Active

1 Seppala Way

Key Haven FL, 33040

$15,000,000


$86.09 per sqft

Active

4 Acres

Land

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.

609597

MLS ID

April 15, 2024

Listed

November 22, 2024

Updated

Map

1 Seppala Way
Key Haven FL, 33040

Exterior/Building Features

Lot Size

4 Acres


Lot Features

Cleared Site

Other Property Details

Area Name

05 - Stock Island to Shark Key


Taxes

$17,231


Tax Frequency

Annually


Days on Market

184


Garage

No


View

Yes


View Description

Open Water View


County

Monroe


Pool

No


Waterfront

Yes


Zoning

SR - Sub Urban Residential District

Listing History

Date

Event

Price

10/17/2024

Price change

$15,000,000

-12%

7/17/2024

Price change

$17,000,000

-6%

Listed by Jenna Stauffer with Ocean Sotheby's International Realty
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 11/22/2024 at 10:07 PM UTC

 

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