1.3+ Acres Oceanfront property with 4 building rights! Zoning allows for 6 market rate units per acre and 15 transient or affordable units per acre. 770 107th St, 630 107th St, and Vacant Land 107th St. Currently there is an oceanfront single family residence with four bedrooms, 2.5 bathroom, a one bedroom one bathroom guest quarters, and a duplex- two bedroom one bathroom and one bedroom one bathroom. All structures are hurricane damaged. Price reflects the current condition of the buildings which the owner may renovate at which time the price will increase. This property is located within the only designated Economic Opportunity Zone in the Keys and as such qualifies for significant income tax savings for all invested capital gains.
Listing courtesy of Coldwell Banker Schmitt Real Estate Co..