Escape to Sunset Key, a private island sanctuary where refined elegance meets effortless tranquility. Just a four-minute ferry ride--operating 24 hours a day--from the vibrant charm in the heart of downtown Key West, this serene enclave offers the rare balance of seclusion and accessibility, keeping the energy of Old Town within effortless reach at any hour. This exquisite three-bedroom, three-bath beachfront home is thoughtfully designed to capture the essence of elevated island living. Wake to sweeping water views from the primary suite, and enjoy the same serene vistas from the main living area, where natural light and coastal beauty take center stage. Step outside to your private pool and spa, where you can unwind to the rhythm of waves lapping along the shoreline, all while enjoying gentle sea breezes and breathtaking sunsets over the Gulf of Mexico. The expansive main-level primary suite provides a tranquil retreat, while two beautifully appointed guest suites upstairs ensure comfort and privacy for all. Rich hardwood floors and natural stone finishes flow seamlessly throughout, complemented by a warm, sophisticated island aesthetic. Set within a private island enclave, Sunset Key offers access to exceptional amenities, including a gourmet waterfront restaurant, full-service spa, state-of-the-art fitness center, private beaches, tennis courts, and convenient ferry service. Perfectly positioned within minutes of Old Town Key West yet blissfully removed from the crowds, this secluded setting delivers a truly elevated lifestyle--where every detail is designed for quiet luxury and effortless escape.
Single-familyProperty Type
1996Year Built
6,243 sq ftLot Size
$2,611Price/Sq.Ft.
$4,112/moHOA Dues
Listed by Cardenas & Krug Cardenas & Krug Team• Coastal Collection Real Estate Inc.
Bought with Cardenas & Krug Cardenas & Krug Team• Coastal Collection Real Estate Inc.
Est. $6,721 per month, based on comparable rentals
Sale and tax history for 5 Sunset Key Dr
Sale History
Tax History
Date
Event
Price
FLKMLS #619242
Sep 16, 2026
Sold
$6,600,000
$2,611/sq ft
Aug 20, 2026
Relisted
—
May 26, 2026
Contingent
—
Mar 27, 2026
Listed
$7,000,000
$2,769/sq ft
FLKMLS #593997
Jul 16, 2021
Sold
$6,050,000
$2,393/sq ft
Jan 6, 2021
Listed
$6,100,000
$2,413/sq ft
+32
Come home to Sunset Key and enjoy all the ambiance and attractions of Key West only seven minutes away while preserving maximum peacefulness and privacy on a beautiful, private island, just off shore from Old Town Key West. This three-bedroom, three bath oceanfront residence features a private homeowner beach, heated pool/hot tub, vaulted living area, spacious main-level master suite plus two additional upper-level bedrooms and baths, solid hardwood and natural stone flooring inside and out and a comfortable warm island décor throughout. Sunset Key is an idyllic island oasis featuring a gourmet restaurant, spa, fitness center, private homeowner beaches, tennis courts, ferry service and a location nestled in a perfectly secluded spot in Key West harbor.
MARMLS #A2153231
May 22, 2016
Listing Removed
—
May 22, 2014
Listed
$5,500,000
$2,176/sq ft
FLKMLS #119858
Nov 23, 2015
Listing Removed
—
May 22, 2014
Listed
$5,500,000
$2,176/sq ft
MARMLS #A1955524
May 22, 2015
Listing Removed
—
May 22, 2014
Listed
$5,500,000
$2,176/sq ft
Public Records
Feb 13, 2002
Sold
$1,720,000
$680/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$48,345 (−3.2%)
$4,438,867 + $1,391,111
$5,829,978
2024
$49,941 (−0.7%)
$4,854,869 + $1,166,349
$6,021,218
2023
$50,302 (+3.3%)
$4,854,869 + $1,119,154
$5,974,023
2022
$48,677 (+21.4%)
$4,726,263 + $1,131,800
$5,858,063
2021
$40,104 (+10.5%)
2020
$36,304 (−1.2%)
$3,247,296 + $873,705
$4,121,001
2019
$36,728 (−4.8%)
$3,247,296 + $873,705
$4,121,001
2018
$38,594 (+0.3%)
$3,536,660 + $712,821
$4,249,481
2017
$38,486 (+1.0%)
$3,475,572 + $720,848
$4,196,420
2015
$38,116 (+16.7%)
$3,698,135 + $614,283
$4,312,418
2014
$32,673
Public record
Public record
Zoning
Permits
Beds
2
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
6,242 Sq. Ft.
Year renovated
2018
Sq. Ft.
2,528
Year built
1996
Style
Single Family Residential
County
Monroe County
APN
3667 24 00000200000505
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
HPRD
Historic Planned Redevelopment And Development District
The historic planned redevelopment and development district HPRD is established to implement comprehensive plan policies for areas designated HPRD on the comprehensive plan future land use map. The HPRD district shall provide a management framework for directing future redevelopment in several redeveloping fringe areas within and outside the review area of the historic architectural review commission.; The HPRD district includes the Truman Annex project, including Sunset Island. The HPRD district shall provide a basis for encouraging additional development and redevelopment activities in other areas. Such new development and redevelopment shall be designed to advance the goals, objectives and policies of the comprehensive plan. For instance, the HPRD district shall promote the following: Historic preservation.; Neighborhood facility improvements.; Architectural and urban design amenities which are consistent with the traditional Old Town historic character and which further subarea design and improvement strategies.; An increased supply of affordable housing which is accessible to targeted income groups over a longterm period.; Off-site parking facilities, including parking structures at strategically located areas through contributions to a special parking fund to be established to assist in financing construction of off-site centrally located parking facilities.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Office
Apr 9, 2018 • Final
Pools/spa - residential
Pool and hot tub
May 22, 2014 • Final
Renovation, conversion: residential
Pool and hot tub
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.