About this home
RARE OPPORTUNITY FOR INVESTORS & DEVELOPERS: 4 property package; 201, 211, 225, 235 E Ocean Ave totally cleared and grassed ready for its new owners. These are 4 combined parcels physically and are ready for sale. Located steps away from the intercostal and directly across the bridge from the beach. Located next to the famous Old Key Lime House. This would be an incredible parcel for a boutique hotel, or strip of retail stores, condos, or rentals. Total acres: 1.2607. Town Approval required, please call for more details
Listing last checked: Listing updated:
Listed by Gray Welton · Nicklaus Vance · MLS #B26060893
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Details at a glance
Building1 property facts
- Style
- Hotel/Motel
Land & utilities4 property facts
- Lot size
- 1.26 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- C1(cit
Financial2 property facts
- Annual taxes
- $11,575
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $7,000,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$36,360 / monthAdjust
- Principal & interest
- $35,396
- Property tax
- $965
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $11,575. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$7,000,000 · Jul 31, 2025
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About 201 E Ocean Avenue
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