7200 5th St

2,371,316 / 54.44
Lot Size / Acres

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...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.
  1. Listed by Marc Darren Ulanowski • Brokerage DRE #1066897 • Equestrian Sotheby's International Realty Inc.
    P: (815)-861-3559 C: (815)-861-3559 marculanowski@cs.com

Property Details for 7200 5th Street

Waterfront Details
Ocean
Waterfront
Yes
Style
WF/No Ocean Access
Subdivision
none
LISTING UPDATED: 03/16/2026 10:05 AM

Property Details for 7200 5th Street

StatusActive
MLS #R10804772
Days on Market1237
Taxes$455 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand & Docks / Agriculture
Year Built-
Lot Size54.44 AC
CountyMonroe County

Location

Listing Courtesy of Equestrian Sotheby's International Realty Inc.
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Building Information for 7200 5th Street

Lot Size54.44 AC

Payment Calculator

$31,578 per month

30 year fixed, 6.11% Interest

Principal and Interest

$31,540

Property Taxes

$38

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7200 5th Street

Summary
Location and General Information
  • Area: 5940 - Other Florida County, 5940
  • City and Location Text: Key West
  • County Land Code: Monroe County
  • County Or Parish: Monroe County
  • Front Exp: Southeast
  • Front Exposure: Southeast
  • Geo Lat: 24.559852
  • Information Available: Survey
  • Location: Beach Access, Other
  • MLS Area: 5940 - Other Florida County, 5940
  • Postal Code: 33040
  • State: FL
  • Street #: 7200
  • Subdivision Complex Bldg: none
  • Complex Name: none
  • Zoning: MU
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: 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
  • Parcel ID: 00123910000000
  • Tax Year: 2021
Property
Lot Information
  • Acreage Description: 10 Or More Acre Lot
  • Acres: 54.44
  • Lot Square Footage: 2371316.0
  • Trees: Mangroves, Other
  • Property Type: Land & Docks, Agriculture
Property and Assessments
  • Avail Docs: Survey
  • Construction Type: Agriculture
  • Develop Status: Raw Land
  • Document Count: 0
  • Ground Cover: Brush, Grassed
  • Ground Cover Description: Brush, Grassed
  • 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
  • Type: Agriculture
Utilities
  • Cable Available: Yes
  • On Site Utilities: Cable Available, Electricity Available, Sewer Available, Water Available, None
  • Sewer Description: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available, None
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Guest Accommodations: No
Interior Features
  • Baths Total: 0
Multi Family
Income & Expenses
  • Exp Incl Pool Service: No
Rental
Rental Information
  • DXORIGMLNO: RML

Property History for 7200 5th Street

DateEvent & SourcePriceAppreciation
Jan 18, 2026

Price Change

Beaches MLS #R10804772

$6,499,000
Dec 2, 2023

Listed (Active)

Beaches MLS #R10804772

$9,500,000
Jun 28, 2023

Listed (Active)

FKMLS #601267

$6,499,000
Jun 26, 2023

Backup Contract

FKMLS #601267

Jun 21, 2023

Pending

FKMLS #601267

Jun 1, 2022

Price Change

FKMLS #601267

$9,500,000
Jun 1, 2022

Price Change

FKMLS #601267

$8,950,000
Jun 1, 2022

Price Change

FKMLS #601267

$7,950,000
Jun 1, 2022

Listed (Active)

FKMLS #601267

$6,499,000
Feb 16, 2022

Temp Off Market

FKMLS #592551

Sep 14, 2020

Listed (Active)

FKMLS #592551

$8,950,000
DateEvent & SourcePrice
01/18/2026

Price Change

Beaches MLS #R10804772

$6,499,000
12/02/2023

Listed (Active)

Beaches MLS #R10804772

$9,500,000
06/28/2023

Listed (Active)

FKMLS #601267

$6,499,000
06/26/2023

Backup Contract

FKMLS #601267

06/21/2023

Pending

FKMLS #601267

06/01/2022

Price Change

FKMLS #601267

$9,500,000
06/01/2022

Price Change

FKMLS #601267

$8,950,000
06/01/2022

Price Change

FKMLS #601267

$7,950,000
06/01/2022

Listed (Active)

FKMLS #601267

$6,499,000
02/16/2022

Temp Off Market

FKMLS #592551

09/14/2020

Listed (Active)

FKMLS #592551

$8,950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7200 5th Street

Taxable ValueLand$47,785Additions-Total$47,785
Tax Record2024$403 ($34 / month)
Home Facts
Beds0Lot Size1,687,079 SqFtStyleResidentialCountyMONROEAPN00123910-000000

Schools near 7200 5th Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Gerald Adams Elementary School
PublicPK to 5

Key West High School
Public9 to 12

The College Of The Florida Keys Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7200 5th Street is a 54.44 ac of land for sale in Key West, FL 33040. This property was listed for sale on December 2, 2023 by Equestrian Sotheby's International Realty Inc., it's currently listed at $6,499,000. This listing's school district is Monroe. Nearby schools include Gerald Adams Elementary School, Lower Keys Academic Connections for Excellence and Key West High School. 7200 5th Street is a 0-bed, 0-bath, 54.44 ac of land on a 2,371,316 sq. ft. / 54.44 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Equestrian Sotheby's International Realty Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.