This private island legendary estate sits on just under 5 acres of land. It is the only private Island with direct access to AIA in Key West by a land bridge. This property is perfect for a family compound, a corporate retreat, or a seasonal home with potential monthly rental opportunity. It is the most unique offering in the Keys in generations. Built in the 1930's by the legendary Thompson Family it was passed on through the Knight Family for over 7 decades. The majestic home features breathtaking direct views of the Atlantic Ocean, a caretaker's cottage, and a 4-car garage. The 4 bedrooms, 6 bathrooms home is equipped with a large propane generator and 250,000-gallon cistern. This estate sale is being offered at appraised value.