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  • 21,500
Active Status Multi-Family WaterFront
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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, and if a 12th TDR was purchased, a developer has the right to build 12 condominium units on the property. 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 owne

Address: 74960 Overseas Highway 201-306
State: FL
City: Lower Matecumbe
County: Monroe
Zip Code: 33036
Neighborhood: Sandy Point
MLS#: 584288
MLS Area: 22 Lower Matecumbe

Price History

Date Price Event Change MLS#:
2/13/2019 $2,250,000 List Price 584288

Nearby Schools

Interior Details

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Exterior Details

  • Home Construction
  • Features:
  • WaterFront:Yes
  • WaterFront Description:Canal Front
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  • Pool:No
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  • Lot Size:21500

Community Details

  • Restrictions:Unknown

Rental Information

  • Rental Income:$0
  • Rental Number:0

Recent News

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Property Information Last Updated: 2/18/2019 1:24:02 PM
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 Board of Realtors�, Florida Keys MLS, Inc. Real Estate Listings held by brokerage firms other than STAR Properties are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.”

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