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$6,499,000 -$1,451,000 (-18.25%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • Updated 11 hours ago
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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.

Full Property Details for 7200 5th St

General

  • Price: $6,499,000
  • Taxes: $454 (2021)
  • Status: Active
  • Type: Lots/Land
  • Source: Regional
  • MLS ID: RX-10804772
  • Updated: 1/18/2026
  • Added to Site: 1, 328 day(s) ago

Location

  • Area: PB07
  • County: Monroe
  • Subdivision: None
  • Driving Directions: overseas highway to Stock Island.
  • Location Details: Beach Area, Other

Community

  • Home Owners Assn.: None

Utilities

  • Utility Description: Cable, Electric, Municipal Sewer, Public Water, Septic Sewer, Trash Removal
  • Onsite: None

Structural Information

  • Architectural Style: Vacant Land
  • Description/Design: Agricultural

Lot Features

  • Lot Size (Sq. Ft.): 2,371,316
  • Street/Road Desc.: Private Road
  • Grounds/Landscape: Brush, Grassed
  • Development Status: Undeveloped
  • Land Improvements: None
  • Potential Use: Agricultural
  • Trees/Vegetation: Mangrove, Other
  • Zoning: MU
  • Lot Description: 50+ Acres

Water Features

  • Water Front: Yes
  • Water Front Desc.: Oceanfront

Financial Considerations

  • Tax Amount: $454.86
  • Tax Year: 2021
  • Terms: Cash

Disclosures and Reports

  • Documents Avail.: Survey
  • 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
  • APN: 123910000000

Listed by Equestrian Sotheby's International Realty Inc.

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Listing agent

— 7200 5th St —

  • Equestrian Sotheby's International Realty Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 7200 5th St

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Gerald Adams Elementary School
5855 College Road, Key West, FL 33040
PK-51.4 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7200 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/18/2026
Price Reduced
$6,499,000
-18.25%
MLS
9/10/2025
Price Reduced
$7,950,000
-11.17%
MLS
1/31/2025
Price Reduced
$8,950,000
-5.79%
MLS
6/01/2022
Listed
$9,500,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7200 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$403
—
$47,785
—
2023
$404
-11%
$47,785
-4%
2021
$455
8%
$49,873
—
2022
$423
-7%
$49,873
4%
2021
$455
-65%
$47,807
-66%
2019
$1,317
-3%
$142,216
—
2018
$1,357
-83%
$142,216
-87%
2017
$8,201
2%
$1,074,762
—
2016
$8,045
19%
$1,078,609
74%
2015
$6,755
1%
$621,628
10%
2014
$6,660
19%
$565,117
10%
2013
$5,605
—
$513,743
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Equestrian Sotheby's International Realty Inc.

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  • 10
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Listed by Premium Properties R.E Service

7200 5th Street, Key West, FL 33040 (MLS# RX-10804772) is a Lots/Land property with a lot size of acres. 7200 5th Street is currently listed for $6,499,000 and was received on June 01, 2022. Want to learn more about 7200 5th Street? Do you have questions about finding other Lots/Land real estate for sale in Key West? You can browse all Key West real estate or contact a Coldwell Banker agent to request more information.

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