5617200 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
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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