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.
Lot/land
$1,900,000
6 Palmetto Dr, Key West, FL 33040
--beds
0baths
0.3Acres
Unimproved Land
Built in ----
0.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Generous lot dimensionsExceptional gulf-front homesiteProtected canal dockageExpansive open water accessDirect gulf frontage
- 14 days
- 313
- 9
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ralph Harvey 855-456-4945,
LISTWITHFREEDOM.COM
Source: FLKMLS,MLS#: 621386
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- On waterfront: Yes
Lot
- Size: 0.3 Acres
- Dimensions: 153x154x109x88
- Features: Waterfront
Details
- Parcel number: 00154450000000
- Zoning: IS - Improved Subivision District
Utilities & green energy
- Electric: Electric on Site
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: 9/23/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Listed for sale | $1,900,000 |
Source: | ||
| 8/15/2026 | Listing removed | $1,900,000 |
Source: | ||
| 3/5/2026 | Listed for sale | $1,900,000 |
Source: | ||
| 2/20/2026 | Listing removed | $1,900,000 |
Source: | ||
| 2/6/2026 | Listed for sale | $1,900,000+65.2% |
Source: | ||
| 4/26/2017 | Sold | $1,150,000-7.9% |
Source: | ||
| 2/28/2017 | Listed for sale | $1,249,000+39.6% |
Source: Truman & Co. (KW) #574484 Report a problem | ||
| 11/24/2009 | Listing removed | $895,000 |
Source: Coldwell Banker Schmitt Real Estate Co. #106671 Report a problem | ||
| 11/14/2009 | Listed for sale | $895,000+9.1% |
Source: Coldwell Banker Schmitt Real Estate Co. #106671 Report a problem | ||
| 10/22/2009 | Sold | $820,000-13.7% |
Source: | ||
| 4/25/2006 | Sold | $950,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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




