Waterfront

Key Colony Beach, FL Waterfront Land for Sale

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Marathon, FL Conch Key, FL Duck Key, FL No Name Key, FL Islamorada, FL Big Pine Key, FL
Oceanfront Development Land with Dock Permit
Updated: May 27
Oceanfront Development Land with Dock Permit

721 W Ocean Dr, Key Colony Beach, FL 33051

$9,198,000
2.00 AC lot
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.
Previous use was a 22‑unit condominium.
Can be separated to build 3 new luxury beach homes (as described).
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Key Colony Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Redevelopment Opportunity with Dockage
Waterfront Redevelopment Opportunity with Dockage

14 125th Street Gulf, Marathon, FL 33050

$3,549,000
6,128 sqft 1.72 AC lot

Rare waterfront redevelopment site with deep water dockage and highway frontage.

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Waterfront Land in Marathon, Florida
Waterfront Land in Marathon, Florida

248 Pescayo Avenue, Marathon, FL 33050

$1,450,000
0.26 AC lot

Buildable waterfront lot with ocean access in Marathon, Florida.

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Waterfront Retail Opportunity in Marathon
Waterfront Retail Opportunity in Marathon

12790 Overseas Hwy, Marathon, FL 33050

Contact for pricing
1,372 sqft 1.24 AC lot

Prime 1.24-acre commercial property with highway frontage and waterfront access.

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Adjacent Deepwater Waterfront Land
Adjacent Deepwater Waterfront Land

246-248 Pescayo Avenue, Marathon, FL 33050

$2,950,000
0.50 AC lot

Two adjacent cleared parcels with a vested transferable building right on a deepwater canal with 7.9' controlling depth.

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Key Colony Beach, FL Waterfront Land Market Trends and Statistics

Explore 1 waterfront land for sale in Key Colony Beach, FL on our real estate platform. These investment opportunities span a total of 87,120 square feet of properties for sale, with an estimated market value of $9,198,000.

Sale prices for water rights properties in Key Colony Beach, FL average $9,198,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 2
Waterfront Land 1

Demographics Overview

Population 525
Median Household Income $94,531
College Educated 61.4%

High-Yield Neighborhoods for Investment

Identify Key Colony Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33051 $1.7M

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Retail

Residential Income

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