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Waterfront Land Ideal for Development
For Sale
$9,499,000

7000 5Th Street, Stock Island, FL 33040

LAND - Stock Island, FL

Lot Size77.46 Acres
Days on Market890

Property Features for 7000 5Th Street

General Information

Property type Land
Property subtype Other
Zoning MU - Mixed Use District
Subdivision Misc Stock Island (5.0)
Lot features Water Frontage, Wooded Lot, Mangrove
View Ocean, Water
Directions Head north on US1 to Stock Island. Veer right at the third traffic light onto MacDonald Ave. Make your first right onto 5th Street. Island Farm is at the end of the road (corner of 5th St./12th Ave.
Standard status Active
APN 00123900-000000
Lot size 77.46 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description 35 67 25 BAY BOTTOM ADJ TO COW KEY OR429-44 OR470-742 OR566-922 OR785-676 OR2340-42 OR2948-1991
Tax Annual Amount 53
Legal Description 35 67 25 BAY BOTTOM ADJ TO COW KEY OR429-44 OR470-742 OR566-922 OR785-676 OR2340-42 OR2948-1991

Utilities

Water front features Ocean Front
Water front 1
Listing Agency: Ocean Sotheby's International Realty
Listed By: Ellen Gvili · License #3043680
Added: Feb 23, 2024 Changed: May 21 Last Checked: Aug 1 at 9:06AM
MLS# 608897

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.

These two waterfront parcels offer an opportunity to embrace the Florida Keys lifestyle. The northern parcel features approximately 1,400 feet of native shoreline, suitable for activities like swimming, fishing, kayaking, and paddleboarding, with both deep water and shallow bay bottom areas. This parcel spans 2.03 acres of Mixed Use upland and a total of 45 acres, including bay bottom. Potential uses for the northern parcel include commercial retail, restaurants, a floating restaurant, a small marina, or commercial recreation uses such as an amusement or sea life park. With Mixed Use zoning, commercial fishing docks are also permitted. The offshore island along the channel offers camping sites. The southern parcel consists of approximately 40 acres of mangrove forest, beach berms, hammocks, and trails, with about 6 acres of upland. This property could accommodate an equestrian estate or host large events like concerts, weddings, farm-to-table events, wine tastings, or therapeutic programs and retreats. It features beach areas and is easily accessible via a 1/2-mile land bridge. The property is located next to a mega yacht marina and close to two hotels.

Key Highlights

  • Two expansive waterfront parcels (2.03 acres upland, 45 acres total) with significant native shoreline (1,400 ft) offering diverse recreational opportunities.
  • Northern parcel's Mixed Use zoning allows for commercial development: retail, restaurants, small marina, commercial recreation, and commercial fishing docks.
  • Southern parcel (40 acres) offers diverse terrain suitable for an equestrian estate, large events, or therapeutic programs.

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.

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

Market

Average Price Trend$/SF for Land in Monroe County, FL

$932 Feb
$1,080 Mar
$1,422 Apr
$1,727 May
$1,553 Jun
Jul

Properties on Market for Land in Monroe County

Feb
Mar
Apr
May
Jun
Jul
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?
Land - Two parcels of land perfect for commercial or residential development.
Where is this land located?
The property is located at 7000 5Th Street Stock Island, 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 expansive waterfront parcels (2.03 acres upland, 45 acres total) with significant native shoreline (1,400 ft) offering diverse recreational opportunities.; Northern parcel's Mixed Use zoning allows for commercial development: retail, restaurants, small marina, commercial recreation, and commercial fishing docks.; Southern parcel (40 acres) offers diverse terrain suitable for an equestrian estate, large events, or therapeutic programs.
More about this property
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