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Mixed-Use Land with Utility Meters
For Sale
$2,050,000

5331 5th Avenue, Stock Island, FL 33040

MULTI_FAMILY - Other - Stock Island, FL

Property Size5,705 SF
Lot Size0.69 Acres
Price / SF$359.33
Days on Market49

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
Full bathrooms 6
Rooms Bedroom 3, Bathroom 6, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 1, Bedroom 6, Bathroom 2, Bathroom 3
Parking features Off Street
Appliances Refrigerator
Subdivision Maloney Sub (5.0)
View Water
Directions GPS TO 5331 5TH AVENUE
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
Building materials CBS, Frame, Manufactured, Combo Construction
Architectural style Other
Listing Agency: Bascom Grooms Real Estate (KW)
Listed By: Bascom L Grooms · License #647099
Added: Jun 29 Changed: Jul 24 Last Checked: Aug 16 at 11:06PM
MLS# 620462

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.

This offering includes four parcels of commercial land in MU - Mixed Use Commercial zoning. The property is described as having seven electric meters and seven water meters, providing multi-site utility capacity for development planning. The seller notes that ROGO may be exempt for 6 or 7 units, subject to approval.

The property is located at 5331 5th Avenue in Stock Island, Florida, and is presented as being just minutes from Key West and near resorts, dining, and marinas. The listing also references Mile Marker 5 as a contextual location point.

For developers and investors, this assemblage is positioned as a flexible site for a residential community, a commercial venture, or a combination of both, based on the mixed-use zoning and the multi-meter utilities called out in the remarks.

Key Highlights

  • Four parcels totaling 30,000 SF, located near Mile Marker 5 just minutes from Key West
  • MU (Mixed Use) zoning
  • Utilities: 7 electric meters and 7 water meters

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Auto Parts Store Garden Center Bakery Computer & Electronic Repair Electrical Service

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

812
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Four land parcels in MU zoning with seven electric and seven water meters, suited for mixed-use development planning.
Where is this residential land & home lot located?
The property is located at 5331 5th Avenue Stock Island, FL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Four parcels totaling 30,000 SF, located near Mile Marker 5 just minutes from Key West; MU (Mixed Use) zoning; Utilities: 7 electric meters and 7 water meters
More about this property
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