For sale

$595,000

Est. $3,966/mo —

Land

•

7,000

sq ft (lot)

28597 Peg Leg Rd, Little Torch Key, FL 33042

About this home

Canal-front with Open Water Views on a corner lot vacant land with a building permit already in process -- Permit #SFDUP-2025-0111, holding 41.5 ROGO points. Plans are drawn for a 3,809 square-foot, four-bedroom, four-bathroom residence with open water views. A separate dock permit is also in process -- Permit #R-DOCK-2025-0302 -- along with full architectural plans, all included in the purchase. A local builder is ready to build to the buyer's specifications, with price and terms to be negotiated. Located at Mile Marker 28.5 on Little Torch Key, just 28 miles from Key West, with quick no-bridge access to open water. Buy now, build later!

Vacant landProperty Type

7,000 sq ftLot Size

$85Price/Sq.Ft.

Listed by Claudette Mell • Ocean Sotheby's International Realty

Listing updated: Jul 1, 2026 at 11:07pm

Redfin checked: 2 minutes ago

•Source:FLKMLS #620486

Payment calculator

$3,966 per month

Principal and interest$3,127

Property taxes

$75

HOA dues

Home insurance

$764

Utilities

Add

Mortgage resources

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Around this home

Schools

K - 12
Preschool & daycare

Sugarloaf School

Public PreK-8 • Assigned • 9.0mi

6/10

Key West High School

Public 9-12 • Assigned • 25.6mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
On waterfront
Open water view
Ocean view

Sale and tax history for 28597 Peg Leg Rd

Sale History
Tax History

Public record

Public record
Zoning

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

7,000 Sq. Ft.

Year renovated

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Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

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Year built

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Style

Vacant Land

County

Monroe County

APN

2866 29 00216780000000

Parking Spaces

—

Basement

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Accessible

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HOA Dues

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Garage

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Features

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Last updated by owner on Jul 10, 2026.

III

Improved Subdivision District

The purpose of the IS district is to accommodate the legally vested residential development rights of the owners of lots in subdivisions that were lawfully established and improved prior to the adoption of this LDC. For the purpose of this section, improved lots are those that are served by a dedicated and accepted existing road of porous or nonporous material, that have an approved potable water supply, and that have sufficient uplands to accommodate the proposed use in accordance with the required setbacks. This district is not intended to be used for new land use districts of this classification within the county.

Zone overlays

Tier III Overlay District

Permitted uses

Include but are not limited to:

Housing-Multiple units
Infrastructure

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

Heat Factor

We're working on getting current and accurate heat risk information for this home.

10/10 Wind Factor

99% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Little Torch Key, FL • 33042

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

96/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 16% for direct sun exposure in Little Torch Key. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.7 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 28597 Peg Leg Rd

$542,873

$52K under list price of $595K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $590K to $815K.

SOLD MAY 11, 2026
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SOLD JUN 2, 2026
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SOLD JUN 10, 2026
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SOLD APR 17, 2026
$720,000 Last sold price
3 beds2 baths1,062 sq ft
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larger lot
SOLD JUN 1, 2026
$590,000 Last sold price
3 beds1 bath960 sq ft
1258 Division St, Big Pine Key, FL 33043
larger lot
SOLD MAY 18, 2026
$720,000 Last sold price
3 beds2 baths1,410 sq ft
28151 Helen Ave, Little Torch Key, FL 33042
smaller lot

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