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7000 5th Street

Key West, FL 33040
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SqFt3,374,000

Sqft(Lot)

Nestled along the serene waterfront, these two picturesque parcels offer an unparalleled opportunity to indulge in the quintessential Florida Keys lifestyle. Boasting breathtaking panoramic views of the glistening waters, these two expansive plots of land / bay bottom present the perfect canvas for your dream waterfront retreat and /or commercial ventures. The Northern parcel consists of about 1,400 ft. of pristine shoreline, providing ample space for waterfront activities such as swimming, fishing, kayaking, and paddleboarding with deep water on one side and shallow bay bottom on the other side. Spanning 2.03 acres of Mixed Use upland and a total of 45 acres, including bay bottom. Potential uses on the Northern parcel could be Commercial retail, restaurant uses, or any combination there t hereof, imagine a floating restaurant, small marina, Commercial recreation uses including amusement or sea life park, opening doors to community-centric projects that serve the needs of locals and visitors alike. The off shore island along the channel offers great camp sites. With Mixed Use zoning in place, commercial fishing docks are permitted, providing an excellent opportunity for entrepreneurs in the fishing industry to establish a thriving business. The Southern parcel consists of 50 acres of mangrove forest, beach berms, hammocks, and trails with approx. 6 acres of upland. So many possibilities. Build your own Equestrian Estate, ''The Southernmost stables''. This property would be an excellent place to host large events like concerts, weddings, farm to table / wine tastings, or possibly therapeutic programs or retreats. Beautiful beach areas. Easy to get to, as the island has access to the mainland via a ½ mile land bridge. The property is also located next to one of the largest mega yacht marinas and close to two upscale hotels. The Southern parcel of Cow Key can be purchased by itself. See MLS RX-10804772.

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Detail Ic Property Details

Property Type : Land

Price : $9,499,000

AD Id : 74334680

MLS Id : R10963178

Lot Size : 3,374,000 Sqft(Lot)

County : Monroe

Subdivision: Perigon Point

  • Map Map

Map

Feature Features

  • Heating & Cooling

    Water front: 1

  • Lot Information

    Main Square Feet: 3374000 Lot Size Acres: 77.4564 Lot Size Square Feet: 3,374,000

    Property Information

    Subdivision: Misc Stock Island (5.0) Source Property Type: Land Zoning Description: MU Direction Faces: South

  • Listing Price Information

    Listing Price: $9499000
    Original Price: $12450
    Cash, OwnerMayCarry, OwnerMayCarrySecond

  • Tax Information

    Parcel Number: 00123900000000 Tax Year: 2023 Annual Tax: $52 Tax Legal Desc: 35 67 25 BAY BOTTOM ADJ TO COW KEY OR429-44 OR470-742 OR566-922 OR785-676 OR2340-42 OR2948-1991

  • Utility Information

    ElectricityAvailable, None, WaterAvailable
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7200 5th Street, Key West, FL, 33040 $6,499,000 -- -- -- 2,371,316 Sqft(Lot)
6810 Front Street, Key West, FL, 33040 $375,000 -- -- -- 104,108 Sqft(Lot)
416 Applerouth Lane, Key West, FL, 33040 $1,095,000 -- -- -- 2,388 Sqft(Lot)
906 Williams Alley, Key West, FL, 33040 $575,000 -- -- -- 3,685 Sqft(Lot)

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ByOwner last updated this listing 06/12/2026 @ 16:07

MLS: R10963178 LISTED BY: Marc Ulanowski, Equestrian Sotheby's International Realty Inc. 561-771-2626 SOURCE: SEFMIAMI

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