Multi-unit opportunity awaits (with room for a pool)! This 3 unit CBS construction complex is located in Sugarloaf Key, only 20 minute drive to Key West or 30 minutes to Marathon. For boaters, 5 minutes to Blimp Road boat launch and you are off to Marvin Key. For parents, 5 minutes to Sugarloaf school. This building was originally built in 1989 and has extensive updates due Irma damage. The new updates include a white metal roof (2019) with cat 5 storm strapping and new trusses, updated cat 5 rated impact resistant windows and doors, fire barriers added in attics between units, and R value spay foam insulation. Owner has information on qualifying for wind mitigation credits. South Unit 97 – 3 bed / 2 bath, 2,200 sq ft living space, 20 ft ceilings, upstairs loft space, massive bedrooms and huge closets, this unit is 99% finished, needs minor finishing touches. Center Unit 93 2 bed/ 2 bath, 1,200 sq ft living space, 20 ft ceilings, upstairs loft space this unit is 85% finished. Needs last panels of drywall (14 sheets included to finish). Needs finishing touches, ready for cabinets and appliances. Seller has tile for floors. North Unit 95 4 bed / 4 bath, 2800 sq ft living space, this unit is fully framed and ready for electrical and plumbing. Option for in hall air conditioning or ductless. Designed for optional two unit lock outs. Zoning can allow for short term rentals. Buyer to verify. Each unit has it's own private balcony with privacy partitions between the units. Units 95 & 97 have water view from 2nd floor. Building sits on over 39,000 * square foot private lot. * Buyer to verify square foot. Units are elevated above flood with enough room for parking underneath and enough room to add storage. * "Sewer tie-in permit 16105160 to be transferred to new owner at closing. Property fully compliant with Cudjoe Regional Waste Project. Buyer to verify. "
Multi-familyProperty Type
1989Year Built
0.9 acresLot Size
$236Est. Price/Sq.Ft.
Listed by Stephanie Wise• Keller Williams Key West Compass Realty
Listed by Sandra Swan• Keller Williams Key West Compass Realty
Bought with Ewa Schwarz• LoKation Real Estate
Bought with Peter Schwarz-Top Producer• LoKation Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
0.29 Acres
Year renovated
2015
Sq. Ft.
4,296
Year built
1989
Style
Multi-Family (2-4 Unit)
County
Monroe County
APN
3666 27 00118000000103
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 12, 2026.
SR
I
Suburban Residential District
The purpose of the SR district is to establish areas of low- to medium-density residential uses characterized principally by single-family detached dwellings. This district is predominated by development; however, natural and developed open space creates an environment defined by plants, spaces and over-water views.