7200 5th St - Residential LAND FOR SALE


Key West, FL 33040 2,221,560 SF
$8,950,000 USD
305-304-2933
7200 5th St, Key West, FL for Sale
$8,950,000 USD
Residential LAND - FOR SALE
1/25
2,221,560 SF

7200 5th St
Key West, FL 33040


HIGHLIGHTS

  • Biggest island for development close to Key West, FL
  • Close to new marina and high end hotels
  • Residential / commercial use e.g. equestrian, therapeutic programs, farm to table, event space for concerts, weddings, parties etc.
  • Access via land bridge
  • Utmost privacy
  • Close to commercial fishing waterfront

OVERVIEW

A rare opportunity to own a private island with 50 acres and only minutes from Key West. So many possibilities. Build your own Equestrian Estate, ''The Southernmost stables''. Build you dream home up to about 25,000 sqft with a pool, tennis/ pickle ball courts, stables and more. This property is also an excellent place to host large events like concerts, weddings, farm to table / wine tastings, or possibly therapeutic programs or retreats. Beautiful beach areas. Easy to get to, as the island has access to the mainland via a ½ mile land bridge. The property is also located next to one of the largest mega yacht marinas and close to two upscale hotels. The owners used to run a small farm, bee keeping, music events, and kids summer camps on the island. One of the few places with untouched nature left in the Florida Keys. The property is 50 acres of mangrove forest, beach berms, hammocks, and upland. Please note that the adjacent water Parcel B is also listed for sale together with the island. Both parcels for $11,995,000 under MLS #608897 . Parcel B has shallow water on one side and deep water on the other with access to the Atlantic Ocean and suitable for a small Marina. Zoned MIXED USE / Commercial.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/ACRE

$175,490/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Cow Key

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Loft/Creative Space, Open Space, Single Family Development, Specialty/Festival/Entertainment, Agricultural, Pasture/Ranch, Single Family Residence

LAND ACRES

51 AC

LAND SF

2,221,560 SF

OFFSITE IMPROVEMENTS

-

ZONING

NA

APN/PARCEL ID

00123910-000000

ASK ABOUT THIS PROPERTY

Ellen GviliOcean Sotheby's International RealtyMore Info
305-304-2933

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Ellen GviliOcean Sotheby's International RealtyMore Info
305-304-2933

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.