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Investment Highlights

  • Build your own Equestrian Retreat with a home that could have a maximum footprint 12,748 sq. ft and up two 2 stories over parking plus a Marina

Executive Summary

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 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.

Property Facts

Price $9,499,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Marina
  • Single Family Development
  • Agricultural
  • Single Family Residence
Total Lot Size 50.00 AC
Zoning CD - Native Area, Bay bottom, Mixed used

1 Lot Available

Lot #608897

Price $9,499,000
Price Per AC $189,980.00
Lot Size 50.00 AC

Two parcels for sale! The Northern parcel consists of about 1,400 ft. of pristine shoreline. The Southern parcel consists of 50 acres of mangrove forest, beach berms, hammocks, and trails with approx. 6 acres of upland.

Description

500 k price reduction! 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 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 #601994. Contact us for a private showing

Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
00123900-000000
Land Assessment
$6,205
Improvements Assessment
$0
Total Assessment
$6,205
  • Listing ID: 33599397

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 7000 5th St, Key West, FL 33040

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