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For sale
  • $7,000,000

    5 Sunset Key Dr, Sunset Key, FL 33040

    3beds
    2,528sqft
    : 
    $47,448/mo
    Get pre-qualified
    Single Family Residence
    Built in 1996
    6,098 Square Feet Lot
    $6,480,200 Zestimate®
    $2,769/sqft
    $4,112/mo HOA

    What's special

    Three-bedroom three-bath beachfront homePrivate island enclavePrivate pool and spaWarm sophisticated island aesthetic
    Escape to Sunset Key, a private island sanctuary where refined elegance meets effortless tranquility. Just a four-minute ferry ride--operating 24 hours a day--from the vibrant charm in the heart of downtown Key West, this serene enclave offers the rare balance of seclusion and accessibility, keeping the energy of Old Town within effortless reach at any hour. This exquisite three-bedroom, three-bath beachfront home is thoughtfully designed to capture the essence of elevated island living. Wake to sweeping water views from the primary suite, and enjoy the same serene vistas from the main living area, where natural light and coastal beauty take center stage. Step outside to your private pool and spa, where you can unwind to the rhythm of waves lapping along the shoreline, all while enjoying gentle sea breezes and breathtaking sunsets over the Gulf of Mexico. The expansive main-level primary suite provides a tranquil retreat, while two beautifully appointed guest suites upstairs ensure comfort and privacy for all. Rich hardwood floors and natural stone finishes flow seamlessly throughout, complemented by a warm, sophisticated island aesthetic. Set within a private island enclave, Sunset Key offers access to exceptional amenities, including a gourmet waterfront restaurant, full-service spa, state-of-the-art fitness center, private beaches, tennis courts, and convenient ferry service. Perfectly positioned within minutes of Old Town Key West yet blissfully removed from the crowds, this secluded setting delivers a truly elevated lifestyle--where every detail is designed for quiet luxury and effortless escape.
    154 days
    1,127
    44

    Zillow last checked:

    Listing updated:

    Listed by:

    Cardenas & Krug Team 305-848-1616,

    Coastal Collection Real Estate Inc.

    Source: FLKMLS,MLS#: 619242MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Freezer
      • Laundry: Laundry Room
      Features
      • Built-in Features, Storage, Walk-in Closet(s)
      Interior area
      • Total structure area: 2,528
      • Total interior livable area: 2,528 sqft

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Patio & porch: Open Porch/Balcony, Deck
      • Exterior features: Sandy Beach
      • Has private pool: Yes
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: Heated, Community
      • Fencing: Fenced
      • On waterfront: Yes
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 51 X 122
      Details
      • Parcel number: 00000200000505
      • Zoning: HPRD - Hist Planned Redevelopment & Dev Dist

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      Condition
      • Year built: 1996

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Beach
      • Security: Security Guard, Fire Sprinkler System
      • Subdivision: Sunset Key (Tank) Island Unrcd (0.0)
      HOA
      • Has HOA: Yes
      • Services included: Common Area Mnt, Security, Other
      • HOA fee: $12,337 quarterly
      Location
      • Region: Sunset Key

      Financial & listing details

      • Price per square foot: $2,769/sqft
      • Tax assessed value: $5,829,978
      • Annual tax amount: $48,344
      • Date on market: 8/20/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $6,480,200

        $6.16M - $6.80M

        $6,351/mo

        Price history

        DateEventPrice
        8/20/2026Listed for sale$7,000,000$2,769/sqft
        Source: FLKMLS #619242 Report a problem
        5/26/2026Contingent$7,000,000$2,769/sqft
        Source: Key West AOR #619242 Report a problem
        3/28/2026Listed for sale$7,000,000+15.7%$2,769/sqft
        Source: FLKMLS #619242 Report a problem
        7/16/2021Sold$6,050,000-0.8%$2,393/sqft
        Source: FLKMLS #593997 Report a problem
        7/2/2021Listed for sale$6,100,000+10.9%$2,413/sqft
        Source: Key West AOR #593997 Report a problem
        11/24/2015Listing removed$5,500,000$2,176/sqft
        Source: Engel Voelkers #119858 Report a problem
        5/29/2014Listed for sale$5,500,000+219.8%$2,176/sqft
        Source: Tradewinds International Real Estate of Monroe County, LLC #119858 Report a problem
        2/13/2002Sold$1,720,000$680/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$48,345 -3.2%$5,829,978 -3.2%
        2024$49,941 -0.7%$6,021,218 +0.8%
        2023$50,302 +3.3%$5,974,023 +2%
        2022$48,677 +21.4%$5,858,063 +29.2%
        2021$40,104 +10.5%$4,533,101 +10%
        2020$36,304 $4,121,001 -0.2%
        2019$36,304 -1.2%$4,131,329 -2.8%
        2018$36,728 -4.8%$4,249,481 +1.3%
        2017$38,594 +0.3%$4,196,420 -2.7%
        2016$38,486 -0.8%$4,312,418 -3.1%
        2015$38,804 $4,452,029
        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: Sunset Key

        Getting around

        21 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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