For sale

$999,000

Est. $6,866/mo —

Land

•

0.50

acre (lot)

16770 Cypress Rd, Sugarloaf Key, FL 33042

About this home

Active Permit! Start building today! Save years of planning and permitting with this exceptional 21,600 sq. ft. waterfront parcel in sought-after Sugarloaf Shores. Situated on a wide canal with ocean-side access, this property includes transferable approvals for a single family home with a 100' dock and a 15,000-lb boat lift, along with engineered plans for a custom pool offering the ultimate head start on your Florida Keys dream home. Sugarloaf Shores is renowned for its crystal clear wide canals, mangrove lined paddle board and kayak trails, quiet residential streets, and estate-sized lots. Full architectural plans, engineering reports, and permit documentation are available upon request.

Vacant landProperty Type

0.5 acresLot Size

$1,998,000Price/Acres

Listed by Lisa Ferringo • Coldwell Banker Schmitt Real Estate Co

Listing updated: Aug 24, 2026 at 12:17pm

Redfin checked: a minute ago

•Source:FLKMLS #621067

Payment calculator

$6,866 per month

Principal and interest$5,250

Property taxes

$400

HOA dues

Home insurance

$1,215

Utilities

Add

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Open houses

No upcoming open houses.

Nearby open houses (9)

OPEN SAT, 10AM TO 12PM
$998,000
3 beds2 baths1,225 sq ft
83 Sugarloaf Dr, Sugarloaf Key, FL 33042
OPEN SAT, 11AM TO 1PM
$819,500
3 beds2 baths960 sq ft
22968 Drake Ln, Cudjoe Key, FL 33042
OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$2,099,000
4 beds3.5 baths2,548 sq ft
1106 Thatch Ln, Cudjoe Key, FL 33042
OPEN SAT, 11AM TO 2PM3D WALKTHROUGH
$972,000
3 beds1 bath1,400 sq ft
12 Bay Dr, Key West, FL 33040
OPEN SAT, 11AM TO 2PM3D WALKTHROUGH
$1,199,000
3 beds2 baths1,559 sq ft
7 Diamond Dr, Key West, FL 33040
OPEN SAT, 11AM TO 1PM
$3,495,000
4 beds3.5 baths2,766 sq ft
414 E Caribbean Dr, Summerland Key, FL 33042
OPEN SAT, 11AM TO 1PM
$799,000
3 beds2 baths1,404 sq ft
91 Sirius Ln, Key West, FL 33040
OPEN SAT, 5PM TO 7PM
$495,000
Land— sq ft
Oharas Key Street Gulf, Saddlebunch, FL 33040
OPEN SUN, 11AM TO 1PM
$1,150,000
2 beds2 baths1,344 sq ft
20868 W 5th Ave, Cudjoe Key, FL 33042

Around this home

Schools

K - 12
Preschool & daycare

Sugarloaf School

Public PreK-8 • Assigned • 2.7mi

6/10

Key West High School

Public 9-12 • Assigned • 14.5mi

4/10

Provided by GreatSchools

About Sugarloaf

Shores

Sugarloaf Shores, located between Sugarloaf Key and Cudjoe Key, is a canal-front and low-density Lower Keys neighborhood with wide-water views and private docks. The neighborhood’s character concentrates around the U.S. 1 corridor near the turnoff for Sugarloaf Boulevard, where marinas, bait-and-tackle counters, and roadside seafood stops set a working-water tone. Homes lean coastal and practical—stilted builds, metal roofs, screened porches, and boat lifts facing finger canals. Days track the tides, with kayaks and skiffs slipping out toward backcountry flats and open Gulf water. Nearby anchors like Kiki’s Sandbar, the Florida Keys Wildlife & Environmental Area, and the Lower Keys Chamber of Commerce give the area a grounded, local rhythm.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
On waterfront
Canal view, bay view and open water view

Sale and tax history for 16770 Cypress Rd

Sale History
Tax History

Date

Event

Price

FLKMLS #621067

Aug 23, 2026

Listed

$999,000

Public Records

Nov 19, 2024

Sold

$700,000

FLKMLS #611197

Nov 30, 2024

Listing Removed

—

Aug 23, 2024

Listed

$899,000

FLKMLS #600213

Mar 2, 2023

Listing Removed

—

Dec 2, 2022

Price Changed

$699,000

Apr 26, 2022

Price Changed

$999,000

Mar 21, 2022

Listed

$1,149,000

FLKMLS #599887

Apr 26, 2022

Listing Removed

—

Feb 28, 2022

Listed

$2,800,000

FLKMLS #597076

Jan 24, 2022

Sold

$475,000

Dec 3, 2021

Contingent

—

Nov 27, 2021

Price Changed

$490,000

Nov 15, 2021

Relisted

—

Sep 24, 2021

Contingent

—

Aug 20, 2021

Price Changed

$495,000

Jul 28, 2021

Listed

$499,000

FLKMLS #595244

May 7, 2021

Sold

$349,000

Mar 19, 2021

Listed

$349,000

Public Records

Aug 15, 2008

Sold

$313,000

Public Records

Aug 30, 2006

Sold

$465,000

Public Records

Oct 8, 2004

Sold

$330,000

Public Records

Apr 18, 2002

Sold

$95,000

Public Records

May 5, 1998

Sold

$262,000

Public Records

Jun 9, 1994

Sold

$70,000

Public Records

Nov 1, 1983

Sold

$45,000

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.5 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Monroe County

APN

0367 27 00166976000600

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

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.

9.5 hrs

7.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 16770 Cypress Rd

$952,222

$47K under list price of $999K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $875K to $1.2M.

SOLD AUG 13, 2026
$950,000 Last sold price
2 beds2 baths1,150 sq ft
1129 Hawksbill Ln, Sugarloaf Key, FL 33042
smaller lot
SOLD AUG 6, 2026
$1,000,000 Last sold price
4 beds3 baths2,448 sq ft
165 Cutlass Ln, Cudjoe Key, FL 33042
smaller lot
SOLD JUL 2, 2026
$900,000 Last sold price
3 beds2 baths2,198 sq ft
21073 7th Ave, Cudjoe Key, FL 33042
smaller lot
SOLD AUG 31, 2026
$875,000 Last sold price
3 beds2 baths1,548 sq ft
209 Shore Ave, Key West, FL 33040
smaller lot
SOLD AUG 31, 2026
$920,000 Last sold price
3 beds2 baths1,200 sq ft
22811 Buccaneer Ln, Cudjoe Key, FL 33042
smaller lot
SOLD APR 28, 2026
$1,249,000 Last sold price
2 beds2 baths1,056 sq ft
17170 Amberjack Ln, Sugarloaf Key, FL 33042
smaller lot

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