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Canal-Front Vacant Land with Permits

28587 Peg Leg Road Little Torch Key, FL 33042

28587 Peg Leg Road, Little Torch Key, FL, 33042
$595,000
For Sale
Claim this Listing
$595,000

LAND - Little Torch Key, FL

Lot Size0.14 Acres
AddedJul 1
Days on Market16
Last RefreshJul 16 at 7:06 am

Property Features for 28587 Peg Leg Road

General Information

Property type
Land
Property subtype
Other
Zoning
IS - Improved Subivision
Standard status
Active
APN
00216770-000000
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
BK 12 LT 11 JOLLY ROGER ESTATES LITTLE TORCH KEY PB5-34 OR529-978 OR594-232 OR2655-1426 OR3315-1107
Tax Annual Amount
889

Utilities

Water front
1

Listing agent Claudette Mell License #3015412

Listing office Ocean Sotheby's International Realty 81888 Overseas Hwy, Islamorada, FL

Listing date Jul 1, 2026

MLS# 620488 Listing URL

Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This canal-front vacant land parcel is offered for sale with an active building permit process already underway. The property is zoned IS - Improved Subivision and totals 0.14 acres. A permit is in process under Permit #SFDUP-2025-0096, with 41.5 ROGO points being held as part of the approval. Plans are drawn for a 3,497-square-foot, four-bedroom, three-bathroom residence that includes a rooftop terrace designed to capture open ocean views. Dock and full architectural plans are also included, providing a complete framework for the build.

The property is located on Little Torch Key, approximately 28 miles from Key West. Public remarks indicate quick, no-bridge access to open water.

For buyers looking to purchase a waterfront homesite and move forward on their own schedule, the combination of a permit already in process, held ROGO points, and included architectural and dock plans can reduce early-stage development lead time. A local builder is ready to construct the home to the buyer’s specifications, with price and terms to be negotiated.

Key Highlights

  • Canal‑front vacant land on Little Torch Key with a building permit in process (Permit #SFDUP‑2025‑0096)
  • Permit holds 41.5 ROGO points
  • Plans drawn for a 3,497 SF, 4‑bedroom, 3‑bath residence with a rooftop terrace

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

Kitchen & Bath Showroom Building Supply Law Firm Spa & Massage Center Restaurant Travel Agency Bed & Breakfast Electronics & Wireless Store Restaurant Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Waterfront Land - Vacant waterfront lot with a building permit in process and complete dock and residential architectural plans included.
Where is this waterfront land located?
The property is located at 28587 Peg Leg Road Little Torch Key, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Canal‑front vacant land on Little Torch Key with a building permit in process (Permit #SFDUP‑2025‑0096); Permit holds 41.5 ROGO points; Plans drawn for a 3,497 SF, 4‑bedroom, 3‑bath residence with a rooftop terrace
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