NOT LISTED FOR SALE

1081 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $701,000 - $1,236,000

2 Beds
2 Baths
1,084 Sq Ft
$914/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $963,000 $888 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,855/month

Highlights

  • Airstrip
  • RV or Boat Parking
  • Home fronts a canal
  • Boat Lift
  • RV Parking in Community
  • Granite Countertops

About This Home

As of November 2022

TUCKED AWAY in a quiet corner of Summerland Key Cove is your PIECE OF PARADISE. You'll love the 60' wide flow through canal and you can be snorkeling or diving the reef in minutes. Troll to deeper waters on the Atlantic for mahi mahi or cruise to the Gulf side and enjoy Marvin and Snipe Key. It's another world here in the Fabulous Florida Keys. Inside this 2 bedroom and 2 bath home, you'll find granite countertops, newer stainless appliances, and an open floor plan that spills out to a screened balcony. Downstairs you'll appreciate the covered area with room to pull in your cars or boat. A 10,000 lb boat lift sits on a 60' concrete seawall. Crank up the grill!

Last Agent to Sell the Property

Donna Pezzi

Coldwell Banker Schmitt RE Co. Listed on: 08/28/2022

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

  • $5,288

Year Built

  • Built in 1988

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,084 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Outdoor Shower
  • Airstrip
  • Boat Lift
  • Screened Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • Association fees include common area mnt
  • Summerland Key Cove Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00191720-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,288

Year Built

Built in 1988

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 25.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Fee Includes: Common Area Mnt
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Fire Hydrant
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5287.70
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, RV Parking Open, Open Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1988
  • Alternate Key Number: 1253618
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Patio, Screened P/B
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1084.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction
  • Exterior Features: Outdoor Shower, Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00191720-000000
  • Lot Size: 60' x 100'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2022
Closed on
Nov 18, 2022
Sold by
Brueckman Revocable Living Trust
Bought by
Catoe Brandon and Catoe Michelle
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
List Price
$999,999
Sold Price
$963,000
Premium/Discount to List
-$36,999
-3.7%
Views
1
Current Estimated Value
$990,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,775
Avg. Annual Appreciation
0.97%
Original Mortgage
$647,200
Outstanding Balance
$627,131
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$363,644

Purchase Details

Closed on
Jul 16, 2021
Sold by
Brueckman Brian D and Brueckman Jennifer Lynne
Bought by
Brueckman Brian Douglas and Brueckman Jennifer Lynne

Purchase Details

Listed on
Sep 30, 2015
Closed on
May 2, 2016
Sold by
Salemi Dominick C and Salemi Linda M
Bought by
Brueckman Brian D
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Patty Brueckman
Action Keys Realty of the Lower FL Keys LLC
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$300,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2012
Closed on
Mar 29, 2012
Sold by
Maccharoli Victor J
Bought by
Salemi Dominick C
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.47%
Original Mortgage
$244,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1997
Sold by
Tucker David A and Tucker Mary K
Bought by
Maccharoli Victor J

Purchase Details

Closed on
Sep 28, 1994
Sold by
Tucker Mary
Bought by
Tucker David A and Tucker Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.56%

Purchase Details

Closed on
Oct 1, 1985
Bought by
Brueckman Brian D

Purchase Details

Closed on
Jan 1, 1980
Bought by
Brueckman Brian D
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Catoe Brandon $963,000 --
Brueckman Brian Douglas -- Accommodation
Brueckman Brian D $550,000 None Available
Salemi Dominick C $305,000 True Title Agency Inc
Maccharoli Victor J $215,000 --
Tucker David A -- --
Brueckman Brian D $25,000 --
Brueckman Brian D $3,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catoe Brandon $647,200
Previous Owner Brueckman Brian D $300,000
Previous Owner Salemi Dominick C $244,000
Previous Owner Tucker David A $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2022 11/18/22 Sold $963,000 -3.7% $888 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/28/2022 08/28/22 For Sale $999,999 +81.8% $923 / Sq Ft
05/03/2016 05/03/16 Sold $550,000 -12.0% $507 / Sq Ft View Prior Sale
03/10/2016 03/10/16 Pending -- -- --
09/30/2015 09/30/15 For Sale $625,000 +104.9% $577 / Sq Ft
03/29/2012 03/29/12 Sold $305,000 -12.6% $281 / Sq Ft View Prior Sale
02/08/2012 02/08/12 Pending -- -- --
02/05/2012 02/05/12 For Sale $349,000 -- $322 / Sq Ft
Source: Florida Keys Board 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 $8,005 $816,337 $558,000 $258,337
2023 $8,005 $856,338 $606,000 $250,338
2022 $5,950 $727,771 $468,000 $259,771
2021 $5,288 $501,301 $268,500 $232,801
2020 $4,930 $457,788 $255,000 $202,788
2019 $4,681 $429,407 $226,500 $202,907
2018 $4,945 $445,345 $240,000 $205,345
2017 $4,902 $445,255 $0 $0
2016 $689 $403,422 $0 $0
2015 $707 $441,908 $0 $0
2014 $4,422 $356,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

  • P

    Buyer's Agent in 2016

    Patty Brueckman

    Action Keys Realty of the Lower FL Keys LLC

    (305) 363-5533

    Patty Brueckman
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602351

Florida Keys Board of REALTORS®

APN: 00191720-000000

Florida Monroe County Summerland Key 33042

1081 Caribbean Dr E, Summerland Key, FL

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