150 South Drive, Plantation Key, FL 33036 (MLS# 594873)

150 South Drive, Plantation Key, FL 33036

$10,000,000

Virtual Tour

www.PlantationPointSouth.com

Property Type: Vacant Land Lot Size (sq. ft.): 397,703 Status: Closed

Current Price: $10,000,000 List Date: 2/25/2021 Last Modified: 9/08/2024

Description

Oceanfront Land. Family Compound Size, Private, 180-Degree Ocean View, No View of Neighbors! Immediately commence development, 750' shoreline, 575' sandy beach. 'Highest Elevation' FL Keys Oceanfront Land at 12' is above FEMA once in a 100-year, Cat-5 Hurricane Water Height. Protects your 'Investment' from hurricanes, rising ocean height, provides only 'Ground Level' construction site for relaxed Maldives walkout beach setting, no ugly stilts and stairs, saves 20% on construction cost. Man-made peninsula will extend 96' into ocean with Observation Platform surrounded by water for a massage w soothing ocean sound. Also available 1/2 private Marina w 254' deep water dockage & 0.6-acre Marina Waterfront Lot w building unit allocation.

More Information MLS# 594873

Contract Information

Listing Board: Marathon/Lower Keys Limited Representation: Yes Potential Short Sale: No Bank Owned: No Current Price: $10,000,000 Listing Date: 2021-02-25 Sold Price: $10,000,000

Location, Tax & Legal

City: ISLAMORADA Mile Marker: 87 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE,VE,AE,VE Alternate Key #: 1506044 Parcel #: 00411800-000000 Zoning: R1 - Residential Single Family Deed Restrictions: Yes Legal: S1/2 LT 12, N1/2 LT 13, 15,16,17 BK1 PLANTATION RIDGE PB3-43, PT LOT 6 AND PT BAY BTM SLY LT 6 (18-63-38) PLANTATION KEY Taxes: 5186.65 Tax Year: 2019 Street #: 150 Street Name: South Street Suffix: Drive Key/Island: Plantation Key State/Province: FL Zip Code: 33036 County: Monroe Subdivision: Plant Ridge (87.0) Area: 25 - Plantation Key

General Property Description

Realtor.COM Type: Vacant Land Waterfront: Yes Control Depth: 4 Lot SqFt: 397702.8 Total Lots: 0 Survey Available: Yes

Remarks & Misc

Remarks – Consumer: Oceanfront Land. Family Compound Size, Private, 180-Degree Ocean View, No View of Neighbors! Immediately commence development, 750' shoreline, 575' sandy beach. 'Highest Elevation' FL Keys Oceanfront Land at 12' is above FEMA once in a 100-year, Cat-5 Hurricane Water Height. Protects your 'Investment' from hurricanes, rising ocean height, provides only 'Ground Level' construction site for relaxed Maldives walkout beach setting, no ugly stilts and stairs, saves 20% on construction cost. Man-made peninsula will extend 96' into ocean with Observation Platform surrounded by water for a massage w soothing ocean sound. Also available 1/2 private Marina w 254' deep water dockage & 0.6-acre Marina Waterfront Lot w building unit allocation. Directions: Overseas Highway South, left at Founders Park, right on gated South Drive, ½ mile 2nd gated entrance, right Plantation Point South Drive, enter 9.13-acre Plantation Point South Family Compound.

Assoc/Misc Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Assoc Approval Req: No Association Fee $: 5000 Assoc/Mnt Fee Per: Yearly

Miscellaneous Info

Mobile Home Lot: No Recorded Plat: Yes

Dockage

None: 1

Tax Exemptions

None: 1

Waterfront

Oceanfront: 1

Waterview

Ocean View: 1 Open Water View: 1

Location/Site

Paved Street: 1

Existing Utilities

Electric on Site: 1 Sewer: 1 Water Meter: 1

Land Size

5 Less Than 10 Acres: 1

Title

Title Ins - Seller: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2022-07-06 Sold Price: $10,000,000 Status: Closed

Property Features

Tax Exemptions: None Waterfront: Oceanfront Dockage: None Waterview: Ocean View; Open Water View Existing Utilities: Electric on Site; Sewer; Water Meter Land Size: 5 Less Than 10 Acres Title: Title Ins - Seller

Listing Office: Addvantage Real Estate Services

Last Updated: September - 08 - 2024

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