5700 Laurel Avenue, Key West, FL 33040
$8,500,000
Property Type:
Commercial
Lot Size (sq. ft.):
286,595
Status:
Closed
Current Price:
$8,500,000
List Date:
3/16/2017
Last Modified:
9/09/2024
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.
More Information MLS# 574769
Contract Information
Listing Board: Marathon/Lower Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Species List: No
Current Price: $8,500,000
Listing Date: 2017-03-16
Sold Price: $8,500,000
Location, Tax & Legal
City: KEY WEST
Off Shore Island: No
Mile Marker: 2
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 1158666
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
Street #: 5700
Street Name: Laurel
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: W C Maloney Diagram (2.0)
County: Monroe
Area: 01 - Key West
General Property Description
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: 0
SqFt Source: Tax Records
Building SqFt: 14255
Style: Commercial
Year Built: 1959
Remarks & Misc
Remarks – Consumer: 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.
Directions: Behind Murrays Marine on Stock Island
5700 Laurel Avenue
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Mobile Home Park: 1
Fee Includes
None: 1
Dockage
Other Dockage: 1
Appliances
No Appliances: 1
Waterfront
Oceanfront: 1
Waterview
Ocean View: 1
Construction
Other: 1
Land Size
5 Less Than 10 Acres: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2018-01-17
Sold Price: $8,500,000
Status: Closed
Property Features
Type: Mobile Home Park
Waterfront: Oceanfront
Waterview: Ocean View
Dockage: Other Dockage
Utilities: FKAA; Municipal Sewer
Appliances: No Appliances
Construction: Other
Land Size: 5 Less Than 10 Acres
Fee Includes: None
Listing Office:
Coldwell Banker Schmitt Real Estate Co.
Last Updated: September - 09 - 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.