Commercial

Key West, FL Commercial Land for Sale

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Stock Island, FL Sugarloaf Key, FL Cudjoe Key, FL
Waterfront Land: Commercial, Recreation Potential
Updated: Feb 22, 2024
Waterfront Land: Commercial, Recreation Potential

7000 5th Street, Key West, FL 33040

$9,499,000
77.46 AC lot
Two expansive waterfront parcels totaling 47.03 acres offering diverse development opportunities.
Northern parcel features approximately 1,400 ft of pristine shoreline suitable for waterfront activities.
Mixed‑Use zoning on the Northern parcel allows for commercial retail, restaurants, marinas, commercial fishing docks, and recreational uses.
Southern parcel ideal for an equestrian estate, event venue, or therapeutic retreat with beach areas.
Easy access to the island via a 1/2 mile land bridge.
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Waterfront Mixed-Use Land Parcels
Updated: Mar 1, 2024
Waterfront Mixed-Use Land Parcels

7000 5th Street, Key West, FL 33040

$9,499,000
45.00 AC lot
Two waterfront land parcels with mixed‑use zoning and shoreline access for marine, retail, and recreation concepts
Northern parcel: about 1,400 ft of shoreline; 2.03 acres mixed‑use upland and 45 acres total including bay bottom
Northern parcel offers deep water on one side and shallow bay bottom on the other, with waterfront activities like fishing and kayaking
Northern parcel: mixed‑use zoning allows commercial fishing docks
Southern parcel: 50 acres mangrove forest with beach berms, hammocks, and trails, plus approx. 6 acres of upland
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Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 2 Active listings in Key West, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Development Land
Mixed-Use Development Land

5331 5th Avenue, Stock Island, FL 33040

$2,150,000
5,705 sqft 0.69 AC lot

Four-parcel site in MU zoning with multiple electric and water meters for redevelopment in Stock Island, FL.

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Mixed-Use Development Land
Mixed-Use Development Land

5331 5th Avenue, Stock Island, FL 33040

$2,150,000
0.69 AC lot

Four-parcel mixed-use site with multiple electric and water meters, positioned for flexible development planning.

View details
Vacant Land in Sugarloaf Key
Vacant Land in Sugarloaf Key

ACOSTA TRAIL, Sugarloaf Key, FL 33042

$100,000
1.01 AC lot

1.01-acre vacant land parcel in the Lower Florida Keys.

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Vacant Land in Sugarloaf Key
Vacant Land in Sugarloaf Key

MIRA ROAD, Sugarloaf Key, FL 33042

$100,000
1.01 AC lot

1.01-acre vacant land parcel in Upper Sugarloaf Key, Florida.

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Off-Market Properties in Key West, FL

Consider similar Off-Market properties in Key West, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

921 Windsor Ln
VACANT COMMERCIAL LAND

921 Windsor Ln, Key West, FL 33040-6455

$3,585,000
Estimated value
0.07 AC lot
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Overseas Hwy
VACANT COMMERCIAL LAND

Overseas Hwy, Key West, FL 33040

Value Estimation by Request
0.17 AC lot
View details
Overseas Hwy
VACANT COMMERCIAL LAND

Overseas Hwy, Key West, FL 33040

Value Estimation by Request
0.29 AC lot
View details
3184 Overseas Hwy
VACANT COMMERCIAL LAND

3184 Overseas Hwy, Key West, FL 33040-6124

$975,000
Estimated value
1,562 sqft 0.33 AC lot
View details
9 Cir Dr
VACANT COMMERCIAL LAND

9 Cir Dr, Key West, FL 33040-6106

Value Estimation by Request
0.35 AC lot
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Suncrest Rd
VACANT COMMERCIAL LAND

Suncrest Rd, Key West, FL 33040

Value Estimation by Request
0.27 AC lot
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717 Duval St
VACANT COMMERCIAL LAND

717 Duval St, Key West, FL 33040-7403

Value Estimation by Request
1,352 sqft 0.04 AC lot
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Carsten Ln
VACANT COMMERCIAL LAND

Carsten Ln, Key West, FL 33040

$1,310,000
Estimated value
8,370 sqft 0.14 AC lot
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800 Blk Carsten Ln
VACANT COMMERCIAL LAND

800 Blk Carsten Ln, Key West, FL 33040

$2,860,000
Estimated value
18,598 sqft 0.08 AC lot
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800 Blk Carsten Ln
VACANT COMMERCIAL LAND

800 Blk Carsten Ln, Key West, FL 33040

Value Estimation by Request
0.05 AC lot
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400 Blk Margaret St
VACANT COMMERCIAL LAND

400 Blk Margaret St, Key West, FL 33040

$895,000
Estimated value
5,532 sqft 0.09 AC lot
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400 Blk Margaret St
VACANT COMMERCIAL LAND

400 Blk Margaret St, Key West, FL 33040

$535,000
Estimated value
3,104 sqft 0.09 AC lot
View details
800 Blk Carsten Ln
VACANT COMMERCIAL LAND

800 Blk Carsten Ln, Key West, FL 33040

Value Estimation by Request
2,456 sqft 0.08 AC lot
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5510 Overseas Hwy
VACANT COMMERCIAL LAND

5510 Overseas Hwy, Key West, FL 33040

Value Estimation by Request
3.22 AC lot
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5970 Peninsular Ave
VACANT COMMERCIAL LAND

5970 Peninsular Ave, Key West, FL 33040-6012

$1,490,000
Estimated value
9,600 sqft 0.96 AC lot
View details
2834 Roosevelt Blvd
VACANT COMMERCIAL LAND

2834 Roosevelt Blvd, Key West, FL 33040-4072

Value Estimation by Request
0.21 AC lot
View details
101 Overseas Hwy
VACANT COMMERCIAL LAND

101 Overseas Hwy, Key West, FL 33040-5475

Value Estimation by Request
1.86 AC lot
View details
Overseas Hwy
VACANT COMMERCIAL LAND

Overseas Hwy, Key West, FL 33040

Value Estimation by Request
0.15 AC lot
View details
Overseas Hwy
VACANT COMMERCIAL LAND

Overseas Hwy, Key West, FL 33040

Value Estimation by Request
0.17 AC lot
View details
700 Waddell Ave
VACANT COMMERCIAL LAND

700 Waddell Ave, Key West, FL 33040-4729

Value Estimation by Request
0.06 AC lot
View details
1107 Simonton St
VACANT COMMERCIAL LAND

1107 Simonton St, Key West, FL 33040-3109

Value Estimation by Request
0.08 AC lot
View details
700 Seminole St
VACANT COMMERCIAL LAND

700 Seminole St, Key West, FL 33040-4715

Value Estimation by Request
0.07 AC lot
View details

Key West, FL Commercial Land Market Trends and Statistics

Explore 35 commercial land for sale in Key West, FL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $18,998,000.

Sale prices for commercial lots in Key West, FL start at $9,499,000, averaging $9,499,000, and reaching up to $9,499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Waterfront Land 15
Residential land & home lots 7
Recreation land 4
Commercial land 3

Demographics Overview

Population 36K
Population Growth (5Y) +3.8%
Median Household Income $79,038
College Educated 17.6%

High-Yield Neighborhoods for Investment

Identify Key West submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33040 $8.3M

Taxes & Financing

Tax Rate (average for all types) 0.71%
Property Tax per SF $10.90 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Retail

Residential Income

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