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Land for Sale in Key West, Florida

7000 5th St, Key West, FL 33040

$9,499,000
77.5 acres
Active sale
Est $64,039/mo

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 1/2 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

Street address
7000 5th St
Community
Misc Stock Island (5.0)
Elevation
4 feet
Coordinates
24.5625, -81.743

Property details

Acreage
77.46 acres
Zoning
MU
MLS #
RMLS R10963178
Posted

Property taxes

2023
$53

Parcels

  • 00123900000000

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
Sotheby's International Realty

Lot

Vegetation
Brush
View
Ocean
Waterfront
Yes

Structure

Water
Public

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Apr 23, 2026New listing$9,499,000RMLS
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This 77.46-acre property is located at 7000 5th St in Key West, FL 33040. The property is available for sale for $9,499,000 with a price per acre of $122,631.

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