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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

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 bot ...

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.