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    28597 Peg Leg Rd Little Torch Key, FL 33042

    For Sale
    $775,000

    Vacant Land - Little Torch Key, FL

    Days on Market:
    68
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 28597 Peg Leg Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    IS - Improved Subivision District
    APN
    00216780-000000

    Utilities

    Water front features
    Canal Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Barbara Eads Realty, Inc. (305) 853-5982 [email protected]

    Listing agent Barbara Eads (305) 853-5982 License #0414676

    Listing date Sep 29, 2025

    MLS# 616237 Listing URL

    Copyright © 2025 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.

    Overview

    Vacant Land on Canal

    Vacant land on a canal is available, awaiting permit approval. The property has 41.5 points today for a 3809 sq. foot house with a roof top area. Permit number# SFDUP -2025-0096 is for a four-bedroom, four-bathroom house. A builder is available to construct the house for the buyer, with price and terms to be negotiated. Dock and plans are included. The property is ranked for the next quarter to be delivered a permit. The property offers an open water view. Additional permits include House Permit SF-DUP-2025-0111, and Dock Permit R-DOCK-2025-0302. The zoning is IS - Improved Subdivision District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Building Supply Kitchen & Bath Hotel & Motel Electronics Store Travel Agency Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Torch Key
    County
    Monroe
    State
    Florida
    Longitude
    -81.385368
    Latitude
    24.657996

    FAQs

    What type of property is this?
    Land - Vacant land with permits for a four-bedroom house and dock.
    Where is this land located?
    The property is located at 28597 Peg Leg Rd Little Torch Key, FL.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Permit pending for a spacious 3809 sq. ft., four-bedroom, four-bathroom house with rooftop area.; - Includes dock and house plans.; - Enjoy the open water view.
    (305) 853-5982
    Request Owner's contact information
    28597 Peg Leg Rd Little Torch Key, FL 33042
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    Little Torch Key, FL 33042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28597 Peg Leg Rd Little Torch Key, FL 33042
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