1 Seppala Way Key Haven, FL 33040
Stock Island AreaEstimated payment $137,654/month
About This Lot
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.
Listing Agent
Ocean Sotheby's International Realty License #3394848 Listed on: 04/15/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $17,231
Lot Details
- 4 Acre Lot
- Beach Front
- Property fronts gulf or ocean
- 10 Lots in the community
- On-Hand Building Permits
- Property is zoned SR - Sub Urban Residential District
Additional Features
- Water Views
- Electricity To Lot Line
Community Details
- Key Haven 1St Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 00141132.003500
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,796 | $2,973,346 | $2,973,346 | |
| 2024 | $17,231 | $2,973,346 | $2,973,346 | |
| 2023 | $17,231 | $2,036,490 | $2,036,490 | $0 |
| 2022 | $16,597 | $2,036,490 | $2,036,490 | $0 |
| 2021 | $15,858 | $1,738,732 | $1,738,732 | $0 |
| 2020 | $7,266 | $788,226 | $788,226 | $0 |
| 2019 | $7,045 | $760,715 | $760,715 | $0 |
| 2018 | $6,966 | $730,220 | $730,220 | $0 |
| 2017 | $6,546 | $691,704 | $0 | $0 |
| 2016 | $6,618 | $678,557 | $0 | $0 |
| 2015 | $2,902 | $455,060 | $0 | $0 |
| 2014 | $2,697 | $402,534 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | Price Changed | $25,000,000 | +66.7% | -- |
| 10/16/2024 10/16/24 | Price Changed | $15,000,000 | -11.8% | -- |
| 07/17/2024 07/17/24 | Price Changed | $17,000,000 | -5.6% | -- |
| 04/15/2024 04/15/24 | For Sale | $18,000,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,200,000 | Attorney |
Source: Key West Association of REALTORS®
MLS Number: 609597
APN: 00141132-003400
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