5645 Macdonald Ave Stock Island, FL 33040
Estimated payment $5,401/month
About This Lot
A rare opportunity to purchase a buildable 50x125 vacant lot that is located directly in the prime commercial corridor of Stock Island. The liberal zoning of Mixed Use (MU) is ideal for redevelopment and allows for many different uses. This lot conveys with (3) three residential unit vested rights and a minimum of 2754 square feet of commercial NROGO building rights that can be either developed on the property or at another location depending on the desired redevelopment plan. These vested rights have been confirmed by the Monroe County Planning Department. In addition, the property is completely fenced with an electric gate and has all utility services available. Opportunities like this are rare and do not come often!
Listing Agent
Keller Williams Key West Compass Realty License #3045349 Listed on: 07/09/2025
Map
Property Details
Property Type
Land
Est. Annual Taxes
$2,805
Lot Details
0
Listing Details
- Property Type: Lots and Land
- Document Count: 3
- Financial Status Bank Owned: No
- Financial Status Potential Short Sale: No
- Key Island: Stock Island
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 5.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Property Group I D: 19990816212131825981000000
- Property Rights: Tranfrble Dev Right, Transfer Bldg Rights
- Side: Median
- State Province: FL
- Taxes: 2905.40
- Title: Negotiable
- Alternate Key Number: 1158593
- Lot Sq Ft: 6250.00
- Species List: Yes
- First Right of Refusal: No
- Mandatory HOA: No
- Existing Utilities: Electric on Site, Water Meter, Water Line
- Location Site: Paved Street, Cleared Site, Fenced
- Lot Dimensions: 50 x 125
- Miscellaneous Info Mobile Home Lot: No
- Miscellaneous Info Rogo W Letter: Yes
- R O G O Exempt: Yes
- Survey Available: Yes
- Tax Exemptions: None
- Vegetation Survey: No
- Water Main Inquiry File: No
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: LotsLands
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Waterview: No Waterview
Utilities
- Security: Electric Gate
Lot Info
- Deed Restrictions: No
- Flood Zone: AE
- Parcel Number: 00124470-000000
- Land Size: Less Than 1/4 Acre
- Building Permit: Other Permit
Tax Info
- Tax Year: 2024
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $2,805 | $323,297 | $323,297 | -- |
| 2023 | $2,805 | $323,297 | $323,297 | $0 |
| 2022 | $2,621 | $290,967 | $290,967 | $0 |
| 2021 | $2,675 | $290,967 | $290,967 | $0 |
| 2020 | $2,222 | $174,580 | $174,580 | $0 |
| 2019 | $2,240 | $202,500 | $202,500 | $0 |
| 2018 | $2,180 | $195,750 | $195,750 | $0 |
| 2017 | $1,824 | $113,063 | $0 | $0 |
| 2016 | $1,111 | $113,906 | $0 | $0 |
| 2015 | $1,151 | $113,906 | $0 | $0 |
| 2014 | $1,204 | $113,906 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | For Sale | $950,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | None Available | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $10,000 | Attorney | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Key West Association of REALTORS®
MLS Number: 615730
APN: 00124470-000000
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