481 E Shore Dr, Summerland, FL 33042

$5,500,000
3
BD
3
BA
2,088
SqFt

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List Price
$5,500,000
MLS#
621388
Status
ACTIVE
Island
Summerland Key
County
Monroe
City
Summerland
Area
Summerland Key
Subdivision
Summerland Estates (25.0)
Neighborhood
08 - Summerland Key
Bedrooms
3
Bathrooms
3
Living Area
2,088
Acres
1.07
Year Built
1992
Days on Market
2

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!

Additional Information

Taxes
$18,895
Furnished
Furnished
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Stainless Steel Appliance(s)
Roof
Tile/Clay
Pool
Yes
Waterfront
Yes
Control Depth
6
Zoning
SR - Sub Urban Residential District
Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing Courtesy Of Berkshire Hathaway HomeServices Keys Real Estate, Contact: 305-743-7636