• DESCRIPTION

    Prime Shovel Ready Vacation Rental Resort development opportunity in Key West. Property includes 1.92 Acres with 2 parcels at the corner of 4th Ave. & Maloney Ave past Front Street. 575' of frontage on 4th Ave. County Approved for 27 single family homes and total of 38,880 sf total or 1,440 sf/unit. Plans call for a gated community which can be licensed and operated as daily vacation rentals. The combined parcels 5730 4th Ave and 6440 Maloney Ave comprise 83,750 sq. ft. THIS IS A SHOVEL READY PROJECT ON STOCK ISLAND! Demo permits and site permits have already been approved. Construction plans are available. This property sits just 400 ft from the waterfront and is adjacent one of the last undeveloped 10 acre hotel pads with a deep water harbor. In addition, a commercial building with 1,756 sq. ft. perfect for convenience store, restaurant or office space is included.

    KEY DETAILS
    • Price:
    • $11,500,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 9,418
    • Acreage:
    • 1.92
    • Year Built:
    • 1953
    • MLS #:
    • 601186
    • Street Address:
    • 5730 4th Ave
    • City:
    • Stock Island
    • State:
    • FL
    • Postal Code:
    • 33040
    • County:
    • Monroe
    • Area:
    • 05 - Stock Island To Shark Key
    • Subdivision:
    • Maloney Sub (5.0)
    • Listing Status:
    • For Sale - Active

    Building

    • Dwelling Type:
    • Apartment 3 Or More, Hotel/Motel, Mobile Home Park, Other Comrcl Style, Restaurant, Retail
    • Leasable Square Feet:
    • 8184.00
    • Miscellaneous Features:
    • High Traffc Location, High Visibility
    • Number Of Units:
    • 27.00
    • Square Footage Source:
    • Property Data Card
    • Stories:
    • 1.0
    • Style:
    • Residential Income
    • Total # Of Buildings:
    • 2
    • Total Building Square Footage:
    • 9418
    • Year Built:
    • 1953

    Business

    • Business Description:
    • Not Included
    • Year Established:
    • 2007-12-31

    Land

    • Conforms To Zoning:
    • Mu - Mixed Use District
    • Federal Flood Zone:
    • Ae
    • Lot Size:
    • 1 Less Than 2 Acres
    • Lot Square Footage:
    • 83750.00

    Listing

    • Days On Market:
    • 115
    • For Sale Or Lease?:
    • For Sale

    Money

    • Property Taxes:
    • $28,415
    • Tax Year:
    • 2021

    Structures

    • Parking Description:
    • Common Parking, Guest Parking, Off Street Parking
    • Parking Spaces:
    • Ample

    Systems

    • Utilities:
    • Buyer To Verify

    Water

    • Water View Description:
    • No Waterview

    Source

    • Listing Provided By RE/MAX Keys Connection (kw)

      UPKEYS
    REQUEST SHOWING
    SCHOOL RATINGS

    No school information available.

    NOTES

    No notes have been added for this home.

    CONTACT AN AGENT
    By clicking 'Request Info' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from midkeyshomes.com at the number you provided above. This consent is not required to purchase any good or service. More details in privacy policy and terms of use.

    SCORECARD

    0
    PROS
    0
    CONS
    Condition
    Location
    Nearby
    Schools
    Taxes
  • Add Note
  • Add to Notebook
  • Share