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5700 Laurel Avenue Key West, FL 33040

  • lot size area: 286,595
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Commercial-Closed $ 8,500,000

Sold Status

Sold Date: 01-17-2018

MLS#: 574769

Courtesy of: Coldwell Banker Schmitt Real Estate Co.

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Description

Development Rights Determination letter dated 09/12/16 indicated 53 permanent and 8 transient residential units plus 672 sq ft of commercial floor area. Redevopment allows for all permanent residential units can be rebuilt subject to current setbacks, parking, open space etc regulations. 30% of redeveloped units to be deed restricted Affordable.

Specifications


    Contract Information


  • Marathon/Lower Keys
  • No
  • Yes
  • No
  • No

    Location, Tax & Legal


  • KEY WEST
  • No
  • 2
  • Ocean
  • AE,AE

    General Property Description


  • Multi-Family
  • Yes
  • 3
  • 3.24AC+/- Upland and 3.34 AC +/- Baybottom
  • 286595

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    • Listing Board : Marathon/Lower Keys
    • Limitd Reprsntation : No
    • As is Rght to Inspct : Yes
    • Potential Short Sale : No
    • Bank Owned : No
    • For Sale/Lease : For Sale
    • Species List : No
    • City : KEY WEST
    • Off Shore Island : No
    • Mile Marker : 2
    • Side : Ocean
    • Flood Zone : AE,AE
    • Parcel # : 00124540-000000
    • Zoning : HDR - High Density Residential
    • Legal : STOCK ISLAND MALONEY SUB PB1-55 LOTS 1 THRU 7 & ADJ BAY BTM & LOTS 11 TO 21 BK32 SQR 32 G48-164-65 OR144-468/69OR206-
    • Taxes : 40831.87
    • Tax Year : 2016
    • Realtor.COM Type : Multi-Family
    • Waterfront : Yes
    • Control Depth : 3
    • Lot Size : 3.24AC+/- Upland and 3.34 AC +/- Baybottom
    • Lot SqFt : 286595
    • Total Units
    • SqFt Source : Tax Records
    • Building SqFt : 14255
    • Directions : Behind Murrays Marine on Stock Island 5700 Laurel Avenue
    • Mandatory Home Owners Asc : No
    • 1st Right of Refusal : No
    • Mobile Home Park
    • No Appliances
    • Oceanfront
    • Other Dockage
    • Ocean View
    • Other Construction
    • 5 Less Than 10 Acres
    • FKAA
    • Municipal Sewer
    • Bank Owned : No
    • Potential Short Sale : No

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