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1342 Ocean Drive, Summerland Key, FL 33042

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For Sale

$1,099,000

2 beds • 2 baths • 992 sqft

Estimated Payment

$ 6,219 /mo. †

6.63% APR for 30 yrs.
$7,034 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $1,107.86
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Renovated Waterfront Gem! Welcome to your dream coastal retreat! This beautifully updated 2-bedroom, 2-bath home offers a 60-ft concrete dock along a 60-ft wide canal, providing the perfect setup for all your boating and water adventures. The property includes covered parking and a garage, ensuring convenience and plenty of storage for your vehicles and gear.Step inside to a bright and inviting space featuring brand-new impact windows and doors, a modern kitchen with quartz countertops, stainless steel appliances, and a stylish island--perfect for entertaining. Relax in the comfort of a durable metal roof and a new HVAC system for year-round peace of mind.Step outside to your screened patio, a tranquil spot to unwind while soaking in views of the canal and open water. Whether you're enjoying your morning coffee or an evening breeze, this serene space connects you with the beauty of waterfront living.Nestled in a boater's paradise, you're just minutes from incredible destinations like Little Palm Island, Looe Key, and Marvin Key. Dive into snorkeling, fishing, or island exploration, then treat yourself to the nearby fantastic restaurants for unforgettable dining experiences.This is more than a home; it's your ticket to paradise. Don't let this one slip away!
MLS# 613254

Courtesy Of Coldwell Banker Schmitt Lower Keys (KW)

(305) 872-3050

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Ceiling Fan, Water Front
  • Appliances
    Dishwasher, Dryer, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Floor Covering
    Laminate
  • Lot Size
    0.11 Acres
  • Roof Type
    Metal
  • View Type
    Water

Map and Directions

Directions to 1342 Ocean Drive, Summerland Key, FL 33042

Home seller CENTURY 21 Circle

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CENTURY 21 Circle

(305) 292-2921
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $5,633
  • Property Taxes
    $586
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $6,219

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Sugarloaf School

Grades PK-8 Public School

Summerland Key, FL 33042 5.5 miles
255 crane blvd

571 total students
15:1 Student teacher ratio

School Rating: B-

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Summerland Key, FL 33042

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Summerland Key, FL 33042

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are above the national average.

89° August
Hottest Average Month
64° January
Coldest Average Month
2,710 Total Households in Area
-2.7% Increase in population since the year 2010
21.2%
of households
have children
26 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Summerland Key, FL 33042

Summerland Key, FL 33042 has a population of 5,661 people in 2,710 households with a median age of 49.5 years old.

-2.7%
Decrease in population
since the year 2010
Population is Trending down
2,625
Total households as of 2010
4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 49.5 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 84%
Hispanic 12%
Other 3%
Black 2%
Asian 1%
Native American <1%
The most prevalent ethnicity is White at 84%, followed by Hispanic at 12%, Other at 3%, and Black at 2%.

Economics
for Summerland Key, FL 33042

45 /sq mi
Population Density
$96,727 /yr
Median Household Income
$800,000
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 15.94% of the households.

Transportation to Work

  • Drive 80%
  • Work from Home 17%
  • Walk or Bike 4%
  • Public Transit 0%

Occupancy by Type

Owned 2,200 55%
Vacant 1,265 32%
Rented 510 13%

White vs Blue Collar Jobs







White Collar 76%
Blue Collar 24%

Family & Education Facts
for Summerland Key, FL 33042

49.5 Median Age

Average Household Size

2.1
persons per
household

58.1%

Married Households

Community Population By Education

Bachelors Degree 25%
High School Graduate 24%
Some College 23%
Graduate Degree 16%
Associates Degree 9%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 24.74% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
21.2% of households have children

Weather
for Summerland Key, FL 33042

The weather for this area ranges from a high of 89° F in August to a low of 64° F in January

89° August
Hottest Average Month
64° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
64°
75°
Feb
66°
76°
Mar
68°
79°
Apr
72°
82°
May
75°
85°
Jun
78°
88°
Jul
79°
89°
Aug
79°
89°
Sep
78°
88°
Oct
75°
84°
Nov
71°
80°
Dec
66°
76°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Summerland Key, FL 33042!
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Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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