123 Venetian Way, Sugarloaf Key, FL 33042

$950,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,548 Lot Size (sq. ft.): 13,200 Status: Active
Current Price: $950,000 List Date: 5/12/2026 Last Modified: 6/11/2026

Description

On a quiet dead-end street in the highly sought-after Sugarloaf Shores community, sits this fully renovated tropical retreat thats reminiscent of something straight out of a secret garden. Set on an oversized, gated and partially fenced parcel spanning over a quarter acre, this rare non-waterfront property offers the kind of lush green space that's nearly impossible to find in the Florida Keys. Towering old-growth foliage, vibrant established plantings, fresh new landscaping, and newly laid sod create a private, enchanted oasis where every corner invites you to slow down and stay awhile. Built in 1981 of solid concrete block construction and elevated on slab, this beautifully reimagined 3-bedroom, 2-bathroom home offers 1,548 square feet of airy, light-filled living space with bright neutral finishes and thoughtful details throughout. Every inch has been meticulously renovated, blending modern comfort with effortless island charm. Designed to embrace indoor-outdoor living, the property features multiple lanais and entertaining spaces perfect for morning coffee beneath the palms, sunset dinners with friends, or quiet afternoons surrounded by tropical serenity. The expansive lot offers endless opportunity for future enhancements -- envision a resort-style pool and tiki hut, a greenhouse, outdoor kitchen, play space for the kids, or all of the above. There's room here to truly create your dream Keys compound. Downstairs, nearly 400 additional square feet of enclosed storage and utility space adds incredible flexibility, while the paved 3-car carport with lighting and built-in workspace could easily be transformed into the ultimate outdoor entertaining kitchen or hobby space. Beloved Sugarloaf Shores provides peaceful island living with a scenic miles-long paved path, a laid-back Lower Keys atmosphere, and sought-after school district -- all just 15 minutes from exciting Key West. Rare Keys privacy, greenery, and possibility you may never want to leave.

Open Houses

Saturday, June 13, 11:30 am - 1:30 pm
Sunday, June 14, 11:30 am - 1:30 pm

More Information MLS# 619875

Contract Information

Current Price: $950,000 Listing Date: 2026-05-12 Listing Board: Key West Association List Price: $950,000 As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: Yes

Location Tax Legal

Street #: 123 Street Name: Venetian Street Suffix: Way Key/Island: Sugarloaf Key State/Province: FL Zip Code: 33042 County: Monroe Subdivision: Sugarloaf Shores (17.0) Area: 06 - Bay Point to Sugarloaf

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: No Pool: No Year Built: 1981 Lot Size: 120 X 110 Lot SqFt: 13200 Lot Sqft Source: Property Data Card Acres: 0.3 Living Apx SqFt: 1548 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 2 Total Baths: 2 Rentals Allowed: With Restrictions Min Rental Days: 28

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Building Style

Above Flood: Yes Stories: 1 Story

Vehicle Storage

Car(s): 3

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Other Bldg Style Vehicle Storage: Carport; Covered Parking; Guest Parking; RV Parking Open; Trailer Storage Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; FKAA Interior Features: Quartz Countertops; Smoke Alarms; Storage Specialty Rooms: Laundry Room; Workshop; Other Appliances: Dishwasher; Freezer; Microwave; More Appliances; Oven; Range; Refrigerator; Stainless Steel Appliance(s) Exterior Features: Fencing; Lanai; Lighting; Privacy Wall/Fence; Storage Construction: CBS; Concrete; Hardi Board Siding; Stucco Shutters: Accordion; Bahama Floor: Tile; Vinyl Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Bike Paths; Other Area Features Security: No Security Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional; FHA; VA Title: Abstract; Negotiable
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: June - 11 - 2026
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