Discover endless possibilities with this prime vacant land parcel nestled in the heart of the Florida Keys! Spanning 2.10+/- acres (approx. 91,650+/- SF) of land with an additional 1.9+/- acres (approx. 85,000+/- SF) of adjacent bay bottom, this captivating oceanfront property presents an idyllic setting for a luxurious estate or a multi-unit development with up to 27 units. The possibility also exists to sub-divide the lot into three parcels. Permit is currently in place to rebuild the pier. Key Colony Beach epitomizes tranquility and serenity. Its prime location offers sweeping views of the Atlantic Ocean and seamless access to some of the best fishing, boating, and diving in the world. This blank canvas awaits your vision to create a masterpiece within this enchanting seaside community.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
5
/10
Stanley Switlik Elementary School
3400 Overseas Hwy
Distance between this listing and this school4.75 miles
Public District Grades PK-5
5
/10
Big Pine Academy
30220 Overseas Hwy
Distance between this listing and this school21.70 miles
Public Charter Grades PK-5
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Nearby Schools
4
/10
Marathon Middle High School
350 Sombrero Beach Rd
Distance between this listing and this school3.83 miles
The neighbors living near this home have an average income of $58,546. Typical income of Monroe County, FL residents is between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 721 W Ocean Dr
What is the listing price of this property?
The listing price of 721 W Ocean Dr property is $8,750,000.
What type of property is this?
The property 721 W Ocean Dr is land located in Key Colony, Florida, 33051.
Is this property for sale now?
Active Listing: 721 W Ocean Dr is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 721 W Ocean Dr in Key Colony, FL and zip code 33051. This home sits on a 91650.00 acre lot. It has been listed on Rocket Homes since August 22, 2023 and is currently priced at $8,750,000.
Over 0 listings were sold over their listed price in November 2024 in Monroe County, FL. In the same period over 9 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Monroe County, FL increased by 10.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,009,500, while the average time on the real estate market was 105 days.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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