Chase Foster - Coldwell Banker Logo
$5,500,000
 $29,525 est/mo Sourced by Back At You

481 E Shore Drive,Summerland, FL 33042

Summerland, FL 33042

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Description

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!

Details

MLS #621388
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1992
Days On Site9
Listing Provided ByBerkshire Hathaway HomeServices Keys Real Estate | Mariana Zaleska-Montadas

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet2,088
PoolYes
Units1
ZoningSR - Sub Urban Residential Distr
Acreage1.07
Water FrontYes
Property ViewOpen Water View, Ocean

Taxes

Property18895

Area Information

StateFL
CountyMonroe
CitySummerland
Zip Code33042
Area08 Summerland Key
Community NameSummerland Estates (25.0)
Listing VS Median (in Summerland Estates (25.0))
Price:
$5,500,000
low | high
Med:
$4,387,500
70.227272727273% of Average
sqft:
2,088
low | high
Med:
3,119
2% of Average
$ / sqft:
$2,634
low | high
Med:
$1,407
96.596519863593% of Average
On site:
9
low | high
Med:
364
2.472527472527% of Average
Sourced by Back At You

Market Activity 33042

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Learn More About This Property

Chase Foster

Chase Foster

Coldwell Banker Schmitt

SL3305166 (407) 314-2543chasefoster@cbschmitt.com
StateFL
CountyMonroe
CitySummerland
Zip Code33042
Area08 Summerland Key
Community NameSummerland Estates (25.0)
Listing VS Median (in Summerland Estates (25.0))
Price:
$5,500,000
low | high
Med:
$4,387,500
70.227272727273% of Average
sqft:
2,088
low | high
Med:
3,119
2% of Average
$ / sqft:
$2,634
low | high
Med:
$1,407
96.596519863593% of Average
On site:
9
low | high
Med:
364
2.472527472527% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 11:54:20 PM PDT

Chase Foster - Coldwell Banker