |
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Additional Information
Date Listed | December 12th, 2024 |
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Days on Market | 130 |
Zoning | MU - Mixed Use District |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Terry L Garcia |
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Office | Keller Williams Key West Compass Realty |