- 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.
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.