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$2,150,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 0.69 Acres
  • Updated 2 days ago
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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.

Full Property Details for 5331 5th Ave

General

  • Price: $2,150,000
  • Taxes: $23,691 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: 927
  • MLS ID: 620462
  • Updated: 6/30/2026
  • Added to Site: 3 day(s) ago

Interior

  • Appliances: Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Shared Amenities: Other Area Features

Parking

  • Parking Features: Off Street

Location

  • Area: 05 - Stock Island to Shark Key
  • County: Monroe
  • Subdivision: Maloney Sub (5.0)
  • Driving Directions: GPS TO 5331 5TH AVENUE

Community

  • Assoc. Fees Include: None
  • Pets Allowed: Yes

Structural Information

  • Architectural Style: Above Flood, Other Bldg Style
  • Construction: CBS, Combo Construction, Frame, Manufactured
  • Square Feet: 5,705
  • Sq. Ft. Source: Property Data Card
  • Year Built: 1938

Lot Features

  • Property View: No Waterview
  • Lot Size (Acres): 0.69
  • Lot Size (Sq. Ft.): 30,000
  • Lot Dimensions: 200 x 150
  • Zoning: MU - Mixed Use Commercial Mixed Use

Water Features

  • Water View: Yes

Financial Considerations

  • Tax Amount: $23,691
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • APN: 126820000000

Listed by Bascom Grooms Real Estate (KW), Bascom L Grooms (305) 304-7444

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Listing agent

— 5331 5th Ave —

  • Bascom L Grooms

    Bascom Grooms Real Estate (KW)

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5331 5th Ave

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Gerald Adams Elementary School
5855 College Road, Key West, FL 33040
PK-50.8 mi
Horace O'bryant School
1105 Leon Street, Key West, FL 33040
6-82.9 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5331 5th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/29/2026
Listed
$2,150,000
-14%
MLS
7/11/2022
Sold
$2,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5331 5th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,830
—
$552,668
—
2024
$6,830
-19%
$550,068
-13%
2023
$8,406
61%
$630,022
83%
2022
$5,224
12%
$345,022
79%
2021
$4,657
3%
$192,871
7%
2019
$4,524
—
$180,230
1%
2018
$4,526
-1%
$178,618
-7%
2017
$4,593
1%
$192,013
-2%
2016
$4,554
—
$195,950
25%
2015
$4,539
—
$156,753
10%
2014
$4,535
4%
$142,503
10%
2013
$4,369
—
$129,549
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5331 5th Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Bascom Grooms Real Estate (KW), Bascom L Grooms (305) 304-7444

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5331 5th Avenue, Stock Island, FL 33040 (MLS# 620462) is a Multi-Family property with units containing 6 bedrooms and 6 full bathrooms. 5331 5th Avenue is currently listed for $2,150,000 and was received on June 29, 2026. Want to learn more about 5331 5th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Stock Island? You can browse all Stock Island real estate or contact a Coldwell Banker agent to request more information.

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