1 Seppala Way, Key Haven, FL 33040 (MLS# 609597)

1 Seppala Way, Key Haven, FL 33040

$25,000,000

Enchanted Isl Site Layout2 with Aerial I

Enchanted Isl Site Layout with Aerial Im

Property Type: Vacant Land Lot Size (sq. ft.): 174,240 Status: Active

Current Price: $25,000,000 List Date: 4/15/2024 Last Modified: 7/30/2026

Overview

Description

Introducing Enchanted Island, an unparalleled private island located 1.5 miles from Key West accessible via its own private highway exit from US 1. This rare real estate jewel offers an exclusive escape like no other. Presently zoned for sub urban residential use, the island permits the construction of up to two homes. Elevated 15 feet to meet construction codes and with building permits already secured, Enchanted Island is posed for your development aspirations. Additionally, the seller has completed engineered architectural plans for a 7,437 SF home. For those with a vision grander in scale, the option of rezoning and securing permits for up to ten homes exists, providing endless possibilities for your imagination. Enchanted Island boasts all essential utilities, including a new 1000A 120/240V power service, underwater sewer and power lines, and AT&T fiber connectivity. With building permits in hand, your journey from blueprint to building can commence without delay. Spanning an ... (Read more)

Listing Details MLS# 609597

Location, Tax & Legal

Street #: Yes
Street Name: Seppala
Street Suffix: Way
Key/Island: Key Haven
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Key Haven 1st Add (5.0)
Area: 05 - Stock Island to Shark Key

Contract Information

Listing Board: Key West Association
Limited Representation: No
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: 4
Lot SqFt: 174240
Lot Sqft Source: Seller
Total Lots: 10
Survey Available: Yes

Miscellaneous Info

Mobile Home Lot: No
Rogo W/Letter: Yes

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Property Features

Tax Exemptions: Homestead Waterfront: Beach Front; Gulf Front Dockage: None Waterview: Open Water View Neighborhood Feature: Other Area Features Existing Utilities: Electric on Site; Other Utilities; Sewer BuildingPermit: Active Permit Security: Other Property Rights: Tranfrble Bldg Prmt

Documents

Survey Enchanted Island Pt. 2 ›

Survey Enchanted Island Pt. 3 ›

Survey sheet 1 of 3 ›

Survey Sheet 2 of 3 ›

Survey Sheet 3 of 3 ›

Master Siteplan ›

Listing Office: Ocean Sotheby's International Realty

Last Updated: July - 30 - 2026

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