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$3,899,000   Price Analysis
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231 E Shore Dr
Summerland Key, FL 33042
5 bed 6 bath 3,119 SqFt ($1250/SqFt)
3.34 acre lot. Built 2024
Listed 2024-05-21, HOA $400, Taxes $28,000
Ⓧ USDA Ineligible
due to price & location

near Summerland Key

Oceanfront

Brand new Construction home in the exclusive Residences at Summerland Key community, where nightly rentals are allowed! This new, gated development boasts a private boat basin which will feature a new composite dock with electric, water and fillet station f or easy and frequent boating, with an assigned dock space to convey with home purchase. The home is a two-story, Oceanfront paradise, intuitively designed with entertaining in mind. A bright and roomy open-concept floor plan features 10' high ceilings and loads of natural light. Equipped for culinary pursuits, the stunning Chefs Kitchen featurs a premium appliance package, quartz countertops, pantry and large island with seating. Plenty of room for family and guests with 5 spacious bedrooms and 5.5 Bathrooms. An expansive back veranda is accessed through the Great Room, an ideal spot for enjoying morning coffee while taking in the prevailing sea breezes. Steps from the veranda is a large pool deck and sparkling infinity pool; cool off after a day on the water in this backyard oasis!

Enjoy year-round sunshine from any of 3 decks totaling over 325 Sq. Ft. each, including a rooftop observation deck offering 360-degree views of Open Water, Sunrises and Sunsets! As an added bonus, the home comes equipped with Tesla Solar, elevator and 296 Sq. Ft. of downstairs storage. This turn-key, home is designed for elevated seaside living. Enjoy resort-style amenities, this well-appointed community will come equipped with a shared Sport Court for tennis, pickleball and basketball. Lounge in a hammock by the Oceanside or enjoy year-round sunshine via kayaks, canoes and paddleboards, this well-equipped development offers move-in ready Keys living. Just minutes from shops and restaurants in town, but nestled within a quiet, gated community, this enviable location offers peace, relaxation and convenient proximity to town! ACT NOW, home prices likely to increase as units are sold!


Presented by Lisa Ferringo at
Coldwell Banker Schmitt BPK (KW).
Listing Agent Photo

Property MLS #610081 from KeyWest

Bedrooms: 5

Total Bathrooms: 6.00
Full Bathrooms: 5
1/2 Bathrooms: 1

Built-in Cabinets
Pantry
Walk-in Closet(s)
Storage
Quartz Countertops
Elevator
Entrance Foyer
Interior Amenities: Laundry Room
Furnished Description: Unfurnished

Dishwasher
Microwave
Washer
Refrigerator
Range
Oven
Dryer
Disposal

Central Air

Fencing
Lighting
Lanai
Porch Description: Deck, Patio, Open Porch/Balcony

Pool Features: SwimmingPoolYN: Yes, In Ground

Oceanfront
Open Water

Lot Size Acres: 3.344812
Lot Size Square Feet: 145700

Parking Features: Covered Parking, Open Parking

View: Ocean View, Open Water View

Association: Yes
Association Amenities: Common Area Mnt
Association Fee: 1200
Association Fee Frequency: Quarterly
Calculated Total Monthly Association Fees: 400
Pets Allowed: Pets Allowed

Lease Term: 1.00

Community Features: Airstrip, Tennis Courts, Bike Paths

Annual Tax Amount: 33085.92
Source Listing Status: Active
County: Monroe
Directions: Turn Oceanside onto E Shore Dr (SR-942) at Mile Marker 25. The destination is ahead on the left.
Tax Year: 2023
Source Property Type: Residential - Single Family
Area: 08 - Summerland Key
Source Neighborhood: Summerland Estates (25.0)
Parcel Number: 00200610-000000
Subdivision: Summerland Estates (25.0)
Zoning: SR - Sub Urban Residentia
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$3,664 + $3,295,877
$3,299,541
$28,000
2021$unknown + $unknown
$1,966,870
$18,728
2020$unknown + $unknown
$1,788,064
$18,032
2019$5,914 + $1,619,599
$1,625,513
$15,054
2018$4,469 + $1,606,529
$1,610,998
$15,368
2017$4,680 + $1,818,479
$1,823,159
$15,769
2016$4,116 + $1,859,042
$1,863,158
$15,497
2015$3,635 + $1,302,351
$1,305,986
$13,197
2014$unknown + $unknown
$17,517
$3,675
2013$unknown + $unknown
$15,925
$3,842
2012$unknown + $unknown
$14,478
$159
2011$unknown + $unknown
$16,438
$178
2010$unknown + $unknown
$18,006
$200
2009$unknown + $unknown
$149,609
$1,492
2008$unknown + $unknown
$167,232
$1,416
2007$unknown + $unknown
$275,731
$2,137

Listed 2024-05-21
$3,899,000
KeyWest
Sold 2021-07-27
$3,520,000
Public Record
Listing removed 2021-07-23
$2,325,300
Marathon
Relisted 2021-06-28
$2,325,300
Marathon
Listing removed 2021-06-09
$2,325,300
Marathon
Price Changed 2021-03-03
$2,325,300
Marathon
Price Changed 2020-12-23
$2,525,300
Marathon
Price Changed 2020-11-28
$2,575,300
Marathon
Price Changed 2020-09-25
$2,625,300
Marathon
Listed 2020-07-12
$2,695,000
Marathon
Sold 2014-07-09
$1,500,000
Public Record

Total Square Feet Living: 3119
Year Built: 2024
Construction Materials: CBS
Living Area Source: Builder/Architect
New Construction: Yes
Property Condition: Under Construction
Roof: Metal Roof

Buyer to Verify
FKAA
Municipal Sewer

Sugarloaf School is a public elementary and middle school located approximately 5.8 miles away.
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Key West High School is a public middle and high school located approximately 22.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.