A rare opportunity to purchase a buildable 50x125 vacant lot that is located directly in the prime commercial corridor of Stock Island. The liberal zoning of Mixed Use (MU) is ideal for redevelopment and allows for many different uses. This lot conveys with (3) three residential unit vested rights and a minimum of 2754 square feet of commercial NROGO building rights that can be either developed on the property or at another location depending on the desired redevelopment plan. These vested rights have been confirmed by the Monroe County Planning Department. In addition, the property is completely fenced with an electric gate and has all utility services available. Opportunities like this are rare and do not come often!
Mls | 610325 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Days On Site | 180 |
Listing Provided By | Keller Williams Key West Compass Realty | Terry L Garcia |
Zoning | MU - Mixed Use District |
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Acreage | 0.14 |
Property View | No Waterview |
State | FL |
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County | Monroe |
City | Stock Island |
Zip Code | 33040 |
Area | 05 Stock Island to Shark Key |
Community Name | Maloney Sub (5.0) |
Listing VS Median (in Maloney Sub (5.0)) | |
Price: $950,000 low | high Med: $619,000 On Site: 180 low | high Med: 278.000000 |