1151 Ocean Drive, Summerland Key, FL 33042
$5,003,500
Property Type:
Residential
Bedrooms:
5
Baths:
6
Square Footage:
3,952
Lot Size (sq. ft.):
37,400
Status:
Closed
Current Price:
$5,003,500
List Date:
10/22/2025
Last Modified:
1/06/2026
Overview
Description
...
(Read more)
This luxe, oceanfront estate will be sold at Luxury AUCTION Without Reserve on December 4, 2025! List price for REFERENCE ONLY. Offered in co-op. with Platinum Luxury Auctions. Inquire for details.
Trophy Oceanfront Estate in THE PRIME location on Ocean Dr Summerland Key - surrounded by multi million dollar estates favored by celebrities and business leaders. Fly in and boat out! Located in one of the most exclusive areas of the Florida Keys, this one-of-a-kind estate offers the ultimate blend of luxury, privacy, and unmatched boating access. Set on a beautifully landscaped 37,400 sq ft lot with 120 feet of direct oceanfront, this residence is a rare opportunity to own a property designed for discerning buyers who demand the best. Boaters will be captivated by the 120,000 lb yacht lift, capable of hosting up to a 75 ft vessel—an extraordinary find in the Keys. The estate also features a private mooring buoy, two additional boat lifts, and a private boat basin. With exclusive bay bottom rights, this is a true boater's paradise. Inside, the home boasts 5 bedrooms, 4 full baths, and 2 half baths. The spacious guest suite features a separate sitting area currently set up as a gym with a half bathroom, and a large bedroom with ensuite bathroom. The open-concept living area showcases vaulted ceilings, a chef's kitchen with high-end appliances, and seamless indoor-outdoor flow to a sprawling tiled patio. Enjoy breathtaking views of the Atlantic and Little Palm Island from the raised pool, spa, and covered bar area, perfect for entertaining in style. The estate also includes a private beach, desalination plant, and backup generator, ensuring complete self-sufficiency. Additional highlights: one-car garage, large storage space, circular drive, and lush tropical grounds that evoke a luxury resort. Fly into paradise at Summerland Key Community Airport for residents only - helicopter and small aircraft. This exceptional property offers the pinnacle of Florida Keys living.
Listing Details MLS# 616984
Location, Tax & Legal
- Street #
- 1151
- Street Name
- Ocean
- Street Suffix
- Drive
- Key/Island
- Summerland Key
- State/Province
- FL
- Zip Code
- 33042
- County
- Monroe
- Subdivision
- Summerland Beach (25.0)
- Area
- 08 - Summerland Key
- City
- Summerland
- Mile Marker
- 25
- Marathon Neighborhood
- N/A
- Side
- Ocean
- Flood Zone
- VE,AE,AE,AE,VE
- Alternate Key #
- 1258849
- Parcel #
- 00197200-000000
- Zoning
- IS - Improved Subivision District
- Deed Restrictions
- Unknown
- Legal
- BK 1 LTS 6 AND 7 AND BAY BTM SELY AND ADJ TO LTS 6 AND 7 SUMMERLAND BCH ADDN 2 PB3-21 SUMMERLAND KEY SEC 1 TWP 67 RNG 2
- Taxes
- 44054
- Tax Year
- 2024
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Key West Association
General Property Description
- Realtor.COM Type
- Residential - Single Family
- Style
- Single Family
- Waterfront
- Yes
- Control Depth
- 4
- Pool
- Yes
- Year Built
- 2007
- Lot SqFt
- 37400
- Acres
- 0.81
- Living Apx SqFt
- 3952
- SqFt Source
- Appraisal
- Total Bedrooms
- 5
- Full Baths
- 4
- Half Baths
- 2
- Total Baths
- 6
- Rentals Allowed
- With Restrictions
- Min Rental Days
- 30
- Total Units
- 0
Status Change Info
- Sold Date
- 2026-01-05
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
- Association Fee $
- 0
Building Style
- Above Flood
- Yes
More Information
Appliances
- Other
- Desalination system
- Dishwasher
- Yes
- Dryer
- Yes
- Freezer
- Yes
- Microwave
- Yes
- Oven
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Stainless Steel Appliance(s)
- Yes
- Washer
- Yes
- Water Purification
- Yes
Remarks & Misc
- Remarks – Consumer
- This luxe, oceanfront estate will be sold at Luxury AUCTION Without Reserve on December 4, 2025! List price for REFERENCE ONLY. Offered in co-op. with Platinum Luxury Auctions. Inquire for details. Trophy Oceanfront Estate in THE PRIME location on Ocean Dr Summerland Key - surrounded by multi million dollar estates favored by celebrities and business leaders. Fly in and boat out! Located in one of the most exclusive areas of the Florida Keys, this one-of-a-kind estate offers the ultimate blend of luxury, privacy, and unmatched boating access. Set on a beautifully landscaped 37,400 sq ft lot with 120 feet of direct oceanfront, this residence is a rare opportunity to own a property designed for discerning buyers who demand the best. Boaters will be captivated by the 120,000 lb yacht lift, capable of hosting up to a 75 ft vessel—an extraordinary find in the Keys. The estate also features a private mooring buoy, two additional boat lifts, and a private boat basin. With exclusive bay bottom rights, this is a true boater's paradise. Inside, the home boasts 5 bedrooms, 4 full baths, and 2 half baths. The spacious guest suite features a separate sitting area currently set up as a gym with a half bathroom, and a large bedroom with ensuite bathroom. The open-concept living area showcases vaulted ceilings, a chef's kitchen with high-end appliances, and seamless indoor-outdoor flow to a sprawling tiled patio. Enjoy breathtaking views of the Atlantic and Little Palm Island from the raised pool, spa, and covered bar area, perfect for entertaining in style. The estate also includes a private beach, desalination plant, and backup generator, ensuring complete self-sufficiency. Additional highlights: one-car garage, large storage space, circular drive, and lush tropical grounds that evoke a luxury resort. Fly into paradise at Summerland Key Community Airport for residents only - helicopter and small aircraft. This exceptional property offers the pinnacle of Florida Keys living.
Fee Includes
- None
- Yes
Dockage
- Basin
- Yes
- Boat Lift
- Yes
Tax Exemptions
- None
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Central Air
- Yes
Heating
- Central
- Yes
Waterfront
- Oceanfront
- Yes
- Open Water
- Yes
Waterview
- Ocean View
- Yes
- Open Water View
- Yes
Floor
- Tile
- Yes
Neighborhood Feature
- Airstrip
- Yes
Interior Features
- Built-in Cabinets
- Yes
- Cathedral Ceilings
- Yes
- Drapes/Blinds Incl
- Yes
- Granite Counter Top
- Yes
- Storage
- Yes
- Walk-in Closet(s)
- Yes
Specialty Rooms
- Laundry Room
- Yes
- Workshop
- Yes
Windows/Doors
- Impact Rstnce Doors
- Yes
- Impact Rstnce Window
- Yes
Vehicle Storage
- Garage
- Yes
- Guest Parking
- Yes
- Open Parking
- Yes
- Trailer Storage
- Yes
Construction
- CBS
- Yes
- Concrete
- Yes
Land Size
- 1/2 - Less Than 1 AC
- Yes
Furnished
- Negotiable
- Yes
Utilities
- FKAA
- Yes
- Municipal Sewer
- Yes
- Propane
- Yes
- Whole House Generatr
- Yes
Porch/Balcony
- Deck
- Yes
- Open Porch/Balcony
- Yes
Exterior Features
- Bar
- Yes
- Chickee Hut
- Yes
- Fencing
- Yes
- Hot Tub
- Yes
- Lighting
- Yes
- Outdoor Shower
- Yes
- Privacy Wall/Fence
- Yes
- Sandy Beach
- Yes
- Storage
- Yes
Pool Info
- In Ground
- Yes
- Salt Water
- Yes
- Concrete
- Yes
- Decked
- Yes
Roof
- Metal Roof
- Yes
Property Features
Fee Includes:
None
Tax Exemptions:
None
Waterfront:
Oceanfront; Open Water
Waterview:
Ocean View; Open Water View
Dockage:
Basin; Boat Lift
Vehicle Storage:
Garage; Guest Parking; Open Parking; Trailer Storage
Furnished:
Negotiable
Cooling:
Ceiling Fans(s); Central Air
Heating:
Central
Utilities:
FKAA; Municipal Sewer; Propane; Whole House Generatr
Interior Features:
Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Granite Counter Top; Storage; Walk-in Closet(s)
Specialty Rooms:
Laundry Room; Workshop
Appliances:
Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Water Purification
Exterior Features:
Bar; Chickee Hut; Fencing; Hot Tub; Lighting; Outdoor Shower; Privacy Wall/Fence; Sandy Beach; Storage
Pool Info:
In Ground; Salt Water; Concrete; Decked
Construction:
CBS; Concrete
Floor:
Tile
Roof:
Metal Roof
Pets:
Pets Allowed
Neighborhood Feature:
Airstrip
Land Size:
1/2 - Less Than 1 AC
Listing Office:
The Agency Florida Keys
Last Updated: January - 06 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
