16623 Banyan Lane, Sugarloaf Key, FL 33042 (MLS# 584722)

16623 Banyan Lane, Sugarloaf Key, FL 33042

$2,025,000

Property Type: Residential Bedrooms: 5 Baths: 3.1 Square Footage: 4,078 Lot Size (sq. ft.): 25,920 Status: Closed

Current Price: $2,025,000 List Date: 3/12/2019 Last Modified: 3/19/2026

Overview

Description

This 4,000 sq. ft. custom built concrete 5 BR 3.5 BA Pool home sprawls over 1/2 acre point lot & is highlighted by gorgeous sunset views over Sugarloaf Sound. As you enter through the Foyer to the large Great Room beautiful Brazilian hardwood floors & soaring ceilings greet you along w/lots of glass looking out to the open water. The Chef's Kitchen offers granite counters, lots of cabinetry & breakfast nook w/wide water views. The Master Suite is complete with large bath, his/her walk-in closets & picturesque views of the bay. The 2nd story Family Room is ideal for entertaining friends & family. Guests are accommodated in the Guest Wing w/2 large Suites. The tropically landscaped grounds boasts a sparkling waterfront pool & concrete dock w/davits. 5- car Garage & metal roof & storage.

Listing Details MLS# 584722

Location, Tax & Legal

Street #: 16623
Street Name: Banyan
Street Suffix: Lane
Key/Island: Sugarloaf Key
State/Province: FL
Zip Code: 33042
County: Monroe
Subdivision: Sugarloaf Shores (17.0)
Area: 06 - Bay Point to Sugarloaf
City: Sugarloaf
Mile Marker: 17
Side: Ocean
Flood Zone: AE
Alternate Key #: 1215406
Parcel #: 00166976-010600
Zoning: IS - Improved Subivision District
Deed Restrictions: Unknown
Legal: LT 106 REV PLAT OF AMD PLAT OF SUGARLOAF SHORES SEC F SUGARLOAF KEY PB6-9 OR477-999/1000 OR821-1218 OR1027-631 OR1095-44
Taxes: 15362.41
Tax Year: 2017
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 3
Pool: Yes
Year Built: 2002
Total Units: Yes
Lot SqFt: 25920
Acres: 0.6
Living Apx SqFt: 4078
SqFt Source: Property Data Card
Total Bedrooms: 5
Full Baths: 3
Half Baths: Yes
Total Baths: 3.1
Rentals Allowed: With Restrictions
Min Rental Days: 28

Status Change Info

Sold Date: 2020-08-27

Association Info

Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 0

Dockage

Dock: Concrete
Boat Ramp: Yes
Davits: Yes

More Information

Building Style

Above Flood: Unknown
Stilt Column Height: Medium - 5Ft - 9Ft

Vehicle Storage

Car(s): 3
Garage: Yes
RV Parking Open: Yes
Auto Door Opener: Yes
Off Street Parking: Yes
Trailer Storage: Yes

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: This 4,000 sq. ft. custom built concrete 5 BR 3.5 BA Pool home sprawls over 1/2 acre point lot & is highlighted by gorgeous sunset views over Sugarloaf Sound. As you enter through the Foyer to the large Great Room beautiful Brazilian hardwood floors & soaring ceilings greet you along w/lots of glass looking out to the open water. The Chef's Kitchen offers granite counters, lots of cabinetry & breakfast nook w/wide water views. The Master Suite is complete with large bath, his/her walk-in closets & picturesque views of the bay. The 2nd story Family Room is ideal for entertaining friends & family. Guests are accommodated in the Guest Wing w/2 large Suites. The tropically landscaped grounds boasts a sparkling waterfront pool & concrete dock w/davits. 5- car Garage & metal roof & storage.
Directions: Overseas Highway to South Point Drive (MM 16.5 oceanside). Make the second right on Banyan Lane. House is all the way down to the right.

Fee Includes

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Gas Appliances: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes
Heat: Yes

Waterfront

Bay Front: Yes
Open Water: Yes

Waterview

Bay/Gulf View: Yes
Open Water View: Yes

Floor

Tile: Yes
Wood: Yes

Neighborhood Feature

Airstrip: Yes
Bike Paths: Yes
Other Area Features: Yes

Interior Features

Bar: Yes
Built-in Cabinets: Yes
Cathedral Ceilings: Yes
Drapes/Blinds Incl: Yes
Entrance Foyer: Yes
Granite Counter Top: Yes
Pantry: Yes
Security System: Yes
Split Bedroom: Yes
Storage: Yes
Tray Ceilings: Yes
Walk-in Closet(s): Yes
Window Treatments: Yes
Other: Yes

Specialty Rooms

Laundry Room: Yes
Media Room: Yes
Sun/Florida Room: Yes
Other: Yes

Windows/Doors

Casement: Yes
Glass Doors: Yes
Single Hung Windows: Yes

Security

Electric Gate: Yes

Construction

CBS: Yes
Combo Construction: Yes
Hardi Board Siding: Yes

Land Size

1/2 - Less Than 1 AC: Yes

Furnished

Negotiable: Yes

Utilities

Buyer to Verify: Yes
Cable Available: Yes
FKAA: Yes
Municipal Sewer: Yes
Propane: Yes

Porch/Balcony

Open Porch/Balcony: Yes

Title

Negotiable: Yes

Exterior Features

Fencing: Yes
Hot Tub: Yes
Lanai: Yes
Storage: Yes
Water Display: Yes

Pool Info

In Ground: Yes
Concrete: Yes
Decked: Yes

Roof

Metal Roof: Yes

Shutters

Accordion: Yes
Roll Down Electric: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Open Water Waterview: Bay/Gulf View; Open Water View Dockage: Boat Ramp; Davits Vehicle Storage: Garage; Auto Door Opener; Off Street Parking; RV Parking Open; Trailer Storage Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air; Heat Utilities: Buyer to Verify; Cable Available; FKAA; Municipal Sewer; Propane Interior Features: Bar; Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Pantry; Security System; Split Bedroom; Storage; Tray Ceilings; Walk-in Closet(s); Window Treatments; Other Specialty Rooms: Laundry Room; Media Room; Sun/Florida Room; Other Appliances: Dishwasher; Dryer; Gas Appliances; Microwave; Oven; Range; Refrigerator; Washer Exterior Features: Fencing; Hot Tub; Lanai; Storage; Water Display Pool Info: In Ground; Concrete; Decked Construction: CBS; Combo Construction; Hardi Board Siding Shutters: Accordion; Roll Down Electric Floor: Tile; Wood Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Bike Paths; Other Area Features Security: Electric Gate Land Size: 1/2 - Less Than 1 AC Title: Negotiable

Listing Office: Coldwell Banker Schmitt Lower Keys (KW)

Last Updated: March - 19 - 2026

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