1626 Sirugo Avenue, Key West, FL 33040

$2,250,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,192 Lot Size (sq. ft.): 7,775 Status: Contingent
Current Price: $2,250,000 List Date: 12/20/2025 Last Modified: 1/21/2026

Description

Discover an unrivaled Key West opportunity. If a third floor were added to this home, this property would offer ocean views that are truly one-of-a-kind for this island. This generously sized 7,775-square-foot lot provides a rare canvas for your architectural vision, delivering potential for a third floor or additional wings to capture even more panoramic ocean vistas while preserving the existing home's privacy and outdoor space. This 5 Bed 3 bath property stands apart with its dramatic ocean breezes and tropical ambiance, inviting a lifestyle of year-round outdoor living and sophisticated entertaining. A private driveway accommodates up to four cars. The oversized lot could accommodate an RV, large boat, or future expansions without compromising the current residence. The crown jewel of outdoor living is one of Key West's largest pools, complemented by an overflow spa and a tropical tiki hut that sets the stage for watching Sunday games, sunset gatherings, or simple tropical solace. Adjacent to the main residence sits a legally attached apartment, a versatile guest suite or in-law unit that also holds strong potential as a revenue stream, providing immediate income diversification as you plan further enhancements. Inside, the home presents a substantial footprint ripe for reimagining, with room to optimize layouts to maximize living space and ocean views. The attached apartment enhances the property's appeal by offering flexible guest accommodations or a dedicated income source while you pursue expansions. The property's footprint and scope are especially attractive to developers or buyers with a vision, enabling a second master suite, a separate guest house, or a thoughtfully integrated addition that complements the lush tropical landscaping and pool complex. The outdoor oasis is framed by tropical landscaping that creates lush privacy and a resort-like ambiance.

More Information MLS# 617775

Contract Information

Current Price: $2,250,000 Listing Date: 2025-12-20 Listing Board: Key West Association List Price: $2,250,000 As is Rght to Inspct: Yes Species List: No

Location Tax Legal

Street #: 1626 Street Name: Sirugo Street Suffix: Avenue Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Sunshine Sub Plat 1 (3.0) Area: 03 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: No Pool: Yes Year Built: 1976 Total Units: 2 Lot Size: 75X100 Lot SqFt: 7775 Lot Sqft Source: Property Data Card Acres: 0.18 Living Apx SqFt: 2192 SqFt Source: Property Data Card Total Bedrooms: 5 Full Baths: 3 Total Baths: 3 Rentals Allowed: With Restrictions Min Rental Days: 38

Status Change Info

Contingent: Contingent Status: Contingent

Association Info

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

Building Style

Above Flood: Unknown

Vehicle Storage

Car(s): 4+

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: None Waterview: Ocean View Dockage: None Vehicle Storage: Guest Parking; Off Street Parking; RV Parking Open Furnished: Unfurnished Cooling: Ceiling Fans(s); Ductless Utilities: FKAA Interior Features: Granite Counter Top; Other Pre-Wired: Cable Specialty Rooms: Other Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator Accessibility Feat: None Pool Info: In Ground Construction: CBS; Combo Construction Roof: Metal Roof Pets: Pets Allowed Land Size: More than 1 Lot Terms: Cash; Conventional; Seller Finance Psble Title: Negotiable
Listing Office: Engel & Volkers Key West
Last Updated: January - 21 - 2026
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