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$474,000
Sugarloaf Key, FL 33042
MLS# 617936
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Property Description
Welcome to the lowest priced waterfront lot with an active building permit and DEP and Army Corp mitigation fees paid on prestigious Sugarloaf Key. This oversized 14,706 sq. ft. canal-front property features no-bridge ocean access, granting you instant entry to world-class fishing, diving, and boating. Located in the premier residential enclave of the Sugarloaf Shores, this lot includes an active building permit for a custom 2,120 sq. ft., 4-bedroom, 3-bath coastal-style home -- with Army Corps dock approval already secured. Build today or customize plans to suit your vision. Sugarloaf Key is beloved for its larger lots, upscale homes, and stunning natural beauty. Enjoy crystal-clear water, endless mangrove creeks perfect for paddleboarding or kayaking, and the convenience of being just 15 minutes from Key West. The neighborhood is quiet, well-maintained, and filled with luxury homes offering the perfect setting for full-time living, a vacation retreat, or investment property. Opportunities like this are rare, a cleared path to build in the most coveted location in the Lower Keys. Create your ideal Florida Keys dream home now while you still can!
Details
Maps
Documents
Contract Information
Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes
Current Price: $474,000
Listing Date: 2026-01-05
List Price: $474,000
Location, Tax & Legal
City: Sugarloaf
Off Shore Island: No
Tier: Tier 3
Mile Marker: 17
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 8664532
Parcel #: 00163011-000700
Zoning: IS - Improved Subivision District
Deed Restrictions: Unknown
Legal: TRACT G REPLAT LOTS 1 AND 2 SUGARLOAF SHORES PB7-33 (.34AC)
Taxes: 2919.93
Tax Year: 2025
Street #: 63
Street Name: Sugarloaf
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: Vacant Land
Waterfront: Yes
Control Depth: 3
Lot SqFt: 14706
Lot Sqft Source: Property Data Card
Total Lots: 1
Survey Available: Yes
Remarks & Misc
Remarks – Consumer: Welcome to the lowest priced waterfront lot with an active building permit and DEP and Army Corp mitigation fees paid on prestigious Sugarloaf Key. This oversized 14,706 sq. ft. canal-front property features no-bridge ocean access, granting you instant entry to world-class fishing, diving, and boating. Located in the premier residential enclave of the Sugarloaf Shores, this lot includes an active building permit for a custom 2,120 sq. ft., 4-bedroom, 3-bath coastal-style home -- with Army Corps dock approval already secured. Build today or customize plans to suit your vision. Sugarloaf Key is beloved for its larger lots, upscale homes, and stunning natural beauty. Enjoy crystal-clear water, endless mangrove creeks perfect for paddleboarding or kayaking, and the convenience of being just 15 minutes from Key West. The neighborhood is quiet, well-maintained, and filled with luxury homes offering the perfect setting for full-time living, a vacation retreat, or investment property. Opportunities like this are rare, a cleared path to build in the most coveted location in the Lower Keys. Create your ideal Florida Keys dream home now while you still can!
Directions: From the Overseas Highway, turn Oceanside onto Sugarloaf Blvd., then turn left onto Sugarloaf Dr.
Assoc/Misc Info
Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Miscellaneous Info
Mobile Home Lot: No
Recorded Plat: Yes
Dockage
None: 1
Tax Exemptions
None: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Neighborhood Feature
Other Area Features: 1
Location/Site
Paved Street: 1
Water Frontage: 1
BuildingPermit
Active Permit: 1
Land Size
1/4 - 1/2 Acre: 1
Title
Negotiable: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Tax Exemptions: None
Waterfront: Canal Front
Dockage: None
Waterview: Canal View
Neighborhood Feature: Other Area Features
BuildingPermit: Active Permit
Land Size: 1/4 - 1/2 Acre
Title: Negotiable
Survey 
Listing Office: Coldwell Banker Schmitt Real Estate Co
Last Updated: August - 22 - 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.