Oharas Key Street Gulf, Saddlebunch, FL 33040 (MLS# 617377)

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: 4/30/2026

Overview

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.

Listing Details MLS# 617377

Location, Tax & Legal

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
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

Contract Information

Listing Board: Florida Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No

General Property Description

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

Miscellaneous Info

Mobile Home Lot: No

Auction Info

Auction: No

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

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

Dockage

None: Yes

Tax Exemptions

None: Yes

Waterfront

Bay Front: Yes
Gulf Front: Yes

Waterview

Bay View: Yes
Open Water View: Yes

BuildingPermit

No Permit: Yes

Land Size

10 or more Acres: Yes

Title

Title Ins - Buyer: Yes

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: April - 30 - 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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