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Under contract
  • $7,950,000

    16 Sunset Key Dr, Key West, FL 33040

    4beds
    2,650sqft
    : 
    Single Family Residence
    Built in 1999
    5,662.8 Square Feet Lot
    $7,181,900 Zestimate®
    $3,000/sqft
    $3,874/mo HOA

    What's special

    A rare opportunity to own the only active listing on the most prestigious shoreline of Sunset Key -- Crescent Beach. This immaculate 4-bedroom, 3.5-bath home offers direct beach access from your backyard and showcases vibrant, dramatic island flair throughout.Upon entry, you're welcomed by soaring 25-ft ceilings, a dramatic great room with a custom chandelier, and an open layout flowing into the dining area and updated chef's kitchen featuring slab granite countertops, Wolf range and oven, Sub-Zero refrigeration, and a new dishwasher. The main level also includes two bedrooms, a half bath, and a laundry room.Outside, a brand-new travertine terrace and new pool create an exceptional indoor-outdoor living experience. A private gate opens directly onto Crescent Beach, where you can enjoy peaceful mornings and spectacular nightly sunsets.Upstairs, the expansive master suite offers breathtaking waterfront views, a private porch overlooking Crescent Beach, and the serene sound of waves washing ashore. Additional features include a walk-in closet and a stunning ensuite bathroom with deep green granite countertops, a soaking tub, and a walk-in shower. A second ensuite guest room completes the upper level.Meticulously maintained by only its second owner in 20 years, this home includes significant recent upgrades: new roof, new A/C systems, new pool, and refreshed landscaping and lighting. Offered furnished with high-end island-style decor.A truly one-of-a-kind opportunity to own a turnkey luxury residence in the most coveted location on Sunset Key.
    132 days
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    627
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    6
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    Zillow last checked: 7 hours ago

    Listing updated: March 09, 2026 at 03:31am

    Listed by:

    Hana Tomita 305-923-6344,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Source: FLKMLS,MLS#: 617398MLS LogoOriginating MLS: Key West Association

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Gas Appliances, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Built-in Cabinets, Walk-In Closet(s), Storage, Granite Counters, Cathedral Ceiling(s)
      • Flooring: Tile, Marble, Wood
      • Doors: French Doors
      • Windows: Drapes/Blinds Incl, Window Treatments, Single Hung Windows, Aluminum Frames
      • Furnished: Yes
      Interior area
      • Total interior livable area: 2,650 sqft

      Property

      Parking
      • Parking features: Garage, Covered, Vehicle Restrictions, Guest, Assigned
      • Has garage: Yes
      Accessibility
      • Accessibility features: No
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio
      • Exterior features: Lighting, Storage, Sandy Beach, Outdoor Shower
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Decked, Concrete
      • Fencing: Privacy
      • Has view: Yes
      • View description: Ocean, Water, Bay/Gulf View
      • Has water view: Yes
      • Water view: Ocean,Water,Bay/Gulf View
      • Waterfront features: Oceanfront, Open Water, Gulf Front, Waterfront, Sandy Beach, Dockage: Dock Privileges, First Come Dock
      Lot
      • Size: 5,662.8 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Additional structures: Shed(s)
      • Parcel number: 00000200000516
      • Zoning: SF
      • Zoning description: Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1999

      Utilities & green energy

      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Cable Available, Cable Connected

      Community & HOA

      Community
      • Features: Tennis Court(s), Bike Paths, Spa, Beach
      • Security: Smoke Detector(s), Security System, Patrolled Area
      • Subdivision: Sunset Key (Tank) Island Unrcd (0.0)
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds
      • HOA fee: $11,621 quarterly
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $3,000/sqft
      • Tax assessed value: $5,718,331
      • Annual tax amount: $47,454
      • Date on market: 11/20/2025
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        Estimated market value

        $7,181,900

        $6.82M - $7.54M

        $7,962/mo

        Price history

        Price history
        DateEventPrice
        3/3/2026Contingent$7,950,000$3,000/sqft
        Source: Key West AOR #617398 Report a problem
        11/21/2025Listed for sale$7,950,000+84.9%$3,000/sqft
        Source: Key West AOR #617398 Report a problem
        2/7/2005Sold$4,300,000$1,623/sqft
        Source: FLKMLS #94367 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$47,426 -0.1%$5,718,331 0%
        2024$47,455 +2.8%$5,719,301 +6.4%
        2023$46,171 +8.2%$5,374,966 +10%
        2022$42,677 +8.7%$4,886,333 +10%
        2021$39,244 +10.3%$4,442,121 +10%
        2020$35,582 $4,038,292 -0.3%
        2019$35,582 -1.2%$4,049,639 -1.3%
        2018$36,008 -3.4%$4,101,519 +1.2%
        2017$37,261 +1.5%$4,053,777 -2.8%
        2016$36,701 -0.9%$4,170,688 -0.8%
        2015$37,051 $4,204,162

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $50,557/mo
        Principal & interest
        $41251
        Property taxes
        $5432
        HOA Fees
        $3874
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          Climate risks

          Neighborhood: Sunset Key

          Getting around

          24 / 100
          Car-Dependent
          22 / 100
          Minimal Transit
          58 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 33040

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