5645 Macdonald Avenue, Stock Island, FL

$950,000

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6,250

Square feet

About 5645 Macdonald Avenue

A rare opportunity to purchase a buildable 50x125 vacant lot that is located directly in the prime commercial corridor of Stock Island. The liberal zoning of Mixed Use (MU) is ideal for redevelopment and allows for many different uses. This lot conveys with (3) three residential unit vested rights and a minimum of 2754 square feet of commercial NROGO building rights that can be either developed on the property or at another location depending on the desired redevelopment plan. These vested rights have been confirmed by the Monroe County Planning Department. In addition, the property is completely fenced with an electric gate and has all utility services available. Opportunities like this are rare and do not come often!

Features of 5645 Macdonald Avenue

MLS® # 610325
Price $950,000
Square Footage 6,250
Type Vacant Land
Status Active

Community Information

Address 5645 Macdonald Avenue
Area 05 - Stock Island to Shark Key
Subdivision Maloney Sub (5.0)
City Stock Island
County Monroe
State FL
Zip Code 33040

Amenities

Utilities Electric on Site, Water Meter, Water Line, Street Lights
View No Waterview
Is Waterfront No
Waterfront None

Exterior

Lot Description Less Than 1/4 Acre

Additional Information

Date Listed June 7th, 2024
Days on Market 35
Zoning MU - Mixed Use District
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentTerry Garcia
OfficeKeller Williams Key West Compass Realty

Listing Map

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