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15760 Old State Road 4A

Sugarloaf Key, FL 33042
  • $19,750,000
  • STATUS: Active
  • ON SITE: 282 Days
  • MLS #: 617534
UPDATED: 231 min ago
$19,750,000
  • 6
    BEDS
  • 5.33
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
  • 4,402
    SQFT
  • $4,487
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1976
County:

School Ratings & Info

Description

RARE PRIVATE SANDY BEACH | OCEANFRONT ESTATE | 30 MINUTES TO KEY WEST 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.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/171006842
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15760 Old State Road 4A Sugarloaf Key, FL 33042

  • Price: $19,750,000
  • Status: Active
  • On Site: 282 Days
  • Updated: 231 min ago
  • MLS #: 617534
6
Beds
6
Baths
1
½ Baths
5.33
Acres
4,402
SQFT
$4,487
$/SQFT
1976
Built
Neighborhood:
Sugarloaf Beach (17.0)
County:
Monroe
Area:
06 - Bay Point To Sugarloaf
Property Description
RARE PRIVATE SANDY BEACH | OCEANFRONT ESTATE | 30 MINUTES TO KEY WEST 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.
Exterior Features

Architectural Style [] Attached Garage YN No Construction Materials CBSFrame Dock Other Exterior Features Sandy Beach Garage YN Yes Parking Features Open Patio And Porch Features Open Porch/Balcony Pool Features [] Pool Private YN No Roof Metal Roof Vehicle Storage GarageOpen Parking View [] Waterview Ocean View Window Features [] Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Interior Features

Accessibility Features [] Appliances WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveFreezer Cooling Central Air Cooling YN Yes Flooring Tile Furnished Unfurnished Heating Central Heating YN True Interior Split BedroomFire SprinklerSmoke AlarmsStorageQuartz Countertops Interior Features Fire SprinklerStorageQuartz Countertops Laundry Features [] Levels [] Rooms Total 0

Property Features

Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Building Features [] Community Features Bike Paths Control Depth 4 Deed Restricts Unknown Electric [] Flood Zone AEAEVEVE Frontage Type [] Green Energy Generation [] Green Water Conservation [] Land Size 5 Less Than 10 Acres Listing Terms [] Marathon Nbhd N/A Mile Marker 17 Min Rental Days 1 Other Equipment [] Other Structures [] Pets Allowed Yes Property Condition [] Property Sub Type Multi-Units Public Sewer Hookup No Rental Allowed Yes Security Features Electric GateOn Premises System Special Licenses [] Tax Annual Amount 22269.95 Tax Legal Description 15 67 27 PT GOVT LOT 1 SUGAR LOAF KEY and Sugarloaf Key PT GOV LT1 Tax Year 2024 Transient Rental License Yes Utilities [] Utilities Info FKAAAerobic System Water Source [] Waterfront Oceanfront Waterfront Features [] Waterfront YN Yes Zoning SRL - Sub Urban Residential District Limited

Listing courtesy of Lisa Swanson of The Agency Florida Keys: 305-916-1105.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036