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    Private Island Paradise Ready to Build

    1 Seppala Way Key West, FL 33040

    Claim this Listing
    For Sale
    $25,000,000

    LAND - Key Haven, FL

    Lot size:
    4.00 Acres
    Added:
    Apr 15, 2024
    Days on Market:
    820
    Last Refresh:
    Jul 13 at 7:06 am

    Property Features for 1 Seppala Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    SR - Sub Urban Residentia
    Standard status
    Active
    APN
    00141132-003400
    Lot size
    4.00 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    LOT 34-35-36-37 AND TRACT 3 KEY HAVEN ESTATES PB7-78 OR2762-961/64 OR3038-1782 OR3038-1794
    Tax Annual Amount
    17231

    Utilities

    Water front features
    Beach Front
    Water front
    1

    Listing agent Jenna Stauffer License #3394848

    Listing office Ocean Sotheby's International Realty 1075 Duval Street, 15C, Key West, FL

    Listing date Apr 15, 2024

    MLS# 609597 Listing URL

    Copyright © 2026 Key West Association 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.

    Enchanted Island is a 4-acre private island located 1.5 miles from Key West, accessible via a private highway exit from US 1. Zoned for sub urban residential use, the island permits the construction of up to two homes. Building permits are secured, and the seller has completed engineered architectural plans for a 7,437 SF home. There is also the option of rezoning and securing permits for up to ten homes. The island includes a new 1000A 120/240V power service, underwater sewer and power lines, and AT&T fiber connectivity. The island is elevated 15 feet to meet construction codes. A private ocean reef and partial dredging are present, ideal for potential boat dock installation. The island has a history with helicopter use, hinting at the potential for establishing a heliport. Essential utilities are in place, allowing building to commence without delay. This location is envisioned for those seeking a residence or luxury getaway.

    Key Highlights

    • Private 4‑acre island located just 1.5 miles from Key West with private highway access.
    • Building permits secured for up to two homes, with engineered architectural plans available for a generous 7,437 SF home.
    • All essential utilities are in place: new 1000A power service, underwater sewer and power lines, and AT&T fiber connectivity.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

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    FAQs

    What type of property is this?
    Land - 4-acre private island with permits near Key West, Florida.
    Where is this land located?
    The property is located at 1 Seppala Way Key West, FL.
    What is the asking price?
    The asking price for this property is $25,000,000.
    What are key features of this property?
    This property features: Private 4‑acre island located just 1.5 miles from Key West with private highway access.; Building permits secured for up to two homes, with engineered architectural plans available for a generous 7,437 SF home.; All essential utilities are in place: new 1000A power service, underwater sewer and power lines, and AT&T fiber connectivity.
    Contact an agent
    (260) 433-2319
    We can help!
    Contact an agent
    Jenna Stauffer
    Jenna Stauffer
    Real Estate License ID: 3394848
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