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  4. 481 Shore East Drive, Summerland, FL 33042
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481 Shore East Drive
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PRICED AT ONLY: $5,500,000

Address: 481 Shore East Drive, Summerland, FL 33042

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!

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More Like This
  • MLS#: 615917 ( Single Family )
  • Street Address: 481 Shore East Drive
  • Viewed: 1
  • Price: $5,500,000
  • Price sqft: $2,634
  • Waterfront: Yes
  • Waterfront Type: Oceanfront
  • Year Built: 1992
  • Bldg sqft: 2088
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 14

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!
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Features
Building and Construction
  • Absolute Longitude: 81.436823
  • Construction: CBS
  • Floor: Tile, Marble, Wood
  • Porchbalcony: Open Porch/Balcony
  • Roof: Tile Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 1.00
Property Information
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Open Parking
Eco-Communities
  • Off Shore Island: No
  • Pool Info: In Ground, Fiberglass
  • Water View: Ocean View, Open Water View
Utilities
  • Cooling: Central Air, Ceiling Fans(s)
  • Handicap Access: No
  • Heating: Central
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer
  • Windowsdoors: Sliding Glass Doors
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2024
Rental Information
  • Min Rental Days: 1.00
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 1263923
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: No
  • Dockage Dock Length: 180
  • Flood Zone: AE, AE, AE, VE, VE
  • Furnished: Furnished
  • Legal Description: LT 18 SUMMERLAND ESTATES SUMMERLAND KEY PB2-167 OR15-196/198 OR883-239/241 OR1079-555/58P/R OR1086-2458/60 OR3019-1174
  • Limitd Reprsntation: No
  • Mile Marker: 25.00
  • Parcel Num: 00200620-000000
  • Shutters: Accordion
  • Side: Ocean
  • Species List: Yes
  • Style: Single Family
  • Zoning: SR - Sub Urban Residential District
Nearby Subdivisions
Dobie's Sub (24.0)   Niles Channel Sub (25.0)   S Summerland Key Yac (25.0)   Snug Harbor Sub (25.0)   Summerland Beach (25.0)   Summerland Cove Isle (25.5)   Summerland Estates (25.0)   Summerland Key Cove (25.0)   Summerland Key Gard (25.0)  
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