SOLD JUL 24, 2026

Sold on Jul 2026

$1,595,000

•

1,764

sq ft

16640 Cypress Rd, Sugarloaf Key, FL 33042

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About this home

RARE Solar-Powered Waterfront Tropical Gem with TESLA Solar Storage Banks on Prestigious Sugarloaf Key! A rare opportunity to own a fully solar-powered waterfront residence featuring 26 solar panels and two Tesla Solar Powerwall storage banks, offering exceptionally low energy costs, backup power, and the potential to earn credits by supplying excess energy back to the grid. This elevated 3 BD, 2 BA, 1,764 SF home sits on exclusive Southpoint—only three homes from open water and just 20 minutes to Key West. Step inside to a breathtaking cathedral Cupola, soaring above the open living, dining, and great room. Impact-glass windows fill the space with natural light, highlighting the home's tropical architecture and warm coastal finishes. The kitchen is designed for effortless entertaining with a double island, stainless steel appliances, and new quartz countertops. The split floor plan creates exceptional privacy. The primary suite features a large walk-in shower, jacuzzi tub, double vanity, and a spacious walk-in closet that connects to a versatile laundry/fitness/office room—also home to the Tesla storage banks. The opposite wing offers two guest bedrooms and a dual-access bathroom with two private vanities. Enhance your waterfront lifestyle with an impressive concrete boat ramp for jet skis, boats, kayaks, and paddleboards, plus a newly installed 10,000 lb boat lift on a deep, wide, crystal-clear canal providing fast access to both the Gullf and Atlantic. The oversized 15,000 SF lot bursts with vibrant tropical landscaping and includes a newly completed tropical pool with natural rock feature. Enjoy sunset views and star-filled nights from the rooftop observation deck. Additional features include Andersen impact windows and sliding glass doors, low insurance costs, covered parking, and excellent storage below the home. A rare Keys offering combining sustainable energy, modern resilience, and luxurious waterfront living—an exceptional opportunity in today's market

Single-familyProperty Type

1991Year Built

0.34 acresLot Size

$904Price/Sq.Ft.

Listed by Lisa Swanson • The Agency Florida Keys

Bought with Cheryl Billings • Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys

Redfin checked: a few seconds ago

•Source:FLKMLS #617675

Redfin Estimate

$1,451,666

$143K since sold in July 2026$10K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.7% lower than the average sale price ($1.64M) of 6 comparable homes.

SOLD JAN 28, 2026
$1,650,000
A
3 beds2 baths1,750 sq ft
17213 Starfish Ln, Sugarloaf Key, FL 33042
SOLD JUN 15, 2026
$2,500,000
B
3 beds2 baths1,714 sq ft
653 Sawyer Dr, Cudjoe Key, FL 33042
SOLD MAR 6, 2026
$1,525,000
C
3 beds2 baths1,788 sq ft
17227 Allamanda Dr, Summerland Key, FL 33042
SOLD MAY 28, 2026
$1,400,000
D
3 beds2 baths1,296 sq ft
17195 Hibiscus Ln, Sugarloaf Key, FL 33042
SOLD JUN 5, 2026
$1,937,500
E
3 beds2 baths1,767 sq ft
1058 E Buttonwood Dr, Sugarloaf Key, FL 33042
SOLD MAR 17, 2026
$850,000
F
3 beds2 baths1,392 sq ft
17137 W Bonita Ln, Summerland Key, FL 33042

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Market trends in 33042, FL

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.8%

+1.2% MoM

Median sale price

$1.1M

$10K MoM

Avg. days on market

121d

11 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 12 HRS AGO
$982,600
2 beds2 baths864 sq ft
701 Spanish Main Dr #198, Cudjoe Key, FL 33042
$950,000
2 beds1 bath902 sq ft
24923 Park Dr, Summerland Key, FL 33042
3D WALKTHROUGH
$1,099,000
3 beds2 baths1,488 sq ft
27334 Guadaloupe Ln, Ramrod Key, FL 33042
$849,000
3 beds3 baths1,800 sq ft
22832 John Silver Ln, Cudjoe Key, FL 33042
See all

Provided by Redfin

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Rental estimate

Est. $4,797 per month, based on comparable rentals

Sale and tax history for 16640 Cypress Rd

Sale History
Tax History

Date

Event

Price

FLKMLS #617675

Jul 24, 2026

Sold

$1,595,000

$904/sq ft

Jul 3, 2026

Contingent

—

Jun 26, 2026

Relisted

—

Jun 16, 2026

Contingent

—

May 4, 2026

Price Changed

$1,595,000

$904/sq ft

Apr 3, 2026

Price Changed

$1,695,000

$961/sq ft

Mar 27, 2026

Price Changed

$1,745,000

$989/sq ft

Mar 2, 2026

Price Changed

$1,795,000

$1,018/sq ft

Feb 22, 2026

Price Changed

$1,839,000

$1,043/sq ft

Feb 5, 2026

Price Changed

$1,875,000

$1,063/sq ft

Dec 11, 2025

Listed

$1,939,000

$1,099/sq ft

FLKMLS #602749

Mar 27, 2023

Sold

$1,610,000

$913/sq ft

Feb 11, 2023

Contingent

—

Feb 3, 2023

Price Changed

$1,745,000

$989/sq ft

Dec 29, 2022

Price Changed

$1,795,000

$1,018/sq ft

Oct 14, 2022

Listed

$1,895,000

$1,074/sq ft

+99

RARE SOLAR POWERED waterfront Tropical Gem with TESLA storage banks! This ''Off The Grid'' gorgeous 3 bed 2 bath 1,764 SF stilted home has minimal energy bills & potential to earn energy credits by supplying excess energy back to the ''grid''. 26 solar panels with 2 Tesla power storage banks make this home highly energy efficient giving you peace of mind during a storm & no worries during power outages. Located on prestigious Southpoint, Sugarloaf Key only 3 homes from open water & only 20 minutes from Key West, this gorgeous home greets you with a breathtaking Cupola as you step inside. The soaring cathedral Cupola with impact side windows takes the center stage above the open plan living, dining and great room. The kitchen features a double island, stainless steel appliances & granite countertops. Split bedroom floorplan with the primary suite on the west side with a large walk-in shower, jacuzzi tub & double vanity. The spacious closet leads from the primary bed into the laundry/fitness/office where the Tesla storage banks are housed. On the opposite side of the home you will find 2 guest beds with a large dual access bathroom complete with 2 separate private vanities. There is an impressive extra large concrete ramp for you to launch your boat, jetskis, paddleboards, kayaks & water toys. Dock your boat alongside the long composite dock or on the floating dock in this deep crystal clear wide canal. Quick access to the Gulf & Atlantic Ocean. The oversized 15,000 SF lot is beautifully landscaped with lush foliage bursting with vibrant colors & there is plenty of room for a pool. Enjoy spectacular views, sunsets & star gaze at night from the rooftop open deck. Low insurances. Equipped with expensive Andersen impact windows & glass sliding doors. Storage & covered parking under the home. Check out the awesome live video to satisfy your virtual showing requests. A true rare find in the Keys home market!

FLKMLS #91756

Aug 9, 2002

Sold

$395,000

$224/sq ft

May 31, 2002

Listed

$399,900

$227/sq ft

FLKMLS #511882

Aug 9, 2002

Sold

$395,000

$224/sq ft

May 31, 2002

Listed

$399,900

$227/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$8,681 (−22.3%)

$614,100 + $365,608

$979,708

2024

$11,169 (+108.3%)

$941,175 + $360,562

$1,301,737

2023

$5,362 (+2.9%)

2022

$5,213 (−3.1%)

2021

$5,379 (+0.5%)

2020

$5,352 (−4.6%)

$293,700 + $283,682

$577,382

2019

$5,611 (−3.5%)

$293,700 + $283,682

$577,382

2018

$5,814 (+8.4%)

$361,125 + $248,240

$609,365

2017

$5,363 (+1.0%)

$273,375 + $252,565

$525,940

2015

$5,310 (+7.9%)

$424,003 + $227,634

$651,637

2014

$4,921

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.34 Acres

Year renovated

2010

Sq. Ft.

1,764

Year built

1991

Style

Single Family Residential

County

Monroe County

APN

0367 27 00166976011000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 10, 2026.

III

Improved Subdivision District

The purpose of the IS district is to accommodate the legally vested residential development rights of the owners of lots in subdivisions that were lawfully established and improved prior to the adoption of this LDC. For the purpose of this section, improved lots are those that are served by a dedicated and accepted existing road of porous or nonporous material, that have an approved potable water supply, and that have sufficient uplands to accommodate the proposed use in accordance with the required setbacks. This district is not intended to be used for new land use districts of this classification within the county.

Zone overlays

Tier III Overlay District

Permitted uses

Include but are not limited to:

Housing-Multiple units
Infrastructure

Property details

Parking

Parking / Garage Information
Vehicle Storage: Carport, Trailer Storage, RV Parking Open, Open Parking

Interior

Virtual Tour

Interior Features
Interior Features: Cathedral Ceilings, Window Treatments, Quartz Countertops, Storage, Sky Light(s), Built-in Cabinets, Split Bedroom
Flooring: Wood Floor
Windows/Doors: Sliding Glass Doors, Impact Rstnce Window
Heating: Central
Cooling/Heating: Central A/C, Ceiling Fans
Appliances: Washer, Gas Appliances, Freezer, Oven, Refrigerator, Dishwasher, Dryer
Furnished: Furniture Negotiable

Bathroom Information
# of Full Baths: 2

Specialty Room Information
Specialty Rooms: Laundry Room, Workshop

Exterior

Boat Slip/Dock Information
Dockage: Boat Ramp
Dockage: Dock: Composite

Exterior Features
Exterior Features: Fencing, Storage, Privacy Wall/Fence, Gutters
Has Pool
Pool Is Heated
Pool Information: In Ground, Concrete, Tidal/Salt Water
Pool Info: Other: Chiller and Heater,
Pool Info: Other Material: Waterfall feature
Porch/Balcony: Open Porch/Balcony, Deck, Widow's Walk
Shutters: Bahama, Panel

Security
Electric Gate

Property Features
On Waterfront
Waterfront Type: Canal Front
Waterview: Bay/Gulf View, Open Water View, Canal View

Property Information
Deed Restrictions: Unknown
Pets: Pets Allowed
Rentals Allowed: With Restrictions
Min Rental Days: 28

Lot Information
Acres: 0.34
Zoning: IS - Improved Subivision District
Land Size: 1/4 - 1/2 Acre
Control Depth: 3
Flood Zone: AE

Building Information
Year Built: 1,991
Sq. Ft. Source: Property Data Card
Building Style: Above Flood: Yes
Construction: Frame, Hardi Board Siding
Roof: Metal Roof

Subdivision/Neighborhood
Subdivision: Sugarloaf Shores (17.0)
Marathon Neighborhood: N/A

Financial

Tax Information
Taxes: $11,168.93
Tax Year: 2,024
Tax Exemptions: Homestead

Utilities

Utility Information
Utilities: FKAA, Solar Power, Municipal Sewer
Solar Panels
Has Public Sewer Hook-up

Location

Homeowners Association Information
Association Info: 1st Right of Refusal: No
Association Info: Association Fee $: 0.00
Fee Includes: None

Location Information
Side: Ocean
Mile Marker: 17.00

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,764
Stories: 2.0
Lot Size: 0.34 acres
Style: Single Family Residential
Year Built: 1991
Year Renovated: 2010
County: Monroe County
APN: 0367 27 00166976011000

Home facts updated by county records on Jul 10, 2026

Around this home

8/100 Car-Dependent36/100 Somewhat bikeable

Schools
Places
Transit

Sugarloaf School

Public PreK-8 • Assigned • 2.8mi

6/10

Key West High School

Public 9-12 • Assigned • 14.3mi

4/10

Provided by GreatSchools

Climate risks

10/10 Flood Factor

Estimated 80%+ chance 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

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Sugarloaf Key, FL • 33042

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

99/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.4 hrs

7.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.38M – $1.67M

Sell confidently with a local market expert in Sugarloaf Key.

Nearby similar homes

$950,000

2 beds1 bath902 sq ft

24923 Park Dr, Summerland Key, FL 33042

$850,000

3 beds2 baths1,296 sq ft

441 Avenue A, Key West, FL 33040

NEW CONSTRUCTION

$899,000

3 beds2 baths1,242 sq ft

23940 Overseas Hwy, Summerland Key, FL 33042

3D WALKTHROUGH

$1,300,000

2 beds2 baths1,240 sq ft

486 S Airport Dr, Summerland Key, FL 33042

$649,000

2 beds2 baths960 sq ft

24740 Park Dr, Summerland Key, FL 33042

OPEN SUN, 2PM TO 4PM

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5 beds4 baths3,886 sq ft

23950 Overseas Hwy, Summerland Key, FL 33042

New listings for sale in 33042

NEW 12 HRS AGO

$982,600

2 beds2 baths864 sq ft

701 Spanish Main Dr #198, Cudjoe Key, FL 33042

$950,000

2 beds1 bath902 sq ft

24923 Park Dr, Summerland Key, FL 33042

3D WALKTHROUGH

$1,099,000

3 beds2 baths1,488 sq ft

27334 Guadaloupe Ln, Ramrod Key, FL 33042

$849,000

3 beds3 baths1,800 sq ft

22832 John Silver Ln, Cudjoe Key, FL 33042

Home values near 16640 Cypress Rd

Data from public records.

Address	Redfin Estimate
16610 Cypress Rd, Sugarloaf Key, FL 3 Beds \| 3 Baths \| 1200 Sq. Ft.	$1,260,522
85 South Point Dr, Sugarloaf Key, FL 3 Beds \| 3 Baths \| 1609 Sq. Ft.	$1,244,263

Address	Redfin Estimate
16710 Cypress Rd, Sugarloaf Key, FL 3 Beds \| 3 Baths \| 1300 Sq. Ft.	$1,190,266
16625 Croton Ct, Sugarloaf Key, FL 3 Beds \| 2 Baths \| 2252 Sq. Ft.	$2,205,935

Address	Redfin Estimate
16600 Cypress Rd, Sugarloaf Key, FL 3 Beds \| 2 Baths \| 2516 Sq. Ft.	$2,736,548
185 South Point Dr, Sugarloaf Key, FL 4 Beds \| 4 Baths \| 2743 Sq. Ft.	$1,626,167

Property information provided by FLKMLS when last listed in 2025. This data may not match . Learn more.

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16640 Cypress Rd, Sugarloaf Key, FL 33042

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About this home

Redfin Estimate

Market trends in 33042, FL

Homeowner tools

Sale and tax history for 16640 Cypress Rd

Public record

Property details

Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

Around this home

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33042

Home values near 16640 Cypress Rd

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