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721 W Ocean Dr, Key Colony Beach, FL, 33051
Oceanfront Development Land with Dock Permit

721 W Ocean Dr Key Colony Beach, FL 33051

For Sale
$9,198,000
Pending

Oceanfront site with dock permit, 3 lots, and prior 22-unit condominium use in Key Colony Beach.

Lot Size2.00 Acres
Days on Market61

Property Features for 721 W Ocean Dr

General Information

Standard status
Pending
Lot size
2.00 Acres
Property subtype
Land
Listing Agency: Coldwell Banker Schmitt Real Estate Co
Listed By: Lisa H Ferringo · License #605677
Source: Exprealty
Added: May 27 Changed: Jul 21 Last Checked: Jul 25 at 5:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmitt Real Estate Co


Investment Insights

Based on property information with market context.

This oceanfront development land offering includes 3 lots totaling 2+ acres with 225 feet of beach frontage and a dock permit. The property reflects a prior 22-unit condominium use, with the current configuration presenting opportunities for continued redevelopment and lot-level planning under the existing site framework.

Located in Key Colony Beach in the Florida Keys, the site benefits from access to local community amenities, including a marina, fishing charters, and multiple parks. The area is described as an upscale coastal community, and the remarks note quick access to Marathon Airport.

The combination of beachfront depth, dock permit documentation, and multiple lots is designed to support flexible oceanfront development planning within Key Colony Beach.

Key Highlights

  • Oceanfront development site in Key Colony Beach with 2+ acres and 225' of beachfront.
  • Dock permit included.
  • Property consists of 3 lots, offering multiple development possibilities.

Property Analytics

Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

Parking Lot & Garage Dental Office Electrical Service Furniture & Home Goods Grocery & Convenience Store Auto Parts Store Cafe & Coffee Shop Skin Care Clinic Veterinary Clinic Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Waterfront Land - Oceanfront site with dock permit, 3 lots, and prior 22-unit condominium use in Key Colony Beach.
Where is this waterfront land located?
The property is located at 721 W Ocean Dr Key Colony Beach, FL.
What is the asking price?
The asking price for this property is $9,198,000.
What are key features of this property?
This property features: Oceanfront development site in Key Colony Beach with 2+ acres and 225' of beachfront.; Dock permit included.; Property consists of 3 lots, offering multiple development possibilities.
More about this property
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