Nestled along the serene waterfront, these two picturesque parcels offer an unparalleled opportunity to indulge in the quintessential Florida Keys lifestyle. These two expansive plots of land incl. 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 native 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 about 40 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 1/2 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.Buyer to verify all information and uses.
Lot/land
$9,499,000
7000 5th St, Key West, FL 33040
--beds
--baths
77.46Acres
Unimproved Land
Built in ----
77.46 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautiful beach areasTwo picturesque parcels
- 856 days |
- 438 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Ellen Gvili 305-304-2933,
Ocean Sotheby's International Realty,
Marc Ulanowski 815-861-3559,
Equestrian Sotheby's International Realty
Source: FLKMLS,MLS#: 608897
Originating MLS: Key West Association
Facts & features
Property
Features
- Has view: Yes
- View description: Canal, Ocean, Water
- Water view: Canal,Ocean,Water
- Waterfront features: Oceanfront, Open Water, Waterfront, Water Frontage, Dockage: None
Lot
- Size: 77.46 Acres
- Dimensions: appro x . 95 acres incl bay bottom
- Features: 10 or more Acres, Wooded
- Residential vegetation: Mangrove
Details
- Additional parcels included: 00123910000000
- Parcel number: 00123900000000
- Zoning: MU
- Zoning description: Mixed Use District
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Subdivision: Misc Stock Island (5.0)
HOA
- Has HOA: No
Location
- Region: Key West
Financial & listing details
- Annual tax amount: $52
- Date on market: 2/26/2024
- Listing terms: Seller Finance Psble
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/18/2026 | Price change | $9,499,000-13.6% |
Source: | ||
| 9/6/2025 | Price change | $10,995,000-8.3% |
Source: | ||
| 1/31/2025 | Price change | $11,995,000-3.7% |
Source: | ||
| 2/28/2024 | Price change | $12,450,000+99900% |
Source: | ||
| 2/26/2024 | Price change | $12,450-99.9% |
Source: | ||
| 2/26/2024 | Listed for sale | $12,450,000 |
Source: | ||
Public tax history
Tax history is unavailable.
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
Nearby schools
GreatSchools rating
- 4/10Gerald Adams Elementary SchoolGrades: PK-5Distance: 1.3 mi
- NAAdult/Vocational/Community EducationGrades: Distance: 1.7 mi
- 8/10The College Of The Florida Keys AcademyGrades: 9-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key West
- 33040
- 7000 5th St


