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7000 5th Street, Key West, FL 33040

$10,995,000
Property Type: Land/Docks Status: Active
Current Price: $10,995,000 Last Modified: 9/10/2025

Description

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 there

Supplements: 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 RX-10804772.

More Information MLS# RX-10963178

Contract Information

Auction: No Listing Date: 2024-02-22 Status: Active Original List Price: 12450 List Price: $10,995,000 Current Price: $10,995,000

General Property Description

Lot Dimensions: approx. 95 acres Waterfront: Yes Homeowners Assoc: None Front Exp: South Type: Agricultural Lot SqFt: 3374000 Subdivision: Misc Stock Island (5.0)

Location, Tax & Legal

Geo Area: PB07 Country: United States State/Province: FL Short Sale: No Tax Year: 2023 Zoning: MU Short Sale A/U: N/A Short Sale Addendum: No Taxes: 52.51 Special Assessment: No REO: No Area: 5940 County: Monroe Parcel ID: 00123900000000 Street #: 7000 Street Name: 5th Street Suffix: Street Zip Code: 33040 Legal Desc: 35 67 25 BAY BOTTOM ADJ TO COW KEY OR429-44 OR470-742 OR566-922 OR785-676 OR2340-42 OR2948-1991 Geo Lat: 24.562484 Geo Lon: -81.742979

Office/Member Info

DXORIGMLNO: RX-10963178 DXORIGMLSID: RML

Location

Agricultural Residen: 1 Beach Area: 1 Other: 1

Avail Docs

Survey: 1

Land Use

Agricultural: 1 Boat Dock: 1 Commercial: 1

View

Ocean: 1

Waterfront Details

Oceanfront: 1

Lot Description

50+ Acres: 1

Develop Status

Undeveloped: 1

Improvements

None: 1

Utilities Avail

Electric: 1 Public Water: 1 Trash Removal: 1

Utilities On Site

None: 1

Ground Cover

Brush: 1

Roads

Private Road: 1

Trees

Mangrove: 1

Terms Considered

Cash: 1 Owner: 1 Other: 1

Possession

At Closing: 1

Property Features

Land Use: Agricultural; Boat Dock; Commercial Location: Agricultural Residen; Beach Area; Other Lot Description: 50+ Acres Develop Status: Undeveloped Improvements: None Utilities Avail: Electric; Public Water; Trash Removal Utilities On Site: None Waterfront Details: Oceanfront View: Ocean Ground Cover: Brush Roads: Private Road Avail Docs: Survey Trees: Mangrove Terms Considered: Cash; Owner; Other Possession: At Closing
Listing Office: Equestrian Sotheby's International Realty Inc.
Last Updated: September - 10 - 2025
7000 5th Street, Key West, FL 33040- MLS# RX-10963178
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.