1151 Ocean Drive

Summerland Key, FL 33042

$7,995,000
Price
5
Beds
4
Baths
2
1/2 Baths
3,952 Sq. Ft.
$2,023 / Sq. Ft.
3,952
Sq. Ft.
$2,023
per Sq. Ft.

Description

Trophy oceanfront estate! This one-of-a-kind luxury estate offers an unparalleled coastal lifestyle on 120 feet of prime oceanfront. Designed for the discerning buyer, this breathtaking property combines elegance with the ultimate boating experience. The centerpiece of this estate is the 120,000 lb boat lift, capable of accommodating a 70 ft yacht--a rare find in the Keys. The property also features a private mooring buoy, 2 additional boat lifts, and a private boat basin equipped with a compressor-operated...Trophy oceanfront estate! This one-of-a-kind luxury estate offers an unparalleled coastal lifestyle on 120 feet of prime oceanfront. Designed for the discerning buyer, this breathtaking property combines elegance with the ultimate boating experience. The centerpiece of this estate is the 120,000 lb boat lift, capable of accommodating a 70 ft yacht--a rare find in the Keys. The property also features a private mooring buoy, 2 additional boat lifts, and a private boat basin equipped with a compressor-operated bubbler system to keep seaweed at bay. With exclusive bay bottom rights, it's a true boater's paradise, offering the perfect space to keep your vessels safe. Inside, the estate is a showcase of luxury. It features 5 spacious bedrooms, an exercise room, 4 full baths, and 2 half baths, all thoughtfully designed for comfort and style. The main living area boasts vaulted ceilings and opens onto a massive tiled patio surrounding a raised pool and spa. This elevated design allows for a seamless flow between indoor and outdoor living, complete with a covered bar area for entertaining and breathtaking panoramic views of the Atlantic Ocean and Little Palm Island. The chef's kitchen is equipped with high-end appliances and an open layout, perfect for grand gatherings. A separate dining area is adjacent to the kitchen and living area. There is a laundry room and the 5th bedroom is currently set up as an office for added flexibility. The single-car garage provides peace of mind for your vehicle, large storage area under the house. Set on an expansive 37,400 sq. ft. lot, this estate is beautifully landscaped, resembling a resort with lush tropical gardens. A desalination plant and backup generator ensure complete self-sufficiency, while the private beach offers your own slice of paradise. This is a trophy property unlike any other in the Lower Keys, with unmatched boating capabilities and luxurious living. Don't miss your chance! Schedule your private tour today
  1. Listed by Lisa Swanson • Berkshire Hathaway Knight & Gardner
  2. Listed by Ron Gozza • Premier Brokers International

Property Details for 1151 Ocean Drive

Waterfront
Oceanfront, Open Water
Waterfront
Yes
Zoning
IS - Improved Subivision District
Subdivision
Summerland Beach (25.0)
Vehicle Storage
Garage, Trailer Storage, Off Street Parking, Guest Parking, Open Parking, Attached
Pets
Pets Allowed
LISTING UPDATED: 09/23/2024 09:11 AM

Property Details for 1151 Ocean Drive

StatusActive
MLS #611557
Days on Market61
Taxes$40,880 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built2007
Lot Size0.86 AC / 37,400 SF
CountyMonroe County

Building Information for 1151 Ocean Drive

Stories-Year Built2007Building Size-Lot Size0.86 AC / 37,400 SF

Property Information for 1151 Ocean Drive

Summary
Location and General Information
  • Waterview: Ocean View, Open Water View
  • Area: 08 - Summerland Key
  • Absolute Longitude: 81.441137
  • Control Depth: 4
  • Listing Board: Key West Association
  • Side: Ocean
  • Mile Marker: 25.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Airstrip
  • Key/Island: Summerland Key
Owner
  • Owner Name: 41 Webster Llc
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Negotiable
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.81
  • Parcel #: 00197200-000000
  • Land Size: 1/2 - Less Than 1 AC
Property and Assessments
  • 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
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Appraisal
  • Flood Zone: VE,AE,AE,AE,VE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 66
  • Document Count: 0
  • Building Style: Above Flood: Yes
  • Security: Electric Gate, On Premises System
Utilities
  • Utilities: FKAA, Propane, Whole House Generatr, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: In Ground, Decked, Concrete, Salt Water
  • Porch/Balcony: Open Porch/Balcony, Deck, Patio
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Interior Features: Drapes/Blinds Incl, Built-in Cabinets, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Granite Counter Top, Cathedral Ceilings
  • Appliances: Washer, Water Purification, Stainless Steel Appliance(s), Gas Appliances, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Metal Roof
  • Construction: CBS, Concrete
  • Dockage: Boat Lift, Basin
  • Exterior Features: Bar, Storage, Sandy Beach, Privacy Wall/Fence, Outdoor Shower, Lighting, Hot Tub, Rain Gutters, Fencing, Chickee Hut
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
Room Information
  • Specialty Rooms: Laundry Room

Property History for 1151 Ocean Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1151 Ocean Drive

Taxable ValueLand$2,802,080Additions$2,202,571Total$5,004,651
Tax Record2023$40,880 ($3,407 / month)
Home Facts
Beds5Baths4Total Finished SqFt3,750 SqFtAbove Grade Finished SqFt3,750 SqFtStories1Lot Size72,000 SqFtStyleSingle Family ResidenceYear Built2007Year Renovated2020CountyMONROEAPN00197200-000000

Schools near 1151 Ocean Drive

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Charter - PK to 5
Charter - K to 8
Rating
School
Distance
Sugarloaf School
PublicPK to 8

Big Pine Academy
CharterPK to 5

Sigsbee Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1151 Ocean Drive is a single family home for sale in Summerland Key, FL 33042. This property was listed for sale on September 23, 2024 by Berkshire Hathaway Knight & Gardner, it's currently listed at $7,995,000. It has been on the market for a total of 61 days and was last sold on September 3, 2021. This listing's school district is Monroe. Nearby schools include Sugarloaf School, Lower Keys Academic Connections for Excellence and Big Pine Academy. 1151 Ocean Drive is a 5-bed, 5-bath, 3,952 sqft single family home built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway Knight & Gardner; Premier Brokers International

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.