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Off market
  • $3,140,600

    16623 Banyan Ln, Sugarloaf Key, FL 33042

    5beds
    4,078sqft
    SingleFamily
    Built in 2002
    0.59 Acres Lot
    $3,140,600 Zestimate®
    $770/sqft
    $7,826 Estimated rent

    Home value

    $3,140,600

    $2.83M - $3.52M

    $7,826/mo

    Zestimate® history
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    $19,009/mo

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    What's special

    This 4,000 sq. ft. custom built concrete 5 BR 3.5 BA Pool home sprawls over 1/2 acre point lot & is highlighted by gorgeous sunset views over Sugarloaf Sound. As you enter through the Foyer to the large Great Room beautiful Brazilian hardwood floors & soaring ceilings greet you along w/lots of glass looking out to the open water. The Chef's Kitchen offers granite counters, lots of cabinetry & breakfast nook w/wide water views. The Master Suite is complete with large bath, his/her walk-in closets & picturesque views of the bay. The 2nd story Family Room is ideal for entertaining friends & family. Guests are accommodated in the Guest Wing w/2 large Suites. The tropically landscaped grounds boasts a sparkling waterfront pool & concrete dock w/davits. 5- car Garage & metal roof & storage.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Cathedral Ceilings, Granite Counter Top, Split Bedroom, Window Treatments, Built-in Cabinets, Foyer, Storage, Walk-in Closet, Bar, Drapes/Blinds Incl, Pantry, Security System, Other, Tray Ceilings
    • Flooring: Tile, Hardwood
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total interior livable area: 4,078 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    Features
    • Exterior features: Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.59 Acres
    Details
    • Parcel number: 00166976010600
    • Zoning: IS - Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Concrete Block
    • Foundation: Piling
    • Roof: Metal
    Condition
    • Year built: 2002

    Utilities & green energy

    • Utilities for property: FKAA, Buyer to Verify, Municipal Sewer, Cable Available, Propane Gas

    Community & HOA

    Community
    • Features: On Site Laundry Available
    Location
    • Region: Sugarloaf Key

    Financial & listing details

    • Price per square foot: $770/sqft
    • Tax assessed value: $2,414,955
    • Annual tax amount: $17,200

    Price history

    DateEventPrice
    8/27/2020Sold$2,025,000-8%$497/sqft
    Source: FLKMLS #584722 Report a problem
    6/12/2020Price change$2,200,000-12%$539/sqft
    Source: Coldwell Banker Schmitt RE Co. Lower Keys Office #584722 Report a problem
    4/6/2019Price change$2,499,000-12.3%$613/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #584722 Report a problem
    3/12/2019Listed for sale$2,850,000-12.2%$699/sqft
    Source: Coldwell Banker Schmitt RE Co. Lower Keys Office #584722 Report a problem
    12/9/2018Listing removed$3,245,000$796/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #577840 Report a problem
    12/12/2017Listed for sale$3,245,000$796/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. (KW) #577840 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,200 +6.2%$1,965,433 +3.5%
    2024$16,197 +3.2%$1,898,380 +3%
    2023$15,701 +2.7%$1,843,088 +3%
    2022$15,281 -3.8%$1,789,406 +3%
    2021$15,884 -10.1%$1,737,288 -7.2%
    2020$17,664 $1,872,090 +1.1%
    2019$17,664 +2.6%$1,852,013 +13.6%
    2018$17,209 +7.9%$1,630,526 -3.8%
    2017$15,949 +1.3%$1,694,165 +5.2%
    2016$15,748 +4.8%$1,610,507 +21.9%
    2015$15,027 $1,321,165
    Find assessor info on the county website

    Neighborhood: 33042

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,140,600
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    Estimated market value
    $3,140,600