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1 Seppala Way, Key Haven, FL 33040

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For Sale

$15,000,000

Estimated Payment

$ 78,472 /mo. †

6.65% APR for 30 yrs.
$17,230 in taxes
Change Loan Terms

  • Other Residential
    Property type

Explore this Property

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.
MLS# 609597

Courtesy Of Ocean Sotheby's International Realty

(305) 294-1117

Property Features

  • Amenities
    Water Front
  • Architecture Style
    Other
  • View Type
    Water

Map and Directions

Directions to 1 Seppala Way, Key Haven, FL 33040

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Circle

(305) 292-2921
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $77,036
  • Property Taxes
    $1,435
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $78,472

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Gerald Adams Elementary School

Grades PK-5 Public School

Key West, FL 33040 1.1 miles
5855 college rd

557 total students
13:1 Student teacher ratio

School Rating: D-

School Details

Key West High School

Grades 9-12 Public School

Key West, FL 33040 3.5 miles
2100 flagler ave

1252 total students
16:1 Student teacher ratio

School Rating: C+

School Details
Other Nearby Schools Distance Type Grades School Rating
Poinciana Elementary School 2.6 miles Public PK-5 B
Sigsbee Charter School 2.9 miles Public KG-8 B
Grace Lutheran 3 miles Private PK-7
Lower Keys Academic Connections For Excellence 3.5 miles Public 6-12
Somerset Island Preparatory 3.6 miles Public 9-12 B-
Keys Center 4 miles Public 7-12
Horace O'bryant School 4 miles Public PK-8 D+
May Sands Montessori School 4.2 miles Public PK-8 C+
Montessori Children's School Of Key West 4.3 miles Private PK-5
Monroe Virtual Academy (course Offerings) 4.5 miles Public 6-12
Monroe Virtual Instruction Program (district Provided) 4.5 miles Public KG-5
Upper Keys Academic Connections For Excellence 4.5 miles Public 6-12
Monroe Virtual Franchise 4.5 miles Public 5-12
Monroe Virtual Instruction Program 4.5 miles Public KG-12 D-
The Basilica School 4.7 miles Private PK-8

Poinciana Elementary School

Distance: 2.6 miles

Type Public

Grades: PK-5

B

Sigsbee Charter School

Distance: 2.9 miles

Type Public

Grades: KG-8

B

Grace Lutheran

Distance: 3 miles

Type Private

Grades: PK-7

Lower Keys Academic Connections For Excellence

Distance: 3.5 miles

Type Public

Grades: 6-12

Somerset Island Preparatory

Distance: 3.6 miles

Type Public

Grades: 9-12

B-

Keys Center

Distance: 4 miles

Type Public

Grades: 7-12

Horace O'bryant School

Distance: 4 miles

Type Public

Grades: PK-8

D+

May Sands Montessori School

Distance: 4.2 miles

Type Public

Grades: PK-8

C+

Montessori Children's School Of Key West

Distance: 4.3 miles

Type Private

Grades: PK-5

Monroe Virtual Academy (course Offerings)

Distance: 4.5 miles

Type Public

Grades: 6-12

Monroe Virtual Instruction Program (district Provided)

Distance: 4.5 miles

Type Public

Grades: KG-5

Upper Keys Academic Connections For Excellence

Distance: 4.5 miles

Type Public

Grades: 6-12

Monroe Virtual Franchise

Distance: 4.5 miles

Type Public

Grades: 5-12

Monroe Virtual Instruction Program

Distance: 4.5 miles

Type Public

Grades: KG-12

D-

The Basilica School

Distance: 4.7 miles

Type Private

Grades: PK-8

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Key Haven, FL 33040

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Key Haven, FL 33040

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are above the national average.

89° August
Hottest Average Month
65° January
Coldest Average Month
14,256 Total Households in Area
-2.9% Increase in population since the year 2010
23%
of households
have children
14 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Key Haven, FL 33040

Key Haven, FL 33040 has a population of 31,758 people in 14,256 households with a median age of 43.9 years old.

-2.9%
Decrease in population
since the year 2010
Population is Trending down
13,852
Total households as of 2010
4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.9 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 63%
Hispanic 26%
Black 11%
Other 6%
Asian 2%
Native American <1%
The most prevalent ethnicity is White at 63%, followed by Hispanic at 26%, Black at 11%, and Other at 6%.

Economics
for Key Haven, FL 33040

221 /sq mi
Population Density
$80,110 /yr
Median Household Income
$1,150,000
Median Sales Price
14 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.85% of the households.

Transportation to Work

  • Drive 69%
  • Walk or Bike 21%
  • Work from Home 7%
  • Public Transit 0%

Occupancy by Type

Rented 7,815 45%
Owned 6,441 37%
Vacant 3,153 18%

White vs Blue Collar Jobs







White Collar 70%
Blue Collar 30%

Family & Education Facts
for Key Haven, FL 33040

43.9 Median Age

Average Household Size

2.2
persons per
household

42%

Married Households

Community Population By Education

High School Graduate 29%
Bachelors Degree 23%
Some College 19%
Graduate Degree 14%
Some High School 8%
Associates Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 29.04% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
23% of households have children

Weather
for Key Haven, FL 33040

The weather for this area ranges from a high of 89° F in August to a low of 65° F in January

89° August
Hottest Average Month
65° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
65°
75°
Feb
66°
76°
Mar
69°
79°
Apr
72°
82°
May
76°
85°
Jun
78°
88°
Jul
79°
89°
Aug
79°
89°
Sep
78°
88°
Oct
75°
84°
Nov
71°
80°
Dec
67°
76°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Key Haven, FL 33040!
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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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