NOT LISTED FOR SALE

25 Sunset Key Dr Key West, FL 33040

Estimated Value: $4,696,000 - $6,307,000

4 Beds
3 Baths
2,682 Sq Ft
$2,041/Sq Ft Est. Value

Last Sold October 07, 2024

Last sale price $5,500,000 $2,051 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $32,260/month

244 Days on Market

About This Home

As of October 2024

Immerse yourself and come home to prestigious Sunset Key and enjoy all the ambiance and attractions of Key West, just minutes away, while preserving maximum peacefulness and privacy on a beautiful, private island, just offshore from Old Town Key West. Complete with four bedrooms and four bathrooms, this oceanfront residence features a large .19 acre waterfront lot with sixty-three feet of shoreline, expansive ocean and Key West Harbor views, heated pool, spacious, vaulted living area, upper-level master suite plus one additional upper-level en suite bedroom, two main-level bedrooms and baths, natural stone flooring inside and out, golf cart parking and separate garage, electric roll-down hurricane shutters surrounding patios and a rich, warm island decor throughout. Sunset Key is an idyllic island oasis featuring a gourmet restaurant, spa, fitness center, private homeowner beaches, tennis courts, ferry service, and a location nestled in a perfectly secluded spot in Key West harbor.

Last Agent to Sell the Property

Bob Cardenas

Robert H Cardenas Jr., PA License #3406183 Listed on: 11/17/2023

Robert H Cardenas Jr., PA

Co-Listed By

Everett Smith

Ocean Sotheby's International Realty License #670558

Last Buyer's Agent

Robert Cardenas

Ocean Sotheby's International Realty

Home Details

Home Type

Single Family

Year Built

2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 14547.53
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Other
  • Key Island: Key West
  • K W Neighborhood: Sunset Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Spa, Bike Paths, Beach, Fire Hydrant
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 29138.61
  • Title: Negotiable
  • Vehicle Storage: Garage, Covered Parking, Vehicle Restrictions, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2000
  • Alternate Key Number: 8963890
  • Cooling Heating: Central Air
  • Lot Sq Ft: 8436.00
  • Pool Info: In Ground, Concrete, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Roll Down Electric, Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2682.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Built-in Cabinets, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Sky Light(s), Fire Sprinkler
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Double Hung Windows, Aluminum Windows, Glass Doors, French Doors
  • Total Bedrooms: 4
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Sprinkler System, Lighting
  • Roof: Metal Roof
  • Waterview: Ocean View, Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area, Other
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00000200-000525
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Oct 7, 2024
Sold by
Menell Diane B
Bought by
51 Sunset Key Holdings Llc
Seller's Agent
Bob Cardenas
Robert H Cardenas Jr., PA
Buyer's Agent
Robert Cardenas
Ocean Sotheby's International Realty
List Price
$6,650,000
Sold Price
$5,500,000
Premium/Discount to List
-$1,150,000
-17.29%
Views
686
Current Estimated Value
$5,703,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,898
Avg. Annual Appreciation
-0.37%

Purchase Details

Closed on
Jul 25, 2003
Sold by
China Richard L and China Tammy
Bought by
Mcneil Roderick C and Mcneil Diane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 2000
Sold by
Sunset Acquisitions Corporation
Bought by
China Richard L and China Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
8.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
51 Sunset Key Holdings Llc -- None Listed On Document
Mcneil Roderick C $2,150,000 --
China Richard L $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcneil Roderick C $1,000,000
Previous Owner China Richard L $1,150,000
Previous Owner China Richard L $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2024 10/07/24 Sold $5,500,000 0.0% $2,051 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/14/2024 07/14/24 Price Changed $5,500,000 -12.0% $2,051 / Sq Ft
03/30/2024 03/30/24 Price Changed $6,250,000 -6.0% $2,330 / Sq Ft
11/17/2023 11/17/23 For Sale $6,650,000 -- $2,479 / Sq Ft
Source: Key West Association of REALTORS®

Tax History Compared to Growth

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
2025 $29,572 $5,690,468 $4,403,592 $1,286,876
2024 $29,139 $3,594,029 -- --
2023 $29,139 $3,489,349 $0 $0
2022 $27,947 $3,387,718 $0 $0
2021 $28,758 $3,289,047 $0 $0
2020 $28,284 $3,243,637 $0 $0
2019 $27,898 $3,170,711 $0 $0
2018 $27,971 $3,111,591 $0 $0
2017 $27,886 $3,047,607 $0 $0
2016 $28,918 $2,985,625 $0 $0
2015 $29,481 $2,964,871 $0 $0
2014 $30,466 $2,941,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bob Cardenas

    Seller's Agent in 2024

    Bob Cardenas

    Robert H Cardenas Jr., PA

    (305) 304-8292

    101 Total Sales

    Bob Cardenas
    Section Image
  • Everett Smith

    Seller Co-Listing Agent in 2024

    Everett Smith

    Ocean Sotheby's International Realty

    (305) 304-2651

    21 Total Sales

    Everett Smith
    Section Image

  • R

    Buyer's Agent in 2024

    Robert Cardenas

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 607521

Key West Association of REALTORS®

APN: 00000200-000525

Florida Monroe County Key West 33040

25 Sunset Key Dr, Key West, FL

Not Listed for Sale

Detached

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