$5,450,000
$445K PRICE DROP

36 Sunset Rd Key Largo, FL 33037

Estimated payment $30,862/month

Total Views 10,173
0.91 Acre
$5,995,000 Price per Acre
39,600 Sq Ft Lot

Highlights

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

About This Lot

WHERE SUNRISE MEETS SUNSET- CREATE YOUR WATERFRONT MASTERPIECE IN THE FLORIDA KEYS! Remarkable and rare bayfront building opportunity in South Key Largo awaits on this unique property that spans nearly an acre of upland across two contiguous lots offering 200 feet of prime waterfront with a highly coveted building right already in place. Design and build your dream estate to your exact specifications, with the unparalleled bonus of both sunrise and sunset views from its exclusive point of land. Boating enthusiasts will appreciate a quarter acre of sandy baybottom below two docking areas, a concrete seawall, a protected boat basin, and ample space for your waterfront escapades. Enjoy the natural beauty of a sandy beach framed by sea oats, swaying palm trees, and mature native foliage, all tucked away behind a quiet, family-oriented neighborhood far from the highway's hustle and bustle. Whether you're seeking serenity, privacy, or a blank canvas to create your ultimate island retreat, this property is truly one of a kind. Don't miss this extraordinary opportunity to create your literal peace of paradise in the Florida Keys!Bonus: There is an existing single family home/bungalow & pool on-site that can be utilized as your primary building right or kept as a guest house for your larger estate...the choice is yours! Duplicate Listing, see MLS #610583

Listing Agent

Karan Moeller

Ocean Sotheby's International Realty License #0619230 Listed on: 01/07/2025

Ocean Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,106

Lot Details

  • 0.91 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Cleared Lot
  • 2 Lots in the community
  • Property is zoned IS - Improved Subivision District

Additional Features

  • Bay Views
  • Electricity To Lot Line

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00490880-000000

Community Details

Overview

  • Sunset Point Subdivision

Recreation

  • Boat Ramp
  • Boat Ramp
  • Dock made with concrete

Property Details

Property Type

Land

Est. Annual Taxes

$8,106

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Document Count: 1
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 95.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Property Group I D: 19990816212131825981000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8105.95
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1607126
  • Lot Sq Ft: 39600.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: Electric on Site, Water Meter, Water Line
  • Location Site: Paved Street, Cleared Site, Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • R O G O Exempt: Yes
  • Survey Available: Yes
  • Tax Exemptions: Homestead
  • Vegetation Survey: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Davit Pads, Basin, Boat Ramp
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Waterview: Open Water View, Bay View

Utilities

  • Security: No Security

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,AE,AE
  • Parcel Number: 00490880-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Building Permit: Active Permit, Other Permit
  • Total Lots: 2.00

Tax Info

  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2024 $8,106 $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 Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $5,450,000 -3.5% $2,911 / Sq Ft
04/02/2025 04/02/25 Price Changed $5,650,000 -4.2% $3,018 / Sq Ft
01/07/2025 01/07/25 Price Changed $5,895,000 -1.7% $3,149 / Sq Ft
09/20/2024 09/20/24 Price Changed $5,995,000 -2.5% $3,202 / Sq Ft
06/28/2024 06/28/24 For Sale $6,150,000 -- $3,285 / 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 $400,000 No Value Available
Closed $200,000 Credit Line Revolving
Closed $417,000 New Conventional
Closed $485,000 New Conventional
Closed $150,000 Credit Line Revolving
Closed $150,000 Balloon
Previous Owner $372,000 No Value Available
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 613012

Florida Keys Board of REALTORS®

APN: 00490880-000000