$4,400,000
SOLD MAY 8, 2025

55 Two Turtles Ln Key West, FL 33040

5 Beds
5 Baths
6,325 Sq Ft
0.93 Acres

Recently Sold

$696 Per Sq Ft

12% Below List Price

22 Days on Market

About This Home

As of May 2025

Welcome to one of Shark Key's most extraordinary waterfront estates--an exceptional opportunity on a rare double lot. Nearly an acre of land makes this one of the largest properties on the island, offering unparalleled space, privacy, and potential.This five-bedroom, five-bathroom residence spans 6,325 square feet with a grand, well-designed layout featuring soaring ceilings, multiple living areas, and an elevator for easy access to all levels. The expansive garage provides space for multiple vehicles and a personal workshop. A full-house generator adds peace of mind.The home blends lush tropical landscaping with a refined British Colonial aesthetic, creating an elegant coastal retreat. Outdoor highlights include a large pool, tiki hut, fire pit, outdoor kitchen, and an expansive terrace perfect for entertaining or relaxing in the ocean breeze. An observation dock allows you to take in stunning water views.Move-in ready, yet offering a rare opportunity to personalize and tap into the full potential of this exceptional property.Shark Key is a gated community just minutes from Key West, known for its privacy, prestige, and spectacular waterfront estates.

Last Agent to Sell the Property

Jenna Stauffer

Ocean Sotheby's International Realty License #3394848 Listed on: 03/26/2025

Ocean Sotheby's International Realty

Home Details

Home Type

Single Family

Year Built

2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 3046.00
  • Mandatory HOA: Yes
  • Dockage Dock: Concrete
  • Fee Includes: Common Area Mnt, Other, Security
  • Key Island: Shark Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 11.00
  • Min Rental Days: 180.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Other Area Features, Beach, Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 37065.20
  • Vehicle Storage: Garage, Covered Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2002
  • Alternate Key Number: 8737068
  • Lot Sq Ft: 40360.00
  • Pool Info: In Ground, Concrete
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 6325.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: More Appliances, Stainless Steel Appliance(s), Ice Machine, Gas Appliances, Freezer, Disposal, Microwave, Oven, Range, Dishwasher, Dryer, Washer
  • Half Bathrooms: 1
  • Specialty Rooms: Sun/Florida Room, Other, Workshop, Utility Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Combo Construction, Concrete
  • Exterior Features: Bar, Water Display, Storage, Sprinkler System, Privacy Wall/Fence, Outdoor Shower, Outdoor Kitchen, Lanai, Lighting, Chickee Hut, Built-in Grill
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, On Premises System
  • Utilities: FKAA, Whole House Generatr, Propane

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
May 8, 2025
Sold by
Stocklas James F and James F Stocklas Revocable Agreement Of
Bought by
Dlubak David and Dlubak Edith
Seller's Agent
Jenna Stauffer
Ocean Sotheby's International Realty
List Price
$5,000,000
Sold Price
$4,400,000
Premium/Discount to List
-$600,000
-12%
Views
126
Current Estimated Value
$4,991,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,065
Avg. Annual Appreciation
23.82%

Purchase Details

Listed on
Nov 12, 2013
Closed on
May 13, 2016
Sold by
Smith Christopher D
Bought by
Stocklas James F and James F Stocklas Revocable Agreement Of
Seller's Agent
416241 416241
Prudential Knight Keyside Pro
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$3,700,000
Sold Price
$2,850,000
Premium/Discount to List
-$850,000
-22.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
May 24, 2005
Sold by
Brown Samuel Ray
Bought by
Smith Christopher D and Christopher D Smith Revocable Family Tru

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
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 2001
Bought by
Stocklas James F Revocable Trust 5/12/2016

Purchase Details

Closed on
May 8, 2000
Sold by
Shark Key Development Corp
Bought by
Richardson Larry W and Richardson Margaret D

Purchase Details

Closed on
May 2, 2000
Bought by
Stocklas James F Revocable Trust 5/12/2016

Purchase Details

Closed on
Jul 10, 1996
Sold by
Shark Key Development Corp
Bought by
Wells Joe D and Wells Elizabeth W
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 Type Sale Price Title Company
Warranty Deed $4,400,000 None Listed On Document
Warranty Deed $2,850,000 None Available
Warranty Deed $3,175,000 --
Warranty Deed $575,000 --
Warranty Deed $275,000 --
Warranty Deed $210,000 --
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Fannie Mae Freddie Mac
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2025 05/08/25 Sold $4,400,000 -12.0% $696 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $5,000,000 +75.4% $791 / Sq Ft
05/16/2016 05/16/16 Sold $2,850,000 -23.0% $458 / Sq Ft View Prior Sale
05/16/2016 05/16/16 Pending -- -- --
11/12/2013 11/12/13 For Sale $3,700,000 -- $594 / 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 $38,610 $4,385,790 $2,846,389 $1,539,401
2024 $34,815 $6,055,359 $3,597,085 $2,458,274
2023 $34,815 $5,349,441 $2,971,505 $2,377,936
2022 $30,938 $4,574,091 $2,220,809 $2,353,282
2021 $26,840 $3,088,422 $938,370 $2,150,052
2020 $23,670 $2,494,144 $1,008,748 $1,485,396
2019 $22,065 $2,309,641 $806,292 $1,503,349
2018 $23,400 $2,382,987 $861,686 $1,521,301
2017 $22,361 $2,293,352 $0 $0
2016 $18,007 $1,778,807 $0 $0
2015 $20,403 $1,952,093 $0 $0
2014 $21,449 $2,148,231 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jenna Stauffer

    Seller's Agent in 2025

    Jenna Stauffer

    Ocean Sotheby's International Realty

    (260) 433-2319

    11 in this area

    59 Total Sales

    Jenna Stauffer
    Section Image

  • 4

    Seller's Agent in 2016

    416241 416241

    Prudential Knight Keyside Pro

  • J

    Buyer's Agent in 2016

    Jennifer Newman

    Doug Mayberry Real Estate (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 614349

Key West Association of REALTORS®

APN: 00159252-004700

Florida Monroe County Key West 33040

55 Two Turtles Ln, Key West, FL

Sold

Detached

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