2312 North Roosevelt Blvd. Key West - Deveopment Opportunity!

Just Listed by Preferred Properties - 2312 North Roosevelt Boulevard in Key West, Florida. This nearly 20,000 sq ft lot irregularly shaped rectangle (102' X 194') frontage on US 1 as it makes its way into the Old Town corridor. It is located opposite the Key West Yacht Club.

I dug into my old shoebox and found an aerial photo from the not too distant pass taken by Ty Symroski and Wendy Tucker.  I have added arrows to point out the location of 2312 N. Roosevelt which is shown just opposite the Yacht Club. The small Hilton Haven enclave is located on the backside of the Yacht Club.

2312 N. Roosevelt Blvd. Photo in 1999

The two year long widening and enhancement of  US 1 from its entrance onto the Island of Key West to White Street was completed in 2014. Within the next few months the four hotel renovations at the US1 gateway onto to the island of Key West will be compete. They will join in the renaissance that is transforming North Roosevelt Boulevard as it winds its way alongside the Gulf of Mexico toward Old Town. The black and white photo above was taken back in 1965. It shows nearby 1704 N. Roosevelt Blvd. back in 1964. The old Dairy Freeze is history now. Today there is a modern office building in that location. The vast open area behind it is now the athletic field at the Horace O'Bryant Middle School. Some smart buyer will purchase 2312 N. Roosevelt and give that parcel new life and new purpose. 

I walked this lot while I was taking photos. The width and depth of the space is much larger in person than it appears in these photos.  The 102' ft depth is equal to two large modular homes. The frontage is equal to nearly four modulars. I use the modular concept because most of us are familiar with that size. This is a really big parcel. Consider the possibilities if a new commercial space were built at ground level and completed with multiple residential components on the second floor.

CLICK HERE to view the Key West Association of Realtors mls datasheet on this property. Please call me, Gary Thomas, 305-766-2642, for more information. I am a buyers agent and a full time Realtor at Preferred Properties Key West.