NOT LISTED FOR SALE

1082 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,569,000 - $1,741,000

3 Beds
2.5 Baths
2,662 Sq Ft
$619/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $1,700,000 $639 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,249/month

146 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Cathedral Ceiling
  • Boat Lift
  • Home fronts a canal
  • No HOA

About This Home

As of October 2024

Fabulous waterfront coastal home with excellent Ocean boat access. When you drive up to the home, you enter under a portico: perfect for all-weather access and a grand welcome. The beautiful interior is ready for all your needs, offering a perfect blend of elegance and comfort. The kitchen is light in color and bathed in natural light, creating an inviting space for culinary delights and social gatherings. The living area has a stunning centerpiece fireplace and impressive ceiling height. Breezy screen porch directly off the living and dining areas. The bedrooms are large, with the huge master suite that includes an office area, a full bathroom a large walk-in closet, and a balcony, providing a luxurious private retreat. Step outside to your waterfront paradise featuring dining areas a waterside tiki bar, for kicking back and enjoying the serene coastal ambiance and fun. Or spend your evenings by the fire pit, creating unforgettable memories. Enjoy the luxury of a swimming pool complete with a mesmerizing waterfall. Relish in the breathtaking water views from the rooftop deck, ideal for relaxation and entertainment. Situated on an oversized lot with a deep canal and immediate Ocean access, this property also features a 20,000 lb. boat lift for all your maritime adventures. Additional amenities include an outdoor shower, garage, fencing, pavers, and carports. Making this lovely home move-in ready and perfect for those seeking a sophisticated lifestyle by the water and have a passion for enjoying watersports.

Last Agent to Sell the Property

Sunnie San Lorenzo

KeyIsle Realty License #527054 Listed on: 05/22/2024

KeyIsle Realty

Last Buyer's Agent

Tommy Mack

Coastal Collection Real Estate License #3285624

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,574

Year Built

  • Built in 1997

Lot Details

  • 10,871 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Canal

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,662 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Dock made with Composite Material
  • Screened Balcony
  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Satellite Dish

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00191670-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,574

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Composite
  • Fee Includes: None
  • Handicap Access: No
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 7574.00
  • Title: Negotiable
  • Vehicle Storage: Garage, Covered Parking, Carport
  • Year Built: 1997
  • Alternate Key Number: 1253561
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 10871.00
  • Pool Info: In Ground
  • Porch Balcony: Screened P/B, Roof Top Deck, Patio
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2662.00
  • Pre Wired: Satellite
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Bar, Storage, Shed, Privacy Wall/Fence, Outdoor Shower, Lighting, Hot Tub, Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00191670-000000
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2025
Sold by
Dollie D Dorough Revocable Trust and George Kathy D
Bought by
George Kathy D
Current Estimated Value
$1,646,448

Purchase Details

Listed on
May 22, 2024
Closed on
Oct 18, 2024
Sold by
Westlund Roger and Westlund Kathryn
Bought by
Dollie D Dorough Revocable Trust and George
Seller's Agent
Sunnie San Lorenzo
KeyIsle Realty
Buyer's Agent
Tommy Mack
Coastal Collection Real Estate
List Price
$2,595,000
Sold Price
$1,700,000
Premium/Discount to List
-$895,000
-34.49%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.00%

Purchase Details

Closed on
Apr 6, 2018
Sold by
Davidson David L and Davidson Sharon H
Bought by
Westlund Roger and Westlund Kathryn

Purchase Details

Closed on
Apr 5, 2018
Sold by
Davidson David L and Davidson Sharon H
Bought by
Westlund Roger and Westlund Kathryn

Purchase Details

Closed on
Apr 9, 2016
Sold by
Oldham Robert K and Oldham Laura Slocumb
Bought by
Davidson David L and Davidson Sharon H

Purchase Details

Closed on
Apr 9, 2015
Bought by
Davidson David L and Davidson Sharon H

Purchase Details

Listed on
Apr 26, 2014
Closed on
Jun 27, 2014
Sold by
Oldham Robert K and Oldham Laura Slocumb
Bought by
Davidson David L and Davidson Sharon H
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Dyne Vaughn
Florida Keys Realty, Inc.
List Price
$1,099,950
Sold Price
$950,000
Premium/Discount to List
-$149,950
-13.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Jul 29, 2011
Sold by
Bjt Holdings Llc
Bought by
Oldham Robert K and Oldham Laura Slocumb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,160
Interest Rate
4.53%
Mortgage Type
VA

Purchase Details

Closed on
Jan 3, 2007
Sold by
Orr Randy W and Orr Margaret H
Bought by
Bjt Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,900
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
Stupak Theodore F and Law Theresa A
Bought by
Orr Randy W and Orr Margaret H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1989
Bought by
Davidson David L and Davidson Sharon H

Purchase Details

Closed on
Dec 1, 1980
Bought by
Davidson David L and Davidson Sharon H

Purchase Details

Closed on
Jun 1, 1979
Bought by
Davidson David L and Davidson Sharon H
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
George Kathy D -- None Listed On Document
George Kathy D -- None Listed On Document
Dollie D Dorough Revocable Trust $1,700,000 None Listed On Document
Westlund Roger $785,000 None Listed On Document
Westlund Roger $785,000 None Listed On Document
Davidson David L -- None Available
Davidson David L $100 --
Davidson David L $950,000 Attorney
Oldham Robert K $724,000 Executive Title Of Central F
Bjt Holdings Llc $1,347,000 Chicago Title Of Fl Keys Inc
Orr Randy W $1,100,000 Chicago Title Of The Florida
Davidson David L $93,000 --
Davidson David L $45,000 --
Davidson David L $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oldham Robert K $662,160
Previous Owner Bjt Holdings Llc $942,900
Previous Owner Orr Randy W $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $1,700,000 -29.2% $639 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $2,400,000 -7.5% $902 / Sq Ft
05/22/2024 05/22/24 For Sale $2,595,000 +173.2% $975 / Sq Ft
06/27/2014 06/27/14 Sold $950,000 -13.6% $357 / Sq Ft View Prior Sale
06/16/2014 06/16/14 Pending -- -- --
04/26/2014 04/26/14 For Sale $1,099,950 -- $413 / Sq Ft
Source: Marathon and Lower Keys 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 $7,575 $909,154 -- --
2023 $7,575 $882,674 $0 $0
2022 $7,368 $856,966 $0 $0
2021 $7,627 $832,006 $276,319 $555,687
2020 $7,695 $831,565 $262,426 $569,139
2019 $7,577 $815,687 $233,096 $582,591
2018 $8,859 $897,640 $308,736 $588,904
2017 $7,971 $801,490 $0 $0
2016 $7,532 $732,655 $0 $0
2015 $8,133 $764,845 $0 $0
2014 $6,470 $615,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 610106

APN: 00191670-000000