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7200 5th Street, Key West, FL, 33040
Private Island Near Key West

7200 5th Street Key West, FL 33040

For Sale
$6,499,000

LAND - Key West, FL

Lot Size54.44 Acres
Days on Market1514

Property Features for 7200 5th Street

General Information

Property type
Land
Property subtype
Other
Zoning
MU
Vegetation
Brush, Grassed
Standard status
Active
APN
00123910000000
Lot size
54.44 Acres

Taxes and HOA fees

Tax Year
2021
Tax 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
Tax Annual Amount
455

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Water front
1
Listing Agency: Equestrian Sotheby's International Realty Inc.
Listed By: Marc Ulanowski · License #3251327
Added: Jun 1, 2022 Changed: May 13 Last Checked: Jul 23 at 2:06PM
MLS# R10804772

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 54.44-acre island property presents a rare opportunity, located just minutes from Key West. Accessible via a 1/2 mile land bridge, the island offers convenient access to the mainland. The property's location is near one of the largest mega yacht marinas and upscale hotels. Currently, the owners operate a small farm, engage in beekeeping, and host kids' summer camps on the island. The zoning is MU. The island features beautiful beach areas and untouched natural landscapes, making it a unique location in the Florida Keys. Potential uses include a private equestrian estate, such as "The Southernmost Stables," or hosting large events, therapeutic programs, or retreats.

Key Highlights

  • Private island minutes from Key West
  • Access to mainland via 1/2 mile land bridge
  • Untouched nature in the Florida Keys

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lost Beach at Island ... Food Processing Plant

Suggested Use

Law Firm Nail Salon Dental Office Hair Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store Parking Lot & Garage Bakery Barber Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Farm - Rare 54.44-acre island property with mainland access near Key West.
Where is this farm located?
The property is located at 7200 5th Street Key West, FL.
What is the asking price?
The asking price for this property is $6,499,000.
What are key features of this property?
This property features: Private island minutes from Key West; Access to mainland via 1/2 mile land bridge; Untouched nature in the Florida Keys
More about this property
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