For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mixed-Use Development Land Title is generated by Realmo AI

    5331 5th Avenue, Stock Island, FL 33040

    View on Map
    Claim this Listing
    New
    For Sale
    $2,150,000

    MULTI_FAMILY - Other - Stock Island, FL

    Property size:
    5,705 SF
    Lot size:
    0.69 Acres
    Price / SF:
    $376/SF
    Added:
    Jun 29, 2026
    Days on Market:
    4
    Last Refresh:
    Jul 2 at 3:06 pm

    Property Features for 5331 5th Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MU - Mixed Use Commercial
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 5, Bathroom 6, Bedroom 6, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
    Parking features
    Off Street
    Appliances
    Refrigerator
    Standard status
    Active
    APN
    00126820000000
    Size
    5,705 SF
    Lot size
    0.69 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    23691

    Building Details

    Year built
    1938
    Floors in Building
    2
    Building materials
    CBS, Frame, Manufactured, Combo Construction
    Architectural style
    Other

    We can help!

    Contact an agent
    Bascom L Grooms
    Bascom L Grooms

    Listing agent Bascom L Grooms License #647099

    Listing office Bascom Grooms Real Estate (KW) 1110 Truman Avenue, Key West, FL

    Listing date Jun 29, 2026

    MLS# 620462 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.

    HighLights

    • Four parcels totaling 30,000 sq ft, located just minutes from Key West near Mile Marker 5
    • MU (mixed use) zoning
    • Utilities on‑site with 7 electric meters
    • Utilities on‑site with 7 water meters
    • ROGO exempt for 6 or 7 units may be possible, per public remarks
    • Off‑street parking

    Overview

    The offering consists of four separate parcels comprising a combined 30,000 square feet of commercial land on 0.6887 acres. The property is presented for mixed-use development under MU - Mixed Use Commercial zoning. The site is supported by on-site utilities with seven electric meters and seven water meters, which can help streamline development planning and service allocation.

    The location is described as being just minutes from Key West, with the parcels positioned to serve visitors and area residents. The remarks note proximity to resorts, dining, and marinas, supporting a mixed-use orientation consistent with the MU zoning classification.

    For developers and investors seeking an MU-zoned land platform, the presence of multiple electric and water meters may be a practical advantage when designing residential and/or commercial configurations across the four parcels. The seller notes that ROGO exemption for 6 or 7 units may be possible, so buyers should verify development eligibility and any exemption requirements during due diligence. Interested parties can review the parcel structure and utilities to assess options for a combined residential and commercial concept or a single-use approach within the MU framework.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Stock Island
    County
    Monroe
    State
    Florida
    Longitude
    -81.742359
    Latitude
    24.569103

    FAQs

    What type of property is this?
    Commercial land - Four-parcel site in MU zoning with multiple electric and water meters for redevelopment in Stock Island, FL.
    Where is this commercial land located?
    The property is located at 5331 5th Avenue Stock Island, FL.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: Four parcels totaling 30,000 sq ft, located just minutes from Key West near Mile Marker 5; MU (mixed use) zoning; Utilities on‑site with 7 electric meters
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message