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Lot/land
  • $1,900,000

    6 Palmetto Dr, Key West, FL 33040

    --beds
    --baths
    0.3Acres
    Unimproved Land
    Built in ----
    0.3 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Generous lot dimensionsProtected canal dockageExpansive open water accessDirect gulf frontage
    Rare opportunity to own one of the only waterfront lots currently available in the Key West area -- and one of just a handful offering true canal and Gulf frontage with immediate boating access.This exceptional Gulf-front homesite offers the best of both worlds: protected canal dockage plus expansive open water access. Enjoy direct Gulf frontage, beautiful open water and bay views, and the ability to keep your boat at your own property. The lot includes a boat hoist and a grandfathered small boat launch, making it a dream setup for serious boaters and water enthusiasts.With generous lot dimensions, there is ample space to build a substantial custom residence with room for a pool and two-car garage. (Builder to verify maximum buildable square footage.) Imagine designing your ideal island retreat with sweeping water views and seamless indoor-outdoor living.The property is accessed through an electric gate, offering added privacy and exclusivity.In a market with extremely limited waterfront inventory -- currently only a few comparable vacant lots in the broader Key West area -- this homesite stands out for its combination of Gulf frontage, boating amenities, privacy, and build potential.
    134 days
    |
    294
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ralph Harvey 855-456-4945,

    LISTWITHFREEDOM.COM

    Source: FLKMLS,MLS#: 618935MLS LogoOriginating MLS: Florida Keys

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Canal, Bay, Ocean, Water
      • Water view: Canal,Bay,Ocean,Water
      • Waterfront features: Oceanfront, Open Water, Canal Front, Gulf Front, Waterfront, Water Frontage, Dock: Wood, Dockage: Boat Lift
      Lot
      • Size: 0.3 Acres
      • Dimensions: 153 x 154 x 109 x 88
      Details
      • Parcel number: 00154450000000
      • Zoning: IS
      • Zoning description: Improved Subivision District

      Utilities & green energy

      • Utilities for property: Electricity Connected, Sewer Connected

      Community & HOA

      Community
      • Subdivision: Similar Sound Sub (10.0)
      HOA
      • Has HOA: No
      Location
      • Region: Key West

      Financial & listing details

      • Tax assessed value: $1,003,901
      • Annual tax amount: $7,979
      • Date on market: 3/5/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,607/mo

        Price history

        DateEventPrice
        3/5/2026Listed for sale$1,900,000
        Source: Key West AOR #618935 Report a problem
        2/20/2026Listing removed$1,900,000
        Source: Key West AOR #618509 Report a problem
        2/6/2026Listed for sale$1,900,000+65.2%
        Source: Key West AOR #618509 Report a problem
        4/26/2017Sold$1,150,000-7.9%
        Source: FLKMLS #574484 Report a problem
        2/28/2017Listed for sale$1,249,000+39.6%
        Source: Truman & Co. (KW) #574484 Report a problem
        11/24/2009Listing removed$895,000
        Source: Coldwell Banker Schmitt Real Estate Co. #106671 Report a problem
        11/14/2009Listed for sale$895,000+9.1%
        Source: Coldwell Banker Schmitt Real Estate Co. #106671 Report a problem
        10/22/2009Sold$820,000-13.7%
        Source: FLKMLS #109517 Report a problem
        4/25/2006Sold$950,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,980 +8.6%$833,973 +10%
        2024$7,346 +9.5%$758,157 +10%
        2023$6,710 +20.1%$689,234 +10%
        2022$5,589 -2.2%$626,576 +5%
        2021$5,714 -18.5%$596,733 -13.2%
        2020$7,015 $687,390 -0.5%
        2019$7,015 -0.8%$690,856 +0.3%
        2018$7,072 -2.3%$688,881 +12.6%
        2017$7,238 +17.4%$611,946 +14.9%
        2016$6,167 +7.5%$532,476 +1.7%
        2015$5,738 $523,830
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33040

        Getting around

        15 / 100
        Car-Dependent
        19 / 100
        Minimal Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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