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Sold for $5,040,000
  • $5,040,000

    1141 Ocean Dr, Summerland Key, FL 33042

    5beds
    3,421sqft
    Single Family Residence
    Built in 2005
    0.42 Acres Lot
    $4,917,000 Zestimate®
    $1,473/sqft
    $7,304 Estimated rent

    Home value

    $4,917,000

    $4.52M - $5.36M

    $7,304/mo

    Zestimate® history
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    What's special

    Luxury Oceanfront Estate on Ocean Drive, Summerland Key! Discover the ultimate in luxury living on Ocean Drive with this stunning custom-built oceanfront estate. Perfect for those who appreciate the finest in quality and elegance, this property welcomes you with a grand gated entrance and a travertine marble pavered driveway that leads you to the gorgeous home. The estate's breathtaking oceanfront beach, pool, and spa area set the stage for the ultimate outdoor Keys living experience, making it ideal for both relaxation and entertainment. As you step inside, you'll be immediately captivated by the expansive main living area, where soaring ceilings and panoramic views of the Atlantic Ocean create an atmosphere of grandeur and tranquility. The home is 6,874 gross sqft, 3,421 sqft is a/c living meticulously designed with 4 beautifully appointed bedroom suites, each offering its own private bath, plus a 5th bedroom. Every room is bathed in natural light, creating a unique haven of comfort and style. The gourmet kitchen is a chef's dream, featuring granite countertops, custom cabinetry, and top-of-the-line Thermador stainless steel appliances. This estate is a boater's paradise with 60 feet of ocean frontage, and a well-equipped dock that can accommodate large vessels and multiple boats, with 2 huge boat lifts - one is 30,000 lb and the other is 15,000 lb. The expansive rooftop deck offers 360-degree views of the ocean, allowing you to enjoy stunning sunrises and sunsets from the privacy of your own home. Built in 2005 with solid concrete block construction, this home combines durability with timeless beauty. Situated on a beautifully landscaped 18,500-square-foot lot, the estate offers ample space and privacy, enhancing the overall sense of serenity. The property also includes an expansive covered car port and enclosed storage area, designed to meet all your storage needs with ease. This is a rare opportunity to own an exceptional oceanfront property in Summerland Key!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Swanson,

    Berkshire Hathaway HomeServices Knight & Gardner Realty,

    Ronald Gozza 561-618-2026,

    Premier Brokers International

    Bought with:

    Lisa Swanson

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Source: FLKMLS,MLS#: 611199MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
    • Laundry: Laundry Room
    Features
    • Built-in Cabinets, Bar, Walk-In Closet(s), Storage, Granite Counters, Entrance Foyer, Split Bedroom
    • Flooring: Tile, Marble
    • Doors: Glass Doors, Impact Rstnce Doors, Sliding Glass Doors
    • Windows: Drapes/Blinds Incl, Window Treatments, Impact Rstnce Window
    Interior area
    • Total interior livable area: 3,421 sqft

    Property

    Parking
    • Parking features: Open, Off Street
    • Has uncovered spaces: Yes
    Features
    • Levels: 3 Stories
    • Stories: 3
    • Patio & porch: Deck, Patio, Roof Top Deck
    • Exterior features: Storage, Sandy Beach, Lighting
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Concrete
    • Fencing: Fenced
    • Has view: Yes
    • View description: Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Oceanfront, Open Water, Waterfront, Sandy Beach, Dock: Composite
    Lot
    • Size: 0.42 Acres
    • Features: 1/4 - 1/2 Acre
    Details
    • Parcel number: 00197210000000
    • Zoning: IS
    • Zoning description: Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS, Concrete
    • Roof: Combo Roof,Other
    Condition
    • Year built: 2005

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Cable Available, Cable Connected

    Community & neighborhood

    Security
    • Security features: Electric Gate
    Community
    • Community features: Other, Airport/Runway
    Location
    • Region: Summerland Key
    • Subdivision: Summerland Beach (25.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Price history

    DateEventPrice
    9/20/2024Sold$5,040,000-14.6%$1,473/sqft
    Source: FLKMLS #611199 Report a problem
    9/17/2024Pending sale$5,900,000$1,725/sqft
    Source: FLKMLS #611199 Report a problem
    8/24/2024Listed for sale$5,900,000$1,725/sqft
    Source: Key West AOR #611199 Report a problem
    8/23/2024Listing removed--
    Source: FLKMLS #609537 Report a problem
    4/10/2024Listed for sale$5,900,000+47.7%$1,725/sqft
    Source: MLKAR #609537 Report a problem
    5/20/2022Sold$3,995,000-11.2%$1,168/sqft
    Source: FLKMLS #600375 Report a problem
    4/14/2022Pending sale$4,500,000$1,315/sqft
    Source: FLKMLS #600375 Report a problem
    4/1/2022Listed for sale$4,500,000+100%$1,315/sqft
    Source: Key West AOR #600375 Report a problem
    11/21/2011Sold$2,250,000-9.8%$658/sqft
    Source: Public Record Report a problem
    3/30/2011Price change$2,495,000-16.7%$729/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #113701 Report a problem
    1/30/2011Price change$2,995,000-11.9%$875/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #113701 Report a problem
    1/29/2011Price change$3,400,000+13.5%$994/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #113701 Report a problem
    1/27/2011Price change$2,995,000-11.9%$875/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #113701 Report a problem
    1/22/2011Price change$3,400,000+13.5%$994/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #113701 Report a problem
    1/21/2011Price change$2,995,000-11.9%$875/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #113701 Report a problem
    10/13/2010Listed for sale$3,400,000$994/sqft
    Source: Visual Tour #553225 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$37,886 +31.1%$4,359,133 +29.6%
    2024$28,898 +4.5%$3,363,974 +4.6%
    2023$27,662 +67.3%$3,215,317 +97.9%
    2022$16,536 +19.1%$1,624,894 +10%
    2021$13,886 +3.4%$1,477,176 +4.5%
    2020$13,434 $1,413,182 +1.6%
    2019$13,434 +1.1%$1,390,810 -0.5%
    2018$13,283 -3.2%$1,397,810 -6.3%
    2017$13,729 -5.3%$1,491,112 -1.1%
    2016$14,497 -3.9%$1,507,666 -17.5%
    2015$15,091 $1,826,435

    Find assessor info on the county website

    Neighborhood: 33042

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,917,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,917,000