Waterfront Land: Commercial, Recreation
7000 5th Street Key West, FL 33040
For Sale
$9,499,000
COMMERCIAL - Key West, FL
Lot Size77.46 Acres
Days on Market882
Property Features for 7000 5th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- MU
- Vegetation
- Brush
- Standard status
- Active
- APN
- 00123900000000
- Lot size
- 77.46 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- 35 67 25 BAY BOTTOM ADJ TO COW KEY OR429-44 OR470-742 OR566-922 OR785-676 OR2340-42 OR2948-1991
- Tax Annual Amount
- 53
Utilities
- Utilities
- Water Available
- Water source
- Public
- Water front
- 1
Listing Agency:
Equestrian Sotheby's International Realty Inc.
(561) 771-2626
Listed By:
Marc Ulanowski · License #3251327
(815) 861-3559
Added: Feb 22, 2024
Changed: Apr 9
Last Checked: Jul 23 at 2:06PM
MLS# R10963178
Copyright © 2026 BeachesMLS. 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.
These two waterfront parcels offer an opportunity for the Florida Keys lifestyle. The plots provide views of the water and present a canvas for waterfront ventures. The northern parcel features approximately 1,400 feet of shoreline, suitable for activities like swimming, fishing, kayaking, and paddleboarding, with deep water on one side and shallow bay bottom on the other. It spans 2.03 acres of mixed-use upland and a total of 45 acres, including bay bottom. Potential uses on the northern parcel include commercial retail, restaurant uses, a floating restaurant, a small marina, and commercial recreation uses such as an amusement or sea life park. With mixed-use zoning, commercial fishing docks are permitted. The offshore island along the channel offers campsites. The southern parcel consists of 50 acres of mangrove forest, beach berms, hammocks, and trails with approximately 6 acres of upland. This property could host large events like concerts, weddings, farm-to-table or wine tastings, or therapeutic programs or retreats. It features beach areas and access to the mainland via a 1/2-mile land bridge. The property is located next to a mega yacht marina and close to two hotels. The combined lot size is 77.46 acres.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Island Farm
Food Processing Plant
FAQs
What type of property is this?
Waterfront Land - Two waterfront parcels with mixed-use zoning, offering commercial and recreational opportunities.
Where is this waterfront land located?
The property is located at 7000 5th Street Key West, FL.
What is the asking price?
The asking price for this property is $9,499,000.
What are key features of this property?
This property features: 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.
