Marketing a private island in South Florida

At the southernmost point of the US a private island is for sale
  • Ballast Key, nine mile south of Key West, is for sale for $15,800,000.
  • The property has hosted literary and cultural notables over the years.
  • The private island market did not see the same downturn as did other parts of the real estate market.

The real estate event of the summer
Connect with other top producing agents at Connect SF, Aug 7-11, 2017

What is it like to sell a private island? And, not only any private island - one with a storied past? Listed now is Ballast Key, truly the southernmost point in the U.S., as it is nine miles south of Key West. The island is private - only accessible by boat or helicopter. It comprises 26 acres, with a primary home of 3,904 square feet, which includes eight bedrooms, five full and three half baths. The master suite is meticulously designed in such a way that it provides both sunrise and sunset views. It is the only private island within the Key West National Wildlife Reserve. The closest neighbors are eight miles away. Self-sufficiency is the mantra here, as the island has its own desalination facility. But if company comes calling, there is a three-bedroom guest house close by. The tranquil home has attracted quite the list of glitterati over time, and even had a cameo in the James Bond movie License to Kill. The island’s owner, Key West stalwart David Wolkowsky, h...