Agricultural property in 7200 5th Street, Key West, FL 33040 for sale with MLS# R10804772

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.

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7200 5th Street, Key West, FL 33040

Price
Price:
$6,499,000.00
Original List Price:
$9,500,000.00
List Price per Sq Ft (Calculated, Approx.):
$2.74
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Agriculture
Description of Last Important Update:
Price Reduced
Last Major Update on:
January 18, 2026 9:32 pm
Measures
Lot Area:
2,371,316 Sqft
Lot Size Unit:
Acres
Lot Size Acres:
54.4379
Property Features
Waterfront:
Yes
Waterfront Features:
Ocean Front
Current Use:
Agricultural
Vegetation and Trees:
Other, Mangroves
Property Entrance Faces:
Southeast
Construction
Road Frontage Type:
Private Road
Taxes and Expenses
Tax Annual Amount:
$454.86
Tax Year:
2021
Utilities
Sewer:
Public Sewer
Utilities Available:
None, Cable Available, Electricity Available, Sewer Available, Water Available
Water Source:
Public
Community
Subdivision Name:
none
Senior Community:
No
Development Status:
Raw Land
Terms
Documents Available:
Survey
Listing Terms Considered by Seller:
Cash
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
00123910000000
Zoning:
MU
Listing History
Active on the market since:
December 2, 2023
Listing Agreement executed on:
June 1, 2022
Price change occurred on:
January 18, 2026 9:32 pm
Listing Status Last Changed On:
December 2, 2023 10:56 pm
Photos updated on:
September 10, 2025 7:27 pm
Last Modified:
April 9, 2026 7:36 am
Additional Information
Courtesy of:
Equestrian Sotheby's International Realty Inc.
Attribution:
Not provided
Location
Street Name:
5th
Street Number:
7200
City:
Key West
State:
Florida
Zip Code:
33040
County:
Monroe
Latitude:
N24° 33' 35.5''
Longitude:
W82° 15' 29.7''
Street Suffix:
Street
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $79,038
Median Home Value $766,400
Median Rent $2,079/mo
Median Age 44
Population 36,091

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This listing can also be located in the MLS system as RX-10804772
Association of REALTORS®
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