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Sold for $7,200,000
  • $7,200,000

    16 Sunset Key Dr, Key West, FL 33040

    4beds
    2,650sqft
    Single Family Residence
    Built in 1999
    5,662 Square Feet Lot
    $7,336,300 Zestimate®
    $2,717/sqft
    $7,253 Estimated rent

    Home value

    $7,336,300

    $6.97M - $7.70M

    $7,253/mo

    Zestimate® history
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    What's special

    A rare opportunity to own the only active listing on the most prestigious shoreline of Sunset Key — Crescent Beach. This immaculate 4-bedroom, 3.5-bath home offers direct beach access from your backyard and showcases vibrant, dramatic island flair throughout. Upon entry, you're welcomed by soaring 25-ft ceilings, a dramatic great room with a custom chandelier, and an open layout flowing into the dining area and updated chef's kitchen featuring slab granite countertops, Wolf range and oven, Sub-Zero refrigeration, and a new dishwasher. The main level also includes two bedrooms, a half bath, and a laundry room. Outside, a brand-new travertine terrace and new pool create an exceptional indoor-outdoor living experience. A private gate opens directly onto Crescent Beach, where you can enjoy peaceful mornings and spectacular nightly sunsets. Upstairs, the expansive master suite offers breathtaking waterfront views, a private porch overlooking Crescent Beach, and the serene sound of waves washing ashore. Additional features include a walk-in closet and a stunning ensuite bathroom with deep green granite countertops, a soaking tub, and a walk-in shower. A second ensuite guest room completes the upper level. Meticulously maintained by only its second owner in 20 years, this home includes significant recent upgrades: new roof, new A/C systems, new pool, and refreshed landscaping and lighting. Offered furnished with high-end island-style décor. A truly one-of-a-kind opportunity to own a turnkey luxury residence in the most coveted location on Sunset Key.

    Zillow last checked:

    Listing updated:

    Listed by:

    Hana Tomita 305-923-6344,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Bought with:

    Brenda J Donnelly, 3037635

    Brenda Donnelly Real Estate LLC

    Source: FLKMLS,MLS#: 617398MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Gas Appliances, Ice Maker, Wine Cooler, Stainless Steel Appliance(s)
    • Laundry: Laundry Room
    Features
    • Built-in Features, Granite Counters, Storage, Walk-in Closet(s)
    • Flooring: Tile, Wood, Marble
    • Furnished: Yes
    Interior area
    • Total structure area: 2,650
    • Total interior livable area: 2,650 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Lighting, Outdoor Shower, Sandy Beach, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Concrete, Decked
    • Spa features: Community
    • Fencing: Privacy
    • On waterfront: Yes
    Lot
    • Size: 5,662 Square Feet
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00000200000516
    • Zoning: SF - Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Beach, Bike Paths
    • Security: Security Guard, Security System
    • Subdivision: Sunset Key (Tank) Island Unrcd (0.0)
    HOA
    • Has HOA: Yes
    • Services included: Common Area Mnt
    • HOA fee: $11,621 quarterly
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $2,717/sqft
    • Tax assessed value: $5,718,331
    • Annual tax amount: $47,454
    • Date on market: 11/21/2025

    Price history

    DateEventPrice
    5/7/2026Sold$7,200,000-9.4%$2,717/sqft
    Source: FLKMLS #617398 Report a problem
    4/28/2026Pending sale$7,950,000$3,000/sqft
    Source: FLKMLS #617398 Report a problem
    3/3/2026Contingent$7,950,000$3,000/sqft
    Source: Key West AOR #617398 Report a problem
    11/21/2025Listed for sale$7,950,000+84.9%$3,000/sqft
    Source: Key West AOR #617398 Report a problem
    2/7/2005Sold$4,300,000$1,623/sqft
    Source: FLKMLS #94367 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$47,426 -0.1%$5,718,331 0%
    2024$47,455 +2.8%$5,719,301 +6.4%
    2023$46,171 +8.2%$5,374,966 +10%
    2022$42,677 +8.7%$4,886,333 +10%
    2021$39,244 +10.3%$4,442,121 +10%
    2020$35,582 $4,038,292 -0.3%
    2019$35,582 -1.2%$4,049,639 -1.3%
    2018$36,008 -3.4%$4,101,519 +1.2%
    2017$37,261 +1.5%$4,053,777 -2.8%
    2016$36,701 -0.9%$4,170,688 -0.8%
    2015$37,051 $4,204,162
    Find assessor info on the county website

    Neighborhood: Sunset Key

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $7,336,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,336,300