About 5331 5th Avenue
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.
Features of 5331 5th Avenue
| MLS® # | 620444 |
|---|---|
| Price | $2,050,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Acres | 0.69 |
| Year Built | 1938 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 5331 5th Avenue |
|---|---|
| Area | 05 - Stock Island to Shark Key |
| Subdivision | Maloney Sub (5.0) |
| City | Stock Island |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Utilities | FKAA, Municipal Sewer, Buyer to Verify, Separate Meters |
|---|---|
| Parking | Off Street Parking |
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Lot Description | 1/2 - Less Than 1 AC |
|---|---|
| Construction | CBS, Frame, Manufactured, Combo Construction |
Additional Information
| Date Listed | June 29th, 2026 |
|---|---|
| Days on Market | 21 |
| Zoning | MU - Mixed Use District |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Bascom L Grooms |
|---|---|
| Office | Bascom Grooms Real Estate (KW) |