127 Cedar Lane, Sugarloaf Key, FL 33042

$1,699,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,147 Lot Size (sq. ft.): 12,500 Status: Closed
Current Price: $1,699,000 List Date: 6/28/2022 Last Modified: 10/03/2025

Description

Impressive Luxury Waterfront Tropical Oasis! Located on prestigious Southpoint, Sugarloaf Key only 20 min from Key West, this spectacular 4 bed 4 bath 2 story waterfront residence is custom built to withstand natures forces with its concrete construction. This gorgeous home boasts 3 ensuite bedrooms on the second floor, and a 4th bedroom/office with a separate guest bathroom on the 1st floor. The primary bedroom features a large spa/jacuzzi & an enclosed porch overlooking the wide canal & stunning open water views. The open kitchen with bar & wine chiller is ideal for entertaining or you can enjoy formal dining in the separate Dining area. New AC installed just a few months ago. New Washer/Dryer located on the 2nd floor. Ultimate Resort Style amenities include a heated custom pool, a beautiful sandy beach with swaying palm trees, tiki pavilion & future dock. This spacious canal front home has incredible open water views from each floor! The lush tropical landscaping boasts enormous palm trees with landscape lighting throughout. Large 12,500 SF lot. The dock in the photos has been removed and Seller has paid for engineers drawing & permitting for a 60ft dock and 15,000lb boat lift. Check out the awesome live video at the end of photos!

More Information MLS# 601583

Contract Information

Listing Board: Key West Association Bank Owned: No Current Price: $1,699,000 Listing Date: 2022-06-28 Sold Price: $1,699,000

Location, Tax & Legal

City: Sugarloaf Mile Marker: 17 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 1214442 Parcel #: 00166976-001000 Zoning: IS - Improved Subivision District Deed Restrictions: No Legal: LT 10 REV PLAT OF AMD PLAT OF SUGARLOAF SHORES SEC F SUGARLOAF KEY PB6-9 Taxes: 7722.84 Tax Year: 2021 Pub Sewer HkUp: Yes Street #: 127 Street Name: Cedar 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

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 3 Lot SqFt: 12500 Pool: Yes Total Units: 0 Acres: 0.29 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Single Family Year Built: 2001 Living Apx SqFt: 2147 Total Bedrooms: 4 Full Baths: 4 Total Baths: 4

Remarks & Misc

Remarks – Consumer: Impressive Luxury Waterfront Tropical Oasis! Located on prestigious Southpoint, Sugarloaf Key only 20 min from Key West, this spectacular 4 bed 4 bath 2 story waterfront residence is custom built to withstand natures forces with its concrete construction. This gorgeous home boasts 3 ensuite bedrooms on the second floor, and a 4th bedroom/office with a separate guest bathroom on the 1st floor. The primary bedroom features a large spa/jacuzzi & an enclosed porch overlooking the wide canal & stunning open water views. The open kitchen with bar & wine chiller is ideal for entertaining or you can enjoy formal dining in the separate Dining area. New AC installed just a few months ago. New Washer/Dryer located on the 2nd floor. Ultimate Resort Style amenities include a heated custom pool, a beautiful sandy beach with swaying palm trees, tiki pavilion & future dock. This spacious canal front home has incredible open water views from each floor! The lush tropical landscaping boasts enormous palm trees with landscape lighting throughout. Large 12,500 SF lot. The dock in the photos has been removed and Seller has paid for engineers drawing & permitting for a 60ft dock and 15,000lb boat lift. Check out the awesome live video at the end of photos! Directions: Overseas Hwy to South Point Dr (MM16.5 oveanside). Turn left on Cypress and 1st right on Cedar. House on left. Sign on property.

Association Info

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

Fee Includes

None: 1

Dockage

Dock: Wood

Tax Exemptions

Homestead: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Gas Appliances: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1 Wine Cooler: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1 Heat: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1 Open Water View: 1

Floor

Tile: 1 Wood: 1

Interior Features

Built-in Cabinets: 1 Drapes/Blinds Incl: 1 Fireplace(s): 1 Granite Counter Top: 1 Smoke Alarms: 1 Storage: 1 Walk-in Closet(s): 1

Building Style

Above Flood: Yes Stilt Column Height: Medium - 5Ft - 9Ft Stories: 2 Stories

Windows/Doors

Impact Rstnce Window: 1 Other Windows/Doors: 1

Vehicle Storage

Guest Parking: 1 Open Parking: 1 RV Parking Open: 1 Off Street Parking: 1 Trailer Storage: 1

Construction

CBS: 1 Concrete: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Negotiable: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Propane: 1

Porch/Balcony

Deck: 1 Patio: 1 Screened Patio: 1

Title

Negotiable: 1

Exterior Features

Chickee Hut: 1 Fencing: 1 Lanai: 1 Lighting: 1 Sandy Beach: 1 Storage: 1

Pool Info

In Ground: 1 Fiberglass: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No

Shutters

Panel: 1

Status Change Info

Sold Date: 2023-02-22 Sold Price: $1,699,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: Canal Front Waterview: Canal View; Open Water View Vehicle Storage: Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air; Heat Utilities: FKAA; Municipal Sewer; Propane Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Fireplace(s); Granite Counter Top; Smoke Alarms; Storage; Walk-in Closet(s) Appliances: Dishwasher; Disposal; Dryer; Gas Appliances; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Chickee Hut; Fencing; Lanai; Lighting; Sandy Beach; Storage Pool Info: In Ground; Fiberglass Construction: CBS; Concrete Shutters: Panel Floor: Tile; Wood Roof: Metal Roof Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre Title: Negotiable
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: October - 03 - 2025
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