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$8,950,000

7200 5th St Key West, FL 33040

Land

Property details

About 7200 5th St

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.

Highlights

StatusActive
MLS #RX-10804772
WaterfrontOcean Front

Summary

  • Waterfront: Ocean Front
  • List Price: $8,950,000
  • Annual Tax Amount: $404
  • Tax Year: 2023
  • Directions: overseas highway to Stock Island.
  • MLS Number: RX-10804772
  • Office Name: Equestrian Sotheby's International Realty Inc.
  • Office Phone: (561) 771-2626
  • Listing Agent: Marc Darren Ulanowski
  • Agent Phone: (815) 861-3559

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/31/2025, 5:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$47,785$404
2022$49,873$423
2021$49,873$423

History based on county public records data.

Nearby schools

6

Poinciana Elementary School

Public District PK-5

0.8 mi

1407 Kennedy Dr

2

Gerald Adams Elementary School

Public District PK-5

2.5 mi

5855 College Rd

9

Big Pine Academy

Public Charter PK-5

27.3 mi

30220 Overseas Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,833. Residents of Key West, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

28%
<35k
40%
35k-100k
29%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
9%
Single, with Kids
23%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
5%
12-17 yrs old
21%
18-34 yrs old
53%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Minor League Baseball GamesMinor League Baseball Games
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • New York & CompanyNew York & Company
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Chick-fil-AChick-fil-A
  • QdobaQdoba

What do the neighbors drive?

  • MazdaMazda
  • KiaKia
  • InfinitiInfiniti

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • Active RockActive Rock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7200 5th St

The listing price of 7200 5th St property is $8,950,000.

The property 7200 5th St is land located in Key West, Florida, 33040.

Active Listing: 7200 5th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7200 5th St are: Poinciana Elementary School (GreatSchools Rating 6/10), Gerald Adams Elementary School (GreatSchools Rating 2/10), Big Pine Academy (GreatSchools Rating 9/10), Horace O'Bryant School (GreatSchools Rating 3/10), May Sands Montessori School (GreatSchools Rating 5/10), Sigsbee Charter School (GreatSchools Rating 7/10), Somerset Island Preparatory (GreatSchools Rating 6/10), Key West High School (GreatSchools Rating 5/10), Monroe Virtual Instruction Program (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $404 (source: MLS/based on county public records data).

This home is located at 7200 5th St in Key West, FL and zip code 33040. Features: 0 bathroom. It has been listed on Rocket Homes since June 1, 2022 and is currently priced at $8,950,000.

In June 2025 more than 2 listings in Key West, FL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 35 were sold below. The number of homes for sale in Key West, FL increased by 2% between May and June 2025. The median list price of listings available in June 2025 was $1,100,000, while the average time on the real estate market was 91 days.

From Rocket Homes Real Estate and based on county public records data.

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