Canal-Front Vacant Land with
For Sale
$595,000
28587 Peg Leg Road, Little Torch Key, FL 33042
LAND - Little Torch Key, FL
Property SizeContact for details
Lot Size0.14 Acres
Days on Market48
Property Features for 28587 Peg Leg Road
General Information
Property type
Land
Property subtype
Other
Zoning
IS - Improved Subivision
Subdivision
Jolly Roger Estates (28.5)
Lot features
Water Frontage
View
Water, Ocean
Directions
Google Maps
Standard status
Active
APN
00216770-000000
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BK 12 LT 11 JOLLY ROGER ESTATES LITTLE TORCH KEY PB5-34 OR529-978 OR594-232 OR2655-1426 OR3315-1107
Tax Annual Amount
889
Legal Description
BK 12 LT 11 JOLLY ROGER ESTATES LITTLE TORCH KEY PB5-34 OR529-978 OR594-232 OR2655-1426 OR3315-1107
Utilities
Water front
1
Listing Agency:
Ocean Sotheby's International Realty
(305) 712-8888
Listed By:
Claudette Mell · License #3015412
(305) 393-1839
Added: Jul 1
Changed: Jul 29
Last Checked: Aug 17 at 1:06AM
MLS# 620488
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This canal-front vacant land parcel is offered for sale with an active building permit process already underway. The property is zoned IS - Improved Subivision and totals 0.14 acres. A permit is in process under Permit #SFDUP-2025-0096, with 41.5 ROGO points being held as part of the approval. Plans are drawn for a 3,497-square-foot, four-bedroom, three-bathroom residence that includes a rooftop terrace designed to capture open ocean views. Dock and full architectural plans are also included, providing a complete framework for the build.
The property is located on Little Torch Key, approximately 28 miles from Key West. Public remarks indicate quick, no-bridge access to open water.
For buyers looking to purchase a waterfront homesite and move forward on their own schedule, the combination of a permit already in process, held ROGO points, and included architectural and dock plans can reduce early-stage development lead time. A local builder is ready 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. Public remarks indicate quick, no-bridge access to open water.
For buyers looking to purchase a waterfront homesite and move forward on their own schedule, the combination of a permit already in process, held ROGO points, and included architectural and dock plans can reduce early-stage development lead time. A local builder is ready to construct the home to the buyer’s specifications, with price and terms to be negotiated.
Key Highlights
- Canal‑front vacant land on Little Torch Key with a building permit in process (Permit #SFDUP‑2025‑0096)
- Permit holds 41.5 ROGO points
- Plans drawn for a 3,497 SF, 4‑bedroom, 3‑bath residence with a rooftop terrace
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant waterfront lot with a building permit in process and complete dock and residential architectural plans included.
Where is this residential land & home lot 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 with a building permit in process (Permit #SFDUP‑2025‑0096); Permit holds 41.5 ROGO points; Plans drawn for a 3,497 SF, 4‑bedroom, 3‑bath residence with a rooftop terrace
