Skip main navigation
For sale
  • $12,500,000

    32 Sunset Key Dr, Key West, FL 33040

    6beds
    3,635sqft
    : 
    $81,220/mo
    Get pre-qualified
    Single Family Residence
    Built in 2002
    6,969 Square Feet Lot
    $-- Zestimate®
    $3,439/sqft
    $4,834/mo HOA

    What's special

    Oceanfront estatePrivate beachSix ensuite bedroomsFully equipped outdoor kitchenSolid oak floorsCoffered wood-paneled ceilingsTumbled marble
    A distinguished offering on one of Key West's most coveted private island enclaves, 32 Sunset Key Drive embodies the ease, elegance, and exclusivity of waterfront living. One of the largest custom residences on Sunset Key, this 3,635-square-foot oceanfront estate was conceived by its original owners with an unwavering commitment to craftsmanship, comfort, and detail. Set beside its own private beach, the home features six ensuite bedrooms and seven full baths, creating a refined retreat designed for gracious hosting and effortless relaxation. Inside, coffered wood-paneled ceilings, tumbled marble, and solid oak floors lend depth, texture, and timeless coastal sophistication. Expansive living, dining, and kitchen spaces open naturally to the outdoors, blurring the line between interior comfort and the island's spectacular waterfront setting. Beyond, a custom rock pool with a hot tub and two-story slide evokes the atmosphere of a private resort, while a fully equipped outdoor kitchen, full bath, shower, and laundry facility elevate every gathering with ease and intention. Hop on the five minute ferry ride to your island paradise, enjoy the fabulous spa and dine at the acclaimed restaurant Latitudes. Truly, this is a one of a kind opportunity for the discerning buyer.
    17 days
    |
    4,992
    |
    175
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    J. Michael Caron 508-269-8565,

    Keller Williams Key West Compass Realty

    Source: FLKMLS,MLS#: 620770MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 7
      • Full bathrooms: 7
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: More Appliances, Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Disposal, Ice Maker, Wine Cooler
      Features
      • Built-in Features, Walk-in Closet(s), Bar
      • Flooring: Tile, Wood, Marble
      • Furnished: Yes
      Interior area
      • Total structure area: 3,635
      • Total interior livable area: 3,635 sqft

      Property

      Features
      • Patio & porch: Open Porch/Balcony, Roof Top Deck, Patio
      • Exterior features: Bar, Lighting, Outdoor Kitchen, Outdoor Shower, Storage, Tennis Court(s)
      • Has private pool: Yes
      • Pool features: In Ground, Concrete
      • Has spa: Yes
      • Spa features: Heated, Community
      • Fencing: Fenced
      • On waterfront: Yes
      Lot
      • Size: 6,969 Square Feet
      Details
      • Additional structures: Guest House
      • Parcel number: 00000200000530
      • Zoning: HPRD - Hist Planned Redevelopment & Dev Dist
      • Other equipment: Irrigation Equipment

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Frame
      Condition
      • Year built: 2002

      Utilities & green energy

      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Clubhouse, Fire Hydrant, Beach
      • Security: Security Guard, Security System
      • Subdivision: Sunset Key (Tank) Island Unrcd (0.0)
      HOA
      • Has HOA: Yes
      • Services included: Common Area Mnt, Security, Other
      • HOA fee: $14,502 quarterly
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $3,439/sqft
      • Tax assessed value: $6,582,727
      • Annual tax amount: $54,194
      • Date on market: 7/28/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/28/2026Listed for sale$12,500,000+59.2%$3,439/sqft
        Source: FLKMLS #620770 Report a problem
        7/29/2022Sold$7,850,000-7.1%$2,160/sqft
        Source: FLKMLS #596393 Report a problem
        7/22/2022Pending sale$8,450,000$2,325/sqft
        Source: MIAMI #A11243622 Report a problem
        7/19/2022Listed for sale$8,450,000$2,325/sqft
        Source: MIAMI #A11243622 Report a problem
        7/18/2022Pending sale$8,450,000$2,325/sqft
        Source: FLKMLS #596393 Report a problem
        5/4/2022Listed for sale$8,450,000$2,325/sqft
        Source: Key West AOR #596393 Report a problem
        4/29/2022Contingent$8,450,000$2,325/sqft
        Source: Key West AOR #596393 Report a problem
        4/22/2022Listed for sale$8,450,000$2,325/sqft
        Source: Key West AOR #596393 Report a problem
        3/19/2022Contingent$8,450,000$2,325/sqft
        Source: Key West AOR #596393 Report a problem
        3/17/2022Pending sale$8,450,000$2,325/sqft
        Source: MIAMI #A11061792 Report a problem
        6/7/2021Listed for sale$8,450,000+668.2%$2,325/sqft
        Source: FLKMLS #596393 Report a problem
        6/16/2000Sold$1,100,000$303/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$54,195 -0.2%$6,582,727 -0.2%
        2024$54,326 +1.5%$6,594,985 +3%
        2023$53,543 +2.5%$6,402,899 +6.1%
        2022$52,246 +8.1%$6,033,179 +10%
        2021$48,346 +9.9%$5,484,708 +9.6%
        2020$44,008 $5,003,071 -7%
        2019$44,008 -7.8%$5,377,229 +6.4%
        2018$47,710 +4%$5,055,685 +3.4%
        2017$45,858 +1.5%$4,890,968 -3.4%
        2016$45,170 +2%$5,060,951 -1.3%
        2015$44,302 $5,125,412
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sunset Key

        Getting around

        34 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts