Skip main navigation
Sold for $4,400,000
  • $4,400,000

    55 Two Turtles Ln, Key West, FL 33040

    5beds
    6,325sqft
    Single Family Residence
    Built in 2002
    0.93 Acres Lot
    $4,450,800 Zestimate®
    $696/sqft
    $8,122 Estimated rent

    Home value

    $4,450,800

    $3.83M - $5.16M

    $8,122/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $8,122/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $8,122/mo

    Rent Zestimate®

    Refinance and save

    $30,027/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $30,027/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Waterfront estateObservation dockRefined british colonial aestheticLarge poolOutdoor kitchenExpansive terraceExpansive garage
    Welcome to one of Shark Key's most extraordinary waterfront estates—an exceptional opportunity on a rare double lot. Nearly an acre of land makes this one of the largest properties on the island, offering unparalleled space, privacy, and potential. This five-bedroom, five-bathroom residence spans 6,325 square feet with a grand, well-designed layout featuring soaring ceilings, multiple living areas, and an elevator for easy access to all levels. The expansive garage provides space for multiple vehicles and a personal workshop. A full-house generator adds peace of mind. The home blends lush tropical landscaping with a refined British Colonial aesthetic, creating an elegant coastal retreat. Outdoor highlights include a large pool, tiki hut, fire pit, outdoor kitchen, and an expansive terrace perfect for entertaining or relaxing in the ocean breeze. An observation dock allows you to take in stunning water views. Move-in ready, yet offering a rare opportunity to personalize and tap into the full potential of this exceptional property. Shark Key is a gated community just minutes from Key West, known for its privacy, prestige, and spectacular waterfront estates.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenna Stauffer 260-433-2319,

    Ocean Sotheby's International Realty

    Bought with:

    Shannon Mahaffey, 3438797

    Key West Luxury Real Estate Inc (KW)

    Source: FLKMLS,MLS#: 614349MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Appliances
    • Included: More Appliances, Washer, Dryer, Dishwasher, Range, Oven, Microwave, Disposal, Freezer, Gas Appliances, Ice Maker, Stainless Steel Appliance(s)
    Features
    • Sun/Florida Room
    Interior area
    • Total structure area: 6,325
    • Total interior livable area: 6,325 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Patio & porch: Lanai
    • Exterior features: Bar, Built-in Barbecue, Chickee Hut, Lighting, Outdoor Kitchen, Outdoor Shower, Storage, Water Display
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Fencing: Privacy
    • On waterfront: Yes
    Lot
    • Size: 0.93 Acres
    Details
    • Parcel number: 00159252004700
    • Zoning: SR - Sub Urban Residential District
    • Other equipment: Generator, Irrigation Equipment

    Construction

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

    Community & HOA

    Community
    • Features: Clubhouse, Beach, Other
    • Security: Security Gate, On Premises System
    • Subdivision: Shark Key (11.0)
    HOA
    • Has HOA: Yes
    • Services included: Common Area Mnt, Security, Other
    • HOA fee: $3,046 quarterly
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $696/sqft
    • Tax assessed value: $4,385,790
    • Annual tax amount: $37,065
    • Date on market: 3/26/2025

    Price history

    DateEventPrice
    5/8/2025Sold$4,400,000-12%$696/sqft
    Source: FLKMLS #614349 Report a problem
    5/5/2025Pending sale$5,000,000$791/sqft
    Source: FLKMLS #614349 Report a problem
    4/18/2025Contingent$5,000,000$791/sqft
    Source: FLKMLS #614349 Report a problem
    3/26/2025Listed for sale$5,000,000$791/sqft
    Source: FLKMLS #614349 Report a problem
    3/18/2025Listing removed$5,000,000$791/sqft
    Source: Key West AOR #613735 Report a problem
    2/17/2025Listed for sale$5,000,000+0%$791/sqft
    Source: FLKMLS #613735 Report a problem
    2/15/2025Listing removed$4,999,999$791/sqft
    Source: FLKMLS #608292 Report a problem
    10/3/2024Price change$4,999,999-7.6%$791/sqft
    Source: Key West AOR #608292 Report a problem
    7/2/2024Price change$5,410,000-8.3%$855/sqft
    Source: Key West AOR #608292 Report a problem
    5/23/2024Price change$5,900,000-14.5%$933/sqft
    Source: Key West AOR #608292 Report a problem
    1/22/2024Listed for sale$6,900,000+142.1%$1,091/sqft
    Source: Key West AOR #608292 Report a problem
    5/16/2016Sold$2,850,000-4.8%$451/sqft
    Source: FLKMLS #118845 Report a problem
    5/3/2016Pending sale$2,995,000$474/sqft
    Source: Berkshire Hathaway Knight & Gardner Realty #118845 Report a problem
    2/10/2016Price change$2,995,000-9.2%$474/sqft
    Source: Berkshire Hathaway Knight & Gardner Realty #118845 Report a problem
    11/17/2015Price change$3,299,000-10.8%$522/sqft
    Source: Berkshire Hathaway Knight & Gardner Realty #118845 Report a problem
    11/12/2013Listed for sale$3,700,000+16.5%$585/sqft
    Source: Prudential Knight & Gardner Realty Report a problem
    6/16/2005Sold$3,175,000$502/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$36,798 -4.7%$4,042,793 +10%
    2024$38,610 +10.9%$3,675,266 +10%
    2023$34,815 +12.5%$3,341,151 +10.7%
    2022$30,938 +15.3%$3,017,914 +10%
    2021$26,840 +13.4%$2,743,558 +10%
    2020$23,670 $2,494,144 +8%
    2019$23,670 +7.3%$2,309,641 -3.1%
    2018$22,065 -5.7%$2,382,987 +3.9%
    2017$23,400 +4.6%$2,293,352 +28.9%
    2016$22,361 +24.2%$1,778,807 -8.9%
    2015$18,007 $1,952,093
    Find assessor info on the county website

    Neighborhood: 33040

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,450,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,450,800