6 Beds
7 Baths
4,402 SqFt
6 Beds
7 Baths
4,402 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,402 sqft
Price per Sqft $4,486
Subdivision Sugarloaf Beach (17.0)
MLS Listing ID 617534
Style Above Flood
Bedrooms 6
Full Baths 6
Half Baths 1
HOA Y/N No
Year Built 1976
Annual Tax Amount $22,269
Tax Year 2024
Lot Size 5.330 Acres
Acres 5.33
Property Sub-Type Multi-Units
Land Area 4402
Property Description
A truly extraordinary opportunity on coveted Sugarloaf Beach--over 5 acres of private oceanfront property offering endless open-water views, exceptional privacy and a rare natural sandy beach in the Lower Keys. This remarkable estate includes two County-recognized residential dwelling units with an established history of permitted vacation-rental use, creating a valuable combination of existing residential rights, income potential and future redevelopment opportunity.
The main residence offers 4 bedrooms and 4 bathrooms, complemented by a second 2-bedroom, 2.5-bath residence, currently configured as luxury vacation rentals. A newly reconstructed 430-foot dock with stainless-steel pilings, stainless-steel support beams and composite decking provides exceptional boating access, with approximately 5-foot draft accommodating larger vessels. World-class fishing, diving and boating begin at your doorstep, with American Shoal Lighthouse approximately five miles offshore.
A recent professional environmental and development review identifies existing developed and disturbed areas as particularly valuable for future redevelopment and notes potential to enlarge, replace or substantially reconfigure the two existing residences, subject to applicable approvals. The adjoining vacant parcel also contains a preliminary upland opportunity area identified for further development evaluation, adding another compelling dimension to this exceptional offering.
With its private beach, expansive open-water setting, established residences, vacation-rental history and substantial waterfront infrastructure, this is a rare opportunity to create an extraordinary private compound or reimagine an iconic oceanfront retreat in one of the Florida Keys' most secluded settings.
Future development and redevelopment are subject to applicable governmental approvals, environmental requirements and permitting.
Location
State FL
County Monroe
Community Bike Paths
Area 06 - Bay Point To Sugarloaf
Zoning SRL - Sub Urban Residential District Limited
Interior
Interior Features Fire Sprinkler, Quartz Countertops, Smoke Alarms, Split Bedroom, Storage
Heating Central
Cooling Central Air
Flooring Tile
Furnishings Negotiable
Window Features Impact Rstnce Doors,Impact Rstnce Window
Appliance Freezer, Dryer, Washer, Dishwasher, Microwave, Oven, Range, Refrigerator
Exterior
Exterior Feature Sandy Beach
Parking Features Open
Community Features Bike Paths
Utilities Available FKAA, Aerobic System
Waterfront Description Oceanfront
Roof Type Metal Roof
Porch Open Porch/Balcony
Garage No
Building
Architectural Style Above Flood
Others
HOA Fee Include None
Tax ID 00119480-000400
Security Features Electric Gate,On Premises System
Pets Allowed Yes
Virtual Tour https://www.zillow.com/view-imx/fa4b247e-352d-46b2-bc31-2fb43109c918?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard