$4,850,000
$450K PRICE DROP

36 Sunset Rd Key Largo, FL 33037

Estimated payment $26,413/month

Total Views 24,404
4 Beds
2 Baths
1,872 Sq Ft
$2,591 Price per Sq Ft

Highlights

  • Dock made with concrete
  • Sandy Beach
  • Granite Countertops
  • Coral Shores High School Rated A
  • Waterfront
  • 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: 10/30/2025

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • Waterfront
  • Sandy Beach
  • Fenced
  • Property is zoned IS - Improved Subivision District

Interior Spaces

  • Storage

Kitchen

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Seawall
  • Dock made with concrete
  • Exterior Lighting
  • Shed
  • Tiki or Chickee Hut

Utilities

  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00490880-000000

Home Details

Home Type

Single Family

Year Built

Built in 1962 | Remodeled

Lot Details

0.91 Acres

Listing Details

  • Property Type: Residential
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Year Built: 1962
  • Building Style Above Flood: No
  • Property Condition: Updated/Remodeled
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Storage
  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Wine Cooler, Stainless Steel Appliance(s)

Exterior Features

  • Waterfront: Yes
  • Exterior Features: Chickee Hut, Fencing, Lighting, Outdoor Shower, Sandy Beach, Shed

Utilities

  • Utilities: Water Separate Meter, Elect Separate Meter, Cable Available

Lot Info

  • Parcel Number: 00490880-000000

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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
02/17/2026 02/17/26 Price Changed $4,850,000 -2.0% $2,591 / 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

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