Oharas Key Street Gulf, Saddlebunch, FL 33040

$1,499,000

Property Type: Vacant Land Lot Size (sq. ft.): 1,655,273 Status: Active

Current Price: $1,499,000 List Date: 11/19/2025 Last Modified: 2/21/2026

Description

A once-in-a-lifetime opportunity to own a spectacular 61.1-acre private island in the Florida Keys. Perfectly situated on the bay side near prestigious Shark Key, this property offers unmatched privacy while remaining just minutes from the vibrant attractions, dining, and amenities of Key West. Expansive 61.1 acres of untouched island paradise. Huge opportunity for ROGO dedication with the possibility of up to 250 ROGO points under county guidelines. Whether you envision a secluded retreat, a destination resort, or a conservation project, the possibilities are extraordinary.

More Information MLS# 617377

Contract Information

Listing Board: Florida Keys Limited Representation: No Potential Short Sale: No Bank Owned: No Current Price: $1,499,000 Listing Date: 2025-11-19 List Price: $1,499,000

Location, Tax & Legal

City: Saddle Bunch Off Shore Island: Yes Mile Marker: 14 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE,VE,VE,VE,VE Alternate Key #: 1148903 Parcel #: 00117020-000000 Zoning: OS - Offshore Island District Deed Restrictions: Unknown Legal: 14 67 26 OHARAS KEYS LOT 2 G56-129 OR839-1223 OR1366-1366 OR3150-1896 Taxes: 25.41 Tax Year: 2024 Street Name: Oharas Key Street Suffix: Street Gulf Key/Island: Saddlebunch State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Saddlebunch Shores (14.0) Area: 06 - Bay Point to Sugarloaf

General Property Description

Realtor.COM Type: Vacant Land Waterfront: Yes Control Depth: 0 Lot SqFt: 1655273 Survey Available: Yes

Remarks & Misc

Remarks – Consumer: A once-in-a-lifetime opportunity to own a spectacular 61.1-acre private island in the Florida Keys. Perfectly situated on the bay side near prestigious Shark Key, this property offers unmatched privacy while remaining just minutes from the vibrant attractions, dining, and amenities of Key West. Expansive 61.1 acres of untouched island paradise. Huge opportunity for ROGO dedication with the possibility of up to 250 ROGO points under county guidelines. Whether you envision a secluded retreat, a destination resort, or a conservation project, the possibilities are extraordinary. Directions: Accessible by boat from Shark Key Public Boat Ramp at MM 11.

Assoc/Misc Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Miscellaneous Info

Mobile Home Lot: No

Dockage

None: 1

Tax Exemptions

None: 1

Waterfront

Bay Front: 1 Gulf Front: 1

Waterview

Bay View: 1 Open Water View: 1

BuildingPermit

No Permit: 1

Land Size

10 or more Acres: 1

Title

Title Ins - Buyer: 1

Auction Info

Auction: No

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Tax Exemptions: None Waterfront: Bay Front; Gulf Front Dockage: None Waterview: Bay View; Open Water View BuildingPermit: No Permit Land Size: 10 or more Acres Title: Title Ins - Buyer

Listing Office: Venture Realty Group

Last Updated: February - 21 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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