Welcome to the lowest priced waterfront lot with an active building permit on prestigious Sugarloaf Key. This oversized 14,706 sq. ft. canal-front property features no-bridge ocean access, granting you instant entry to world-class fishing, diving, and boating. Located in the premier residential enclave of the Sugarloaf Shores, this lot includes an active building permit for a custom 2,120 sq. ft., 4-bedroom, 3-bath coastal-style home -- with Army Corps dock approval already secured. Build today or customize plans to suit your vision. Sugarloaf Key is beloved for its larger lots, upscale homes, and stunning natural beauty. Enjoy crystal-clear water, endless mangrove creeks perfect for paddleboarding or kayaking, and the convenience of being just 15 minutes from Key West. The neighborhood is quiet, well-maintained, and filled with luxury homes offering the perfect setting for full-time living, a vacation retreat, or investment property. Opportunities like this are rare, a cleared path to build in the most coveted location in the Lower Keys. Create your ideal Florida Keys dream home now while you still can!
Lot/land
$499,000
63 Sugarloaf Dr, Sugarloaf Key, FL 33042
--beds
--baths
0.34Acres
Unimproved Land
Built in ----
0.34 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
No-bridge ocean accessLowest priced waterfront lotCrystal-clear water
- 180 days |
- 121 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Lisa H Ferringo 305-797-1221,
Coldwell Banker Schmitt Real Estate Co
Source: FLKMLS,MLS#: 617936
Originating MLS: Key West Association
Facts & features
Property
Features
- Has view: Yes
- View description: Canal
- Water view: Canal
- Waterfront features: Canal Front, Waterfront, Water Frontage, Dockage: None
Lot
- Size: 0.34 Acres
- Features: 1/4 - 1/2 Acre
Details
- Parcel number: 00163011000700
- Zoning: IS
- Zoning description: Improved Subivision District
Community & HOA
Community
- Features: Other
- Subdivision: Sugarloaf Shores (17.0)
HOA
- Has HOA: No
Location
- Region: Sugarloaf Key
Financial & listing details
- Tax assessed value: $500,629
- Annual tax amount: $2,919
- Date on market: 1/5/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2026 | Listed for sale | $499,000-20.2% |
Source: | ||
| 2/23/2025 | Listing removed | $625,000 |
Source: | ||
| 2/17/2025 | Listed for sale | $625,000+369.9% |
Source: | ||
| 4/19/2013 | Sold | $133,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,920 +12.5% | $253,657 +10% |
| 2024 | $2,596 +3.7% | $230,597 +10% |
| 2023 | $2,502 +16.7% | $209,634 +10% |
| 2022 | $2,144 +25.2% | $190,576 +10% |
| 2021 | $1,713 +18% | $173,251 +10% |
| 2020 | $1,452 | $157,501 |
| 2019 | $1,452 -0.5% | $157,501 -24.3% |
| 2018 | $1,459 -23.2% | $208,127 -21.4% |
| 2017 | $1,900 -3.4% | $264,708 +24.7% |
| 2016 | $1,967 +12.6% | $212,355 +45.5% |
| 2015 | $1,747 | $145,994 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33042
Nearby schools
GreatSchools rating
- 6/10Sugarloaf SchoolGrades: PK-8Distance: 2.4 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 14.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Monroe County
- Summerland Key
- 33042
- 63 Sugarloaf Dr






