540 W Point Drive, Sugarloaf Key, FL 33042 (MLS# 605141)

540 W Point Drive, Sugarloaf Key, FL 33042

$1,685,000

Virtual Tour

https://www.zillow.com/view-3d-home/59688fca-3fc9-4519-a9a6-915683edf95b?setAttribution=mls&wl=true&utm_source=dashboard

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

Overview

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 ... (Read more)

Listing Details MLS# 605141

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
City: Sugarloaf
Off Shore Island: No
Mile Marker: 17
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 1215121
Parcel #: 00166976-007800
Zoning: ISD - Improved Sup Duplex
Deed Restrictions: Unknown
Legal: LT 78 REV PLAT OF AMD PLAT OF SUGARLOAF SHORES SEC F SUGARLOAF KEY PB6-9
Taxes: 6085.22
Tax Year: 2022
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: Yes

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
Total Units: 0

Status Change Info

Sold Date: 2023-06-29

Association Info

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

Dockage

Dock Length: 100
Dock: Concrete
Davits: Yes

More Information

Building Style

Above Flood: Yes

Pool Info

Heated: Yes
In Ground: Yes
Salt Water: Yes

Remarks & Misc

Remarks – Consumer: 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!
Directions: Turn Oceanside onto S Point Dr. Turn right onto W Point Dr. Destination is on left.

Fee Includes

None: Yes

Tax Exemptions

Homestead: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Gas Appliances: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Central Air: Yes

Waterfront

Canal Front: Yes

Waterview

Canal View: Yes

Floor

Carpet: Yes
Tile: Yes
Wood: Yes

Neighborhood Feature

Bike Paths: Yes

Interior Features

Built-in Cabinets: Yes
Cathedral Ceilings: Yes
Sky Light(s): Yes
Storage: Yes

Specialty Rooms

Loft: Yes

Windows/Doors

Jalousie Windows: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Covered Parking: Yes
Garage: Yes
Open Parking: Yes
RV Parking Open: Yes
Attached: Yes
Off Street Parking: Yes

Construction

CBS: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Negotiable: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes
Municipal Sewer: Yes

Porch/Balcony

Open Porch/Balcony: Yes
Patio: Yes
Screened P/B: Yes

Title

Negotiable: Yes

Exterior Features

Bar: Yes
Fencing: Yes
Hot Tub: Yes
Lighting: Yes
Outdoor Shower: Yes
Storage: Yes

Roof

Metal Roof: Yes

Shutters

Bahama: 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.