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For sale
  • $7,000,000

    5 Sunset Key Dr, Sunset Key, FL 33040

    3beds
    2,528sqft
    : 
    Single Family Residence
    Built in 1996
    6,098.4 Square Feet Lot
    $6,938,000 Zestimate®
    $2,769/sqft
    $4,112/mo HOA

    What's special

    Three-bedroom three-bath beachfront homePrivate island enclavePrivate pool and spaWarm sophisticated island aesthetic
    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.
    22 hours
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    41
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    Zillow last checked: 7 hours ago

    Listing updated: March 28, 2026 at 01:34am

    Listed by:

    Cardenas & Krug Team 305-848-1616,

    Coastal Collection Real Estate Inc.

    Source: FLKMLS,MLS#: 619242MLS LogoOriginating MLS: Key West Association

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Built-in Cabinets, Walk-In Closet(s), Storage
      • Windows: Drapes/Blinds Incl
      Interior area
      • Total interior livable area: 2,528 sqft

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Patio & porch: Open Porch/Balcony, Deck
      • Exterior features: Sandy Beach
      • Has private pool: Yes
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: Private
      • Fencing: Fenced
      • Has view: Yes
      • View description: Bay/Gulf View
      • Has water view: Yes
      • Water view: Bay/Gulf View
      • Waterfront features: Oceanfront, Waterfront, Sandy Beach, Dockage: None
      Lot
      • Size: 6,098.4 Square Feet
      • Dimensions: 51 x 122
      • Features: Less Than 1/4 Acre
      Details
      • Parcel number: 00000200000505
      • Zoning: HPRD
      • Zoning description: Hist Planned Redevelopment & Dev Dist

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Roof: Metal
      Condition
      • Year built: 1996

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Water: Water Separate Meter
      • Utilities for property: FKAA, Cable Available, Cable Connected

      Community & HOA

      Community
      • Features: Tennis Court(s), Spa, Beach
      • Security: Smoke Detector(s), Fire Sprinkler System, Patrolled Area
      • Subdivision: Sunset Key (Tank) Island Unrcd (0.0)
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Other, Security
      • HOA fee: $12,337 quarterly
      Location
      • Region: Sunset Key

      Financial & listing details

      • Price per square foot: $2,769/sqft
      • Tax assessed value: $5,829,978
      • Annual tax amount: $48,344
      • Date on market: 3/28/2026
      • Listing terms: Cash,Conventional
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        Estimated market value

        $6,938,000

        $6.04M - $7.98M

        $6,353/mo

        Price history

        Price history
        DateEventPrice
        3/28/2026Listed for sale$7,000,000+15.7%$2,769/sqft
        Source: FLKMLS #619242 Report a problem
        7/16/2021Sold$6,050,000-0.8%$2,393/sqft
        Source: FLKMLS #593997 Report a problem
        7/2/2021Listed for sale$6,100,000+10.9%$2,413/sqft
        Source: Key West AOR #593997 Report a problem
        11/24/2015Listing removed$5,500,000$2,176/sqft
        Source: Engel Voelkers #119858 Report a problem
        5/29/2014Listed for sale$5,500,000+219.8%$2,176/sqft
        Source: Tradewinds International Real Estate of Monroe County, LLC #119858 Report a problem
        2/13/2002Sold$1,720,000$680/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$48,345 -3.2%$5,829,978 -3.2%
        2024$49,941 -0.7%$6,021,218 +0.8%
        2023$50,302 +3.3%$5,974,023 +2%
        2022$48,677 +21.4%$5,858,063 +29.2%
        2021$40,104 +10.5%$4,533,101 +10%
        2020$36,304 $4,121,001 -0.2%
        2019$36,304 -1.2%$4,131,329 -2.8%
        2018$36,728 -4.8%$4,249,481 +1.3%
        2017$38,594 +0.3%$4,196,420 -2.7%
        2016$38,486 -0.8%$4,312,418 -3.1%
        2015$38,804 $4,452,029

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $44,575/mo
        Principal & interest
        $35680
        Property taxes
        $4783
        HOA Fees
        $4112
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          Climate risks

          Neighborhood: Sunset Key

          Getting around

          21 / 100
          Car-Dependent
          57 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 33040

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