$1,875,000
59740 OVERSEAS Highway
Grassy Key, FL 33050
MLS# 574251



59740 OVERSEAS Highway, Grassy Key, FL 33050
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59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050 59740 OVERSEAS Highway, Grassy Key, FL 33050

Property Description
Attention Developers, Marina seekers, and gas station/convenience store owners, Zoned Mixed Use and currently approved for a 2400 sf convenience store with 6 station fuel dispensers. Development Agreement in place with adjoining parcel for a proposed 14 unit single family development with HOA and amenities.This property consists of approx. 39k sf along with a new seawall, boat ramp, and 587' dock

Details
Maps
Contract Information
Current Price: 1875000
Listing Board: Marathon/Lower Keys
List Price: 1875000
Limitd Reprsntation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 59740
Street Name: OVERSEAS
Street Suffix: Highway
Key/Island: Grassy Key
State/Province: FL
Zip Code: 33050
Off Shore Island: No
Subdivision: J. G. Estates (59.5)
Mile Marker: 59.5
County: Monroe
Area: 19 - Crawl Key & Grassy Key
Side: Bay/Gulf
Flood Zone: AE and VE
Alternate Key #: 1116939
Add'l Parcel #1: 00100110-000400
Parcel #: 00100110-000400
Zoning: MU - Mixed Use Commercial Mixed Use
Legal: 20 65 34 GRASSY KEY PT LOT 5 and 20 65 34 GRASSY KEY PT LOT 5 (.3494 AC)
Taxes: 8964.63
Tax Year: 2016
General Property Description
Realtor.COM Type: Commercial
Property Sub Type: Commercial
Lot SqFt: 39602
Waterfront: Yes
Control Depth: 4
SqFt Source: Property Data Card
Remarks & Misc
Directions: From US1 it's the oceanside of Grassy Key just off the Highway where the old Jo Jo's bar and coconut palmas gas station
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
Dockage
Dock: Other
Dock Length: 587
Seawall: Concrete
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Deed Restrictions: No
Type: Gas Station; Marina; Other Services
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: Boat Ramp
Utilities: FKAA; Separate Meters
Appliances: No Appliances
Construction: Other Construction
Land Size: More than 1 Lot
Fee Includes: None
Terms: Seller Finance Psble
Title: Title Ins - Buyer
Property Rights: Tranfrble Dev Right
Supplements
w/ extra-large concrete pilings. Superior Construction. Dock plans also available upon request. Development Agreement provides income from adjoining parcel for dock usage of approx.. $75k per year. Bay bottom is leased through DEP and copies of lease and paid invoice are available. Site plan is available upon request for this and the adjoining parcel which can be redeveloped separately. Approx.$5.4M for the entire package. Currently no other gas stations or convenience stores in all of Grassy Key so this is a great opportunity to provide services to Grassy Key, Duck Key, Conch Key, Coral Key, Layton, and Long Key, all within a few minutes of site. All prior buildings have been demolished so site is ready to go with development agreement and building rights in place you could start construction right away. Many possibilities here, call agent for details and info package.

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: April - 19 - 2017

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.

Monday 1st of May 2017 06:14 AM