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$ 9,499,000
Est. payment /mo
Active
7000 5th ST Key West, FL 33040
77.46 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Misc Stock Island (5.0)
MLS Listing ID R10963178
HOA Y/N No
Annual Tax Amount $52
Tax Year 2023
Lot Size 77.456 Acres
Acres 77.4564
Property Description
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 thereof, 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.
Location
State FL
County Monroe
Community Misc Stock Island (5.0)
Area 5940 Florida Other
Exterior
Utilities Available Electricity Available, None, Water Available
View Y/N Yes
View Ocean
Private Pool Yes
Building
Faces South
Water Public
Others
Senior Community No
Tax ID 00123900000000
Acceptable Financing Cash, Owner May Carry, Owner May CarrySecond
Listing Terms Cash, Owner May Carry, Owner May CarrySecond
Virtual Tour https://www.propertypanorama.com/7000-5th-Street-Key-West-FL-33040/unbranded
Listed by Equestrian Sotheby's International Realty Inc.