Address: 5645 Macdonald Avenue, Stock Island, FL 33040
Description
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!
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
Building and Construction
Buildingpermit: Other Permit
Property Information
Property Group Id: 19990816212131825981000000
Property Rights: Tranfrble Dev Right, Transfer Bldg Rights
Land Information
Lot Dimensions: 50 x 125
Eco-Communities
Off Shore Island: No
Water View: No Waterview
Wtr Mn Inquiry File: No
Utilities
Existing Utilities: Electric on Site, Water Meter, Water Line
Security: Electric Gate
Finance and Tax Information
Tax Year: 2024
Other Features
Alternate Key Num: 1158593
Assocmisc Info 1st Right Of Refusal: No
Assocmisc Info Mandatory Home Owners Asc: No
Deed Restrictions: No
Dockage: None
Flood Zone: AE
Legal Description: BK 31 LT 16 STOCK ISLAND MALONEY SUB PB1-55 G54-519 G62-503 OR325-312/313 OR339-293/294 OR416-121DC OR734-730 OR750-868
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