Welcome to one of Shark Key's most extraordinary waterfront estates--an exceptional opportunity on a rare double lot. Nearly an acre of land makes this one of the largest properties on the island, offering unparalleled space, privacy, and potential.This five-bedroom, five-bathroom residence spans 6,325 square feet with a grand, well-designed layout featuring soaring ceilings, multiple living areas, and an elevator for easy access to all levels. The expansive garage provides space for multiple vehicles and a personal workshop. A full-house generator adds peace of mind.The home blends lush tropical landscaping with a refined British Colonial aesthetic, creating an elegant coastal retreat. Outdoor highlights include a large pool, tiki hut, fire pit, outdoor kitchen, and an expansive terrace perfect for entertaining or relaxing in the ocean breeze. An observation dock allows you to take in stunning water views.Move-in ready, yet offering a rare opportunity to personalize and tap into the full potential of this exceptional property.Shark Key is a gated community just minutes from Key West, known for its privacy, prestige, and spectacular waterfront estates.
Sold for $4,400,000
$4,400,000
55 Two Turtles Ln, Key West, FL 33040
5beds
6,325sqft
Single Family Residence
Built in 2002
0.93 Acres Lot
$4,369,900 Zestimate®
$696/sqft
$8,122 Estimated rent
Home value
$4,369,900
$3.80M - $5.03M
$8,122/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 08, 2025 at 08:45am
Listed by:
Jenna Stauffer 260-433-2319,
Ocean Sotheby's International Realty
Bought with:
Shannon Mahaffey, 3438797
Key West Luxury Real Estate Inc (KW)
Source: FLKMLS,MLS#: 614349
Originating MLS: Key West Association
Originating MLS: Key West AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Appliances
- Included: More Appliances, Stainless Steel Appliance(s), Ice Machine, Gas Appliances, Freezer, Disposal, Microwave, Oven, Range, Dishwasher, Dryer, Washer
Features
- Sun/Florida Room, Other Specialty Room, Utility Room
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window
Interior area
- Total interior livable area: 6,325 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Covered, Guest
- Has garage: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Patio & porch: Lanai
- Exterior features: Bar, Water Display, Storage, Sprinkler System, Outdoor Shower, Outdoor Kitchen, Lighting, Built-in Barbecue
- Has private pool: Yes
- Pool features: In Ground, Concrete
- Fencing: Privacy
- Has view: Yes
- View description: Bay/Gulf View, Water
- Has water view: Yes
- Water view: Bay/Gulf View,Water
- Waterfront features: Gulf Front, Open Water, Waterfront, Dock: Concrete
Lot
- Size: 0.93 Acres
- Features: More than 1 Lot
Details
- Additional structures: Workshop, Chickee Hut
- Parcel number: 00159252004700
- Zoning: SR
- Zoning description: Sub Urban Residential District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Combo Construction, Concrete
Condition
- Year built: 2002
Utilities & green energy
- Electric: Generator
- Sewer: Public Sewer
- Utilities for property: FKAA, Propane
Community & neighborhood
Security
- Security features: Electric Gate, On Premises System
Community
- Community features: Clubhouse, Other, Beach, Tennis Court(s)
Location
- Region: Key West
- Subdivision: Shark Key (11.0)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $3,046 quarterly
- Services included: Maintenance Grounds, Other, Security
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2025 | Sold | $4,400,000-12%$696/sqft |
Source:  FLKMLS #614349 Report a problem | ||
| 5/5/2025 | Pending sale | $5,000,000$791/sqft |
Source: FLKMLS #614349 Report a problem | ||
| 4/18/2025 | Contingent | $5,000,000$791/sqft |
Source: FLKMLS #614349 Report a problem | ||
| 3/26/2025 | Listed for sale | $5,000,000$791/sqft |
Source: FLKMLS #614349 Report a problem | ||
| 3/18/2025 | Listing removed | $5,000,000$791/sqft |
Source:  Key West AOR #613735 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,798 -4.7% | $4,042,793 +10% |
| 2024 | $38,610 +10.9% | $3,675,266 +10% |
| 2023 | $34,815 +12.5% | $3,341,151 +10.7% |
Find assessor info on the county website
Neighborhood: 33040
Nearby schools
GreatSchools rating
- 4/10Gerald Adams Elementary SchoolGrades: PK-5Distance: 6.4 mi
- NAAdult/Vocational/Community EducationGrades: Distance: 6.4 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 8.9 mi
Get a cash offer in 3 minutes
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Estimated market value$4,369,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,369,900