About 721 W Ocean Dr.
Welcome to The L Sapphire Shores – A Once-in-a-Lifetime Oceanfront Opportunity. This iconic property is finally offered on the residential marketplace as individual parcels providing an unparalleled opportunity to add this Distinctive gem to your family legacy for Generations worth of memories
Discover an unparalleled chance to one, two or three contiguous oceanfront lots with building rights (Selling separately or available as a package) in the prestigious City, Key Colony Beach, Florida. A true rarity, this expansive 225 feet (75' per parcel) of direct ocean frontage with deeded Ocean bottom offers the perfect canvas to create a one-of-a-kind luxury estate, a premier income-generating retreat, or an elite development project in one of the Florida Keys' most coveted locations.
For the Visionary Luxury Home Buyer
Imagine waking up to breathtaking sunrise views over the Atlantic Ocean, with private beach access just steps away. This is more than just land—it’s an invitation to craft your dream waterfront sanctuary, complete with an infinity-edge pool, a private dock, and world-class indoor-outdoor living spaces. Key Colony Beach is a hidden gem, offering an exclusive, relaxed lifestyle with luxury amenities, deep-water boating, and nearby fine dining.
For the Savvy Investor
Capitalize on the booming luxury vacation rental market with a high-end, income-producing property. Key Colony Beach demands high occupancy rates and premium rentals, a well-designed estate on this prime oceanfront land could generate significant returns as an exclusive short-term rental retreat. Zoned for residential use, this property presents a lucrative opportunity for a multi-unit luxury rental or an exclusive private getaway.
For the Premier Builder & Developer
This is an unparalleled development opportunity to craft multiple high-end oceanfront residences in one of the most desirable locations in the Florida Keys. The size, location, and prestige of these lots make this a rare chance to create a landmark luxury property. With high demand for new oceanfront construction, the potential for a record-setting sale or long-term investment is limitless. Purchasing all 3 lots will include upwards of 16 residential building rights and potentially as many as 27 dependent on other factors. (Building Rights are not transferrable)
Property Highlights:
✅ Three Contiguous Oceanfront Lots Sold separately – A rare 225 feet of prime waterfront land
✅ Unobstructed Atlantic Ocean Views – Direct sunrise exposure
✅ Deep-Water Access & Boating Paradise – Minutes to world-class fishing and diving
✅ Exclusive & Private Setting – Located in Key Colony Beach, an elite Florida Keys destination
✅ Multiple Development Possibilities – Build a grand estate, luxury rentals, or an exclusive enclave
Opportunities like this are exceedingly rare. Whether you’re seeking to build an iconic private retreat, an investment-generating haven, or an elite development, The Grand Sapphire Shores is the perfect foundation for your vision.
???? Inquire today to secure this extraordinary oceanfront opportunity before it’s gone.
