Sold Aug 11, 2026
$5,150,000About this home
Single family residential lot or RM-15 (up to 7 units), 5 units without council approval, over 5 units needs site plan approval (6-8 months minimum or up to 1 year). 35' maximum height, 7' side setbacks. New submerged land lease with State of FL for 6 docks. Lease gets renewed every 5 years. Seller awaiting final letter for this 5 year approval. We have approval letter in hand, happy to share. Vacant land, easy to show. Please confirm school boundaries, school information not guaranteed. NEW INFORMATION -DEP SEAGRASS EXEMPTION FOR NEW DOCK, DERELICT BOAT REMOVAL NOT A BUYER RESPONSIBILITY, DOCK PERMIT APPLIED FOR W/6 SLIPS, IF YOU DOWNSIZE DENSITY, DOCK TO ONLY ACCOMMODATE NUMBER OF UNITS
Listing last checked: Listing updated:
Listed by John F O'Mahony · Illustrated Properties · MLS #R11052673
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities5 property facts
- Lot size
- 0.48 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- RMH-15
Financial2 property facts
- Annual taxes
- $55,372
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $5,695,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$33,411 / monthAdjust
- Principal & interest
- $28,797
- Property tax
- $4,614
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $55,372. 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.
More property insights
Comparable properties 1 supplied
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About 2715 Lake Drive
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