A rare opportunity to purchase a buildable 50x125 vacant lot that is located directly in the prime commercial corridor of Stock Island. The liberal zoning of Mixed Use (MU) is ideal for redevelopment and allows for many different uses. This lot conveys with (3) three residential unit vested rights and a minimum of 2754 square feet of commercial NROGO building rights that can be either developed on the property or at another location depending on the desired redevelopment plan. These vested rights have been confirmed by the Monroe County Planning Department. In addition, the property is completely fenced with an electric gate and has all utility services available. Opportunities like this are rare and do not come often!
Lot/land
$950,000
5645 Macdonald Ave, Key West, FL 33040
--beds
--baths
6,250Square Feet
Unimproved Land
Built in ----
6,250 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 31 days
- on Zillow |
- 93 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 03:25am
Listed by:
Terry L Garcia 305-923-5124,
Keller Williams Key West Compass Realty
Source: FLKMLS,MLS#: 615730
Originating MLS: Key West Association

Travel times
Facts & features
Property
Features
- Fencing: Fenced
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 6,250 Square Feet
- Dimensions: 50 x 125
- Features: Less Than 1/4 Acre, Cleared
Details
- Parcel number: 00124470000000
- Zoning: MU
- Zoning description: Mixed Use District
Utilities & green energy
- Water: Water Meter
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Security: Electric Gate
- Subdivision: Maloney Sub (5.0)
HOA
- Has HOA: No
Location
- Region: Key West
Financial & listing details
- Annual tax amount: $2,905
- Date on market: 7/9/2025
- Listing terms: No Seller Finance,Buyer Obtain Finance
- Electric utility on property: Yes
- Road surface type: Paved
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