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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

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

Status Change Info

Under Contract Date
2025-12-08
Leased Date
2026-01-05

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Building Style

Above Flood
Yes

More Information

Appliances

Other
Desalination system

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.