$4,950,000
$350K PRICE DROP

36 Sunset Rd Key Largo, FL 33037

Estimated payment $26,737/month

Total Views 15,659
4 Beds
2 Baths
1,872 Sq Ft
$2,644 Price per Sq Ft

Highlights

  • Boat Ramp
  • Dock made with concrete
  • Sandy Beach
  • Coral Shores High School Rated A
  • Property fronts gulf or ocean
  • 1-minute walk to Old Settler's Park

About This Home

RARE BAYFRONT ACREAGE WITH 200 FEET OF WATERFRONT - A rare offering at the edge of Key Largo and the Village of Islamorada, this double lot spans nearly one acre on a prime point of land on Florida Bay with over 200 feet of linear improved shoreline - double the width compared to typical parcels. Located in a tucked-away enclave of bayfront estates nestled among native hardwoods, just over an hour from the City of Miami and Miami International Airport, offering unmatched privacy with unbeatable convenience.A spectacular setting with both sunrise and sunset views, featuring a sandy beach, cut-in boat basin served by a deep-water private channel, wade-in beach entry, easy access to Bay with 2 ramps for launching water crafts & Hobie Cats, resort-style pool framed by palms, a concrete pier over crystal-clear blue waters and sandy bay bottom. Amazing sea life can be seen below such as starfish, lobsters & snook while ospreys & other native birds soar overhead finding refuge among the trees, adding vibrant life and natural beauty to the surroundings.Located in an area ideal for riding bikes and walking safely off the highway, the expansive grounds offer room to roam for children and pets--an exceptional setting for a family compound or legacy estate. The existing 4BD 2BA concrete residence with covered outdoor living space provides immediate use and serves as a valuable right to build a custom waterfront retreat tailored to your vision without having to wait for a Monroe County ROGO allocation. With rare development flexibility, captivating views, and premier location, the property stands as one of the most iconic offerings in the Upper Keys.

Listing Agent

Karan Moeller

Ocean Sotheby's International Realty License #0619230 Listed on: 08/01/2025

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,383

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 0.91 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,872 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • French Doors
  • Workshop
  • Storage
  • Utility Room
  • Gulf Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Seawall
  • Boat Ramp
  • Boat Slip
  • Dock made with concrete
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Tiki or Chickee Hut

Utilities

  • Central Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00490880-000000

Community Details

Overview

  • No Home Owners Association
  • Sunset Point Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,383

Year Built

Built in 1962 | Remodeled

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
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 95.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8382.63
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Trailer Storage, RV Parking Open, Guest Parking
  • Year Built: 1962
  • Alternate Key Number: 1607126
  • Cooling Heating: Central Air, Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 39600.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Shutters: Accordion, Other
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1872.00
  • 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: Drapes/Blinds Incl, Granite Counter Top, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Combo, Carpet
  • Specialty Rooms: Laundry Room, Workshop, Utility Room
  • Windows/Doors: French Doors
  • Total Bedrooms: 4
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Ramp, Boat Slip
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Shed, Sandy Beach, Outdoor Shower, Lighting, Fencing
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer
  • Heating: Central, Electric, Ductless

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,AE,AE
  • Parcel Number: 00490880-000000
  • Lot Size: Irregular
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.91

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 1.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
2025 $8,383 $1,064,661 -- --
2024 $8,383 $1,034,656 -- --
2023 $8,106 $1,004,521 $0 $0
2022 $7,601 $975,264 $0 $0
2021 $7,772 $946,859 $0 $0
2020 $7,711 $933,786 $0 $0
2019 $7,545 $912,792 $0 $0
2018 $7,543 $895,773 $0 $0
2017 $7,372 $877,349 $0 $0
2016 $7,476 $859,304 $0 $0
2015 $7,552 $853,331 $0 $0
2014 $7,689 $846,559 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 Price Changed $4,950,000 -6.6% $2,644 / Sq Ft
10/30/2025 10/30/25 For Sale $5,300,000 0.0% $2,831 / Sq Ft
10/20/2025 10/20/25 Off Market $5,300,000 -- --
10/20/2025 10/20/25 For Sale $5,300,000 0.0% $2,831 / Sq Ft
09/29/2025 09/29/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $5,300,000 -- $2,831 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 --
Deed -- --
Warranty Deed $465,000 --
Warranty Deed $320,000 --
Warranty Deed $400,000 --
Warranty Deed $330,000 --
Warranty Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Balloon
Previous Owner $372,000 No Value Available
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 616004

Florida Keys Board of REALTORS®

APN: 00490880-000000