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$5,500,000

Listing Price

3beds

3baths

2,088sqft

36,745sqft lot

481 E Shore Dr, Summerland Key, FL 33042

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

1286.15

Price / sqft

1992

Year built

Home Details

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!Please note that I have a personal interest in this property.

Interior Details

Square Feet
  • 2088

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    No

  • Heating Type:

    None

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Ceramic Tile

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 36745

Water
  • No

Sewer
  • No

Parking
  • Type:

    Covered

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 3

Style
  • N/A

Exterior
  • Concrete Block

Foundation
  • N/A

Roof
  • Cathedral/clerestory

Roofing Material
  • Tile

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$14,771

$974,867

$550,585

--%

$1,525,452

2019

$14,711

$954,767

$557,574

--%

$1,512,341

2018

$14,976

$1,075,369

$421,519

--%

$1,496,888

2017

$14,704

$1,045,218

$435,856

--%

$1,481,074

2016

$14,220

$1,033,308

$395,227

--%

$1,428,535

2014

$17,917

$0

$0

--%

$1,670,235

2013

$18,205

$0

$0

--%

$1,645,552

2012

$18,142

$0

$0

--%

$1,618,045

percent-home-icon

Average Home Price in 33042

Nearby Properties

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Bed

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Sqft

Lot

Sold Date

$2,097,211

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Sold 07/07/2026

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Sold 06/08/2026

$1,340,913

3 Beds

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Sold 10/13/2026

$1,150,000

3 Beds

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6,000 Lot (sqft)

Sold 10/13/2026

$3,100,000

2 Beds

2 Baths

1,819 Sqft

10,920 Lot (sqft)

Sold 10/13/2026

$1,599,900

4 Beds

3 Baths

2,208 Sqft

8,080 Lot (sqft)

Sold 10/12/2026

$1,435,500

3 Beds

2 Baths

2,257 Sqft

7,439 Lot (sqft)

Sold 10/13/2026

$2,295,000

3 Beds

2 Baths

2,180 Sqft

6,060 Lot (sqft)

Sold 10/13/2026

$5,500,000

3 Beds

3 Baths

2,088 Sqft

36,745 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
5,500,000
$
Down payment
1,100,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
33,000
$
HOA (Monthly)
0
$
PMI
0
$
$35,603
Your Payment
Total Monthly Payment:$35,603
Percent of Income:610%
Affordable:No

Details for 481 E SHORE DR

Property Debt

Foreclosure Contact Details

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