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For sale
  • $2,375,000

    205 S Point Dr, Sugarloaf Key, FL 33042

    5beds
    2,772sqft
    : 
    $13,569/mo
    Get pre-qualified
    Single Family Residence
    Built in 1985
    0.29 Acres Lot
    $2,244,200 Zestimate®
    $857/sqft
    $-- HOA

    What's special

    Five-bedroom four-bathroom residenceEndless turquoise viewsDesirable split-floor planExpansive living spaces
    Experience elevated waterfront living at this stunning South Point Sugarloaf Key retreat, where open-water serenity meets refined island design. This exceptional five-bedroom, four-bathroom residence is thoughtfully designed to host family and guests with ease, featuring a desirable split-floor plan and expansive living spaces framed by endless turquoise views. The primary suite is a private sanctuary, highlighted by a wall of windows that greets each morning with sweeping vistas of the open Atlantic—an ever-changing canvas of blues that defines life in the Florida Keys. Throughout the home, wall-to-wall water views create a seamless connection between indoor comfort and the surrounding seascape, offering multiple spaces to relax, entertain, and soak in the coastal atmosphere. Set on an impressive 12,500-square-foot lot, the property provides ample room for outdoor living, recreation, and plenty of room for a pool. Boaters will appreciate the 120-foot concrete seawall with davits, delivering effortless access to world-class fishing, diving, and the iconic Lower Keys sandbars. The elevated design allows the entire lower level to transform into an expansive open-air lounge and entertainment area, complemented by a generous storage room for all your boating and island gear, plus abundant parking. Located in one of the Lower Keys' most sought-after neighborhoods, this peaceful waterfront escape is just 15 minutes from Key West, offering the perfect balance of privacy and convenience. Schedule your private showing today—available in person or via live video—and discover the essence of luxury island living.
    227 days
    |
    449
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn M McComish 305-395-3300,

    LPT Realty, LLC

    Source: FLKMLS,MLS#: 617951MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven
      • Laundry: Laundry Room
      Features
      • Built-in Features, Walk-in Closet(s), Sun/Florida Room
      • Flooring: Tile
      Interior area
      • Total structure area: 2,772
      • Total interior livable area: 2,772 sqft

      Property

      Parking
      • Parking features: RV Access/Parking
      Features
      • Patio & porch: Open Porch/Balcony, Deck, Patio
      • Exterior features: Storage
      • Has spa: Yes
      • Spa features: Heated
      • On waterfront: Yes
      Lot
      • Size: 0.29 Acres
      Details
      • Parcel number: 00166976002400
      • Zoning: IS - Improved Subivision District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1985

      Community & HOA

      Community
      • Subdivision: Sugarloaf Shores (17.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Sugarloaf Key

      Financial & listing details

      • Price per square foot: $857/sqft
      • Tax assessed value: $1,704,101
      • Annual tax amount: $15,303
      • Date on market: 1/6/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $2,244,200

        $2.13M - $2.36M

        $7,609/mo

        Price history

        DateEventPrice
        1/6/2026Listed for sale$2,375,000$857/sqft
        Source: MLKAR #617951 Report a problem
        11/10/2025Listing removed$2,375,000$857/sqft
        Source: MLKAR #613114 Report a problem
        1/13/2025Listed for sale$2,375,000$857/sqft
        Source: MLKAR #613114 Report a problem
        10/23/2024Listing removed$2,375,000$857/sqft
        Source: Key West AOR #607647 Report a problem
        12/2/2023Listed for sale$2,375,000+5.6%$857/sqft
        Source: Key West AOR #607647 Report a problem
        5/22/2023Sold$2,250,000-4.3%$812/sqft
        Source: FLKMLS #603333 Report a problem
        4/24/2023Pending sale$2,350,000$848/sqft
        Source: FLKMLS #603333 Report a problem
        4/7/2023Contingent$2,350,000$848/sqft
        Source: Key West AOR #603333 Report a problem
        3/8/2023Price change$2,350,000-4.1%$848/sqft
        Source: Key West AOR #603333 Report a problem
        12/6/2022Listed for sale$2,450,000+148.7%$884/sqft
        Source: Key West AOR #603333 Report a problem
        8/18/2016Sold$985,000-7%$355/sqft
        Source: FLKMLS #571309 Report a problem
        8/9/2016Listed for sale$1,059,000$382/sqft
        Source: CENTURY 21 Schwartz Realty #571309 Report a problem
        7/19/2016Pending sale$1,059,000$382/sqft
        Source: CENTURY 21 Schwartz Realty #571309 Report a problem
        5/21/2016Price change$1,059,000-3.6%$382/sqft
        Source: CENTURY 21 Schwartz Realty #569223 Report a problem
        3/3/2016Price change$1,099,000-1.8%$396/sqft
        Source: CENTURY 21 Schwartz Realty #569223 Report a problem
        11/12/2015Price change$1,119,000-6.7%$404/sqft
        Source: CENTURY 21 Schwartz Realty #566025 Report a problem
        3/30/2015Price change$1,199,000-7.7%$433/sqft
        Source: CENTURY 21 Schwartz Realty #566025 Report a problem
        12/10/2014Listed for sale$1,299,000+116.5%$469/sqft
        Source: CENTURY 21 Schwartz Realty #566025 Report a problem
        4/17/2001Sold$600,000+53.8%$216/sqft
        Source: Public Record Report a problem
        1/14/1998Sold$390,000$141/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,304 -7.8%$1,704,101 -10.5%
        2024$16,600 +23.2%$1,904,672 +45.1%
        2023$13,471 +17.2%$1,312,716 +10%
        2022$11,495 +10.7%$1,193,378 +10%
        2021$10,388 +7.3%$1,084,889 +10%
        2020$9,678 $986,263 +10%
        2019$9,678 +11.2%$896,603 +0.2%
        2018$8,706 -2.5%$894,780 -10.9%
        2017$8,930 -9.7%$1,003,824 +8.7%
        2016$9,886 +5.3%$923,245 +50.9%
        2015$9,391 $611,901
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33042

        Getting around

        7 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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