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Sold for $2,500,000
  • $2,500,000

    943 Flagship Dr, Summerland Key, FL 33042

    3beds
    1,792sqft
    Single Family Residence
    Built in 2001
    10,018.8 Square Feet Lot
    $2,509,600 Zestimate®
    $1,395/sqft
    $7,122 Estimated rent

    Home value

    $2,509,600

    $2.18M - $2.86M

    $7,122/mo

    Zestimate® history
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    What's special

    Two boat liftsBoat rampCanal-front poolModern coastal feelFlexible bonus spaceCovered deckOpen-plan living
    Spectacular Open Ocean Views Across from Open Water! Rare opportunity to own this coastal jewel located on the most prestigious and sought-after Flagship Drive in the exclusive Summerland Cove Isle neighborhood on Summerland Key. This beautifully designed CBS 3-bedroom, 2-bathroom canal-front pool home offers breathtaking, unobstructed open ocean views that will captivate you from sunrise to sunset. Situated on an oversized 10,080 sq. ft. lot, larger than most in the area, this waterfront retreat is perfectly positioned across from open water, allowing you to enjoy mesmerizing sunset cocktails from the open deck with panoramic sunset views in one direction and exquisite moonrises in the other--all in one evening. The property boasts a concrete dock, a boat ramp for launching jet skis, small boats, paddleboards, and kayaks, as well as two boat lifts each 14k lb on a, deep, flow-through canal with quick and easy deep-water access to the Atlantic Ocean--a true boater's dream. Inside, the home features a modern coastal feel, inviting open-plan living, dining, and kitchen area with soaring vaulted ceilings, creating an airy and light-filled atmosphere. The split floor plan offers privacy, with the primary suite situated in a separate wing. This serene retreat also includes a flexible bonus space that can be closed off and used as a sitting area, office, gym, or nursery, with access to a covered deck. The exterior is equally impressive, featuring a sparkling concrete pool with canal-front views, a garage within a 1088 sqft storage area, and a carport offering ample space for boat storage or the option to transform it into a spacious covered entertaining area. Located near a local airstrip for small planes, this rare property is a haven for those seeking both luxury and convenience in a prime Keys location.Don't miss this rare opportunity to own a coastal jewel with ocean views and deep-water boating access. Insurances $12k Video https://tinyurl.com/4ff3aan8

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Swanson,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Bought with:

    Donna Pezzi, 3226338

    Keller Williams Key West Compass Realty

    Source: FLKMLS,MLS#: 613731MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    • Laundry: Laundry Room
    Features
    • Cathedral Ceiling(s), Quartz Countertops, Walk-In Closet(s), Storage, Built-in Cabinets, Split Bedroom, Utility Room
    • Flooring: Tile
    • Doors: Impact Rstnce Doors
    • Windows: Window Treatments, Other Windows/Doors, Impact Rstnce Window, Accordion
    Interior area
    • Total interior livable area: 1,792 sqft

    Property

    Parking
    • Parking features: Garage, Guest, Open, Carport
    • Has garage: Yes
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Open Porch/Balcony, Deck, Patio
    • Exterior features: Storage
    • Has private pool: Yes
    • Pool features: In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Ocean, Water, Canal
    • Has water view: Yes
    • Water view: Ocean,Water,Canal
    • Waterfront features: Canal Front, Waterfront, Dock: Concrete, Dockage: Boat Lift, Boat Ramp
    Lot
    • Size: 10,018 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Additional structures: Workshop, Gazebo
    • Parcel number: 00198931003500
    • Zoning: IS
    • Zoning description: Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS, Concrete
    • Roof: Metal
    Condition
    • Year built: 2001

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA

    Community & neighborhood

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

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Price history

    DateEventPrice
    7/15/2025Sold$2,500,000-3.8%$1,395/sqft
    Source: FLKMLS #613731 Report a problem
    6/18/2025Contingent$2,599,000$1,450/sqft
    Source: Key West AOR #613731 Report a problem
    5/29/2025Price change$2,599,000-3.7%$1,450/sqft
    Source: FLKMLS #613731 Report a problem
    2/16/2025Listed for sale$2,699,000+17.3%$1,506/sqft
    Source: Key West AOR #613731 Report a problem
    5/16/2022Sold$2,300,000+4.8%$1,283/sqft
    Source: FLKMLS #601024 Report a problem
    3/17/2022Price change$2,195,000+4.8%$1,225/sqft
    Source: FLKMLS #600141 Report a problem
    3/16/2022Listed for sale$2,095,000+153.6%$1,169/sqft
    Source: Key West AOR #600141 Report a problem
    2/11/2016Sold$826,000+18.8%$461/sqft
    Source: Public Record Report a problem
    8/7/2002Sold$695,000+510.7%$388/sqft
    Source: MLKAR #508874 Report a problem
    7/11/1997Sold$113,800$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,395 -8.9%$1,830,329 -8%
    2024$17,992 +14.3%$1,988,676 +10.1%
    2023$15,736 +106.9%$1,805,740 +104%
    2022$7,607 -3.4%$885,118 +3%
    2021$7,877 -3.9%$859,338 +1.7%
    2020$8,194 $844,693 +5.2%
    2019$8,194 +4.5%$803,289 +2.9%
    2018$7,842 +0%$780,408 -2.4%
    2017$7,839 -1.4%$799,677 +19.1%
    2016$7,954 +14.7%$671,673 +28.5%
    2015$6,937 $522,703

    Find assessor info on the county website

    Neighborhood: 33042

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,509,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,509,600