481 E Shore Drive, Summerland Key, FL 33042

Summerland Key
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
481 E Shore Drive,Summerland Key, FL 33042
$5,500,000
  • 3 Beds
  • 3 Baths
  • 2,088 sq. ft.
  • Single family
  • Active
Listed by: mariana zaleska-montadas
Office: berkshire hathaway homeservices keys real estate
MLS#:621388
Source:FL_FKBOR

Price summary

  • Price:$5,500,000
  • Price per sq. ft.:$2,634.1

About this home

Exceptional Investment Opportunity in the Lower Florida Keys! Seller financing is available with a 20% down payment, 6.5% interest in a 5-year balloon. Other additional terms are subject to seller approval. 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!

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Home facts

  • Year built:1992
  • Subdivision & Development:Summerland Estates (25.0)
  • Listing ID #:621388
  • Added:45 day(s) ago
  • Updated:November 08, 2026 at 04:20 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Rooms Total:3
  • Living area:2,088 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans(s), Central Air
  • Heating:Central

Structure and exterior

  • Year built:1992
  • Building area:2,088 sq. ft.
  • Lot area:1.07 Acres

Finances and disclosures

  • Price:$5,500,000
  • Price per sq. ft.:$2,634.1
  • Tax amount:$18,895

Parking

  • Parking description:Open

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