Agricultural property in 7000 5th Street, Key West, FL 33040 for sale with MLS# R10963178

Nestled along the serene waterfront, these two picturesque parcels offer an unparalleled opportunity to indulge in the quintessential Florida Keys lifestyle. Boasting breathtaking panoramic views of the glistening waters, these two expansive plots of land / bay bottom present the perfect canvas for your dream waterfront retreat and /or commercial ventures. The Northern parcel consists of about 1,400 ft. of pristine shoreline, providing ample space for waterfront activities such as swimming, fishing, kayaking, and paddleboarding with deep water on one side and shallow bay bottom on the other side. Spanning 2.03 acres of Mixed Use upland and a total of 45 acres, including bay bottom. Potential uses on the Northern parcel could be Commercial retail, restaurant uses, or any combination there thereof, imagine a floating restaurant, small marina, Commercial recreation uses including amusement or sea life park, opening doors to community-centric projects that serve the needs of locals and visitors alike. The off shore island along the channel offers great camp sites. With Mixed Use zoning in place, commercial fishing docks are permitted, providing an excellent opportunity for entrepreneurs in the fishing industry to establish a thriving business. The Southern parcel consists of 50 acres of mangrove forest, beach berms, hammocks, and trails with approx. 6 acres of upland. So many possibilities. Build your own Equestrian Estate, ''The Southernmost stables''. This property would be an excellent place to host large events like concerts, weddings, farm to table / wine tastings, or possibly therapeutic programs or retreats. Beautiful beach areas. Easy to get to, as the island has access to the mainland via a ½ mile land bridge. The property is also located next to one of the largest mega yacht marinas and close to two upscale hotels. The Southern parcel of Cow Key can be purchased by itself. See MLS RX-10804772.

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7000 5th Street, Key West, FL 33040

Price
Price:
$9,499,000.00
Original List Price:
$12,450.00
List Price per Sq Ft (Calculated, Approx.):
$2.82
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Agriculture
Description of Last Important Update:
Price Reduced
Last Major Update on:
January 18, 2026 9:31 pm
Measures
Lot Area:
3,374,000 Sqft
Lot Size Dimensions and Info:
approx. 95 acres
Lot Size Unit:
Acres
Lot Size Acres:
77.4564
Property Features
View from the Property:
Ocean
Waterfront:
Yes
Waterfront Features:
Ocean Front
Current Use:
Commercial, Agricultural
Vegetation and Trees:
Mangroves
Property Entrance Faces:
South
Construction
Road Frontage Type:
Private Road
Taxes and Expenses
Tax Annual Amount:
$52.51
Tax Year:
2023
Utilities
Utilities Available:
None, Electricity Available, Water Available
Water Source:
Public
Community
Subdivision Name:
Misc Stock Island (5.0)
Senior Community:
No
Development Status:
Raw Land
Terms
Documents Available:
Survey
Listing Terms Considered by Seller:
Cash, Owner Will Carry Points, Other
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
35 67 25 BAY BOTTOM ADJ TO COW KEY OR429-44 OR470-742 OR566-922 OR785-676 OR2340-42 OR2948-1991
Real Estate Folio Number (Parcel Number):
00123900000000
Zoning:
MU
Listing History
Active on the market since:
February 26, 2024
Listing Agreement executed on:
February 22, 2024
Price change occurred on:
January 18, 2026 9:31 pm
Listing Status Last Changed On:
February 26, 2024 8:08 pm
Photos updated on:
September 10, 2025 7:27 pm
Last Modified:
April 9, 2026 7:37 am
Additional Information
Courtesy of:
Equestrian Sotheby's International Realty Inc.
Attribution:
Not provided
Location
Street Name:
5th
Street Number:
7000
City:
Key West
State:
Florida
Zip Code:
33040
County:
Monroe
Latitude:
N24° 33' 44.9''
Longitude:
W82° 15' 25.3''
Street Suffix:
Street
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $79,038
Median Home Value $766,400
Median Rent $2,079/mo
Median Age 44
Population 36,091

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This listing can also be located in the MLS system as RX-10963178
Association of REALTORS®
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