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Sold for $2,000,000
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  • $2,000,000

    1040 Gulf Dr, Summerland Key, FL 33042

    4beds
    2,233sqft
    Single Family Residence
    Built in 2003
    8,276.4 Square Feet Lot
    $2,205,900 Zestimate®
    $896/sqft
    $7,898 Estimated rent

    Home value

    $2,205,900

    $2.01M - $2.45M

    $7,898/mo

    Zestimate® history
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    $12,093/mo

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    What's special

    Anglers Fortress in Summerland Cove Isles affectionately know as 'The Castle' is truly a gem nestled in a highly desirable neighborhood with excellent deep-water access to the Gulf Atlantic near some of the best fishing spots in the Florida Keys. This concrete constructed retreat offers not only roof top Ocean views, but also meticulous attention to detail, quality workmanship and an array of desirable amenities including RV parking with 50 AMP electric service, a heated pool and spa, and a concrete rooftop deck with water and electric service that provides 360-degree panoramic views of the surrounding landscape offering the perfect vantage point from which to watch the Sun rise and set over the glistening Ocean. Inside, the home boasts 4 bedrooms and 3 baths, including a permitted guest quarters with its own entrance and screened patio. The open concept kitchen and living area seamlessly flow into the expansive screened patio, creating an ideal space for entertaining while enjoying the picturesque outdoor views. Each bedroom has its own private entrance and the master suite, occupying the entire third level, is a true retreat with an open bonus room and private veranda. For boating enthusiasts, there's an 80 ft seawall with 17000 lb. boat lift, 10,000 lb. davits, an outdoor shower, and a convenient fish cleaning station. The 13 X 39 concrete block garage boasts 10 1/2 ft ceilings and wind rated doors providing secure storage for your equipment, supplies. The impressive outdoor space also includes covered patio, tropical landscaping, parking for multiple vehicles, and a built-in SWAT mosquito and no-see-um control system ensuring a comfortable and enjoyable environment year-round. 'The Castle' offers a perfect blend of luxury, comfort, convenience, and outdoor living, making it an ideal retreat for those seeking the ultimate waterfront lifestyle in the Florida Keys.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dina R Schoneck 305-747-3462,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Bought with:

    Ashkarian Ardis Team, 622790

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 610520MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air, Ductless, Ceiling Fans(s)
    Appliances
    • Included: Washer, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Pantry, Whirlpool Bath Tub, Walk-In Closet(s), Storage, Granite Counters, Built-in Cabinets, Loft, Other Specialty Room
    • Flooring: Tile, Carpet
    • Doors: French Doors
    • Windows: Casement, Accordion, Panel
    Interior area
    • Total interior livable area: 2,233 sqft

    Property

    Parking
    • Parking features: Garage, Trailer Storage, Covered, RV Parking Open, Off Street, Open, Carport
    • Has garage: Yes
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Deck, Screened Patio, Patio, Widow's Walk, Roof Top Deck
    • Exterior features: Water Display, Storage, Rain Gutters
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Fiberglass
    • Fencing: Fenced
    • Has view: Yes
    • View description: Ocean, Water, Canal
    • Has water view: Yes
    • Water view: Ocean,Water,Canal
    • Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock Length: 80, Dockage: Davits, Boat Lift
    Lot
    • Size: 8,276 sqft
    • Dimensions: 80 x 101
    • Features: Less Than 1/4 Acre
    Details
    • Additional structures: Workshop
    • Parcel number: 00198934002400
    • Zoning: IS
    • Zoning description: Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS, Concrete
    • Roof: Metal,Concrete
    Condition
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: FKAA
    Green energy
    • Water conservation: Cistern

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Summerland Key
    • Subdivision: Summerland Cove Isle (25.5)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: No Seller Finance,FHA,VA Loan,Conventional,Cash

    Price history

    DateEventPrice
    8/7/2024Sold$2,000,000-4.7%$896/sqft
    Source: FLKMLS #610520 Report a problem
    6/26/2024Contingent$2,099,000$940/sqft
    Source: Key West AOR #610520 Report a problem
    6/22/2024Listed for sale$2,099,000-4.5%$940/sqft
    Source: Key West AOR #610520 Report a problem
    6/20/2024Listing removed--
    Source: FLKMLS #609224 Report a problem
    4/26/2024Price change$2,199,000-4.3%$985/sqft
    Source: FLKMLS #609224 Report a problem
    4/12/2024Price change$2,299,000-2.2%$1,030/sqft
    Source: FLKMLS #609224 Report a problem
    3/16/2024Listed for sale$2,350,000+64.3%$1,052/sqft
    Source: FLKMLS #609224 Report a problem
    6/14/2021Sold$1,430,000+10.1%$640/sqft
    Source: FLKMLS #595603 Report a problem
    4/12/2021Contingent$1,299,000$582/sqft
    Source: FLKMLS #595603 Report a problem
    4/12/2021Listed for sale$1,299,000$582/sqft
    Source: Key West AOR #595603 Report a problem
    12/5/2018Listing removed$1,299,000$582/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. (KW) #568290 Report a problem
    8/23/2015Listed for sale$1,299,000-1.6%$582/sqft
    Source: Coldwell Banker Schmitt RE Co. Lower Keys Office #122048 Report a problem
    2/12/2009Sold$1,320,000+9.1%$591/sqft
    Source: MLKAR #547895 Report a problem
    4/30/2008Sold$1,210,000-13.5%$542/sqft
    Source: Public Record Report a problem
    2/26/2008Listed for sale$1,399,000+7.6%$627/sqft
    Source: RealBird #537220 Report a problem
    9/30/2005Sold$1,300,000$582/sqft
    Source: Public Record Report a problem
    2/28/2005Sold$1,300,000$582/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,795 +1.6%$1,610,185 -3.5%
    2024$14,556 +3.2%$1,667,806 +3%
    2023$14,109 +14.2%$1,619,230 +18.4%
    2022$12,356 +16.3%$1,367,779 +25.9%
    2021$10,620 +6.2%$1,085,988 +7.7%
    2020$10,003 $1,008,184 -0.5%
    2019$10,003 -0.9%$1,013,535 +1.1%
    2018$10,091 -1.6%$1,002,411 -2.1%
    2017$10,260 -1.1%$1,023,824 +5.3%
    2016$10,378 +2%$972,733 -2%
    2015$10,176 $992,616

    Find assessor info on the county website

    Neighborhood: 33042

    Nearby schools

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    Estimated market value
    $2,205,900
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    Estimated market value
    $2,205,900