NOT LISTED FOR SALE

292 Sunset Key Dr Key West, FL 33040

Estimated Value: $5,108,000 - $5,532,000

3 Beds
3 Baths
1,916 Sq Ft
$2,761/Sq Ft Est. Value

Last Sold December 31, 2024

Last sale price $4,900,000 $2,557 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $31,368/month

327 Days on Market

About This Home

As of December 2024

Talk about views! This three-bedroom, three-bathroom waterfront home has incredible panoramic views of Key West Harbour and the historic waterfront. No expense was spared on this elegant Sunset Key residence. This house has it all, from hardwood and tile floors throughout, to a chef's kitchen with granite counter-tops, comfortable living and dining area, a covered outdoor patio, and an in-ground pool. Sunset Key Island is only three minutes from historic downtown Key west by an island ferry which runs 24 hours a day and leaves from the Opal Key Resort & Marina. Walk to one of the island's three beaches. Even though it is an off-shore island, Sunset Key Island has full city utilities and services, and amenities such as tennis, a full-service spa, and a gourmet restaurant.

Last Agent to Sell the Property

Bob Cardenas

Robert H Cardenas Jr., PA License #3406183 Listed on: 12/27/2023

Robert H Cardenas Jr., PA

Co-Listed By

Everett Smith

Ocean Sotheby's International Realty License #670558

Last Buyer's Agent

Tom Mclaughlin

Coldwell Banker Schmitt Real Estate Co. (KW) License #SL3286320

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

Single Family

Year Built

2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 4817.06
  • 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, Bike Paths, Spa, Other Area Features, Beach
  • Pets W Restrictions: lbs, # of, type
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 44783.10
  • Title: Negotiable
  • Vehicle Storage: Detached, Vehicle Restrictions, Off Street Parking
  • Year Built: 2007
  • Alternate Key Number: 8885091
  • Cooling Heating: Central Air, Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 10654.00
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio, Deck
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1916.00
  • Pool Info Other: YES
  • Pool Info Other Surroundings: Water Views
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Granite Counter Top, Other, Storage, Fire Sprinkler
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood, Marble, Combo
  • Half Bathrooms: 1
  • Specialty Rooms: Utility Room, Other
  • Windows/Doors: French Doors, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Dock Privileges, Other Dockage, First Come Dock
  • Waterfront: Oceanfront, Gulf Front, Bay Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Privacy Wall/Fence, Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Harbor/Marina View, Bay/Gulf View
  • Pool: Yes

Utilities

  • Security: Patrolled Area, Other
  • Utilities: FKAA, Other - See Remarks, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00000200-000408
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.43

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Dec 31, 2024
Sold by
Sunset Acquisitions Corporation
Bought by
Jdp Sunset Key Llc
Seller's Agent
Bob Cardenas
Robert H Cardenas Jr., PA
Buyer's Agent
Tom Mclaughlin
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$4,995,000
Sold Price
$4,900,000
Premium/Discount to List
-$95,000
-1.9%
Views
610
Current Estimated Value
$5,289,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,166
Avg. Annual Appreciation
7.33%
Original Mortgage
$4,410,000
Outstanding Balance
$4,371,970
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$917,196

Purchase Details

Closed on
Jun 1, 1997
Bought by
Sunset Acquisitions Corporation
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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Purchase History

Date Buyer Sale Price Title Company
Jdp Sunset Key Llc $4,900,000 None Listed On Document
Jdp Sunset Key Llc $4,900,000 None Listed On Document
Sunset Acquisitions Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jdp Sunset Key Llc $4,410,000
Closed Jdp Sunset Key Llc $4,410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Sold $4,900,000 -1.9% $2,557 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
12/27/2023 12/27/23 For Sale $4,995,000 -- $2,607 / 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 $46,836 $2,407,866 $2,394,866 $13,000
2024 $44,783 $6,176,679 $5,421,677 $755,002
2023 $44,783 $6,146,508 $5,421,677 $724,831
2022 $41,533 $5,997,407 $5,264,184 $733,223
2021 $35,582 $4,027,137 $3,374,271 $652,866
2020 $39,574 $4,495,422 $3,835,099 $660,323
2019 $40,003 $4,502,881 $3,835,099 $667,782
2018 $38,555 $4,245,167 $3,703,373 $541,794
2017 $37,758 $4,082,984 $0 $0
2016 $42,723 $4,365,212 $0 $0
2015 $45,909 $5,574,530 $0 $0
2014 $38,275 $3,651,334 $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

    99 Total Sales

    Bob Cardenas
    Section Image
  • Everett Smith

    Seller Co-Listing Agent in 2024

    Everett Smith

    Ocean Sotheby's International Realty

    (305) 304-2651

    19 Total Sales

    Everett Smith
    Section Image

  • T

    Buyer's Agent in 2024

    Tom Mclaughlin

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 296-7727

    36 Total Sales

    Tom Mclaughlin
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 607965

Key West Association of REALTORS®

APN: 00000200-000408

Florida Monroe County Key West 33040

292 Sunset Key Dr, Key West, FL

Not Listed for Sale

Detached

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