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$5,500,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 2,088 Sq. Ft.
  • Updated 12 days ago
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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!

Full Property Details for 481 E Shore Dr

General

  • Price: $5,500,000
  • Taxes: $18,895 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 927
  • MLS ID: 621388
  • Updated: 9/24/2026
  • Added to Site: 18 day(s) ago

Interior

  • Number of Rooms: 3
  • Appliances: Stainless Steel Appliance(s), Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Wood, Tile, Marble

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Pool: Yes
  • Pool Description: In Ground, Fiberglass

Exterior

  • Deck/Patio: Open Porch/Balcony
  • Porch/Patio/Deck: Open Porch/Balcony

Parking

  • Parking Features: Open

Location

  • Area: 08 - Summerland Key
  • County: Monroe
  • Subdivision: Summerland Estates (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
  • Roof: Tile
  • Windows/Doors: Sliding Glass Doors, Shutters
  • Square Feet: 2,088
  • Sq. Ft. Source: Survey
  • Year Built: 1992

Unit Information

  • Units in Building: 1

Lot Features

  • Property View: Open Water View, Ocean
  • Lot Size (Acres): 1.07
  • Lot Size (Sq. Ft.): 36,745
  • Lot Size Source: Survey
  • Lot Dimensions: x
  • Zoning: SR - Sub Urban Residential District

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Oceanfront

Financial Considerations

  • Tax Amount: $18,895.47
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: SUMMERLAND ESTATES SUMMERLAND KEY PB2-167 NLY 121.88 FT OF SLY 253.75FT LOT 16 (A/K/A TRACT E) G63-460/61 OR750-750 OR80
  • Flood Zone: AE, AE, AE, VE
  • APN: 00200600-000000

Listed by Berkshire Hathaway HomeServices Keys Real Estate, Mariana Zaleska-Montadas (305) 767-3140

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Listing agent

— 481 E Shore Dr —

  • Mariana Zaleska-Montadas

    Berkshire Hathaway HomeServices Keys Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 481 E Shore Dr

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Sugarloaf School
255 Crane Boulevard, Summerland Key, FL 33042
PK-85.9 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-1222.5 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 481 E Shore Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$5,500,000
450%
MLS
4/29/2016
Sold
$1,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 481 E Shore Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,895
8%
$2,112,012
-5%
2024
$17,493
7%
$2,215,794
3%
2023
$16,379
22%
$2,160,483
55%
2021
$13,397
-12%
$1,390,428
-31%
2022
$15,147
13%
$2,008,539
32%
2021
$13,397
-9%
$1,525,452
1%
2019
$14,711
-2%
$1,512,341
1%
2018
$14,977
2%
$1,496,888
1%
2017
$14,705
3%
$1,481,074
4%
2016
$14,221
-18%
$1,428,535
-15%
2015
$17,304
-3%
$1,683,597
1%
2014
$17,918
-2%
$1,670,235
1%
2013
$18,206
—
$1,645,552
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Berkshire Hathaway HomeServices Keys Real Estate, Mariana Zaleska-Montadas (305) 767-3140

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481 E Shore Drive, Summerland Key, FL 33042 (MLS# 621388) is a Single Family property with 3 bedrooms and 3 full bathrooms. 481 E Shore Drive is currently listed for $5,500,000 and was received on September 18, 2026. Want to learn more about 481 E Shore 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.

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