$1,099,000
$76K PRICE DROP

165 Cutlass Ln Summerland Key, FL 33042

Estimated payment $6,281/month

Total Views 4,255
4 Beds
3 Baths
2,448 Sq Ft
$449 Price per Sq Ft

About This Home

Discover Your Dream Waterfront Home in the Florida Keys! This stunning canal-front residence boasts 4 spacious bedrooms and 3 bathrooms. With 2,448 sq. ft. of thoughtfully laid-out living space, this home is perfect for accommodating large families and entertaining guests.Step onto the expansive covered balconies on both floors, where you can relax and take in the serene canal views. The generous kitchen and dining area serve as the heart of the home, ideal for hosting memorable gatherings. Each updated bathroom radiates modern sophistication, while the roomy master suite provides a private sanctuary for relaxation.The exterior of the property offers ample off-street parking and the potential space for a pool--a perfect opportunity for outdoor living. Additionally, a versatile 299 sq. ft. enclosure downstairs provides excellent extra storage for all your needs.Enjoy unparalleled water access to the Gulf and Atlantic, making it easy to indulge in aquatic adventures. With a variety of fantastic restaurants and vibrant bars within walking distance, the lifestyle here is as appealing as the home itself.At an exceptional price of $480 per square foot, this property stands out as one of the best-valued waterfront homes in the Lower Keys. Bring your boat and immerse yourself in the laid-back charm of the Florida Keys--your paradise awaits!

Listing Agent

Justyn Ewald

Expert Realty LLC (HQ) License #3363807 Listed on: 08/28/2025

Co-Listing Agent

Mason Kelly

Expert Realty LLC (HQ) License #3627786

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,854

Year Built

1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Contingent: None
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 23.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 5854.05
  • Vehicle Storage: Carport, Covered Parking
  • Year Built: 1991
  • Alternate Key Number: 1231975
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony
  • License Info: Non Trans Rntl Lic
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2448.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry, Walk-in Closet(s), Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Range, Refrigerator, Dryer
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Combo Construction
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Lot Size: 60X100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,854 $662,842 -- --
2023 $5,854 $643,536 $0 $0
2022 $5,700 $624,793 $0 $0
2021 $5,874 $606,596 $233,295 $373,301
2020 $5,894 $603,300 $225,570 $377,730
2019 $5,579 $526,274 $225,570 $300,704
2018 $5,542 $507,879 $203,940 $303,939
2017 $5,329 $490,400 $0 $0
2016 $2,975 $276,051 $0 $0
2015 $3,060 $274,132 $0 $0
2014 -- $271,956 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 Price Changed $1,099,000 -6.5% $449 / Sq Ft
08/28/2025 08/28/25 For Sale $1,175,000 +62.3% $480 / Sq Ft
09/26/2019 09/26/19 Sold $724,000 -9.4% $296 / Sq Ft View Prior Sale
08/25/2019 08/25/19 Pending -- -- --
07/25/2018 07/25/18 For Sale $799,000 +80.8% $326 / Sq Ft
07/21/2017 07/21/17 Sold $442,000 -6.9% $181 / Sq Ft View Prior Sale
06/09/2017 06/09/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $474,900 -- $194 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $724,000 None Listed On Document
Special Warranty Deed $442,000 Buyers Title Inc
Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $25,000 --
Warranty Deed $16,000 --
Deed $8,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $529,000 Purchase Money Mortgage
Previous Owner $265,200 New Conventional
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 616305

Key West Association of REALTORS®

APN: 00179960-000000