Private Waterfront Island
For Sale
$6,499,000
7200 5th Street, Key West, FL 33040
LAND - Key West, FL
Property SizeContact for details
Lot Size54.44 Acres
Days on Market1527
Property Features for 7200 5th Street
General Information
Property type
Land
Property subtype
Other
Zoning
MU
Vegetation
Brush, Grassed
Directions
overseas highway to Stock Island.
Subdivision
5940 - Other Florida County
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
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
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Water front
1
Listing Agency:
Equestrian Sotheby's International Realty Inc.
(561) 771-2626
Listed By:
Marc Ulanowski · License #3251327
(815) 861-3559
Added: Jun 1, 2022
Changed: Aug 2
Last Checked: Aug 5 at 4:06AM
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 waterfront land offering is a private island setting with beach areas and direct mainland access via a 1/2 mile land bridge. The property is 54.44 acres and is currently used by the owners for a small farm, beekeeping, and kids’ summer camps.
Zoned MU and located in Monroe County, the island has utilities available including public water and public sewer, with cable also available. The property is positioned next to one of the largest mega yacht marinas, with easy access to Key West by way of the land bridge.
Zoned MU and located in Monroe County, the island has utilities available including public water and public sewer, with cable also available. The property is positioned next to one of the largest mega yacht marinas, with easy access to Key West by way of the land bridge.
Key Highlights
- 54.44‑acre private island with beach areas
- 1/2 mile land bridge provides mainland access
- Zoned MU
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
824
Businesses Nearby
Explore this area
Business Placement
Demographics for 33040, FL
35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - Waterfront island land zoned MU, with public water and public sewer plus cable available.
Where is this waterfront land 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: 54.44‑acre private island with beach areas; 1/2 mile land bridge provides mainland access; Zoned MU
