481 E Shore Drive
Summerland Key, FL 33042
- 3 beds
- 3 baths
- 2,088 sqft
- ~1 acre lot
- $2,634 per sqft
- 1992 build
- – on site
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!Please note that I have a personal interest in this property.
Last checked:
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Last updated Mar 13, 2025
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MLS# 612707 —
The Building
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Year Built:1992
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Construction:CBS
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Style:Single Family
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Windows/Doors:Sliding Glass Doors
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Roof:Tile Roof
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Shutters:Accordion, Panel
Interior
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Furnished:Furnished
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Floor:Tile, Marble, Wood
Financial & Terms
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Terms:Seller Finance Psble, FHA, Conventional, Cash
The Property
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Parcel #:00200600-000000
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Lot SqFt:46609.00
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Land Size:More than 1 Lot
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Waterfront:Oceanfront
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Zoning:IS - Improved Subivision District
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Waterfront:Yes
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Waterview:Ocean View, Open Water View
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Flood Zone:AE,AE,AE,VE
Listing Agent
- Contact info:
- Agent phone:
- (305) 767-3140
- Office phone:
- (305) 743-7636
Taxes
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Tax Year:2023
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Taxes:16379.27
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Tax Exemptions:None
Beds
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Total Bedrooms:3
Baths
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Total Baths:3.00
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Full Baths:3
Heating & Cooling
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Cooling:Central Air, Ceiling Fans(s)
Utilities
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Utilities:FKAA, Municipal Sewer
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Washer, Stainless Steel Appliance(s), Disposal, Microwave, Refrigerator, Dishwasher, Dryer
The Community
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Subdivision:Summerland Estates (25.0)
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Pool Info:In Ground, Fiberglass, Salt Water
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Dockage: Dock Length:180
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Pets:Pets Allowed
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Fee Includes:None
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Association Info: Mandatory Home Owners Asc:No
Parking
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Vehicle Storage:Off Street Parking
Monthly cost estimate
Asking price
$5,500,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$29,450
|
| Taxes | $1,364 |
| Insurance | $1,512 |
| Utilities | $192 See report |
| Total | $32,518/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/15/24
Dec 15, 2024
|
Listed / Active | FLKMLS | $5,500,000 | 450.0% (52.1% / YR) |
|
4/29/16
Apr 29, 2016
|
FLKMLS | $1,000,000 | 42.9% (2.7% / YR) | |
|
5/1/00
May 1, 2000
|
FLKMLS | $700,000 | 40.0% (35.7% / YR) |
