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84745 Old Highway, Windley Key, FL 33036

$5,500,000
Property Type: Vacant Land Lot Size (sq. ft.): 49,870 Status: Closed
Current Price: $5,500,000 List Date: 1/20/2021 Last Modified: 3/05/2025

Overview

Description

RARE SHOVEL READY ONE OF A KIND OCEAN FRONT DEVELOPMENT OPPORTUNITY in the heart of Islamorada. Build fifteen (15) market rate homes on this cleared ocean front parcel with dockage and its own private island. Tucked away off of the Old Highway offering privacy and peaceful living, this site is perfect for a private single family community or an income generating vacation rental community. Offering unparalleled access to world renowned offshore and back-country fishing grounds or the country's largest barrier reef this location appeals to everyone. Overlooking Alligator Reef Lighthouse and close to the world famous Islamorada sandbar and all of the amenities that have made Islamorada a world class resort destination makes this location beyond compare.

Listing Details MLS# 592541

Location, Tax & Legal

Street #
84745
Street Name
Old
Street Suffix
Highway
Key/Island
Windley Key
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Windy Cove (84.0)
Area
23 - Upper Matecumbe
City
ISLAMORADA
Off Shore Island
No
Mile Marker
84
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
VE,AE,AE,VE
Alternate Key #
1109070
Parcel #
00093940-000000
Zoning
MF - Multi-Family Attached
Deed Restrictions
No
Legal
23 63 37 WINDLEY ISLAND PB1-50 PT LOT 6 AND PT LOT 7 AND .89 AC ADJ BAY BTM OR142-43/44 OR196-206(II DEED 22572) OR401-9
Taxes
13789.28
Tax Year
2019

Contract Information

Listing Board
Florida Keys
Limited Representation
No
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Vacant Land
Waterfront
Yes
Control Depth
4
Lot SqFt
49870
Survey Available
Yes
Total Lots
0

Status Change Info

Sold Date
2021-06-11

Miscellaneous Info

Mobile Home Lot
No

Dockage

Dock
Wood
Seawall
Concrete

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
RARE SHOVEL READY ONE OF A KIND OCEAN FRONT DEVELOPMENT OPPORTUNITY in the heart of Islamorada. Build fifteen (15) market rate homes on this cleared ocean front parcel with dockage and its own private island. Tucked away off of the Old Highway offering privacy and peaceful living, this site is perfect for a private single family community or an income generating vacation rental community. Offering unparalleled access to world renowned offshore and back-country fishing grounds or the country's largest barrier reef this location appeals to everyone. Overlooking Alligator Reef Lighthouse and close to the world famous Islamorada sandbar and all of the amenities that have made Islamorada a world class resort destination makes this location beyond compare.
Directions
Mile marker 84 just behind Theater of the Sea on the Old Highway.

Assoc/Misc Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Tax Exemptions

None
Yes

Waterfront

Oceanfront
Yes
Open Water
Yes

Waterview

Ocean View
Yes
Open Water View
Yes

Location/Site

Cleared Site
Yes
Paved Street
Yes
Water Frontage
Yes
Other See Remarks
Yes

Existing Utilities

Electric on Site
Yes
Other Utilities
Yes

BuildingPermit

Other Permit
Yes

Land Size

1 Less Than 2 Acres
Yes

Terms

Buyer Obtain Finance
Yes

Title

Negotiable
Yes

Property Features

Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Existing Utilities: Electric on Site; Other Utilities BuildingPermit: Other Permit Land Size: 1 Less Than 2 Acres Terms: Buyer Obtain Finance Title: Negotiable
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: March - 05 - 2025
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.