For sale

$6,700,000

Est. $43,225/mo —

Land

•

0.87

acre (lot)

54 Sunset Rd, Key Largo, FL 33037

About this home

BEING SOLD W/ 41 SUNSET RD! MLS#: 620255 - 2 Lots w 200' of w/ crystal clear waterfront on the Bay, ROGO Letter allows for 2 residences to be built on the property. 250' dock approved by Army Corps. Seller has included architectural plans to build dream home. Investors/builders may be able to split the 2 lots and build 2 separate homes on the Bay. 41 Sunset totally remodeled to live in while you build your dream estate/compound

Vacant landProperty Type

0.87 acresLot Size

$7,701,149Price/Acres

Listed by K. Shylon Martin • Engel & Völkers Islamorada

Listing updated: Jun 15, 2026 at 03:16pm

Redfin checked: a minute ago

•Source:FLKMLS #620256

Payment calculator

$43,225 per month

Principal and interest$33,439

Property taxes

$2,025

HOA dues

Home insurance

$7,761

Utilities

Add

Mortgage resources

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 12PM TO 2PM3D WALKTHROUGH
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4 beds2 baths— sq ft
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$2,890,000
5 beds4 baths— sq ft
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OPEN THU, 11AM TO 1PM3D WALKTHROUGH
$6,800,000
3 beds3.5 baths2,803 sq ft
197 Lowe St, Tavernier, FL 33070
OPEN FRI, 3PM TO 5PM
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3 beds2 baths1,488 sq ft
130 Lorelane Pl, Key Largo, FL 33037
OPEN SAT, 10AM TO 12PM
$4,600,000
5 beds5.5 baths4,636 sq ft
157 Valencia Dr, Islamorada, FL 33036
OPEN SAT, 11AM TO 2PM
$1,565,000
3 beds2 baths2,169 sq ft
365 Loeb Ave, Key Largo, FL 33037
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OPEN SUN, 2PM TO 4PM
$1,190,000
5 beds3 baths2,220 sq ft
646 Cabrera St, Key Largo, FL 33037
OPEN SEP 4, 11:30AM TO 2:30PM
$475,000
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222 Cuba Rd, Key Largo, FL 33070
OPEN SEP 7, 10AM TO 1PM3D WALKTHROUGH
$610,000
2 beds1.5 baths947 sq ft
104350 Overseas Hwy Apt A204, Key Largo, FL 33037

Around this home

Schools

K - 12
Preschool & daycare

Key Largo School

Public PreK-8 • Assigned • 9.7mi

8/10

Coral Shores High School

Public 9-12 • Assigned • 4.9mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
On waterfront with open water and bay views
Water frontage, cleared site, fenced

Sale and tax history for 54 Sunset Rd

Sale History
Tax History

Date

Event

Price

FLKMLS #620256

Jun 12, 2026

Listed

$6,700,000

FLKMLS #584766

May 15, 2019

Sold

$2,200,000

Mar 14, 2019

Listed

$2,400,000

+12

2 Lots w over 38,000 sf and 200' of waterfront on the Bay. This is Prime Real Estate w an all natural shoreline that has crystal clear water & a sandy bottom. ROGO Letter allows for 2 SF residences to be built on this property. New concrete pilings are on site to construct the 250' dock approved by Army Corps. This is a golden opportunity to build your own dream estate. Investors and builders you can split the 2 lots and build 2 separate homes on the Bay. Seller has permits to build 8500 sf home with a 3,000 sf 3rd floor main bedroom suite. The home will have 4 additional bedrooms, 7 bathrooms and 5 car garage. Pool and also a 1bd/1ba guest house down by the water. This permit is currently expired but can be reinstated for the next 4 months. Architect can redesign plans to fit your needs.

FLKMLS #575232

Jun 27, 2017

Sold

$1,900,000

Apr 20, 2017

Listed

$1,995,000

MARMLS #A10262571

Jun 27, 2017

Sold

$1,900,000

Apr 20, 2017

Listed

$1,995,000

MARMLS #A10260048

Jun 27, 2017

Sold

$1,900,000

Apr 20, 2017

Listed

$1,995,000

FLKMLS #575239

May 2, 2017

Listing Removed

—

Apr 20, 2017

Listed

$1,995,000

FLKMLS #568051

Sep 28, 2015

Sold

$1,400,000

Jul 24, 2015

Listed

$1,750,000

Year

Property tax

Land + Additions

Assessment*

2025

$24,303 (+8.3%)

2024

$22,442 (+7.0%)

2023

$20,976 (+18.7%)

2022

$17,667 (+18.0%)

2021

$14,967 (−0.6%)

$1,791,113 + $2,655

$1,793,768

2020

$15,062 (+33.2%)

$1,791,113 + $2,832

$1,793,945

2019

$11,309 (+27.5%)

$1,791,113 + $2,832

$1,793,945

2018

$8,873 (−15.8%)

$1,011,864 + $3,186

$1,015,050

2017

$10,541 (−18.2%)

$1,145,004 + $72,262

$1,217,266

2016

$12,882 (+80.4%)

$1,197,347 + $202,112

$1,399,459

2015

$7,142 (−1.7%)

$1,197,347 + $202,112

$1,399,459

2014

$7,263

Public record

Beds

—

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

0.87 Acres

Year renovated

2006

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,925

Year built

2006

Style

Other

County

Monroe County

APN

1362 38 00490900000000

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

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Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Redfin Estimate for 54 Sunset Rd

$6,118,424

$582K under list price of $6.70M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $770K to $2.2M.

SOLD JUL 1, 2026
$770,000 Last sold price
3 beds3 baths— sq ft
94825 Overseas Hwy 220, Key Largo, FL 33037
smaller lot
SOLD JUN 11, 2026
$2,200,000 Last sold price
3 beds3 baths2,414 sq ft
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smaller lot
SOLD JUN 1, 2026
$1,912,500 Last sold price
4 beds2 baths1,840 sq ft
1202 Mockingbird Rd, Key Largo, FL 33037
smaller lot
SOLD JUN 18, 2026
$1,143,000 Last sold price
3 beds3 baths1,737 sq ft
94825 Overseas Hwy #204, Key Largo, FL 33037
smaller lot
SOLD JUN 2, 2026
$1,200,000 Last sold price
3 beds2 baths1,841 sq ft
230 Jolly Roger Dr, Key Largo, FL 33037
smaller lot
SOLD MAY 20, 2026
$1,700,000 Last sold price
3 beds2 baths1,674 sq ft
131 Harbor Dr, Tavernier, FL 33070
smaller lot

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