$2,500,000
SOLD JUL 15, 2025

943 Flagship Dr Summerland Key, FL 33042

3 Beds
2 Baths
1,792 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$1,395 Per Sq Ft

7% Below List Price

121 Days on Market

About This Home

As of July 2025

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

Last Agent to Sell the Property

Lisa Swanson

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3226537 Listed on: 02/16/2025

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Donna Pezzi

Keller Williams Key West Compass Realty License #3226338

Keller Williams Key West Compass Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,736

Year Built

2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.50
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 17992.06
  • Vehicle Storage: Garage, Guest Parking, Open Parking, Carport
  • Year Built: 2001
  • Alternate Key Number: 1260878
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 10080.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1792.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Built-in Cabinets, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Workshop, Utility Room
  • Windows/Doors: Other Windows/Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift, Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Storage, Gazebo
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00198931-003500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2025
Closed on
Jul 15, 2025
Sold by
Blunt Daniel W and Daniel W Blunt Trust
Bought by
Hewitt Richard and Hewitt Kristi Lynne
Seller's Agent
Lisa Swanson
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Donna Pezzi
Keller Williams Key West Compass Realty
List Price
$2,699,000
Sold Price
$2,500,000
Premium/Discount to List
-$199,000
-7.37%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-51.93%
Original Mortgage
$2,000,000
Outstanding Balance
$2,000,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$427,815

Purchase Details

Listed on
May 16, 2022
Closed on
May 16, 2022
Sold by
Eduardo Gomez Revocable Trust
Bought by
Daiel W Blunt Sr Trust and Daniel W Blunt Jr Trust
Seller's Agent
Lisa Swanson
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Lisa Swanson
Coldwell Banker Schmitt Real Estate Co.
List Price
$2,300,000
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
Mar 15, 2021
Sold by
Gomez Eduardo
Bought by
Gomez Eduardo and Eduardo Gomez Revocable Trust

Purchase Details

Closed on
Jul 24, 2020
Sold by
Eduardo Gomez
Bought by
Gomez Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Oct 27, 2015
Closed on
Feb 1, 2016
Sold by
Rydbeck Nils and Rydbeck Marianne
Bought by
Gomez Eduardo and Gomez Zaily
Seller's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$895,000
Sold Price
$826,000
Premium/Discount to List
-$69,000
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
Aug 7, 2002
Bought by
Gomez Eduardo and Gomez Zaily

Purchase Details

Closed on
May 18, 2000
Sold by
Richards William F and Richards Virginia C
Bought by
Bell Douglas and Bell Lynn C

Purchase Details

Closed on
Jul 11, 1997
Sold by
Small Martin J
Bought by
Richards William F and Richards Virginia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.98%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,500,000 None Listed On Document
Warranty Deed $2,300,000 Smith Hawks Pl
Interfamily Deed Transfer -- Attorney
Warranty Deed -- Sidweber & Weintraub Pa
Warranty Deed $826,000 Attorney
Warranty Deed $695,000 --
Warranty Deed $119,000 --
Warranty Deed $113,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $200,000 Stand Alone Second
Previous Owner $275,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $93,750 No Value Available
Closed $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Sold $2,500,000 -3.8% $1,395 / Sq Ft
05/29/2025 05/29/25 Price Changed $2,599,000 -3.7% $1,450 / Sq Ft
02/16/2025 02/16/25 For Sale $2,699,000 +17.3% $1,506 / Sq Ft
05/16/2022 05/16/22 Sold $2,300,000 0.0% $1,283 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $2,300,000 +178.5% $1,283 / Sq Ft
02/01/2016 02/01/16 Sold $826,000 -7.7% $459 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $895,000 -- $497 / Sq Ft
Source: Key West Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,736 $2,227,607 $1,422,490 $805,117
2023 $15,736 $1,805,740 $1,026,225 $779,515
2022 $7,607 $885,118 $0 $0
2021 $7,877 $859,338 $397,958 $461,380
2020 $8,194 $844,693 $381,024 $463,669
2019 $7,842 $803,289 $351,389 $451,900
2018 $7,839 $780,408 $334,454 $445,954
2017 $7,954 $799,677 $0 $0
2016 $6,937 $671,673 $0 $0
2015 $5,270 $522,703 $0 $0
2014 $5,446 $518,555 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 613731

Key West Association of REALTORS®

APN: 00198931-003500