# 481 E Shore Drive, Summerland Key, FL 33042

> **TL;DR:** 3bd/3ba single family, $5,500,000 ($2634/sqft), built 1992, 2,088 sqft.
> Pool, Waterfront, View, A/C. Est. $29,415/mo. Listed 40 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,500,000 |
| Price/sqft | $2634 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Square Feet | 2,088 |
| Year Built | 1992 |
| Lot Size | 46,609 sqft (1.07 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | Active |
| Days on Market | 40 |

## Why This Home Stands Out

- **Pool** - Porch
- **Waterfront** - Waterfront location listed
- **Views** - Ocean, Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $27,811 |
| Estimated Insurance | $1,604 |
| **Total** | **$29,415** |

## Key Amenities

- Pool
- Waterfront
- View
- A/C

## Property Highlights

- Built in 1992
- 1.07 acre lot
- Private pool
- Waterfront

## Description

### Agent 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!

## Location

- **Address:** 481 E Shore Drive, Summerland Key, FL 33042
- **County:** Monroe
- **Neighborhood:** Summerland Estates (25.0)
- **Coordinates:** 24.654601, -81.436827
- **Google Maps:** https://www.google.com/maps?q=24.654601,-81.436827

## Listing Agent

- **Name:** Mariana Zaleska-Montadas · **License:** 3546320
- **Brokerage:** Berkshire Hathaway HomeServices Keys Real Estate
- **Broker Phone:** (305) 743-7636
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/481-E-Shore-Dr_Summerland-Key_FL_33042_M61750-38370?f=listhub&s=MLKARFL&m=621388&c=propsimple)

## Photos

![481 E Shore Drive - Photo 1](http://lh.rdcpix.com/76414a3143bfe24c7a2a072b8ec1c74el-f4115527208r.jpg)

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---

**MLS#:** 621388 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Marathon and Lower Keys Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/481-e-shore-drive-summerland-key-fl-33042-d616086321f4498b912eda6bef9c8e1c)

---

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