5730 4Th Avenue

  • $$12,000,000
    • Sq Ft: 9,418

Vacation rental resort development opportunity in the highly desirable Key West area. Property includes 2 parcels with corner frontage on Maloney Ave and Front Street, approved for 27 single family homes in a gated community which can be operated as daily vacation rentals. The combined parcels 5730 4th Ave and 6440 Maloney Ave comprise 83,750 sq. ft. This is a shovel ready project. Demo permits and site permits have already been approved. Construction plans are available. This property sits just 400 ft from the waterfront and is adjacent to the last undeveloped 10 acre hotel pad in the harbor. In addition, a commercial building with 1756 sq. ft. perfect for a restaurant or office space is included.

Price:$$12,000,000
Address:6440 Maloney Avenue
City:Stock Island
State:Florida
Zip Code:33040
Subdivision:Maloney Sub (5.0)
MLS:601186
Year Built:1953
Square Feet:9,418
appliancesOther:YES
area:05 - Stock Island to Shark Key
asIsRghtToInspct:yes
associationInfo1stRightOfRefusal:no
associationInfoHOA:no
bankOwned:no
businessName:not included
construction:Other
dockage:None
feeIncludes:None
femaList:no
financialStatusBankOwned:no
financialStatusPotentialShortSale:no
floodZone:AE
forSaleLease:For Sale
interiorFeatures:Other
keyIsland:Stock Island
landSize:1 Less Than 2 Acres
legal:STOCK ISLAND MALONEY SUB SUBDIVISION PB 1-55 PT SQR 55 OR193-264/265 OR486-1003/05/E OR538-900D/C OR687-334/E OR687-834/
licenseInfoNumOfCountyLicense:27
lotSize:175x249
lotSqft:83750
mileMarker:5
miscellaneous:High Traffc Location, High Visibility
netLeasableArea:8184
numStories:1
offShoreIsland:no
offStreetParking:yes
parcelNum:00127270-000000
potentialShortSale:no
propertyRights:Other/See Remarks, Transient License
side:Ocean
sqftSource:Property Data Card
style:Residential Income
taxYear:2021
taxes:28415
totalNumBuildings:2
totalUnits:27
type2:Apartment 3 or more,Hotel/Motel,Mobile Home Park,Other Comrcl Style,Restaurant,Retail
utilities:Buyer to Verify
vehicleStorage:Common Parking, Guest Parking, Off Street Parking
waterfront:no
waterfrontType:None
waterview:No Waterview
yearEstablished:2007-12-31
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