89169 Old Highway, Plantation Key, FL 33070

$3,270,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,884 Lot Size (sq. ft.): 56,271 Status: Closed
Current Price: $3,270,000 List Date: 4/26/2023 Last Modified: 9/04/2024

Description

Seas the Day with your morning Sunrise from this sought after Islamorada oceanfront location. Situated on the Old Hwy famously known as ''Millionaire's Row'', for the estate sized highway to ocean homes that garner this shoreline. This is a rare opportunity to purchase a property in this price range amongst much larger valued estate properties. This modest 2/2.5 home could be remodeled for your Keys hideaway, or you may want to take advantage of the opportunity to redevelop this prime location boasting 85 feet of shoreline and approx.. 680 feet deep on the ocean totaling an impressive and secluded 1.29 acres. Enjoy the privacy of a Hammock lined drive into a spectacular view awaiting you. The location would be ideal for a new construction home! The scarcity of permits and future development, combined with deep water dockage advantages only heighten the investment opportunity of this property. Downstairs is permitted for a garage & storage. Enjoy the easy access to the ocean & soak in all the sea life found right off the dock. The current dock, arguably largest in length in the area, extends more than 500 Ft. Current zoning would allow for vacation rentals.

More Information MLS# 605075

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Current Price: $3,270,000 Listing Date: 2023-04-26 Sold Price: $3,270,000

Location, Tax & Legal

City: Tavernier Mile Marker: 89 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE,VE,VE,AE,VE Alternate Key #: 1517208 Parcel #: 00419295-002602 Zoning: NR - Native Residential Deed Restrictions: Unknown Legal: PT TR A TROPICAL CORAL REEF ESTS PLANTATION KEY PB6-8 (2.02AC) AND PT LOT 25 (.67AC) OR429-702/03 OR445-617/18 OR473-935 Taxes: 6699.95 Tax Year: 2022 Pub Sewer HkUp: Yes Street #: 89169 Street Name: Old Street Suffix: Highway Key/Island: Plantation Key State/Province: FL Zip Code: 33070 County: Monroe Subdivision: Trop Coral Reef (89.0) Area: 25 - Plantation Key

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 4 Lot SqFt: 56271 Pool: No Lot Sqft Source: Tax Records Total Units: 0 Acres: 1.29 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Single Family Year Built: 1993 Living Apx SqFt: 1884 Total Bedrooms: 2 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Seas the Day with your morning Sunrise from this sought after Islamorada oceanfront location. Situated on the Old Hwy famously known as ''Millionaire's Row'', for the estate sized highway to ocean homes that garner this shoreline. This is a rare opportunity to purchase a property in this price range amongst much larger valued estate properties. This modest 2/2.5 home could be remodeled for your Keys hideaway, or you may want to take advantage of the opportunity to redevelop this prime location boasting 85 feet of shoreline and approx.. 680 feet deep on the ocean totaling an impressive and secluded 1.29 acres. Enjoy the privacy of a Hammock lined drive into a spectacular view awaiting you. The location would be ideal for a new construction home! The scarcity of permits and future development, combined with deep water dockage advantages only heighten the investment opportunity of this property. Downstairs is permitted for a garage & storage. Enjoy the easy access to the ocean & soak in all the sea life found right off the dock. The current dock, arguably largest in length in the area, extends more than 500 Ft. Current zoning would allow for vacation rentals.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock Length: 515 Dock: Wood

Tax Exemptions

Homestead: 1

Appliances

Dishwasher: 1 Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Floor

Carpet: 1 Tile: 1

Interior Features

Cathedral Ceilings: 1 Walk-in Closet(s): 1

Property Condition

Fixer Upper: 1

Building Style

Above Flood: Unknown Stories: 2 Stories

Windows/Doors

Aluminum Windows: 1

Vehicle Storage

Carport: 1 Garage: 1 Open Parking: 1

Construction

Frame: 1

Land Size

1 Less Than 2 Acres: 1

Terms

Cash: 1 No Seller Finance: 1 Other Specify: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1 Widow's Walk: 1

Title

Title Ins - Buyer: 1

Exterior Features

Fencing: 1 Storage: 1

Roof

Metal Roof: 1

Shutters

Panel: 1

Status Change Info

Sold Date: 2023-06-09 Sold Price: $3,270,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Property Condition: Fixer Upper Vehicle Storage: Garage; Carport; Open Parking Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Cathedral Ceilings; Walk-in Closet(s) Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Exterior Features: Fencing; Storage Construction: Frame Shutters: Panel Floor: Carpet; Tile Roof: Metal Roof Pets: Pets Allowed Land Size: 1 Less Than 2 Acres Terms: Cash; No Seller Finance; Other Specify Title: Title Ins - Buyer
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: September - 04 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.