54 Sunset Road, Key Largo, FL 33037

$4,695,000 — Active

Property Features

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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 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.

Property Details

  • Listing ID: A12095416
  • Status: Active
  • Listing Date: 2026-09-10
  • Property Type: Unimproved Land
  • Subdivision: SUNSET POINT
  • County: Monroe
  • MLS Area: 5940 - Other Florida County
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 38040

Financial

  • List Price: $4,695,000
  • HOA Fee: None
  • Taxes: $24,302/yr

Features & Amenities

  • View: Bay

Courtesy of Engel & Völkers Islamorada
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RAPB

© 2026 Starfish Real Estate. Listings updated Nov 6, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.