# 1 Seppala Way, Key Haven, FL 33040 > **TL;DR:** land, $25,000,000. > Waterfront, View. Est. $133,706/mo. Listed 882 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $25,000,000 | | Lot Size | 174,240 sqft (4.00 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 882 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed - **Views** - Water ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $126,414 | | Estimated Insurance | $7,292 | | **Total** | **$133,706** | ## Key Amenities - Waterfront - View ## Property Highlights - 4.00 acre lot - Waterfront ## Description ### Agent Description 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. ## Location - **Address:** 1 Seppala Way, Key Haven, FL 33040 - **County:** Monroe - **Neighborhood:** Key Haven 1st Add (5.0) - **Coordinates:** 24.579534, -81.728108 - **Google Maps:** https://www.google.com/maps?q=24.579534,-81.728108 ## Listing Agent - **Name:** Jenna Stauffer - **Brokerage:** Ocean Sotheby's International Realty - **Phone:** 2604332319 - **Broker Phone:** (305) 294-1117 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1-Seppala-Way_Key-West_FL_33040_M55448-81460?f=listhub&s=KWARFL&m=609597&c=propsimple) ## Photos ![1 Seppala Way - Photo 1](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f719871248r.jpg) ![1 Seppala Way - Photo 2](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f3141630126r.jpg) ![1 Seppala Way - Photo 3](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f742228168r.jpg) ![1 Seppala Way - Photo 4](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f1294726393r.jpg) ![1 Seppala Way - Photo 5](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f2753478057r.jpg) ![1 Seppala Way - Photo 6](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f1216196452r.jpg) ![1 Seppala Way - Photo 7](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f544848447r.jpg) ![1 Seppala Way - Photo 8](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f302352791r.jpg) ![1 Seppala Way - Photo 9](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f628775472r.jpg) ![1 Seppala Way - Photo 10](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f3963724493r.jpg) ![1 Seppala Way - Photo 11](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f329441704r.jpg) ![1 Seppala Way - Photo 12](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f12136369r.jpg) ![1 Seppala Way - Photo 13](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f477207345r.jpg) ![1 Seppala Way - Photo 14](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f1292261677r.jpg) ![1 Seppala Way - Photo 15](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f145841052r.jpg) ![1 Seppala Way - Photo 16](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f1140794967r.jpg) ![1 Seppala Way - Photo 17](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f2494070565r.jpg) ![1 Seppala Way - Photo 18](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f4236930194r.jpg) ![1 Seppala Way - Photo 19](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f4183352877r.jpg) ![1 Seppala Way - Photo 20](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f590886963r.jpg) ![1 Seppala Way - Photo 21](http://lh.rdcpix.com/344743009f361650833f51e96cdaa420l-f4089190787r.jpg) --- **MLS#:** 609597 | **Updated:** 2026-05-31 **Source:** listhub *Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1-seppala-way-key-haven-fl-33040-l609597) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1-seppala-way-key-haven-fl-33040-l609597#listing", "url": "https://www.propertysimple.ai/listing/1-seppala-way-key-haven-fl-33040-l609597", "name": "1 Seppala Way, Key Haven, FL 33040", "description": "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. 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