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  • 721 W Ocean Drive
  • $9,198,000
  • KEY COLONY, FL / Stevens Sub (53.5)
  • 91,650 Sq.Ft.

721 W Ocean Drive , FL - KEY COLONY

Fantastic Oceanfront Development Opportunity in the heart of the Florida Keys! 2+ acres of prime oceanfront boasting 225 of beach front with dock permit in Key Colony Beach. A total of 3 lots with endless possibilities. Previous use was a 22 unit condominium. Or look into separating the lots to build 3 new luxury beach homes which are in very hot demand and rare to find. One house on this street sold March 2025 for $12 Million. Key Colony Beach is an upscale coastal community in the Middle Keys offering beautiful beaches, par 3 golf course, basketball, pickle and bocce ball, shopping and dining, marina, fishing charters, and 3 parks including Sunset Park where you will find Keys famous sunsets over the ocean all year long. Key Colony Beach also enjoys its own police force and quick access to the Marathon Airport which is just minutes away.

Listing Summary for 721 W Ocean Drive
Price:
$9,198,000
Bedrooms:
n/a
Bathrooms:
n/a
Half Baths:
n/a
Square Footage:
91,650
Lot Sq. Ft.:
n/a
Year Built:
n/a
Property Type:
Vacant Land
Sub-Type:
MLS® #:
614678
Status:
Active
Address:
721 W Ocean Drive
City:
Key Colony
State:
FL
Zip:
33051
County:
Monroe
Key:
Key Colony
Side of Island:
Ocean
Community:
Stevens Subdivision
Mile Marker:
53.50
Tax Year:
n/a
Date Listed:
04-17-2025
Additional Information
Is Waterfront:
Yes
Waterfront Type:
Oceanfront,Beach Front,Open Water
View
Open Water View,Ocean View
Has Pool:
n/a
Pool Info:
n/a
Short Sale:
No
Foreclosure:
No
Pets:
n/a
Docakge Type:
n/a
Dockage Length:
n/a
Dockage Seawall:
n/a
Dockage Construction:
n/a
Security:
n/a
Building Construction:
n/a
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The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. The MLS data provided for the property above (614678) is provided courtesy of (Coldwell Banker Schmitt Lower Keys (KW)). Data last updated on 04-22-2025.
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