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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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$2,220,000
948 Gulf Drive
Summerland Key, FL 33042
MLS# 617094
Status: Closed
3 beds  |  3 baths  |  2010 sqft


Front
  1 / 55  
Front Back Living Area Open Floor Plan Dining into Living Kitchen Kitchen Kitchen Kitchen Balcony Balcony Upstairs Sitting Area Upstairs Sitting Area Primary Bedroom Primary Bedroom En Suite Bathroom En Suite Bathroom En Suite Bathroom En Suite Walk-In Closet Canal View from the Roof Top Deck Roof Top Deck Roof Top Deck Roof Top Deck Guest Bedroom 1 Guest Bedroom 1 En Suite Guest Bathroom En Suite Guest Bathroom Guest Bedroom 2 Guest Bedroom 2 Guest Bathroom 2 Guest Bathroom 2 Laundry Garage Garage Outdoor Shower Dock Dock and Lift Dock Canal Canal Open Water Access Under House Storage Back Yard Back Yard Back Yard Back Front Street View Street View Aerial Aerial Aerial Aerial Aerial Aerial

Property Description
Luxury coastal living meets unmatched boating convenience at this fully renovated canal-front stunner in prestigious Summerland Cove Islands. Situated on a 7,575 sq ft lot with 75 ft of concrete dockage, a 20K lb boat lift, and quick ocean access via wide, flow-through canals — this 3 Bedroom, 3 Bathroom home is a dream for boating enthusiasts. Inside, this 2,010 sq ft two-story retreat impresses with engineered wood flooring, sun-soaked picture windows, and a bright modern kitchen featuring sleek white cabinetry, quartz countertops, Sub-Zero appliances, a wine cooler, and a large island with storage and seating. The main level hosts two GuestBedrooms and two stylish Full Baths. Upstairs, a spacious Den and the luxurious Primary Suite await — complete with a walk-in closet, double vanity, glass shower, and a private balcony leading to a rooftop deck with sweeping water views and star-filled skies. Built for style and durability with Hardie siding, a metal roof, impact windows/doors, and a Chicago brick driveway. Enjoy lush tropical landscaping, a garage for added storage, and room to unwind or entertain indoors or out. Conveniently located near Summerland Key Airport with available tie-downs — perfect for the pilot lifestyle. A rare offering that blends refined finishes with adventure-ready features in one of the Keys' most coveted neighborhoods.

Details
Maps
Contract Information
Current Price: $2,220,000
Listing Date: 2025-10-30
Listing Board: Key West Association
Leased Price Monthly: $2,220,000
As is Rght to Inspct: Yes
Species List: Yes
Location, Tax & Legal
Street #: 948
Street Name: Gulf
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: No
Year Built: 2000
Total Units: 1
Lot SqFt: 7575
Lot Sqft Source: Property Data Card
Acres: 0.17
Living Apx SqFt: 2010
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 28
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 75
Dock: Concrete
Seawall: Concrete
Building Style
Above Flood: Yes
# Stories: 2 Stories
Status Change Info
Under Contract Date: 2026-02-18
Leased Date: 2026-03-30
Leased Price Monthly: $2,220,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View
Dockage: Boat Lift; Davits
Property Condition: Updated/Remodeled
Vehicle Storage: Garage; Off Street Parking; Open Parking; Trailer Storage
Furnished: Negotiable
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Cable Available; FKAA; Municipal Sewer
Interior Features: Bar; Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Storage; Walk-in Closet(s); Window Treatments
Specialty Rooms: Laundry Room; Media Room
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler
Exterior Features: Fencing; Lanai; Outdoor Shower; Storage
Construction: Frame; Hardi Board Siding
Floor: Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Airstrip; Bike Paths; Other Area Features
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Negotiable

Listing Office: Coldwell Banker Schmitt Real Estate Co

Last Updated: March - 30 - 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)