54 Sunset Road, Key Largo, FL 33037

$4,695,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12095416

Property Type: Land & Docks Lot Size (sq. ft.): 38,040 Status: Active

Current Price: $4,695,000 List Date: 9/10/2026 Last Modified: 9/25/2026

Overview

Description

Waterfront opportunity in Key Largo! This rare offering includes two lots with approximately 200 feet of crystal-clear bay frontage, breathtaking sunset views, and calm, clean bay waters. A ROGO letter allows for two residences to be built on the property, The U.S. Army Corps of Engineers previously approved a 250-foot dock. Buyer is responsible for conducting due diligence to verify current requirements and obtain any necessary permits and approvals Architectural plans are included for building your dream waterfront home. Investors and builders may have the opportunity to divide the two lots and construct two separate bayfront residences, subject to applicable approvals. Water, sewer, and electric are already in place. Enjoy a short walk to the beach just north of the property and a nearby public park with a convenient boat launch. A unique opportunity to create a private waterfront retreat or develop an investment in the Florida Keys.

Listing Details MLS# A12095416

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: 2
Lot Size Acres: 0.87
Lot Size Square Feet: 38040
Lot Size Dimensions: 38040
Additional Parcels YN: Yes
Waterfront YN: Yes
Water Frontage Feet: 200
Direction Faces: West
LP/SqFt: 123.42

Property Features

Current Use: Check Land Use Plan; Residential; Single Family Deed Restrictions: County Development Status: Raw Land Documents Available: Other Available Information; Plans; Survey Fencing: Fenced Other Structures: None Possession: Close Of Escrow Sewer: Public Sewer Soil Type: Dirt; Sand Trees: Partial Tree Coverage Utilities: Electricity Available; Sewer Available; Irrigation Water Onsite Boat and Dock Features: Electric Available; Parking; Ramp; Water Available Listing Terms: Cash; Conventional Lot Features: Cleared; Partially Filled Water Source: Public Water View: Bay Waterfront Features: Bayfront Showing Requirements: Call Listing Agent; Sign On Property Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 4695000
LP/Acre: 5378006.87

Location and Legal

Country: United States
County Or Parish: Monroe
County Parish Name: Monroe
Street Number: 54
Street Name: Sunset
Street Suffix: Road
City Name: Key Largo
State Or Province: FL
Postal Code: 33037
Postal Code +4: 2008
Postal Zip: 33037
Subdivision Name: SUNSET POINT
Area: 5940 - Other Florida County
Geographic Area: Other
Elementary School: Key Largo
Middle Or Junior School: Key Largo
High School: Coral Shores
Parcel Number: 00490900000000
Zoning: is
Flood Zone: AE,VE

Financial Information

Association YN: Yes
Association Membership: Voluntary
Tax Year: 2025
Tax Annual Amount: 24302
Tax Legal Description: BK 3 LTS 9 AND 10 SUNSET POINT PB2-81 KEY LARGO G46-285 OR409-269 OR1266-1905 OR1287-2501M/T OR2762-1715 OR2863-1619 OR2964-1218 OR3184-2315

Status Change Information

Major Change Timestamp: 2026-09-10T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-09-24

More Information

Boat and Dock Information

Dock: Yes
Dock Details: Community Boat Ramp, Community Ramp

Price Calculations

Current Price To SqFt: 123.46

Section Details

Parcel Number MLX: 0000

Originating Details

Originating System Key: 564659593
Originating System ID: M00000151

Listing Office: Engel & Völkers Islamorada

Last Updated: September - 25 - 2026

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54 Sunset Road, Key Largo, FL 33037 (MLS# A12095416)