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Property Description
Experience the PINNACLE of luxury waterfront living at this exceptional oceanfront residence on prestigious Flagship Drive. Completely reimagined with uncompromising attention to detail, this exquisite 4-bedroom, 3.5-bath home blends sophisticated design with the relaxed elegance of the Florida Keys. From the moment you enter, you'll be captivated by the expansive open-concept floor plan, breathtaking ocean views, and refined finishes throughout. Oversized 41-inch porcelain tile flooring, designer lighting, premium fixtures, and custom craftsmanship create a timeless, contemporary aesthetic that complements the stunning waterfront setting. The chef-inspired kitchen flows seamlessly into the spacious living area, making it ideal for both everyday living and entertaining. Walls of glass invite natural light while framing spectacular turquoise water views. The luxurious primary suite serves as a private retreat with serene ocean vistas and a beautifully appointed spa-inspired bath. Three additional bedrooms and office provide comfortable accommodations for family and guests. Outdoor living is equally impressive. Multiple covered terraces offer the perfect place to relax while enjoying ocean breezes and unforgettable sunsets. The resort-style pool is complemented by a charming tiki hut, creating an inviting setting for entertaining or unwinding after a day on the water. Boaters will appreciate the exceptional dockage featuring two boat lifts, providing convenient access to the Atlantic Ocean for world-class fishing, diving, and boating. A spacious two-car garage offers ample room for vehicles, storage, and recreational gear. Perfectly positioned in one of the Lower Keys most desirable waterfront communities, this remarkable residence delivers an extraordinary combination of luxury, location, and the ultimate Florida Keys lifestyle. Every detail has been thoughtfully curated, creating a move-in-ready waterfront masterpiece that is as elegant as it is in
Full Property Details
Full Property Details for 1046 Flagship Dr
General
- Sold For: $5,000,000
- Taxes: $25,300 (2025)
- Status: Closed
- Type: Single Family
- Source: 927
- MLS ID: 620606
- Added to Site: 97 day(s) ago
Interior
- Appliances: Stainless Steel Appliance(s), Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Heated, In Ground, Fiberglass, Decked
Location
- Area: 08 - Summerland Key
- County: Monroe
- Subdivision: Summerland Cove Isle (25.5)
- Driving Directions: US1 at MM24, turn ocean side on Caribbean Drive. LEFT on E Caribbean Drive RIGHT on Isles Blvd LEFT on Flagship Drive House is on the right.
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Structural Information
- Architectural Style: Above Flood
- Construction: Combo Construction, Hardi Board Siding
- Square Feet: 3,208
- Sq. Ft. Source: Property Data Card
- Year Built: 2001
Lot Features
- Property View: Open Water View, Ocean
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 10,200
- Lot Size Source: Property Data Card
- Lot Dimensions: 80 x 120
- Zoning: IS - Improved Subivision District
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Oceanfront, Open Water
Financial Considerations
- Tax Amount: $25,300.4
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LT 14 SUMMERLAND COVE ISLES-BLOCK NO 1 SUMMERLAND KEY PB6-32
- Flood Zone: AE-YesYes
- APN: 00198931-001400
Listed and Sold by Keller Williams Key West Compass Realty, Donna Pezzi (305) 304-2602
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Schools
Schools serving 1046 Flagship Dr
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Sugarloaf School 255 Crane Boulevard, Summerland Key, FL 33042 | PK-8 | 5.4 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 21.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1046 Flagship Dr
Date
Details
Price
Change
Source
9/01/2026
Sold
$5,000,000
-3.85%
MLS
7/12/2026
Listed
$5,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1046 Flagship Drive, Summerland Key, FL 33042 (MLS# 620606) is a Single Family property that was sold at $5,000,000 on September 01, 2026. Want to learn more about 1046 Flagship Drive? Do you have questions about finding other Single Family real estate for sale in Summerland Key? You can browse all Summerland Key real estate or contact a Coldwell Banker agent to request more information.

