Buildable multi-family property with 8 townhomes proposed. The 8 townhomes are designed to be 3 Bedroom / 4 bathroom units on the bay. Currently there are two structures on property which have hotel rights.The large 1.4 acre property, stretching from US1 to the bay, features a protected cove and there are plans to include a long finger dock. Plans and building rights convey with a sale. Buyer to verify.Blueprints are available for viewing and download in the document tab in this listing. This is a great opportunity for a builder/developer. Opportunity exists to purchase the corporation shares which may convey advantageous rental rights for this property. Buyer to verify.
Property Type: Single Family Home
Sub Type: PreConstruction
New Construction: Y
Listing Status: Active
County/Area: Monroe County
Zip Code: 33036
Year Built: 1954
Subdivision/Neighborhood: Matecumbe Ocean Bay (75.0)
We have done business with Judy since 2003 and she has handled multiple transactions as we purchased, sold then purchased again our bit of paradise in the Keys. I would recommend anyone to Judy. Finding our new island home was always a rapid, effective, targeted purchase for a fair price and then was guided through the closing knowing the unique issues of Keys homes.