$5,500,000
- 3 Beds
- 3 Baths
- 2,088 sqft (on 1.07 acres)
481 E Shore Dr, Summerland Key, FL 33042
Est. Mortgage $33,077/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1992
1.07 acre lot
$2,634/sqft
Open Parking
Local Information
-- mins to
About this House
What's unique:Private natural beachBreathtaking ocean viewsLuxurious three-bedroom beach house
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!
Last check for updates: about 6 hours ago
Listing courtesy of Mariana Zaleska-Montadas, (305) 767-3140
Berkshire Hathaway HomeServices Keys Real Estate
Source: FLKMLS, MLS#621388

Also Listed on FLKMLS.
Home Details for 481 E Shore Dr
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Interior Details Number of Rooms: 3Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2088 Square Feet |
Appliances & Utilities Appliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Stainless Steel Appliance(s)DishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: Central Air,Ceiling Fans(s)Has HeatingHeating Fuel: Has Heating Unspecified Type |
Windows, Doors, Floors & Walls Flooring: Tile, Wood, Marble |
Levels, Entrance, & Accessibility Floors: Tile, Wood, Marble |
View No View |
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Exterior Home Features Patio / Porch: Open Porch/BalconyHas a Private Pool |
Parking & Garage No Attached GarageHas Open ParkingParking: Open |
Pool Pool: In Ground, FiberglassPool |
Frontage WaterfrontOn Waterfront |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1992 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: CBS |
Property Information Parcel Number: 00200600000000 |
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Price List Price: $5,500,000Price Per Sqft: $2,634 |
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MLS Status: Active |
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Direction & Address City: Summerland KeyCommunity: Summerland Estates (25.0) |
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Listing Agent Listing ID: 621388 |
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Building Area Building Area: 2088 Square Feet |
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Not Senior Community |
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HOA Fee Includes: NoneNo HOAHOA Fee: No HOA Fee |
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Lot Area: 1.07 Acres |
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Listing Terms: Seller Finance Psble, Cash, Conventional |
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Furnished |
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Mls Number: 621388 |
Around this home
What Locals Say about Summerland Key
At least 14 Trulia users voted on each feature.
82 % Say it's dog friendly
82 % Say yards are well-kept
79 % Say people would walk alone at night
78 % Say car is needed
76 % Say parking is easy
71 % Say it's quiet
70 % Say there's holiday spirit
59 % Say neighbors are friendly
58 % Say they plan to stay for at least 5 years
58 % Say it's walkable to restaurants
47 % Say there are community events
44 % Say there's wildlife
29 % Say kids play outside
15 % Say it's walkable to grocery stores
14 % Say streets are well-lit
11 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
Market trends in Summerland Key
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
90
14MoM
Home Value
Trulia Estimate
$2.79MSince last month
Increased$18K (+0.7%)Since last year
Decreased$2M (-43.2%)Since last sale
Increased$2M (+179.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +169% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $2.79M |
| August 2026 | $2.78M |
| July 2026 | $2.62M |
| June 2026 | $2.69M |
| May 2026 | $2.65M |
| April 2026 | $2.55M |
| March 2026 | $4.96M |
| February 2026 | $4.91M |
| January 2026 | $4.88M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.58 | Single-Family Home | $849,000 | 05/13/26 | 4 | 3 | 2,100 | |
0.45 | Single-Family Home | $1,435,500 | 09/03/26 | 3 | 3 | 2,022 | |
0.12 | Single-Family Home | $1,250,000 | 06/30/26 | 2 | 2 | 1,392 | |
0.29 | Single-Family Home | $815,422 | 11/06/25 | 3 | 2 | 1,407 | |
0.41 | Single-Family Home | $2,220,000 | 03/30/26 | 3 | 3 | 2,010 | |
0.44 | Single-Family Home | $2,000,000 | 06/11/26 | 3 | 3 | 3,013 | |
0.33 | Single-Family Home | $1,100,000 | 04/27/26 | 3 | 2 | 1,204 | |
0.33 | Single-Family Home | $1,100,000 | 05/14/26 | 3 | 2 | 1,144 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $3,551,400 | 4 | 3 | 2,715 | Off Market | |
0.04 | $3,035,400 | 4 | 3 | 2,416 | Off Market | |
0.08 | $4,330,000 | 5 | 5.5 | 4,103 | Recently Sold | |
0.08 | $4,375,000 | 5 | 5.5 | 4,103 | For Sale | |
0.08 | $4,275,000 | 5 | 5.5 | 4,103 | Recently Sold | |
0.07 | $3,500,000 | 3 | 3 | 2,535 | For Sale | |
0.13 | $3,100,000 | 2 | 3 | 1,819 | For Sale | |
0.11 | $669,600 | 2 | 2 | 1,392 | Off Market | |
0.12 | $1,250,000 | 2 | 2 | 1,392 | Recently Sold | |
0.22 | $4,250,000 | 5 | 5.5 | 4,103 | For Sale | |
0.20 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 23, 2026 Source: FLKMLS #621388 | Listed For Sale | $5,500,000 |
Oct 29, 2025 Source: MLKAR #615917 | ListingRemoved | $5,500,000 |
Jul 24, 2025 Source: MLKAR #615917 | Listed For Sale | $5,500,000 |
Jul 16, 2025 Source: FLKMLS #612707 | ListingRemoved | $5,500,000 |
Dec 16, 2024 Source: MLKAR #612707 | Listed For Sale | $5,500,000 |
Apr 29, 2016 Source: FLKMLS #563740 | Sold | $1,000,000 |
Jan 12, 2016 Source: Agent Provided | ListingRemoved | $1,145,000 |
Jan 11, 2016 Source: Agent Provided | Pending | $1,145,000 |
Oct 5, 2015 Source: Agent Provided | PriceChange | $1,145,000 Price decreased by 8% |
May 15, 2015 Source: Agent Provided | PriceChange | $1,245,000 Price decreased by 14% |
Apr 26, 2015 Source: Agent Provided | PriceChange | $1,450,000 Price increased by 16% |
Apr 23, 2015 Source: Agent Provided | PriceChange | $1,245,000 Price decreased by 14% |
Mar 23, 2015 Source: Agent Provided | PriceChange | $1,450,000 Price increased by 16% |
Mar 21, 2015 Source: Agent Provided | PriceChange | $1,245,000 Price decreased by 14% |
Mar 19, 2015 Source: Agent Provided | PriceChange | $1,450,000 Price increased by 16% |
Jan 13, 2015 Source: Agent Provided | PriceChange | $1,245,000 Price decreased by 4% |
Aug 29, 2014 Source: Agent Provided | PriceChange | $1,295,000 Price decreased by 4% |
Jun 14, 2014 Source: Agent Provided | PriceChange | $1,345,000 Price decreased by 4% |
Apr 23, 2014 Source: Agent Provided | PriceChange | $1,395,000 Price decreased by 4% |
Jan 30, 2014 Source: Agent Provided | PriceChange | $1,450,000 Price decreased by 3% |
Nov 19, 2013 Source: Agent Provided | Listed For Sale | $1,499,000 |
May 1, 2000 Source: FLKMLS #501464 | Sold | $700,000 |
Aug 5, 1997 Source: N/A | Sold | $700,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $18,895 | $2,112,012 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Mariana Zaleska-Montadas, Berkshire Hathaway HomeServices Keys Real Estate
Agent Phone: (305) 767-3140

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys MLS.
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Frequently asked questions about 481 E Shore Dr
- What is the estimated monthly payment for 481 E Shore Dr?Based on a $5,500,000 list price with 20% down at today's rates, the estimated monthly payment for 481 E Shore Dr in Summerland Key, FL is approximately $34,121 (about $30,288 principal & interest, $3,758 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Summerland Key?Residents describe Summerland Key, FL as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Summerland Key, FL.
- What are the closest schools to 481 E Shore Dr?The closest schools to 481 E Shore Dr in Summerland Key, FL are Key West High School (rated 4/10), Sugarloaf School (Pre-K/Elementary/Middle, rated 6/10).
- What is 481 E Shore Dr estimated to be worth?Trulia's estimated value for 481 E Shore Dr in Summerland Key, FL is $2,787,400.
- Does 481 E Shore Dr have air conditioning?Yes, 481 E Shore Dr in Summerland Key, FL has air conditioning.
- Does 481 E Shore Dr have a pool?Yes, 481 E Shore Dr in Summerland Key, FL has a pool.
481 E Shore Dr, Summerland Key, FL 33042 is a 3 bedroom, 3 bathroom, 2,088 sqft single-family home built in 1992. This property is currently available for sale and was listed by FLKMLS on Sep 23, 2026. The MLS # for this home is MLS# 621388.

