Skip To Content

481 E Shore Drive

Summerland Key, FL 33042
  • $5,500,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 612707
UPDATED: 39 min ago
$5,500,000
  • 3
    BEDS
  • 0.84
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,088
    SQFT
  • $2,634
    $/SQFT
Type:
Single-Family Home
Built:
1992
County:

School Ratings & Info

Description

Exceptional Investment Opportunity in the Lower Florida Keys!Owner and private financing are available. This is one of the very few vacation rental properties licensed for daily, weekly, or monthly rentals. Boasting an impressive occupancy rate and generating up to $400,000 annually, this property offers stress-free, passive income in Summerland Key, a premier location.Discover a rare gem in the heart of the Lower Keys! Recently remodeled to perfection, this luxurious three-bedroom beach house includes a sunroom with a palatial ocean view, currently used as a fourth bedroom. Just 20 miles from vibrant Key West, this coastal retreat features a private natural beach, breathtaking ocean views, and access to a private airport for island residents less than two blocks from the property.Don't miss this unparalleled investment opportunity!

Monthly Payment Calculator



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.realtorkeywestfl.com/homes/158798815
Print Image

481 E Shore Drive Summerland Key, FL 33042

  • Price: $5,500,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 39 min ago
  • MLS #: 612707
3
Beds
3
Baths
0
½ Baths
0.84
Acres
2,088
SQFT
$2,634
$/SQFT
1992
Built
Neighborhood:
Summerland Estates (25.0)
County:
Monroe
Area:
08 - Summerland Key
Property Description
Exceptional Investment Opportunity in the Lower Florida Keys!Owner and private financing are available. This is one of the very few vacation rental properties licensed for daily, weekly, or monthly rentals. Boasting an impressive occupancy rate and generating up to $400,000 annually, this property offers stress-free, passive income in Summerland Key, a premier location.Discover a rare gem in the heart of the Lower Keys! Recently remodeled to perfection, this luxurious three-bedroom beach house includes a sunroom with a palatial ocean view, currently used as a fourth bedroom. Just 20 miles from vibrant Key West, this coastal retreat features a private natural beach, breathtaking ocean views, and access to a private airport for island residents less than two blocks from the property.Don't miss this unparalleled investment opportunity!
Exterior Features

Above Flood Yes Construction CBS Dock Length 180 Land Size More than 1 Lot Pool Info In GroundFiberglassSalt Water Pool YN Yes Roof Tile Roof Shutters AccordionPanel Side Ocean Style Single Family Vehicle Storage Off Street Parking Waterfront Oceanfront Waterfront YN Yes Waterview Ocean ViewOpen Water View

Interior Features

Appliances WasherStainless Steel Appliance(s)DisposalMicrowaveRefrigeratorDishwasherDryer Cooling Heating Central AirCeiling Fans(s) Floor TileMarbleWood Furnished Furnished Windows Doors Sliding Glass Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City Summerland Control Depth 6 Deed Restrictions No Fee Includes None Flood Zone AEAEAEVE Handicap Access No Listing Board Marathon/Lower Keys Mile Marker 25.00 Min Rental Days 1.00 Off Shore Island No Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed Yes Species List Yes Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2023 Taxes 16379.27 Terms Seller Finance PsbleFHAConventionalCash Title Negotiable Utilities FKAAMunicipal Sewer Zoning IS - Improved Subivision District

Listing courtesy of Mariana Zaleska-Montadas of Berkshire Hathaway HomeServices Keys Real Estate: (305) 743-7636.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_612707-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_612707-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_612707-2.jpg
Logo
Bascom Grooms Real Estate
1110 Truman Ave
Key West FL, 33040