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For sale
  • $2,375,000

    205 S Point Dr, Sugarloaf Key, FL 33042

    5beds
    2,772sqft
    : 
    Single Family Residence
    Built in 1985
    0.29 Acres Lot
    $2,202,600 Zestimate®
    $857/sqft
    $-- HOA

    What's special

    Five-bedroom four-bathroom residenceAbundant parkingWall-to-wall water viewsEndless turquoise viewsDesirable split-floor planExpansive living spaces
    Experience elevated waterfront living at this stunning South Point Sugarloaf Key retreat, where open-water serenity meets refined island design. This exceptional five-bedroom, four-bathroom residence is thoughtfully designed to host family and guests with ease, featuring a desirable split-floor plan and expansive living spaces framed by endless turquoise views.The primary suite is a private sanctuary, highlighted by a wall of windows that greets each morning with sweeping vistas of the open Atlantic--an ever-changing canvas of blues that defines life in the Florida Keys. Throughout the home, wall-to-wall water views create a seamless connection between indoor comfort and the surrounding seascape, offering multiple spaces to relax, entertain, and soak in the coastal atmosphere.Set on an impressive 12,500-square-foot lot, the property provides ample room for outdoor living, recreation, and plenty of room for a pool. Boaters will appreciate the 120-foot concrete seawall with davits, delivering effortless access to world-class fishing, diving, and the iconic Lower Keys sandbars.The elevated design allows the entire lower level to transform into an expansive open-air lounge and entertainment area, complemented by a generous storage room for all your boating and island gear, plus abundant parking.Located in one of the Lower Keys' most sought-after neighborhoods, this peaceful waterfront escape is just 15 minutes from Key West, offering the perfect balance of privacy and convenience.Schedule your private showing today--available in person or via live video--and discover the essence of luxury island living.
    88 days
    |
    550
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 06, 2026 at 01:48am

    Listed by:

    Dawn M McComish 305-395-3300,

    Lokation Real Estate

    Source: FLKMLS,MLS#: 617951MLS LogoOriginating MLS: Marathon/Lower Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Split Bedroom, Walk-In Closet(s), Built-in Cabinets, Sun/Florida Room
      • Flooring: Tile
      • Doors: Impact Rstnce Doors
      • Windows: Window Treatments, Impact Rstnce Window
      Interior area
      • Total interior livable area: 2,772 sqft

      Property

      Parking
      • Parking features: Carport, Covered, RV Parking Open, Off Street, Guest
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Open Porch/Balcony, Deck, Patio
      • Exterior features: Storage
      • Has spa: Yes
      • Spa features: Private
      • Has view: Yes
      • View description: Ocean, Water, Canal
      • Has water view: Yes
      • Water view: Ocean,Water,Canal
      • Waterfront features: Oceanfront, Open Water, Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 120, Dockage: Davits
      Lot
      • Size: 0.29 Acres
      • Features: 1/4 - 1/2 Acre
      Details
      • Parcel number: 00166976002400
      • Zoning: IS
      • Zoning description: Improved Subivision District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1985

      Utilities & green energy

      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Buyer to Verify

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $857/sqft
      • Tax assessed value: $1,704,101
      • Annual tax amount: $15,303
      • Date on market: 1/6/2026
      • Listing terms: Cash,Conventional
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        Estimated market value

        $2,202,600

        $2.09M - $2.31M

        $7,552/mo

        Price history

        Price history
        DateEventPrice
        1/6/2026Listed for sale$2,375,000$857/sqft
        Source: MLKAR #617951 Report a problem
        11/10/2025Listing removed$2,375,000$857/sqft
        Source: MLKAR #613114 Report a problem
        1/13/2025Listed for sale$2,375,000$857/sqft
        Source: MLKAR #613114 Report a problem
        10/23/2024Listing removed$2,375,000$857/sqft
        Source: Key West AOR #607647 Report a problem
        12/2/2023Listed for sale$2,375,000+5.6%$857/sqft
        Source: Key West AOR #607647 Report a problem
        5/22/2023Sold$2,250,000-4.3%$812/sqft
        Source: Key West AOR #603333 Report a problem
        4/24/2023Pending sale$2,350,000$848/sqft
        Source: FLKMLS #603333 Report a problem
        4/7/2023Contingent$2,350,000$848/sqft
        Source: Key West AOR #603333 Report a problem
        3/8/2023Price change$2,350,000-4.1%$848/sqft
        Source: Key West AOR #603333 Report a problem
        12/6/2022Listed for sale$2,450,000+148.7%$884/sqft
        Source: Key West AOR #603333 Report a problem
        8/22/2016Sold$985,000-7%$355/sqft
        Source: Public Record Report a problem
        8/9/2016Listed for sale$1,059,000$382/sqft
        Source: CENTURY 21 Schwartz Realty #571309 Report a problem
        7/19/2016Pending sale$1,059,000$382/sqft
        Source: CENTURY 21 Schwartz Realty #571309 Report a problem
        5/21/2016Price change$1,059,000-3.6%$382/sqft
        Source: CENTURY 21 Schwartz Realty #569223 Report a problem
        3/3/2016Price change$1,099,000-1.8%$396/sqft
        Source: CENTURY 21 Schwartz Realty #569223 Report a problem
        11/12/2015Price change$1,119,000-6.7%$404/sqft
        Source: CENTURY 21 Schwartz Realty #566025 Report a problem
        3/30/2015Price change$1,199,000-7.7%$433/sqft
        Source: CENTURY 21 Schwartz Realty #566025 Report a problem
        12/10/2014Listed for sale$1,299,000+116.5%$469/sqft
        Source: CENTURY 21 Schwartz Realty #566025 Report a problem
        4/17/2001Sold$600,000+53.8%$216/sqft
        Source: Public Record Report a problem
        1/14/1998Sold$390,000$141/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$15,304 -7.8%$1,704,101 -10.5%
        2024$16,600 +23.2%$1,904,672 +45.1%
        2023$13,471 +17.2%$1,312,716 +10%
        2022$11,495 +10.7%$1,193,378 +10%
        2021$10,388 +7.3%$1,084,889 +10%
        2020$9,678 $986,263 +10%
        2019$9,678 +11.2%$896,603 +0.2%
        2018$8,706 -2.5%$894,780 -10.9%
        2017$8,930 -9.7%$1,003,824 +8.7%
        2016$9,886 +5.3%$923,245 +50.9%
        2015$9,391 $611,901

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $13,465/mo
        Principal & interest
        $11842
        Property taxes
        $1623
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          Climate risks

          Neighborhood: 33042

          Getting around

          7 / 100
          Car-Dependent
          35 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 33042

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