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$1,699,000
127 Cedar Lane
Sugarloaf Key, FL 33042
MLS# 601583
Status: Closed
4 beds  |  4 baths  |  2147 sqft

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Property 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!

Details
Maps
Contract Information
Current Price: $1,699,000
Listing Date: 2022-06-28
Listing Board: Key West Association
Leased Price Monthly: $1,699,000
Bank Owned: No
Location, Tax & Legal
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
Style: Single Family
Waterfront: Yes
Control Depth: 3
Pool: Yes
Year Built: 2001
Lot SqFt: 12500
Acres: 0.29
Living Apx SqFt: 2147
SqFt Source: Tax Records
Total Bedrooms: 4
Full Baths: 4
Total Baths: 4
Rentals Allowed: With Restrictions
Min Rental Days: 28
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock: Wood
Building Style
Above Flood: Yes
Stilt Column Height: Medium - 5Ft - 9Ft
# Stories: 2 Stories
Financial Status
Bank Owned: No
Status Change Info
Under Contract Date: 2023-01-13
Leased Date: 2023-02-22
Leased Price Monthly: $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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