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Sold for $1,595,000
  • $1,595,000

    16640 Cypress Rd, Sugarloaf Key, FL 33042

    3beds
    1,764sqft
    Single Family Residence
    Built in 1991
    0.34 Acres Lot
    $1,595,700 Zestimate®
    $904/sqft
    $6,700 Estimated rent

    Home value

    $1,595,700

    $1.44M - $1.77M

    $6,700/mo

    Zestimate® history
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    $9,825/mo

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    $9,825/mo

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    What's special

    Two guest bedroomsNew quartz countertopsCovered parkingBreathtaking cathedral cupolaStainless steel appliancesVibrant tropical landscapingSpacious walk-in closet
    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 m

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Swanson 305-924-3777,

    The Agency Florida Keys

    Bought with:

    Cheryl Billings, 3411722

    Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys

    Source: FLKMLS,MLS#: 617675MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Freezer, Gas Appliances
    • Laundry: Laundry Room
    Features
    • Built-in Features, Storage, Quartz Countertops
    • Flooring: Wood
    • Windows: Skylight(s)
    Interior area
    • Total structure area: 1,764
    • Total interior livable area: 1,764 sqft

    Property

    Parking
    • Parking features: Open, RV Access/Parking, Storage
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Deck, Widow's Walk
    • Exterior features: Rain Gutters, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Salt Water, Concrete
    • Fencing: Fenced,Privacy
    • On waterfront: Yes
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 00166976011000
    • Zoning: IS - Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Hardi Board Siding
    Condition
    • Year built: 1991

    Utilities & green energy

    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Security: Security Gate
    • Subdivision: Sugarloaf Shores (17.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Sugarloaf Key

    Financial & listing details

    • Price per square foot: $904/sqft
    • Tax assessed value: $979,708
    • Annual tax amount: $11,168
    • Date on market: 6/26/2026

    Price history

    DateEventPrice
    7/24/2026Sold$1,595,000$904/sqft
    Source: FLKMLS #617675 Report a problem
    7/3/2026Contingent$1,595,000$904/sqft
    Source: Key West AOR #617675 Report a problem
    6/26/2026Listed for sale$1,595,000$904/sqft
    Source: Key West AOR #617675 Report a problem
    6/16/2026Contingent$1,595,000$904/sqft
    Source: FLKMLS #617675 Report a problem
    5/4/2026Price change$1,595,000-5.9%$904/sqft
    Source: FLKMLS #617675 Report a problem
    4/3/2026Price change$1,695,000-2.9%$961/sqft
    Source: FLKMLS #617675 Report a problem
    3/27/2026Price change$1,745,000-2.8%$989/sqft
    Source: FLKMLS #617675 Report a problem
    3/2/2026Price change$1,795,000-2.4%$1,018/sqft
    Source: FLKMLS #617675 Report a problem
    2/23/2026Price change$1,839,000-1.9%$1,043/sqft
    Source: Key West AOR #617675 Report a problem
    2/5/2026Price change$1,875,000-3.3%$1,063/sqft
    Source: Key West AOR #617675 Report a problem
    12/11/2025Listed for sale$1,939,000+20.4%$1,099/sqft
    Source: Key West AOR #617675 Report a problem
    3/27/2023Sold$1,610,000-7.7%$913/sqft
    Source: FLKMLS #602749 Report a problem
    3/4/2023Pending sale$1,745,000$989/sqft
    Source: FLKMLS #602749 Report a problem
    2/11/2023Contingent$1,745,000$989/sqft
    Source: FLKMLS #602749 Report a problem
    2/3/2023Price change$1,745,000-2.8%$989/sqft
    Source: FLKMLS #602749 Report a problem
    12/29/2022Price change$1,795,000-5.3%$1,018/sqft
    Source: FLKMLS #602749 Report a problem
    10/14/2022Listed for sale$1,895,000+379.7%$1,074/sqft
    Source: FLKMLS #602749 Report a problem
    5/15/2017Listing removed$5,500$3/sqft
    Source: Zillow Rental Manager Report a problem
    1/25/2017Listed for rent$5,500$3/sqft
    Source: Zillow Rental Manager Report a problem
    8/12/2002Sold$395,000$224/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,681 -22.3%$979,708 -24.7%
    2024$11,169 +108.3%$1,301,737 +109.6%
    2023$5,362 +2.9%$621,118 +3%
    2022$5,213 -3.1%$603,028 +3%
    2021$5,379 +0.5%$585,465 +1.4%
    2020$5,352 $577,382 -4.3%
    2019$5,352 -4.6%$603,425 -1%
    2018$5,611 -3.5%$609,365 +15.9%
    2017$5,814 +8.4%$525,940 -19.3%
    2016$5,363 -9.1%$651,637 +26.9%
    2015$5,900 $513,697
    Find assessor info on the county website

    Neighborhood: 33042

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,595,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,595,700