Land - Real Estate in Sugarloaf Key
Listing Price: $849,000
Description of Property
Rare opportunity to acquire approximately 10 acres of vacant residential land in Sugarloaf Key, an area known for its low-density character, natural surroundings, and limited land availability. Large parcels of this size are increasingly scarce in the Lower Florida Keys, positioning this property as a strategic long-term holding or future planning opportunity. On Monroe county records, the property consists of a mix of hardwood hammock, transitional lands, and environmentally sensitive areas and is currently unimproved. The surrounding area is developed primarily with single-family residences, including custom and elevated homes designed in accordance with coastal and floodplain construction standards, preserving the residential and natural character of Sugarloaf Key. The property offers convenient access to U.S.-1 while maintaining privacy and the authentic Keys environment. Any future use or development is subject to Monroe County Comprehensive Plan policies, Rate of Growth Ordinance (ROGO) allocation, environmental review, and applicable state and federal approvals. Buyer is solely responsible for verifying flood zone designation, buildability, density, environmental constraints, ROGO availability, and all permitted uses prior to closing. No representations or guarantees are made regarding development rights or approvals. ROGO-Focused Investor Note: Properties of this scale in the Florida Keys are often acquired with a long-term entitlement or land-banking strategy. ROGO allocations are limited, competitive, and issued through a points-based system that may involve extended timelines. Investors familiar with Monroe County processes may view this parcel as suitable for future ROGO pursuit, mitigation planning, conservation strategies, or phased development concepts, subject to regulatory approval. No ROGO allocation is currently implied or guaranteed. For GPS reference, use coordinates 24°39'35.2"N, 81°32'10.3"W. Property boundaries and exact location to be verified by survey.
Property Details At A Glance
Property Type: Land
City: Sugarloaf Key
County: Monroe
Subdivision: Sugarloaf Key
Annual Tax: $305
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Sewer: None
Water Source: None
Lot Information
Lot Size (acres): 10
Lot Size (sq. ft.): 435,600 square feet
Lot Dimensions: 1012.5 x 430
Additional Parcels: Yes
Additional Parcels Description: NA
Legal Description & Other Information
Parcel Number: 00118110000100
Zoning: NA
Tax Legal Desc.: 36 66 27 SUGARLOAF KEY PT GOVT LOT 4 (AKA LOT 57 BLK 9 NO SUGARLOAF ACRES SEC TWO) OR564-756/759 OR783-630/633 OR808-382D/C OR838-1922 OR846-2158 OR911-1521/1525Q/C
Section: 36
Range: 27E
Listing courtesy of PREMIUM PROPERTIES R.E SERVICE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
