Libby Payne
BEDS3
BATHS3 full
SQUARE FEET2,088
MLS#621388
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONSummerland Estates (250)
Property 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!
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fans(s)
Heating: Central
Lot Size: 1.07 Acres
Roof Type: Tile Roof
Stories: 3.0
Taxes: $18,895
Year Built: 1992
Feature Descriptions
Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Building Above Flood: Yes
Days on Site: 6
Dock Length: 180
Exterior: CBS
Flood Zone: AE, AE, AE, VE
Flooring: Tile, Marble, Wood
Furnished: Yes
Furnished: Furnished
HOA (1st Right of Refusal) Y/N: No
HOA (Mandatory) Y/N: No
Key/Island: Summerland Key
Listing Board: Marathon/Lower Keys
Lot Dimensions: 1.07Acre(s)
Parcel #: 00200600-000000
Parking: Open Parking
Pets: Pets Allowed
Pool: In Ground, Fiberglass
Porch/Balcony: Open Porch/Balcony
Sewer Hookup: Yes
Shutters: Accordion
Swimming Pool: Yes
Tax exemptions: None
Units: 1
Utilities: FKAA, Buyer to Verify, Municipal Sewer
Waterfront: Oceanfront
Waterview: Ocean View, Open Water View
Windows/Doors: Sliding Glass Doors
Zoning: SR - Sub Urban Residential District
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Keys Real Estate
Agency Phone: (305) 743-7636
Shown By
Agent Name: Libby Payne
Agent Phone: (386) 341-2429
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 32,452.06 per month $29,273.31 Principal & Interest $1,574.58 Property Tax $1,604.17 Homeowner's InsuranceChange Payment Information
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481 E Shore Drive | MLS# 621388
This single family home located at 481 E Shore Drive, Summerland Key, FL 33042 is currently listed for sale with an asking price of $5,500,000. This property was built in 1992 and has 3 bedrooms and 3 full baths with 2088 sq. ft. E Shore Drive is located in the Summerland Estates (250) subdivision. Search Summerland Estates (250) real estate on libbypayne.adamscameron.com today.