231 East Shore Drive

Summerland Key, FL 33042

$3,899,000
Price
5
Beds
5
Baths
1
1/2 Bath
3,119 Sq. Ft.
$1,250 / Sq. Ft.
3,119
Sq. Ft.
$1,250
per Sq. Ft.

Description

Oceanfront, New Construction home in the exclusive Residences at Summerland Key community, where weekly 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 for 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 spacious open-concept floor plan features 10'...Oceanfront, New Construction home in the exclusive Residences at Summerland Key community, where weekly 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 for 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 spacious open-concept floor plan features 10' high ceilings, impact windows and loads of natural light. Equipped for culinary pursuits, the stunning Chefs Kitchen features 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!
  1. Listed by Lisa H Ferringo • Coldwell Banker Schmitt Lower Keys (KW)

Property Details for 231 East Shore Drive

Waterfront
Oceanfront, Open Water
Waterfront
Yes
Zoning
SR - Sub Urban Residential District
Subdivision
Summerland Estates (25.0)
Directions
Turn Oceanside onto E Shore Dr (SR-942) at Mile Marker 25. The destination is ahead on the left.
Vehicle Storage
Open Parking, Covered Parking
Pets
Pets Allowed
LISTING UPDATED: 12/30/2024 11:45 AM

Property Details for 231 East Shore Drive

StatusActive
MLS #610081
Days on Market228
Taxes$33,086 / year
HOA Fees$1,200 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built2024
Lot Size3.34 AC / 145,700 SF
CountyMonroe County

Building Information for 231 East Shore Drive

Stories-Year Built2024Building Size-Lot Size3.34 AC / 145,700 SF

Property Information for 231 East Shore Drive

Summary
Location and General Information
  • Waterview: Ocean View, Open Water View
  • Area: 08 - Summerland Key
  • Absolute Longitude: 81.437724
  • Control Depth: 4
  • Off Shore Island: No
  • Listing Board: Key West Association
  • Side: Ocean
  • Mile Marker: 25.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Tennis Courts, Bike Paths, Airstrip, Other Area Features
  • Key/Island: Summerland Key
Owner
  • Owner Name: Mandalay Group Associates LLC
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: Common Area Mnt
  • Furnished: Unfurnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Parcel #: 00200610-000000
  • Land Size: 2 Less Than 5 Acres
Property and Assessments
  • Legal: LT 17 SUMMERLAND ESTATES SUMMERLAND KEY PB2-167
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Builder/Architect
  • Flood Zone: AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 16
  • Document Count: 2
  • Building Style: Above Flood: Yes
  • Property Condition: Under Construction
  • Title: Negotiable
Utilities
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Species List: Yes
  • Pool: Yes
  • Pool Info: In Ground
  • Porch/Balcony: Open Porch/Balcony, Deck, Patio
Interior and Exterior Features
Interior Features
  • GF-Interior Features: Tankless Hot Wtr Htr
  • Interior Features: Pantry, Quartz Countertops, Walk-in Closet(s), Storage, Elevator, Built-in Cabinets, Entrance Foyer
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Metal Roof
  • Dockage: Dock: Composite
  • Construction: CBS
  • Dockage: Assigned Dock, Basin
  • Exterior Features: Fencing, Lanai, Lighting
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
Room Information
  • Specialty Rooms: Laundry Room

Property History for 231 East Shore 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 231 East Shore Drive

Taxable ValueLand$4,446,593Additions$3,480Total$4,450,073
Tax Record2023$33,086 ($2,757 / month)
Home Facts
Beds0Lot Size207,256 SqFtStyleResidentialCountyMONROEAPN00200610-000000

Schools near 231 East Shore 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.

Similar Homes

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231 East Shore Drive is a single family home for sale in Summerland Key, FL 33042. This property was listed for sale on May 21, 2024 by Coldwell Banker Schmitt Lower Keys (KW), it's currently listed at $3,899,000. It has been on the market for a total of 228 days and was last sold on July 22, 2021. This listing's school district is Monroe. Nearby schools include Sugarloaf School, Lower Keys Academic Connections for Excellence and Big Pine Academy. 231 East Shore Drive is a 5-bed, 5.5-bath, 3,119 sqft single family home built in 2024.

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 Coldwell Banker Schmitt Lower Keys (KW)

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.