5331 5th Avenue, Stock Island, FL 33040 (MLS# 620462)

5331 5th Avenue, Stock Island, FL 33040

$2,050,000

Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 5,705 Lot Size (sq. ft.): 30,000 Status: Active

Current Price: $2,050,000 List Date: 6/30/2026 Last Modified: 7/20/2026

Overview

Description

Attention Developers and Investors! This is a unique opportunity to acquire four parcels totaling 30,000 square feet of prime land just minutes from Key West. Ideally situated at Mile Marker 5, this property boasts a central location near some of the area's most sought-after resorts, dining establishments, and marinas. Whether you're looking to develop a new residential community, a commercial venture, or a combination of both, this land offers incredible potential. Its proximity to key attractions and amenities ensures a steady flow of visitors and residents, making it an ideal investment for future growth and profitability. 7 Electric Meters. 7 Water Meters. MU- Mixed Use Zoning. ROGO exempt for 6 or 7 units may be possible.

Listing Details MLS# 620462

Location, Tax & Legal

Street #: 5331
Street Name: 5th
Street Suffix: Avenue
Key/Island: Stock Island
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Maloney Sub (5.0)
Area: 05 - Stock Island to Shark Key
City: Stock Island
Mile Marker: 5
Marathon Neighborhood: N/A
Side: Ocean
Alternate Key #: 00126820000000
Add'l Parcel #1: 00126830-000000
Parcel #: 00126820000000
Add'l Parcel #2: 00126840-000000
Zoning: MU - Mixed Use Commercial Mixed Use
Deed Restrictions: Unknown
Taxes: 23691
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 1938
Lot SqFt: 30000
Living Apx SqFt: 5705
SqFt Source: Property Data Card
Total Bedrooms: 6
Full Baths: 6
Total Baths: 6
Rentals Allowed: With Restrictions
Min Rental Days: 30
Control Depth: 0

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

Building Style

Above Flood: Unknown
Stories: 2 Stories
Other Bldg Style: Yes

More Information

Vehicle Storage

Car(s): 4+
Off Street Parking: Yes

Financial Status

Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes

Remarks & Misc

Remarks – Consumer: Attention Developers and Investors! This is a unique opportunity to acquire four parcels totaling 30,000 square feet of prime land just minutes from Key West. Ideally situated at Mile Marker 5, this property boasts a central location near some of the area's most sought-after resorts, dining establishments, and marinas. Whether you're looking to develop a new residential community, a commercial venture, or a combination of both, this land offers incredible potential. Its proximity to key attractions and amenities ensures a steady flow of visitors and residents, making it an ideal investment for future growth and profitability. 7 Electric Meters. 7 Water Meters. MU- Mixed Use Zoning. ROGO exempt for 6 or 7 units may be possible.
Directions: GPS TO 5331 5TH AVENUE

License Info

Non Trans Rntl Lic: Yes

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Refrigerator: Yes

Pets

Pets Allowed: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Neighborhood Feature

Other Area Features: Yes

Construction

CBS: Yes
Combo Construction: Yes
Frame: Yes
Manufactured: Yes

Land Size

1/2 - Less Than 1 AC: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes
Municipal Sewer: Yes

Title

Negotiable: Yes

Property Features

Fee Includes: None Tax Exemptions: None License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Building Style: Other Bldg Style Vehicle Storage: Off Street Parking Utilities: Buyer to Verify; FKAA; Municipal Sewer Appliances: Refrigerator Construction: CBS; Combo Construction; Frame; Manufactured Pets: Pets Allowed Neighborhood Feature: Other Area Features Land Size: 1/2 - Less Than 1 AC Terms: Cash; Conventional Title: Negotiable

Listing Office: Bascom Grooms Real Estate (KW)

Last Updated: July - 20 - 2026

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