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5623 WAYFARER AVENUE

House Active With Contract
$850,000

BTC: 14.16666667

ETH: 486.82703322

-$40K (2026/04/08)
33 days
3 bds
3 ba
3,481 sqft

Overview

Under contract-accepting backup offers. Experience the best of Florida living in this exceptional Key West I model by WestBay Builders in the community of Waterset. From the moment you walk in, your eyes are drawn straight through to the outdoor oasis—featuring a sparkling gas heated salt water pool and tranquil pond views that create a serene backdrop for everyday living. The covered lanai is already plumbed for an outdoor kitchen, offering the perfect opportunity to design your ideal entertaining space. Inside, soaring ceilings and wood look tile flooring throughout main living areas enhance the home’s bright, open feel while keeping things cool year-round. The gourmet kitchen serves as the heart of the home, showcasing an oversized island with seating, upgraded cabinetry with pull-out drawers, an extra-large cooktop with hood, and even a built-in beverage fridge—perfect for hosting.The primary suite provides a peaceful retreat with a luxurious soaking tub, walk-in shower, and a spacious his-and-hers walk-in closet. There is also a dedicated office with French doors and a large bonus room that offers flexibility and can easily serve as a family room or potential fourth bedroom. Blending upscale finishes, thoughtful design, and picturesque water views, this home delivers both comfort and style in every detail.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
2021
Lot:
0.21 Acres
Heating:
Central
Price/sqft:
$244
Cooling:
Central Air
HOA:
$151

Valuation

Our model vs. what's actually selling nearby.
Estimate
$735,128
$491K – $1.4M
Confidence Low
List vs. estimate
$114K above estimate
List $850,000 · +15.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$244
+1.7% vs. city median $240
Based on
15 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,838
2025
HOA
$151/yr
Pool
Gunite
View
Water
Garage
3 car garage
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Tankless Water Heater

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • High Ceilings

    • In Wall Pest System

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Stone Counters

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Hurricane Shutters / Irrigation System / Sliding Doors

    Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: U263119C1V00010000031.0

    • Zoning: PD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Natural Gas Connected

  • Other financial information

    • HOA: $151

    • HOA Frequency: Annually

    • Annual tax amount: $4,838

  • Source details

    • MLS ID: TB8492520

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Lot Features: Cul-De-Sac / In County / Landscaped

    • Pool Features: Gunite / Heated / In Ground / Salt Water

    • Direction Faces: Southwest

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3481

    • Water Source: Public

    • Subdivision Name: WATERSET PHASES 5A-2B AND 5B-1

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY