NOT LISTED FOR SALE

1062 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,204,000 - $1,697,000

3 Beds
2 Baths
2,237 Sq Ft
$612/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2018

Last sale price $525,000 $235 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $8,055 / mo

31 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • Screened Balcony
  • Boat Lift
  • No HOA
  • Complete Accordion Shutters

About This Home

As of February 2018

Prestigious Summerland Key Cove home offers great boating, cement seawall, boat lift and an open floor plan. Excellent outdoor area with plenty of room for a pool. Enjoy the laid back lifestyle relaxing on your screened in porch overlooking the flow through turquoise canal after a full day of Keys fun! Large permitted bonus area downstairs. Post Irma repairs include a new metal roof, new washer, dryer and refrigerator. Some exterior cosmetic work is in progress.

Last Agent to Sell the Property

Nira Tocco

Prestige Realty BPK Listed on: 01/01/2018

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Real Estate Co License #605677

Coldwell Banker Schmitt Real Estate Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 1977

Lot Details

  • 7,500 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Carport

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,237 Sq Ft Home
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Lift
  • Dock made with concrete
  • Screened Balcony

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Summerland Key Cove Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00191690-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,708

Year Built

Built in 1977

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3707.93
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking
  • Year Built: 1977
  • Alternate Key Number: 1253588
  • Cooling Heating: Central Air
  • Lot Sq Ft: 7500.00
  • Porch Balcony: Screened P/B
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2237.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00191690-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2023
Sold by
Bought by
Current Estimated Value
$1,368,585

Purchase Details

Listed on
Jan 1, 2018
Closed on
Feb 20, 2018
Sold by
Bought by
Seller's Agent
Nira Tocco
Prestige Realty BPK
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
List Price
$590,000
Sold Price
$525,000
Premium/Discount to List
-$65,000
-11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Bought by

Purchase Details

Closed on
Nov 6, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,750
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1984
Bought by

Purchase Details

Closed on
Mar 1, 1981
Bought by

Purchase Details

Closed on
Feb 1, 1980
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$525,000 Attorney
$655,000 Chicago Title Of The Florida
$940,000 True Title Agency Inc
-- True Title Agency Inc
$415,000 Chicago Title Of The Florida
$217,000 --
$131,500 --
$150,000 --
$135,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $540,000
Previous Owner $162,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/20/2018 02/20/18 Sold $525,000 -11.0% $235 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $590,000 -- $264 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,689 $960,089 $717,750 $242,339
2024 $6,478 $847,330 $606,825 $240,505
2023 $6,478 $896,921 $659,025 $237,896
2022 $5,763 $751,977 $508,950 $243,027
2021 $5,050 $508,458 $291,994 $216,464
2020 $4,887 $496,244 $277,313 $218,931
2019 $4,445 $436,525 $246,319 $190,206
2018 $4,832 $465,199 $261,000 $204,199
2017 $3,685 $390,191 $0 $0
2016 $3,708 $382,166 $0 $0
2015 $3,818 $379,509 $0 $0
2014 $3,939 $376,497 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nira Tocco

    Prestige Realty BPK

  • Lisa Ferringo

    Buyer's Agent in 2018

    Lisa Ferringo

    Coldwell Banker Schmitt Real Estate Co

    (305) 797-1221

    42 in this area

    587 Total Sales

    Lisa Ferringo
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578095

Florida Keys Board of REALTORS®

APN: 00191690-000000

Florida Monroe County Summerland Key 33042

1062 Caribbean Dr E, Summerland Key, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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