7000 5th Street

Stock Island, FL 33040

$12,450,000
Price
3,374,000 / 77.46
Lot Size / Acres

Description

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,...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 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 1/2 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. Contact us for a private showing!
  1. Listed by Ellen Gvili • Ocean Sotheby's International Realty
  2. Listed by Marc Ulanowski • Equestrian Sotheby's International Realty

Property Details for 7000 5th Street

Waterfront
Yes
Waterfront
Oceanfront, Open Water
Zoning
MU - Mixed Use District
Subdivision
Misc Stock Island (5.0)
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.

Location

Listing Courtesy of Ocean Sotheby's International Realty; Equestrian Sotheby's International Realty
Add your commute
LISTING UPDATED: 02/26/2024 03:16 PM

Property Details for 7000 5th Street

StatusActive
MLS #608897
Days on Market79
Taxes$53 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeVacant Land
Year Built-
Lot Size77.46 AC
CountyMonroe County

Location

Listing Courtesy of Ocean Sotheby's International Realty; Equestrian Sotheby's International Realty
Add your commute

Building Information for 7000 5th Street

Lot Size77.46 AC

Payment Calculator

$67,949 per month

30 year fixed, 7.25% Interest

Principal and Interest

$67,945

Property Taxes

$4

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7000 5th Street

Summary
Location and General Information
  • Waterview: Canal View, Open Water View, Ocean View
  • Area: 05 - Stock Island to Shark Key
  • Absolute Longitude: 81.742987
  • Control Depth: 4
  • Off Shore Island: No
  • Listing Board: Key West Association
  • Side: Ocean
  • Mile Marker: 5.0
  • Marathon Neighborhood: N/A
  • Location/Site: Mangrove, Water Frontage, Wooded Lot
  • Key/Island: Stock Island
Owner
  • Owner Name: Key Cow Llc
Taxes and HOA Information
  • Tax Year: 2023
  • Tax Exemptions: None
  • Assoc/Misc Info: Mandatory Home Owners Asc: No
  • Assoc/Misc Info: 1st Right of Refusal: No
Property
Lot Information
  • Parcel #: 00123900-000000
  • Add'l Parcel #1: 00123910-000000
  • Land Size: 10 or more Acres
  • Lot Dimensions: approx. 95 acres
  • Total Lots: 2.0
Property and Assessments
  • Survey Available: Yes
  • Vegetation Survey: Yes
  • Miscellaneous Info: Mobile Home Lot: No
  • Legal: 35 67 25 BAY BOTTOM ADJ TO COW KEY OR429-44 OR470-742 OR566-922 OR785-676 OR2340-42 OR2948-1991
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • Flood Zone: AE,AE,VE,AE,VE,VE
  • Deed Restrictions: Unknown
  • ROGO Exempt: No
  • Picture Count: 25
  • Document Count: 0
  • Miscellaneous Info: Rogo W/Letter: No
  • BuildingPermit: No Permit
  • Title: Negotiable
Utilities
  • Existing Utilities: None
Interior and Exterior Features
Exterior Features
  • Dockage: None

Property History for 7000 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7000 5th Street

Taxable ValueLand$6,205Additions-Total$6,205
Tax Record2023$53 ($4 / month)
Home Facts
Lot Size2,702,898 SqFtStyleWaste Land / MarshesCountyMONROEAPN00123900-000000

Schools near 7000 5th Street

Rating
School
Type
Grades
Distance
Private - PK to 8
Rating
School
Distance
Grace Lutheran
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7000 5th Street is a 77.46 ac of land for sale in Stock Island, FL 33040. This property was listed for sale on February 23, 2024 by Ocean Sotheby's International Realty, it's currently listed at $12,450,000. Nearby schools include Grace Lutheran. 7000 5th Street is a 0-bed, 0-bath, 77.46 ac of land on a 3,374,000 sq. ft. / 77.46 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Ocean Sotheby's International Realty; Equestrian Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.