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Lot/land
  • $15,000,000

    1 Seppala Way, Key West, FL 33040

    --beds
    --baths
    4Acres
    Unimproved Land
    Built in ----
    4 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private ocean reefPrivate highway access
    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 impressive 4 acres, Enchanted Island offers both tranquility and unique features, such as a private ocean reef and partial dredging, ideal for potential boat dock installation. In addition to its private highway access, the island has a history with helicopter use, hinting at the potential for establishing a heliport to further enhance its exclusivity and convenience for the distinguished few who will call it home or their luxury getaway.Enchanted Island seamlessly combines isolation with connectivity, offering a lifestyle statement for the discerning few. This exotic haven envisioned for the elite seeking not just a residence but a statement of lifestyle, stands ready to fulfill visions of grandeur against the breathtaking backdrop of the Florida Keys.Seize the unparalleled opportunity to turn your dream of island living into your reality with Enchanted Island.
    476 days
    on Zillow
    |
    926
    |
    35
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    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2025 at 12:07am

    Listed by:

    Jenna Stauffer 260-433-2319,

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 609597MLS LogoOriginating MLS: Key West Association
    Travel times

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Water view: Water
    • Waterfront features: Gulf Front, Beach Front, Waterfront, Dockage: None
    Lot
    • Size: 4 Acres
    • Features: Cleared
    Details
    • Additional parcels included: 00141132.003500,00141132.003600
    • Parcel number: 00141132003400
    • Zoning: SR
    • Zoning description: Sub Urban Residential District

    Utilities & green energy

    • Utilities for property: Electricity Connected, Other, Sewer Connected

    Community & HOA

    Community
    • Features: Other
    • Security: Other
    • Subdivision: Key Haven 1st Add (5.0)
    HOA
    • Has HOA: No
    Location
    • Region: Key West

    Financial & listing details

    • Annual tax amount: $17,230
    • Date on market: 4/15/2024
    • Electric utility on property: Yes
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