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7000 5Th Street, Stock Island, FL 33040

$9,499,000
Property Type: Vacant Land Lot Size (sq. ft.): 3,374,000 Status: Active
Current Price: $9,499,000 List Date: 2/26/2024 Last Modified: 1/18/2026

Overview

Description

Nestled along the serene waterfront, these two picturesque parcels offer an unparalleled opportunity to indulge in the quintessential Florida Keys lifestyle. These two expansive plots of land incl. 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 native 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 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 gr ...

Listing Details MLS# 608897

Location, Tax & Legal

Street #
7000
Street Name
5Th
Street Suffix
Street
Key/Island
Stock Island
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Misc Stock Island (5.0)
Area
05 - Stock Island to Shark Key
City
Stock Island
Off Shore Island
No
Mile Marker
5
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE,AE,VE,AE,VE,VE
Alternate Key #
1158038
Add'l Parcel #1
00123910-000000
Parcel #
00123900-000000
Zoning
MU - Mixed Use District
Deed Restrictions
Unknown
Legal
35 67 25 BAY BOTTOM ADJ TO COW KEY OR429-44 OR470-742 OR566-922 OR785-676 OR2340-42 OR2948-1991
Taxes
52.51
Tax Year
2023

Contract Information

Listing Board
Key West Association
ROGO Exempt
No
Limited Representation
No
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Vacant Land
Waterfront
Yes
Control Depth
4
Lot Dimensions
approx. 95 acres incl bay bottom
Lot SqFt
3374000
Lot Sqft Source
Seller
Total Lots
2
Survey Available
Yes
Vegetation Survey
Yes

Miscellaneous Info

Mobile Home Lot
No
Rogo W/Letter
No

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
Nestled along the serene waterfront, these two picturesque parcels offer an unparalleled opportunity to indulge in the quintessential Florida Keys lifestyle. These two expansive plots of land incl. 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 native 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 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 about 40 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 #601994. Buyer to verify all information and uses.
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.

Assoc/Misc Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Dockage

None
Yes

Tax Exemptions

None
Yes

Waterfront

Oceanfront
Yes
Open Water
Yes

Waterview

Canal View
Yes
Ocean View
Yes
Open Water View
Yes

Location/Site

Mangrove
Yes
Water Frontage
Yes
Wooded Lot
Yes

Existing Utilities

None
Yes

BuildingPermit

No Permit
Yes

Land Size

10 or more Acres
Yes

Terms

Seller Finance Psble
Yes

Title

Negotiable
Yes

Property Features

Tax Exemptions: None Waterfront: Oceanfront; Open Water Dockage: None Waterview: Canal View; Ocean View; Open Water View Existing Utilities: None BuildingPermit: No Permit Land Size: 10 or more Acres Terms: Seller Finance Psble Title: Negotiable
Listing Office: Ocean Sotheby's International Realty
Last Updated: January - 18 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.