84745 Old Highway, Windley Key, FL 33036 (MLS# 592541)

84745 Old Highway, Windley Key, FL 33036

$5,500,000

Property Type: Vacant Land Lot Size (sq. ft.): 49,870 Status: Closed

Current Price: $5,500,000 List Date: 1/20/2021 Last Modified: 3/05/2025

Description

RARE SHOVEL READY ONE OF A KIND OCEAN FRONT DEVELOPMENT OPPORTUNITY in the heart of Islamorada. Build fifteen (15) market rate homes on this cleared ocean front parcel with dockage and its own private island. Tucked away off of the Old Highway offering privacy and peaceful living, this site is perfect for a private single family community or an income generating vacation rental community. Offering unparalleled access to world renowned offshore and back-country fishing grounds or the country's largest barrier reef this location appeals to everyone. Overlooking Alligator Reef Lighthouse and close to the world famous Islamorada sandbar and all of the amenities that have made Islamorada a world class resort destination makes this location beyond compare.

More Information MLS# 592541

Contract Information

Listing Board: Florida Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $5,500,000 Listing Date: 2020-09-10 Sold Price: $5,500,000

Location, Tax & Legal

City: ISLAMORADA Off Shore Island: No Mile Marker: 84 Marathon Neighborhood: N/A Side: Ocean Flood Zone: VE,AE,AE,VE Alternate Key #: 1109070 Parcel #: 00093940-000000 Zoning: MF - Multi-Family Attached Deed Restrictions: No Legal: 23 63 37 WINDLEY ISLAND PB1-50 PT LOT 6 AND PT LOT 7 AND .89 AC ADJ BAY BTM OR142-43/44 OR196-206(II DEED 22572) OR401-9 Taxes: 13789.28 Tax Year: 2019 Street #: 84745 Street Name: Old Street Suffix: Highway Key/Island: Windley Key State/Province: FL Zip Code: 33036 County: Monroe Subdivision: Windy Cove (84.0) Area: 23 - Upper Matecumbe

General Property Description

Realtor.COM Type: Vacant Land Waterfront: Yes Control Depth: 4 Lot SqFt: 49870 Total Lots: 0 Survey Available: Yes

Remarks & Misc

Remarks – Consumer: RARE SHOVEL READY ONE OF A KIND OCEAN FRONT DEVELOPMENT OPPORTUNITY in the heart of Islamorada. Build fifteen (15) market rate homes on this cleared ocean front parcel with dockage and its own private island. Tucked away off of the Old Highway offering privacy and peaceful living, this site is perfect for a private single family community or an income generating vacation rental community. Offering unparalleled access to world renowned offshore and back-country fishing grounds or the country's largest barrier reef this location appeals to everyone. Overlooking Alligator Reef Lighthouse and close to the world famous Islamorada sandbar and all of the amenities that have made Islamorada a world class resort destination makes this location beyond compare. Directions: Mile marker 84 just behind Theater of the Sea on the Old Highway.

Assoc/Misc Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Miscellaneous Info

Mobile Home Lot: No

Dockage

Dock: Wood Seawall: Concrete

Tax Exemptions

None: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Location/Site

Cleared Site: 1 Paved Street: 1 Water Frontage: 1 Other See Remarks: 1

Existing Utilities

Electric on Site: 1 Other Utilities: 1

BuildingPermit

Other Permit: 1

Land Size

1 Less Than 2 Acres: 1

Terms

Buyer Obtain Finance: 1

Title

Negotiable: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2021-06-11 Sold Price: $5,500,000 Status: Closed

Property Features

Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Existing Utilities: Electric on Site; Other Utilities BuildingPermit: Other Permit Land Size: 1 Less Than 2 Acres Terms: Buyer Obtain Finance Title: Negotiable

Listing Office: American Caribbean Real Estate, Christie's International Real Estate

Last Updated: March - 05 - 2025

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