$5,500,000
Summerland Key, FL 33042
MLS# 621388
3 beds | 3 baths | 2088 sqft
1 / 100
Property Description
Exceptional Investment Opportunity in the Lower Florida Keys! Seller financing is available with a 20% down payment, 6.5% interest in a 5-year balloon. Other additional terms are subject to seller approval. 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
Maps
Contract Information
Current Price: $5,500,000
Listing Date: 2026-09-18
Listing Board: Marathon/Lower Keys
Monthly Rent: $5,500,000
As is Rght to Inspct: Yes
Species List: Yes
Location, Tax & Legal
Street #: 481
Direction: E
Street Name: Shore
Street Suffix: Drive
Key/Island: Summerland Key
State/Province: FL
Zip Code: 33042
County: Monroe
Subdivision: Summerland Estates (25.0)
Area: 08 - Summerland Key
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 6
Pool: Yes
Year Built: 1992
Total Units: 1
Lot Size: X
Lot SqFt: 36745
Lot Sqft Source: Survey
Acres: 1.07
Living Apx SqFt: 2088
SqFt Source: Survey
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 180
Building Style
Above Flood: Yes
# Stories: 3 Stories
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Oceanfront
Waterview: Ocean View; Open Water View
Vehicle Storage: Open Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Heating: Central
Utilities: Buyer to Verify; FKAA; Municipal Sewer
Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Pool Info: In Ground; Fiberglass
Construction: CBS
Shutters: Accordion
Floor: Marble; Tile; Wood
Roof: Tile Roof
Pets: Pets Allowed
Land Size: 1/2 - Less Than 1 AC
Terms: Cash; Conventional; Seller Finance Psble
Title: Negotiable
Room Information
| Room Name | Level |
| Bedroom 1 | Second |
| Bedroom 2 | Second |
| Bedroom 3 | Third |
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: November - 04 - 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.