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7200 5th Street, Key West, FL 33040

$6,499,000
Property Type: Land & Docks Lot Size (sq. ft.): 2,371,316 Status: Active
Current Price: $6,499,000 List Date: 12/02/2023 Last Modified: 4/09/2026

Description

A rare opportunity to own a private island minutes from Key West. There are so many possibilities. A private equestrian estate, ''The Southernmost Stables ''. This property would be an excellent place to host large events or possibly therapeutic programs or retreats.Beautiful beach areas. Easy to get to, as the island has access to the mainland via a 1/2 mile land bridge. The property is also located next to one of the largest mega yacht marinas and close to upscale hotels. The owners currently run a small farm, bee keeping and kids summer camps on the island. One of the few places with untouched nature left in the Florida Keys.

More Information MLS# R10804772

Contract Information

Comp Sale YN: No LP/Acre: 119383.74 Listing Date: 2022-06-01 Status: Active Original List Price: 9500000 List Price: $6,499,000 Current Price: $6,499,000

Location and Legal

County Or Parish: Monroe County Parish Name: Monroe City Name: Key West Postal Zip: 33040 Country: United States Street Number: 7200 Street Name: 5th Street Suffix: Street State Or Province: FL Postal Code: 33040 Subdivision Name: none Area: 5940 - Other Florida County Parcel Number: 00123910000000 Zoning: MU Directions: overseas highway to Stock Island.

General Property Information

LP/SqFt: 2.74 Property Sub Type: Agriculture Lot Size Acres: 54.44 Lot Size Square Feet: 2371316 Waterfront YN: 1 Direction Faces: Southeast

Office/Member Information

DXORIGMLSID: RML

Short Sale Details

Short Sale Addendum: No

Documents Available

Survey: 1

Current Use

Agricultural: 1

Development Status

Raw Land: 1

Location of Property

Beach Access: 1 Other: 1

Sewer

Public Sewer: 1

Trees

Mangroves: 1 Other: 1

Utilities

Cable Available: 1 Electricity Available: 1 Sewer Available: 1 Water Available: 1 None: 1

Vegetation

Brush: 1 Grassed: 1

Listing Terms

Cash: 1

Road Frontage Type

Private Road: 1

Water Source

Public: 1

Waterfront Features

Ocean Front: 1

Showing Requirements

Call Listing Agent: 1

Acreage Description

10 Or More Acre Lot: 1

Financial Information

Tax Year: 2021 Tax Annual Amount: 454.86 Tax Legal Description: 2 68 25 / 35 67 25 COW KEY ALL FRACTIONAL OR52-425 OR214-82 OR495-942 OR785-676 OR826-91 OR901-1100 OR1349-624 OR1364-20

Status Change Information

Major Change Timestamp: 2026-01-18T21:32:43Z Major Change Type: Price Reduced Price Change Timestamp: 2026-01-18T21:32:43Z Status Change Date: 2023-12-02

Originating Details

Originating System Key: 20220524212110672500000000 Originating System ID: M00000170

Property Features

Current Use: Agricultural Development Status: Raw Land Documents Available: Survey Location of Property: Beach Access; Other Sewer: Public Sewer Trees: Mangroves; Other Utilities: Cable Available; Electricity Available; Sewer Available; Water Available; None Vegetation: Brush; Grassed Listing Terms: Cash Road Frontage Type: Private Road Water Source: Public Waterfront Features: Ocean Front Showing Requirements: Call Listing Agent Acreage Description: 10 Or More Acre Lot
Listing Office: Equestrian Sotheby's International Realty Inc.
Last Updated: April - 09 - 2026
7200 5th Street, Key West, FL 33040- MLS# R10804772
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