A LEGACY KEYS BAYFRONT PROPERTY OFFERING ENJOYMENT TODAY AND ENDLESS POSSIBILITIES FOR TOMORROW! Preserve and enhance the charm of a Florida Keys homestead, or reimagine the property to fit your future vision, with immediate use short-term and strong long-term investment potential. The rare double lot spans nearly one acre on a prime point of land along Florida Bay. With over 200 feet of improved shoreline, this property nearly doubles the width of typical waterfront parcels. Tucked away among native hardwoods at the Southern edge of Key Largo and the Village of Islamorada, this parcel offers exceptional privacy with both sunrise and sunset views. Features include a sandy beach, a cut-in boat basin with deep-water channel access, 2 ramps for launching pleasure watercraft, a resort-style pool, a concrete pier, aquarium-like waters with crystal-clear blue tones, and a sandy bay bottom teeming with marine life. The existing 4BD/2BA concrete residence provides instant enjoyment and valuable building rights, allowing you to create a custom waterfront retreat without waiting for a Monroe County ROGO allocation. A rare opportunity for a family compound or legacy estate in one of the Upper Keys' most unique bayfront settings.
Under contract
Price cut: $200K (5/14)
$4,650,000
36 Sunset Rd, Key Largo, FL 33037
4beds
1,872sqft
Single Family Residence
Built in 1962
0.91 Acres Lot
$4,631,200 Zestimate®
$2,484/sqft
$-- HOA
What's special
Resort-style poolExceptional privacySandy beachSunrise and sunset views
- 225 days |
- 1,359 |
- 74 |
Zillow last checked:
Listing updated:
Listed by:
Karan Moeller, PA 305-522-2857,
Ocean Sotheby's International Realty
Source: FLKMLS,MLS#: 616004
Originating MLS: Florida Keys
Originating MLS: Florida KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric, Ductless
Cooling
- Central Air, Ductless, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Granite Counters, Storage, Utility Room
- Flooring: Tile, Combination, Carpet
- Doors: French Doors
- Windows: Drapes/Blinds Incl, Accordion, Other
Interior area
- Total interior livable area: 1,872 sqft
Video & virtual tour
Property
Parking
- Parking features: Open, Trailer Storage, RV Parking Open, Guest
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony, Deck, Patio
- Exterior features: Sandy Beach, Outdoor Shower, Lighting, Boat Slip
- Has private pool: Yes
- Pool features: In Ground, Decked, Concrete
- Fencing: Fenced
- Has view: Yes
- View description: Bay/Gulf View, Water
- Has water view: Yes
- Water view: Bay/Gulf View,Water
- Waterfront features: Bay Front, Open Water, Gulf Front, Waterfront, Sandy Beach, Seawall: Concrete, Dock: Concrete, Dockage: Boat Ramp, Boat Slip
Lot
- Size: 0.91 Acres
- Features: 1/2 - Less Than 1 AC
Details
- Additional structures: Workshop, Chickee Hut, Shed(s)
- Parcel number: 00490880000000
- Zoning: IS
- Zoning description: Improved Subivision District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1962
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Municipal Sewer, Public Sewer
- Water: Water Separate Meter
- Utilities for property: FKAA, Cable Available, Cable Connected
Community & HOA
Community
- Features: Community Boat Ramp
- Subdivision: Sunset Point (95.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $2,484/sqft
- Tax assessed value: $4,812,728
- Annual tax amount: $8,382
- Date on market: 10/30/2025
- Listing terms: Seller Finance Psble
Estimated market value
$4,631,200
$4.40M - $4.86M
$5,588/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Contingent | $4,650,000$2,484/sqft |
Source:  Key West AOR #616004 Report a problem | ||
| 5/14/2026 | Price change | $4,650,000-4.1%$2,484/sqft |
Source: Key West AOR #616004 Report a problem | ||
| 2/17/2026 | Price change | $4,850,000-2%$2,591/sqft |
Source:  FLKMLS #616004 Report a problem | ||
| 12/3/2025 | Price change | $4,950,000-6.6%$2,644/sqft |
Source: Key West AOR #616004 Report a problem | ||
| 10/30/2025 | Listed for sale | $5,300,000$2,831/sqft |
Source: Key West AOR #616004 Report a problem | ||
| 10/20/2025 | Listing removed | $5,300,000$2,831/sqft |
Source: FLKMLS #613012 Report a problem | ||
| 9/29/2025 | Pending sale | $5,300,000$2,831/sqft |
Source: FLKMLS #616004 Report a problem | ||
| 8/1/2025 | Price change | $5,300,000-2.8%$2,831/sqft |
Source: FLKMLS #613012 Report a problem | ||
| 5/30/2025 | Price change | $5,450,000-3.5%$2,911/sqft |
Source: FLKMLS #610583 Report a problem | ||
| 5/27/2025 | Listed for sale | $5,650,000$3,018/sqft |
Source: Key West AOR #610583 Report a problem | ||
| 4/25/2025 | Contingent | $5,650,000$3,018/sqft |
Source: Key West AOR #610583 Report a problem | ||
| 4/2/2025 | Price change | $5,650,000-4.2%$3,018/sqft |
Source: Key West AOR #613012 Report a problem | ||
| 1/7/2025 | Price change | $5,895,000-1.7%$3,149/sqft |
Source: Key West AOR #610583 Report a problem | ||
| 9/20/2024 | Price change | $5,995,000-2.5%$3,202/sqft |
Source: Key West AOR #610583 Report a problem | ||
| 7/29/2024 | Listed for sale | $6,150,000$3,285/sqft |
Source: Key West AOR #610583 Report a problem | ||
| 7/19/2024 | Contingent | $6,150,000$3,285/sqft |
Source: Key West AOR #610583 Report a problem | ||
| 6/28/2024 | Listed for sale | $6,150,000+2828.6%$3,285/sqft |
Source: Key West AOR #610583 Report a problem | ||
| 5/16/1996 | Sold | $210,000-54.8%$112/sqft |
Source: Public Record Report a problem | ||
| 9/14/1995 | Sold | $465,000$248/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,810 +5.1% | $1,064,661 +2.9% |
| 2024 | $8,383 +3.4% | $1,034,656 +3% |
| 2023 | $8,106 +6.6% | $1,004,521 +3% |
| 2022 | $7,601 -2.2% | $975,264 +3% |
| 2021 | $7,772 +0.8% | $946,859 +1.4% |
| 2020 | $7,711 | $933,786 +2.3% |
| 2019 | $7,711 +2.2% | $912,792 +1.9% |
| 2018 | $7,545 +0% | $895,773 +2.1% |
| 2017 | $7,543 +2.3% | $877,349 +2.1% |
| 2016 | $7,372 -1.4% | $859,304 +0.7% |
| 2015 | $7,476 | $853,331 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 9.7 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 4.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key Largo
- 33037
- 36 Sunset Rd
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