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540 W Point Drive, Sugarloaf Key, FL 33042
$1,685,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,570
Lot Size (sq. ft.):
10,000
Status:
Closed
Current Price:
$1,685,000
List Date:
5/02/2023
Last Modified:
3/19/2026
Description
Welcome to your very own tropical paradise in highly sought-after Sugarloaf Shores neighborhood! This island gem epitomizes the coveted Keys lifestyle, complete with expertly-utilized downstairs entertaining space, an upstairs loft and a wealth of luxurious features. The home boasts an oversized lot, well-maintained exterior, brick paver driveway, and gated entry, offering added privacy and security. The property is adorned with lush tropical landscaping and comes fully equipped for entertaining. The stunning heated pool with beach entry and an in-ground hot tub for ultimate relaxation. Grill your fresh catch from the comfort of the large covered patio, boasting pristine Canal Views. For those who love to be on the water, the 100 ft concrete dock with davits provides easy access for boating and fishing. Rinse off after a long day in the sun in the luxurious outdoor shower. This home offers partial Open Water Views from the screened-in patio and open upstairs observation deck, creating the perfect atmosphere for al fresco dining. The fully equipped kitchen features a dual-fuel range and a spacious kitchen island with bar seating for casual dining or entertaining guests. The open-concept living space boasts high ceilings and pocket sliding glass doors, creating an open and airy atmosphere. The primary bedroom features an en suite bathroom and porch access, while the guest bedroom and upstairs loft offer additional space for visitors. An abundance of covered and open parking and storage make this home perfect for those with multiple vehicles and toys. An RV hookup on the property offers additional convenience. Unpack and relax in this picturesque island getaway. Your dream Florida Keys lifestyle awaits!
More Information MLS# 605141
Contract Information
Current Price: $1,685,000
Listing Date: 2023-05-02
Listing Board: Marathon/Lower Keys
Sold Price: $1,685,000
As is Rght to Inspct: Yes
Species List: Yes
Location Tax Legal
Street #: 540
Direction: W
Street Name: Point
Street Suffix: Drive
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: Yes
Control Depth: 3
Pool: Yes
Year Built: 1989
Lot SqFt: 10000
Lot Sqft Source: Property Data Card
Acres: 0.23
Living Apx SqFt: 1570
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
Sold Date: 2023-06-29
Sold Price: $1,685,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 100
Dock: Concrete
Building Style
Above Flood: Yes
Pool Info
Heated: Yes
Property Features
Fee Includes: None
Tax Exemptions: Homestead
Waterfront: Canal Front
Waterview: Canal View
Dockage: Davits
Vehicle Storage: Garage; Attached; Covered Parking; Off Street Parking; Open Parking; RV Parking Open
Furnished: Negotiable
Cooling: Central Air
Utilities: Buyer to Verify; FKAA; Municipal Sewer
Interior Features: Built-in Cabinets; Cathedral Ceilings; Sky Light(s); Storage
Specialty Rooms: Loft
Appliances: Dishwasher; Dryer; Gas Appliances; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Bar; Fencing; Hot Tub; Lighting; Outdoor Shower; Storage
Pool Info: In Ground; Salt Water
Construction: CBS
Shutters: Bahama
Floor: Carpet; Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Bike Paths
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Negotiable
Listing Office: Coldwell Banker Schmitt Lower Keys (KW)
Last Updated: March - 19 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
