$1,450,000
UNDER CONTRACT

16823 E Point Dr Summerland Key, FL 33042

Estimated payment $8,315/month

Total Views 1,140
3 Beds
3 Baths
1,740 Sq Ft
$833 Price per Sq Ft

About This Home

Nestled in the prestigious South Point neighborhood of Sugarloaf Shores, this waterfront home offers the perfect blend of coastal tranquility and convenient access to Key West--just a short 15-minute drive away. Set on an expansive 12,500 sq. ft. lot, the property captures the relaxed elegance of island living.The 3-bedroom residence features 1,740 sq. ft. of living space, highlighted by a bright and airy Great Room with soaring ceilings and walls of glass that frame serene water views. The open layout creates a welcoming environment for both everyday living and entertaining.Outdoor living takes center stage with a sprawling waterfront porch, ideal for gatherings, sunset cocktails, or simply enjoying the coastal breeze. Inside, the updated kitchen and dining area provide plenty of room for hosting family and friends.The primary suite offers sliders to patio warm and a spacious walk-in closet, creating a comfortable private retreat.Boaters will appreciate the dock with 5,000 lb boat lift and quick access to open water, while nature lovers can explore the surrounding winding creeks perfect for kayaking and paddleboarding.Additional features include a metal roof, impact windows and doors, and a whole-house generator with automatic transfer switch, ensuring comfort and peace of mind year-round.This exceptional waterfront property combines location, lifestyle, and thoughtful upgrades--making it an ideal Keys retreat or full-time residence.

Listing Agent

Diane Corliss

Coldwell Banker Schmitt RE Co. License #3099169 Listed on: 03/11/2026

Map

Home Details

Home Type

Single Family

Year Built

1987

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Contingent: Contingent/Show
  • Dockage Dock: Wood
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 8605.51
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Covered Parking, Off Street Parking, Guest Parking
  • Year Built: 1987
  • Alternate Key Number: 1214949
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 12500.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1740.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Half Bathrooms: 1
  • Specialty Rooms: Utility Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Lot Size: 100 x 125
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025
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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
2025 $8,165 -- -- --
2024 $8,165 -- -- --
2023 $6,858 -- -- --
2022 $6,858 $0 $0 $0
2021 $5,919 -- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2026 03/11/26 For Sale $1,450,000 +109.4% $833 / Sq Ft
05/05/2020 05/05/20 Sold $692,500 -1.1% $398 / Sq Ft View Prior Sale
03/16/2020 03/16/20 Price Changed $699,900 -6.7% $402 / Sq Ft
02/22/2020 02/22/20 Price Changed $749,900 -1.3% $431 / Sq Ft
11/23/2019 11/23/19 Price Changed $759,900 -10.5% $437 / Sq Ft
07/03/2019 07/03/19 For Sale $849,000 -- $488 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $692,500 None Listed On Document
Quit Claim Deed -- --
Warranty Deed $210,000 --
Warranty Deed $243,400 --
Warranty Deed $240,000 --
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Credit Line Revolving
Previous Owner $75,000 New Conventional
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 619026

Key West Association of REALTORS®

APN: 00166976-006000

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