$5143.68 Per Sq Foot $48,046 est/mo Sourced by Back At You

6440 Maloney Avenue,Stock Island, FL 33040

Stock Island FL, 33040

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Description

Opportunity to develop 27 transient single family units. Situated on 1.92 acres with two parcels at the corner of 4th Ave. & Maloney Ave, on Stock Island, just over the bridge from Key West, this property boasts 575' of frontage on 4th Ave and is site plan approved for 27 single-family homes totaling 38,880 sq. ft. Plans envision a gated community licensed for daily vacation rentals, with the combined parcels comprising 83,750 sq. ft. This project on Stock Island has site permits approved. Positioned just 400 ft from the waterfront, this opportunity includes a commercial building perfect for a convenience store, restaurant, or office space. Don't miss out on capitalizing on Key West's thriving vacation rental market!

Details

MLS#608596
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1974
Days On Site74
Listing Provided ByBerkshire Hathaway Knight & Gardner | Team Gardner/Langley

Features

SQ Feet1,740
Units27
Building(s)2
ZoningMU - Mixed Use District
Acreage1.92

Market Activity 33040

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

StateFL
CountyMonroe
CityStock Island
Zip Code33040
Area05 Stock Island to Shark Key
Community NameMaloney Sub (5.0)
Listing VS Median (in Maloney Sub (5.0))
Price:
$8,950,000
low | high
Med:
$1,250,000
100% of Average
SqFt:
1,740
low | high
Med:
1,392
70% of Average
$ / SqFt:
$5,144
low | high
Med:
$898
100% of Average
On Site:
74
low | high
Med:
6.000000
100% of Average
Sourced by Back At You
Listing Updated: March 1, 2024 at 3:47:34 PM PST