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$5,003,500
Property Description
This luxe, oceanfront estate will be sold at Luxury AUCTION Without Reserve on December 4, 2025! List price for REFERENCE ONLY. Offered in co-op. with Platinum Luxury Auctions. Inquire for details. Trophy Oceanfront Estate in THE PRIME location on Ocean Dr Summerland Key - surrounded by multi million dollar estates favored by celebrities and business leaders. Fly in and boat out! Located in one of the most exclusive areas of the Florida Keys, this one-of-a-kind estate offers the ultimate blend of luxury, privacy, and unmatched boating access. Set on a beautifully landscaped 37,400 sq ft lot with 120 feet of direct oceanfront, this residence is a rare opportunity to own a property designed for discerning buyers who demand the best. Boaters will be captivated by the 120,000 lb yacht lift, capable of hosting up to a 75 ft vessel-an extraordinary find in the Keys. The estate also features a private mooring buoy, two additional boat lifts, and a private boat basin. With exclusive bay bottom rights, this is a true boater's paradise. Inside, the home boasts 5 bedrooms, 4 full baths, and 2 half baths. The spacious guest suite features a separate sitting area currently set up as a gym with a half bathroom, and a large bedroom with ensuite bathroom. The open-concept living area showcases vaulted ceilings, a chef's kitchen with high-end appliances, and seamless indoor-outdoor flow to a sprawling tiled patio. Enjoy breathtaking views of the Atlantic and Little Palm Island from the raised pool, spa, and covered bar area, perfect for entertaining in style. The estate also includes a private beach, desalination plant, and backup generator, ensuring complete self-sufficiency. Additional highlights: one-car garage, large storage space, circular drive, and lush tropical grounds that evoke a luxury resort. Fly into paradise at Summerland Key Community Airport for residents only - helicopter and small aircraft. This exceptional property offers the pinnacle of Florida Keys living.
Full Property Details
Full Property Details for 1151 Ocean Dr
General
- Sold For: $5,003,500
- Taxes: $44,054 (2024)
- Status: Closed
- Type: Single Family
- Source: 927
- MLS ID: 616984
- Added to Site: 203 day(s) ago
Interior
- Interior Features: Workshop, Walk-in Closet(s), Built-in Cabinets, Cathedral Ceilings, Drapes/Blinds Incl, Granite Counter Top, Storage
- Appliances: Other, Stainless Steel Appliance(s), Dishwasher, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer, Water Purification
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 4
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Airport/Runway
- Pool: Yes
- Pool Description: Concrete, Salt Water, In Ground, Decked
Exterior
- Exterior Features: Lighting, Bar, Chickee Hut, Fencing, Hot Tub, Outdoor Shower, Privacy Wall/Fence, Sandy Beach, Storage
- Deck/Patio: Open Porch/Balcony, Deck
- Porch/Patio/Deck: Open Porch/Balcony, Deck
Parking
- Garage: Yes
- Parking Features: Open, Guest
Location
- Area: 08 - Summerland Key
- County: Monroe
- Subdivision: Summerland Beach (25.0)
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
- Heating Type: Central
Structural Information
- Architectural Style: Above Flood
- Construction: CBS, Concrete
- Roof: Metal
- Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
- Square Feet: 3,952
- Sq. Ft. Source: Appraisal
- Year Built: 2007
Lot Features
- Property View: Open Water View, Ocean
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 37,400
- Zoning: IS - Improved Subivision District
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Oceanfront, Open Water
Financial Considerations
- Tax Amount: $44,054
- Tax Year: 2024
Disclosures and Reports
- Legal Description: BK 1 LTS 6 AND 7 AND BAY BTM SELY AND ADJ TO LTS 6 AND 7 SUMMERLAND BCH ADDN 2 PB3-21 SUMMERLAND KEY SEC 1 TWP 67 RNG 2
- Flood Zone: VE, AE, AE, AE, VE
- APN: 00197200-000000
Listed and Sold by The Agency Florida Keys, Lisa Swanson (305) 924-3777
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Schools
Schools serving 1151 Ocean 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 | 5.7 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 22 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 1151 Ocean Dr
Date
Details
Price
Change
Source
1/05/2026
Sold
$5,003,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1151 Ocean Drive, Summerland Key, FL 33042 (MLS# 616984) is a Single Family property that was sold at $5,003,500 on January 05, 2026. Want to learn more about 1151 Ocean 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.
