Welcome to the lowest priced waterfront lot with an active building permit on prestigious Sugarloaf Key. This oversized 14,706 sq. ft. canal-front property features no-bridge ocean access, granting you instant entry to world-class fishing, diving, and boating. Located in the premier residential enclave of the Sugarloaf Shores, this lot includes an active building permit for a custom 2,120 sq. ft., 4-bedroom, 3-bath coastal-style home with Army Corps dock approval already secured. Build today or customize plans to suit your vision. Sugarloaf Key is beloved for its larger lots, upscale homes, and stunning natural beauty. Enjoy crystal-clear water, endless mangrove creeks perfect for paddleboarding or kayaking, and the convenience of being just 15 minutes from Key West. The neighborhood is quiet, well-maintained, and filled with luxury homes offering the perfect setting for full-time living, a vacation retreat, or investment property. Opportunities like this are rare, a cleared path to build in the most coveted location in the Lower Keys. Create your ideal Florida Keys dream home now while you still can!