Oceanfront Development Land with Dock
For Sale
$9,198,000
Pending
721 W Ocean Drive, Key Colony Beach, FL 33051
Oceanfront site with dock permit, 3 lots, and prior 22-unit condominium use in Key Colony Beach.
Property SizeContact for details
Lot Size2.00 Acres
Days on Market544
Property Features for 721 W Ocean Drive
General Information
Standard status
Pending
Lot size
2.00 Acres
Property subtype
Land
Zoning
R-3 - Multi Unit Res
Amenities
Ocean
Listing Agency:
Coldwell Banker Schmitt Real E
Listed By:
Lisa H Ferringo · License #605677
(305) 797-1221
Source:
Evrealestate
Added: Apr 17, 2025
Changed: Sep 29
Last Checked: Oct 11 at 6:33AM
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 E
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.
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
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Current Use
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
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Business Placement
Demographics for 33051, FL
790
Population
1,132
Households
0.7
Avg Household Size
63
Median Age
48%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
1,975
Density / Sq Mi
$94,531
Median Household Income
$38,860
Median Earnings
$1,849
Median Rent
$834,800
Median Home Value
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Frequently Asked Questions
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 Drive 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.
