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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$2,725,000
1147 Flagship Drive
Summerland Key, FL 33042
MLS# 617168
Status: Closed
3 beds  |  2 baths  |  2058 sqft


Back of House
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Back of House Front of House Backyard Kitchen Kitchen/Living Living Kitchen Kitchen Living Living Living Screened Porch Screened Porch Screened Porch Front Porch Loft Rooftop Deck Primary Bedroom Primary Bedroom Primary Bedroom Primary Bedroom Primary En Suite Primary En Suite Primary En Suite Loft Guest Bedroom Loft Guest Bedroom Guest Bedroom 2 Guest Bedroom 2 Guest Bath Laundry Garage Backyard Backyard Backyard Backyard Path to Dock Dock Entrance Front of House Front of House Front of House Front of House Front of House Aerial Aerial Aerial Aerial Aerial Aerial Aerial Aerial

Property Description
Located on the highly desired Flagship Drive in Summerland Cove Isles, this stunning 3 bedroom, 2 bath home plus a loft offers beautiful views of the salt ponds and open water. As you walk up the front steps, you're greeted by a grand porch that sets the tone for the coastal charm found throughout the home. The split floor plan provides ideal privacy, with two guest bedrooms on one side and a spacious primary suite on the other. The primary features an en suite bath with access to the back screened-in porch, a private staircase leading to the loft, and its own private balcony. The loft offers additional living space that can be used as an office, gym, or reading nook and opens to a private deck with a staircase up to the rooftop. From the rooftop, enjoy panoramic sunrise to sunset views and incredible stargazing with no light pollution. The home has just been completely updated with new SPC vinyl flooring throughout, quartz countertops, all-new kitchen cabinetry and appliances, and impact-resistant windows and doors. Both the interior and exterior were freshly painted, creating a bright coastal feel. The home also offers two HVAC systems, providing comfort and efficiency for each side of the house. The open living area flows to a screened-in porch perfect for entertaining, with stairs leading down to a beautifully landscaped backyard featuring a heated pool and plenty of covered space for relaxing. The property includes an 80 ft dock with a 16,000 lb boat lift and no bridges to the ocean, making it a boater's dream. The lot is fully fenced and offers an enclosed storage area for pool and boating gear, plus a one-car garage for additional storage. Enjoy modern updates, stunning water views, and the relaxed island lifestyle in this exceptional Summerland Cove Isles home.

Details
Maps
Contract Information
Current Price: $2,725,000
Listing Date: 2025-11-03
Listing Board: Key West Association
Leased Price Monthly: $2,725,000
As is Rght to Inspct: Yes
Species List: Yes
Location, Tax & Legal
Street #: 1147
Street Name: Flagship
Street Suffix: Drive
Key/Island: Summerland Key
State/Province: FL
Zip Code: 33042
County: Monroe
Subdivision: Summerland Cove Isle (25.5)
Area: 08 - Summerland Key
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 1997
Lot SqFt: 9819
Lot Sqft Source: Property Data Card
Acres: 0.23
Living Apx SqFt: 2058
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Rentals Allowed: With Restrictions
Min Rental Days: 28
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 80
Dock: Wood
Building Style
Above Flood: Unknown
Pool Info
Heated: Yes
Status Change Info
Under Contract Date: 2026-02-14
Leased Date: 2026-03-11
Leased Price Monthly: $2,725,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View; Ocean View; Open Water View; Salt Ponds
Dockage: Boat Lift
Property Condition: Updated/Remodeled
Vehicle Storage: Garage; Carport; Covered Parking; Off Street Parking
Furnished: Negotiable
Cooling: Central Air
Utilities: Buyer to Verify; FKAA; Municipal Sewer
Interior Features: Quartz Countertops; Window Treatments
Specialty Rooms: Loft
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler
Exterior Features: Fencing; Fruit Tree(s); Storage
Pool Info: In Ground; Concrete
Construction: Frame
Floor: Vinyl
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA
Title: Negotiable

Listing Office: Coldwell Banker Schmitt Lower Keys (KW)

Last Updated: March - 19 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)