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Canal-Front Waterfront Land Parcel
For Sale
$595,000

28587 Peg Leg Road, Little Torch Key, FL 33042

Canal-front vacant land on Little Torch Key with plans and an active building permit process.

Property SizeContact for details
Days on Market40

Property Features for 28587 Peg Leg Road

General Information

Standard status Active
Property subtype Lot & Land
Zoning IS - Improved Subivision District

Taxes and HOA fees

Annual Taxes $889
Listing Agency: Ocean Sotheby's International Realty
Listed By: Claudette Mell · License #3015412
Source: Laerrealty
Added: Jul 4 Changed: Aug 8 Last Checked: Jul 4 at 2:34AM

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 Ocean Sotheby's International Realty

Investment Insights

Based on property information with market context.

This canal-front vacant land offering includes a building permit already in process (Permit #SFDUP-2025-0096), with dock and full architectural plans included. The submitted plans are for a 3,497-square-foot residence with four bedrooms, three bathrooms, and a rooftop terrace designed to capture open ocean views. A local builder is available to construct the home to the buyer’s specifications, with price and terms to be negotiated.

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

Holding 41.5 ROGO points, the permit is positioned for buyers to purchase now and build on their timeline.

Key Highlights

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

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Kitchen & Bath Showroom Building Supply Law Firm Spa & Massage Center Restaurant Travel Agency

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

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 33042, FL

6,841
Population
4,835
Households
1.4
Avg Household Size
54
Median Age
45%
College-Educated
98%
High-School Grad
27.6 sq mi
ZIP Area
248
Density / Sq Mi
$101,625
Median Household Income
$49,747
Median Earnings
$2,252
Median Rent
$759,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Canal-front vacant land on Little Torch Key with plans and an active building permit process.
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; Building permit in process (Permit #SFDUP‑2025‑0096) with 41.5 ROGO points; Plans drawn for a 3,497 SF, 4‑bedroom, 3‑bath residence with a rooftop terrace
More about this property
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