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Waterfront Land with Approved Dock
For Sale
$6,700,000

54 Sunset Road, Key Largo, FL 33037

Key Largo, FL

Property SizeContact for details
Days on Market67

Property Features for 54 Sunset Road

General Information

Property type Land
Property subtype Other
Subdivision Sunset Point (95.0)
Standard status Active
Listing Agency: Engel & Volkers Islamorada · Engel & Völkers
Listed By: K. Shylon Martin · License #3060741
Added: Jun 22 Changed: Aug 19 Last Checked: Aug 27 at 8:06PM
MLS# 620256

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering includes two lots with 200' of waterfront on the Bay. The seller states a ROGO letter allows for two residences to be built on the property, and a 250' dock has been approved by the Army Corps of Engineers. Architectural plans are included for a proposed home build, and the listing indicates the seller is including the property at 41 Sunset Rd as part of the sale.

The parcels are located on Sunset Road in Key Largo, Monroe County, Florida. The listing notes the waterfront is described as crystal clear, and the dock approval supports development intended to connect structures to the Bay.

For builders and residential buyers, the configuration is designed around the ability to support two separate residences, with the dock approval providing a clear framework for waterfront construction. The seller also notes that investors or builders may be able to split the two lots to build two separate homes, and that 41 Sunset Rd has been totally remodeled to support living while construction is underway.

Key Highlights

  • 2 lots with about 200 ft of waterfront on the Bay
  • ROGO letter allows for 2 residences to be built on the property
  • 250 ft dock approved by the Army Corps

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Auto Parts Store Real Estate Agency Law Firm Nail Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

Demographics for 33037, FL

13,875
Population
10,494
Households
1.3
Avg Household Size
53
Median Age
41%
College-Educated
95%
High-School Grad
32.9 sq mi
ZIP Area
422
Density / Sq Mi
$80,911
Median Household Income
$40,641
Median Earnings
$1,896
Median Rent
$660,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Two waterfront lots with a ROGO letter for two residences and Army Corps dock approval for future development plans.
Where is this waterfront land located?
The property is located at 54 Sunset Road Key Largo, FL.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: 2 lots with about 200 ft of waterfront on the Bay; ROGO letter allows for 2 residences to be built on the property; 250 ft dock approved by the Army Corps
More about this property
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