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Sold for $2,725,000
  • $2,725,000

    1147 Flagship Dr, Summerland Key, FL 33042

    3beds
    2,058sqft
    Single Family Residence
    Built in 1997
    10,018.8 Square Feet Lot
    $2,732,400 Zestimate®
    $1,324/sqft
    $5,897 Estimated rent

    Home value

    $2,732,400

    $2.40M - $3.11M

    $5,897/mo

    Zestimate® history
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    What's special

    Boat liftPrivate balconyPrivate deckHeated poolGrand porchAdditional living spacePrivate staircase
    Located on the highly desired Flagship Drive in Summerland Cove Isles, this stunning 3 bedroom, 2 bath home plus a loft offers beautiful views of the salt ponds and open water. As you walk up the front steps, you're greeted by a grand porch that sets the tone for the coastal charm found throughout the home. The split floor plan provides ideal privacy, with two guest bedrooms on one side and a spacious primary suite on the other. The primary features an en suite bath with access to the back screened-in porch, a private staircase leading to the loft, and its own private balcony. The loft offers additional living space that can be used as an office, gym, or reading nook and opens to a private deck with a staircase up to the rooftop. From the rooftop, enjoy panoramic sunrise to sunset views and incredible stargazing with no light pollution. The home has just been completely updated with new SPC vinyl flooring throughout, quartz countertops, all-new kitchen cabinetry and appliances, and impact-resistant windows and doors. Both the interior and exterior were freshly painted, creating a bright coastal feel. The home also offers two HVAC systems, providing comfort and efficiency for each side of the house. The open living area flows to a screened-in porch perfect for entertaining, with stairs leading down to a beautifully landscaped backyard featuring a heated pool and plenty of covered space for relaxing. The property includes an 80 ft dock with a 16,000 lb boat lift and no bridges to the ocean, making it a boater's dream. The lot is fully fenced and offers an enclosed storage area for pool and boating gear, plus a one-car garage for additional storage. Enjoy modern updates, stunning water views, and the relaxed island lifestyle in this exceptional Summerland Cove Isles home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa H Ferringo,

    Coldwell Banker Schmitt Lower Keys (KW)

    Bought with:

    outside of mls

    Outside Of MLS

    Source: FLKMLS,MLS#: 617168MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Quartz Countertops, Loft
    • Flooring: Vinyl
    • Doors: Impact Rstnce Doors
    • Windows: Window Treatments, Impact Rstnce Window
    Interior area
    • Total interior livable area: 2,058 sqft

    Property

    Parking
    • Parking features: Garage, Covered, Off Street, Carport
    • Has garage: Yes
    • Has carport: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Roof Top Deck, Screened P/B
    • Exterior features: Storage
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Concrete
    • Fencing: Fenced
    • Has view: Yes
    • View description: Ocean, Salt Ponds, Water, Canal
    • Has water view: Yes
    • Water view: Ocean,Salt Ponds,Water,Canal
    • Waterfront features: Canal Front, Waterfront, Dock: Wood, Dock Length: 80, Dockage: Boat Lift
    Lot
    • Size: 10,018 sqft
    • Features: Less Than 1/4 Acre
    • Residential vegetation: Fruit Tree(s)
    Details
    • Parcel number: 00198931002300
    • Zoning: IS
    • Zoning description: Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Buyer to Verify

    Community & neighborhood

    Location
    • Region: Summerland Key
    • Subdivision: Summerland Cove Isle (25.5)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash,FHA,Conventional

    Price history

    DateEventPrice
    3/11/2026Sold$2,725,000+2.8%$1,324/sqft
    Source: FLKMLS #617168 Report a problem
    2/17/2026Contingent$2,650,000$1,288/sqft
    Source: FLKMLS #617168 Report a problem
    12/17/2025Price change$2,650,000-1.7%$1,288/sqft
    Source: FLKMLS #617168 Report a problem
    12/3/2025Price change$2,695,000-3.6%$1,310/sqft
    Source: Key West AOR #617168 Report a problem
    11/18/2025Price change$2,795,000-3.6%$1,358/sqft
    Source: FLKMLS #617168 Report a problem
    11/5/2025Listing removed$13,000$6/sqft
    Source: Zillow Rentals Report a problem
    11/3/2025Listed for sale$2,899,000+231.3%$1,409/sqft
    Source: FLKMLS #617168 Report a problem
    7/25/2025Listed for rent$13,000$6/sqft
    Source: Zillow Rentals Report a problem
    6/9/2025Listing removed$13,000$6/sqft
    Source: Zillow Rentals Report a problem
    4/22/2025Listed for rent$13,000+64.6%$6/sqft
    Source: Zillow Rentals Report a problem
    4/19/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    11/16/2020Listed for rent$7,900$4/sqft
    Source: Zillow Rental Manager Report a problem
    4/2/2015Sold$875,000-2.7%$425/sqft
    Source: FLKMLS #563134 Report a problem
    2/11/2015Pending sale$899,000$437/sqft
    Source: Coldwell Banker Schmitt RE Co. Lower Keys Office #563134 Report a problem
    4/29/2014Price change$899,000-4.8%$437/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #563134 Report a problem
    4/1/2014Price change$944,000-0.5%$459/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #563134 Report a problem
    1/16/2014Listed for sale$949,000-4.6%$461/sqft
    Source: Coldwell Banker Schmitt Real Estate Co #563134 Report a problem
    4/26/2013Listing removed$995,000$483/sqft
    Source: Coldwell Banker Schmitt Real Estate Co #558552 Report a problem
    7/27/2012Listed for sale$995,000$483/sqft
    Source: Coldwell Banker Schmitt Real Estate Co #558552 Report a problem
    5/2/2012Listing removed$995,000$483/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #551132 Report a problem
    1/21/2012Price change$995,000-16.7%$483/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #551132 Report a problem
    2/9/2011Price change$1,195,000-7.7%$581/sqft
    Source: Coldwell Banker Schmitt Report a problem
    1/8/2011Listed for sale$1,295,000-4.1%$629/sqft
    Source: Coldwell Banker Schmitt Report a problem
    8/4/2010Listing removed$1,350,000$656/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #551132 Report a problem
    5/23/2010Price change$1,350,000-6.9%$656/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #551132 Report a problem
    2/11/2010Listed for sale$1,450,000+1218.2%$705/sqft
    Source: Coldwell Banker Schmitt Report a problem
    4/18/1995Sold$110,000$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,853 +0.1%$1,459,636 +10%
    2024$13,841 +15.2%$1,326,942 +10%
    2023$12,018 +13.9%$1,206,311 +10%
    2022$10,552 +7.6%$1,096,646 +10%
    2021$9,808 -0.6%$996,951 +0.4%
    2020$9,864 $993,080 +2.6%
    2019$9,864 +2.1%$967,527 +1.6%
    2018$9,665 -1.2%$952,744 -1.4%
    2017$9,786 -0.5%$966,373 +25.1%
    2016$9,834 +19.6%$772,713 +35.4%
    2015$8,225 $570,747

    Find assessor info on the county website

    Neighborhood: 33042

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,732,400
    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
    $2,732,400