
943 Flagship Dr Summerland Key, FL 33042
About This Home
As of July 2025Spectacular 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
Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3226537 Listed on: 02/16/2025

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
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
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 | -- |
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 |
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 |
Tax History Compared to Growth
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 |
Agents Affiliated with this Home
-
L
Seller's Agent in 2025
Lisa Swanson
Berkshire Hathaway HomeServices Knight & Gardner Realty
-
D
Buyer's Agent in 2025
Donna Pezzi
Keller Williams Key West Compass Realty
-
J
Seller's Agent in 2016
Jennifer Newman
Doug Mayberry Real Estate (KW)
-
B
Seller Co-Listing Agent in 2016
Bobby Ciulla
Doug Mayberry Real Estate (KW)
Map
Source: Key West Association of REALTORS®
MLS Number: 613731

APN: 00198931-003500
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