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Under contract
  • Price cut: $200K (5/14)
    $4,650,000

    36 Sunset Rd, Key Largo, FL 33037

    4beds
    1,872sqft
    : 
    $28,663/mo
    Get pre-qualified
    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
    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.
    271 days
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    237
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    Zillow last checked:

    Listing updated:

    Listed by:

    Karan Moeller, PA 305-522-2857,

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 616004MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Ceiling Fans(s), Ductless
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Wine Cooler, Stainless Steel Appliance(s)
      • Laundry: Laundry Room
      Features
      • Granite Counters, Storage
      • Flooring: Tile, Carpet, Combination
      Interior area
      • Total structure area: 1,872
      • Total interior livable area: 1,872 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Open, RV Access/Parking, Storage
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Patio & porch: Open Porch/Balcony, Deck, Patio
      • Exterior features: Chickee Hut, Lighting, Outdoor Shower, Sandy Beach
      • Has private pool: Yes
      • Pool features: In Ground, Concrete, Decked
      • Fencing: Fenced
      • On waterfront: Yes
      Lot
      • Size: 0.91 Acres
      Details
      • Additional structures: Shed(s)
      • Parcel number: 00490880000000
      • Zoning: IS - Improved Subivision District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

      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

        $4,779/mo

        Price history

        DateEventPrice
        6/3/2026Contingent$4,650,000$2,484/sqft
        Source: Key West AOR #616004 Report a problem
        5/14/2026Price change$4,650,000-4.1%$2,484/sqft
        Source: Key West AOR #616004 Report a problem
        2/17/2026Price change$4,850,000-2%$2,591/sqft
        Source: FLKMLS #616004 Report a problem
        12/3/2025Price change$4,950,000-6.6%$2,644/sqft
        Source: Key West AOR #616004 Report a problem
        10/30/2025Listed for sale$5,300,000$2,831/sqft
        Source: Key West AOR #616004 Report a problem
        10/20/2025Listing removed$5,300,000$2,831/sqft
        Source: FLKMLS #613012 Report a problem
        9/29/2025Pending sale$5,300,000$2,831/sqft
        Source: FLKMLS #616004 Report a problem
        8/1/2025Price change$5,300,000-2.8%$2,831/sqft
        Source: FLKMLS #613012 Report a problem
        5/30/2025Price change$5,450,000-3.5%$2,911/sqft
        Source: FLKMLS #610583 Report a problem
        5/27/2025Listed for sale$5,650,000$3,018/sqft
        Source: Key West AOR #610583 Report a problem
        4/25/2025Contingent$5,650,000$3,018/sqft
        Source: Key West AOR #610583 Report a problem
        4/2/2025Price change$5,650,000-4.2%$3,018/sqft
        Source: Key West AOR #613012 Report a problem
        1/7/2025Price change$5,895,000-1.7%$3,149/sqft
        Source: Key West AOR #610583 Report a problem
        9/20/2024Price change$5,995,000-2.5%$3,202/sqft
        Source: Key West AOR #610583 Report a problem
        7/29/2024Listed for sale$6,150,000$3,285/sqft
        Source: Key West AOR #610583 Report a problem
        7/19/2024Contingent$6,150,000$3,285/sqft
        Source: Key West AOR #610583 Report a problem
        6/28/2024Listed for sale$6,150,000+2828.6%$3,285/sqft
        Source: Key West AOR #610583 Report a problem
        5/16/1996Sold$210,000-54.8%$112/sqft
        Source: Public Record Report a problem
        9/14/1995Sold$465,000$248/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        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

        Getting around

        19 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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