$9,499,000
Key West, FL 33040
MLS# R10963178
1 / 10
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
Details
Maps
Contract Information
Comp Sale YN: No
LP/Acre: 122636.73
Listing Date: 2024-02-22
Status: Active
Original List Price: 12450
List Price: $9,499,000
Current Price: $9,499,000
Location and Legal
County Or Parish: Monroe
County Parish Name: Monroe
City Name: Key West
Postal Zip: 33040
Country: United States
Street Number: 7000
Street Name: 5th
Street Suffix: Street
State Or Province: FL
Postal Code: 33040
Subdivision Name: Misc Stock Island (5.0)
Area: 5940 - Other Florida County
Parcel Number: 00123900000000
Zoning: MU
General Property Information
Lot Size Dimensions: approx. 95 acres
LP/SqFt: 2.82
Property Sub Type: Agriculture
Lot Size Acres: 77.46
Lot Size Square Feet: 3374000
Waterfront YN: 1
Direction Faces: South
Office/Member Information
DXORIGMLSID: RML
Short Sale Details
Short Sale Addendum: No
Documents Available
Survey: 1
Current Use
Agricultural: 1
Commercial: 1
Development Status
Raw Land: 1
Location of Property
Agricultural/Residential: 1
Beach Access: 1
Other: 1
Possession
Close Of Escrow: 1
Trees
Mangroves: 1
Utilities
Electricity Available: 1
Water Available: 1
None: 1
Vegetation
Brush: 1
Water View
Ocean: 1
Listing Terms
Cash: 1
Owner Will Carry: 1
Other: 1
Road Frontage Type
Private Road: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Showing Requirements
Call Listing Agent: 1
Acreage Description
10 Or More Acre Lot: 1
Financial Information
Tax Year: 2023
Tax Annual Amount: 52.51
Tax Legal Description: 35 67 25 BAY BOTTOM ADJ TO COW KEY OR429-44 OR470-742 OR566-922 OR785-676 OR2340-42 OR2948-1991
Status Change Information
Major Change Timestamp: 2026-01-18T21:31:49Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-01-18T21:31:49Z
Status Change Date: 2024-02-26
Originating Details
Originating System Key: 20240226182340127341000000
Originating System ID: M00000170
Property Features
Current Use: Agricultural; Commercial
Development Status: Raw Land
Documents Available: Survey
Location of Property: Agricultural/Residential; Beach Access; Other
Possession: Close Of Escrow
Trees: Mangroves
Utilities: Electricity Available; Water Available; None
Vegetation: Brush
Listing Terms: Cash; Owner Will Carry; Other
Road Frontage Type: Private Road
Water Source: Public
Water View: Ocean
Waterfront Features: Ocean Front
Showing Requirements: Call Listing Agent
Acreage Description: 10 Or More Acre Lot
Supplements
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.
Listing Office: Equestrian Sotheby's International Realty Inc.
Last Updated: April - 23 - 2026
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