A LEGACY KEYS BAYFRONT PROPERTY OFFERING ENJOYMENT TODAY AND ENDLESS POSSIBILITIES FOR TOMORROW! Preserve and enhance the charm of a Florida Keys homestead, or reimagine the property to fit your future vision, with immediate use short-term and strong long-term investment potential. The rare double lot spans nearly one acre on a prime point of land along Florida Bay. With over 200 feet of improved shoreline, this property nearly doubles the width of typical waterfront parcels. Tucked away among native hardwoods at the Southern edge of Key Largo and the Village of Islamorada, this parcel offers exceptional privacy with both sunrise and sunset views. Features include a sandy beach, a cut-in boat basin with deep-water channel access, 2 ramps for launching pleasure watercraft, a resort-style pool, a concrete pier, aquarium-like waters with crystal-clear blue tones, and a sandy bay bottom teeming with marine life. The existing 4BD/2BA concrete residence provides instant enjoyment and valuable building rights, allowing you to create a custom waterfront retreat without waiting for a Monroe County ROGO allocation. A rare opportunity for a family compound or legacy estate in one of the Upper Keys' most unique bayfront settings.
Single-familyProperty Type
1962Year Built
0.91 acresLot Size
$2,484Price/Sq.Ft.
Listed by Karan Moeller, PA• Ocean Sotheby's International Realty
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 #616004
FLKMLS #610583
Jul 30, 2025
Listing Removed
—
May 30, 2025
Price Changed
$5,450,000
$2,911/sq ft
May 27, 2025
Relisted
—
Apr 25, 2025
Contingent
—
Apr 2, 2025
Price Changed
$5,650,000
$3,018/sq ft
Jan 7, 2025
Price Changed
$5,895,000
$3,149/sq ft
Sep 20, 2024
Price Changed
$5,995,000
$3,202/sq ft
Jul 29, 2024
Relisted
—
Jul 19, 2024
Contingent
—
Jun 28, 2024
Listed
$6,150,000
$3,285/sq ft
MARMLS #A11623015
Oct 1, 2024
Listing Removed
—
Sep 20, 2024
Price Changed
$5,995,000
$3,202/sq ft
Jun 28, 2024
Listed
$6,150,000
$3,285/sq ft
Public Records
Sep 14, 1995
Sold
$465,000
$248/sq ft
Public Records
May 1, 1991
Sold
$400,000
$214/sq ft
Public Records
Apr 7, 1988
Sold
$330,000
$176/sq ft
Public Records
Aug 1, 1984
Sold
$175,000
$93/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,810 (+5.1%)
2024
$8,383 (+3.4%)
2023
$8,106 (+6.6%)
2022
$7,601 (−2.2%)
2021
$7,772 (+0.8%)
2020
$7,711 (+2.2%)
2019
$7,545
2018
$7,543 (+2.3%)
2017
$7,372 (−2.4%)
2015
$7,552 (−1.8%)
2014
$7,688
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
2005
Finished Sq. Ft.
1,872
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,872
Year built
1962
Style
Single Family Residential
County
Monroe County
APN
1362 38 00490880000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
Heat Factor
We're working on getting current and accurate heat risk information for this home.
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Key Largo, FL • 33037
Average low and high temperatures (°F)
73
62
75
66
78
70
80
74
85
79
86
81
86
81
88
81
87
81
83
77
79
72
77
68
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 36 Sunset Rd
$4,102,968
$547K under list price of $4.65M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.1M to $2.9M.