6440 Maloney Avenue

Stock Island, FL 33040 / Maloney Sub (5.0)

MLS ID# 608596 Active
Commercial

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$8,950,000

1.92 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details

Description

Opportunity to develop 27 transient single family units. Situated on 1.92 acres with two parcels at the corner of 4th Ave. & Maloney Ave, on Stock Island, just over the bridge from Key West, this property boasts 575' of frontage on 4th Ave and is site plan approved for 27 single-family homes totaling 38,880 sq. ft. Plans envision a gated community licensed for daily vacation rentals, with the combined parcels comprising 83,750 sq. ft. This project on Stock Island has site permits approved. Positioned just 400 ft from the waterfront, this opportunity includes a commercial building perfect for a convenience store, restaurant, or office space. Don't miss out on capitalizing on Key West's thriving vacation rental market! Opportunity to develop 27 transient single family units. Situated on 1.92 acres with two parcels at the corner of 4th Ave. & Maloney Ave, on Stock Island, just over the bridge from Key West, this property boasts 575' of frontage on 4th Ave and is si... show more

Location, Tax & Legal

• Street # 6440
• Street Name Maloney
• Street Suffix Avenue
• Key/Island Stock Island
• City Stock Island
• State/Province FL
• Zip Code 33040
• Off Shore Island No
• Subdivision Maloney Sub (5.0)
• Mile Marker 5
• County Monroe
• Area 05 - Stock Island to Shark Key
• Marathon Neighborhood N/A
• Side Median
• Flood Zone AE,AE
• Alternate Key # 1160296
• Parcel # 00126060-000000
• Zoning MU - Mixed Use District
• Legal STOCK ISLAND MALONEY SUB SUBDIVISION PT1-55 LOTS 1 & 50 SQR 46 OR641-265 OR2341-255D/C OR2341-259/261
• Taxes 14485.54
• Tax Year 2023

General Property Description

• Realtor.COM Type Commercial
• Style Commercial
• Lot Size 175x249
• Lot SqFt 83750
• Waterfront No
• Control Depth 0
• Total # Buildings 2
• Building SqFt 2594
• SqFt Source Property Data Card
• Net Leasable Area 1740
• Total Units 27
• Year Built 1974
• Total Bedrooms 0
• Full Baths 0
• Half Baths 0
• Total Baths 0

Details

• License Info

  # of County License:27

• Association Info

  No Mandatory Home Owners Asc, No 1st Right of Refusal

• Type

  Apartment 3 or more, Hotel/Motel, Other Services

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  Other Dockage

• Vehicle Storage

  Common Parking, Guest Parking, Off Street Parking

• Utilities

  Buyer to Verify, FKAA

• Appliances

  No Appliances

• Miscellaneous

  High Traffc Location, High Visibility

• Construction

  Other

• Land Size

  1 Less Than 2 Acres

• Fee Includes

  None

• Show

  Call List Agent

• Financial Status

  No Bank Owned, No Potential Short Sale