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Waterfront Mixed-Use Land Parcels
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7000 5th Street, Key West, FL 33040

Two waterfront land parcels with mixed-use zoning and shoreline access for marine, retail, and recreation concepts.

Property SizeContact for details
Lot Size45.00 Acres
Days on Market888

Property Features for 7000 5th Street

General Information

Standard status Active
Lot size 45.00 Acres
Property subtype Land
Zoning Mixed Use

Additional Details

Business Included Yes
Listing Agency: Equestrian Sotheby's International Realty Inc
Listed By: Marc Ulanowski · License #FL 3251327
Source: Crexi
Added: Mar 1, 2024 Changed: Jul 10 Last Checked: Aug 6 at 11:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equestrian Sotheby's International Realty Inc

Investment Insights

Based on property information with market context.

This offering includes two separate parcels that together create a waterfront development canvas in the Florida Keys. The Northern parcel features approximately 1,400 feet of shoreline with deep water on one side and shallow bay bottom on the other, along with upland and bay bottom acreage. The property is described as mixed use, with remarks indicating commercial fishing docks are permitted, and listing a range of potential concepts such as commercial retail and restaurant uses, including combinations like a floating restaurant, a small marina, or commercial recreation uses such as an amusement or sea life park.

The Southern parcel includes 50 acres of mangrove forest, beach berms, hammocks, and trails, with approximately 6 acres of upland. The island is described as accessible to the mainland via a half-mile land bridge. The property is also noted as being next to one of the largest mega yacht marinas and close to two upscale hotels.

For tenants, developers, or investors seeking a waterfront site for marine-adjacent activity and mixed-use programming, this combination of shoreline, bay bottom, and substantial acreage supports a variety of event and recreation-oriented operations as described in the remarks. Buyers can also purchase the Southern parcel of Cow Key by itself, depending on their specific concept and site requirements.

Key Highlights

  • 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

Property Analytics

Current Use

Island Farm Food Processing Plant

Suggested Use

Top Pick Law Firm Nail Salon Dental Office Hair Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

824
Businesses Nearby

Demographics for 33040, FL

35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Two waterfront land parcels with mixed-use zoning and shoreline access for marine, retail, and recreation concepts.
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 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
(815) 861-3559 Call to check price and availability
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