Priced at Current appraised value, this 3-bedroom, 3-bath concrete fortress on deep water canal (5' draft) is located in the highly sought-after Summerland Cove with quick access to both the Gulf and Atlantic--just a 15-minute boat ride to open ocean--this home is a true boater's paradise. Additionally, enjoy Airstrip rights as part of the Summerland Airport community. Set on a generous 75' x 100' corner lot, the property offers exceptional dockage, thoughtful upgrades, and wonderful potential to further customize your Keys dream home.
Designed for the boating lifestyle with room for a POOL featuring:
• A 50' wide deep-water canal allows for larger boats
• 15,000 lb boat lift, two-8,000 lb davits, and 75 ft seawall with swim ladder
• A concrete boat launch that has been decked for easy access.
• Covered Parking for 5 vehicles with a three-bay carport + Garage / Living space with full bath and 11' ceiling height
• RV Parking for large RV with 45' concrete runners
• A 75' x 100' corner lot with plenty of room for a pool
Pull in the carport protected from the rain and bring your groceries up the inside stairwell.
Inside, you'll find a welcoming blend of coastal charm and modern updates:
• Renovated kitchen with stainless steel appliances and built in double drawer freezer
• Air-conditioned screened porch with sunrise views
• Built-in propane pizza oven -- perfect for entertaining
• New water heater (2025), new epoxy walkway flooring (2025), and unique aluminum railings (2025)
• Recent exterior paint, metal roof (2018)
* hurricane impact windows
*Garage/Living space with new epoxy flooring
• Airport community
As a final bonus, a Key West 244 Bluewater center console with 250 Suzuki is available for purchase -making it even easier to step straight into the Keys boating lifestyle.
This is a rare opportunity to own a beautiful home in one of the Lower Keys' most desirable neighborhood.
*Owner financing will be considered
Se
Pending
$1,595,000
887 Bay Dr, Summerland Key, FL 33042
3beds
2,022sqft
Single Family Residence
Built in 1974
7,405 Square Feet Lot
$1,481,500 Zestimate®
$789/sqft
$-- HOA
What's special
Inside stairwellRecent exterior paintHurricane impact windowsExceptional dockage
- 88 days
- 55
- 0
Zillow last checked:
Listing updated:
Listed by:
Amy Hanson 864-314-3980,
Realty Executives Florida Keys Summerland Branch,
Michelle Blades 305-394-4750,
Realty Executives Florida Keys Old Town
Source: FLKMLS,MLS#: 618272
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Full bathroom
- Level: Main
Full bathroom
- Level: Main
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Heat Pump, Ceiling Fans(s)
Appliances
- Included: More Appliances, Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Stainless Steel Appliance(s)
- Laundry: Laundry Room
Features
- Built-in Features, Bar, Quartz Countertops
- Flooring: Tile
Interior area
- Total structure area: 2,022
- Total interior livable area: 2,022 sqft
Property
Parking
- Parking features: Attached, RV Access/Parking, Storage
- Has attached garage: Yes
Features
- Patio & porch: Open Porch/Balcony, Screened Patio
- Exterior features: Bar, Built-in Barbecue
- On waterfront: Yes
Lot
- Size: 7,405 Square Feet
- Dimensions: 70' x 100'
Details
- Parcel number: 00198932004400
- Zoning: IS - Improved Subivision District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1974
Utilities & green energy
- Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available
Community & HOA
Community
- Features: Fire Hydrant
- Subdivision: Summerland Cove Isle (25.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Summerland Key
Financial & listing details
- Price per square foot: $789/sqft
- Tax assessed value: $1,005,613
- Annual tax amount: $6,309
- Date on market: 6/3/2026
- Listing terms: Cash,Conventional
Estimated market value
$1,481,500
$1.41M - $1.56M
$7,881/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Pending sale | $1,595,000$789/sqft |
Source: | ||
| 6/3/2026 | Listed for sale | $1,595,000$789/sqft |
Source: | ||
| 4/20/2026 | Listing removed | $1,595,000$789/sqft |
Source: | ||
| 1/23/2026 | Listed for sale | $1,595,000+192.1%$789/sqft |
Source: | ||
| 12/7/2017 | Sold | $546,000+9.2%$270/sqft |
Source: Public Record Report a problem | ||
| 4/6/2016 | Sold | $500,000+93.1%$247/sqft |
Source: Public Record Report a problem | ||
| 5/11/1998 | Sold | $259,000+45.9%$128/sqft |
Source: Public Record Report a problem | ||
| 3/19/1996 | Sold | $177,500$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,309 +5.3% | $670,253 +2.9% |
| 2024 | $5,991 +4% | $651,364 +3% |
| 2023 | $5,760 +2.7% | $632,393 +3% |
| 2022 | $5,609 +16.4% | $613,974 +27.9% |
| 2021 | $4,816 +6.6% | $479,938 +5.7% |
| 2020 | $4,518 | $454,057 -4% |
| 2019 | $4,518 -3.9% | $472,745 +1.2% |
| 2018 | $4,703 -8.7% | $467,020 -7.4% |
| 2017 | $5,152 -5.7% | $504,306 +15.4% |
| 2016 | $5,461 +10.3% | $436,976 -14.7% |
| 2015 | $4,950 | $512,182 |
Find assessor info on the county website
Monthly payment
Est. payment





