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Investment Highlights

  • 3.41-acre assemblage comprised of eight adjacent lots on Thornton Key.
  • Direct boating access to Lemon Bay, Intracoastal Waterway, and Gulf of Mexico.
  • Near Rum Bay Restaurant and mainland marinas for convenient dining and docking.
  • Bridgeless barrier island location offering unmatched seclusion and exclusivity.
  • Opportunity for multiple custom residences, private docks, and boat lifts.
  • Seller financing available for qualified buyers.

Executive Summary

Thornton Key Island Development Opportunity.
Thornton Key near Stump Pass is a true bridgeless barrier island on Florida’s Gulf Coast, with a rare 8-lot, 3.41-acre waterfront assemblage that includes five buildable lots and offers multiple paths for value creation, including waterfront development, a limited private enclave, shared-ownership retreat, or strategic long-term hold.
The assemblage supports the vision of multiple custom residences, private dock planning, boat lifts, and a low-density island concept positioned around boating, privacy, and Gulf Coast waterfront lifestyle.
BBI zoning now permits noncommercial docks as a principal use, adding meaningful waterfront utility for development planning and future owner use. With direct boating access to the Intracoastal Waterway, Lemon Bay, Stump Pass, Boca Grande Pass, and the Gulf, the property is well positioned for buyers seeking a rare island opportunity with strong boating appeal.
Located directly across the channel from Rum Bay Restaurant and close to mainland marinas, dining, parking, and slip options, Thornton Key combines island seclusion with practical access to mainland services. Arrival is by boat only, preserving the quiet, low-density character of the Bridgeless Barrier Islands.
Gulf sunset views, natural island surroundings, world-class fishing access, and flexibility for personal use, shared ownership, boutique resale, or a unique rental concept when not personally occupied create a development opportunity in a great Gulf Coast vacation area.
Seller financing is available for qualified buyers with a meaningful down payment.

Property Facts

Price $900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Single Family Development
  • Single Family Residence
Total Lot Size 3.41 AC
Zoning BBI - Bridgeless Barrier Island

1 Lot Available

Lot

Price $900,000
Price Per AC $263,929.62
Lot Size 3.41 AC

Rare 3.41-acre bridgeless barrier island assemblage with eight lots, five buildable, positioned for boutique waterfront development, private dock planning, or strategic waterfront hold.

Description

The subject property comprises an 8-lot assemblage totaling 3.41 acres on Thornton Key, a bridgeless barrier island along Florida’s Gulf Coast. Access is exclusively by boat, and the site offers waterfront exposure with connections to Lemon Bay and nearby Gulf access points including Stump Pass and Boca Grande Pass. The location is situated across from Rum Bay Restaurant and is in proximity to marinas and dining options on the mainland. The property supports development flexibility including residential uses and associated docks.

Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
412031201007
Land Assessment
$55,616
Improvements Assessment
$0
Total Assessment
$55,616
  • Listing ID: 41030045

  • Date on Market: 6/23/2026

  • Last Updated:

  • Address: 10049 Hel-Lew Ct, Placida, FL 33946

Contact the Sale Advisor

10049 Hel-Lew Ct

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