NOT LISTED FOR SALE

1123 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $904,119 - $1,291,000

3 Beds
2 Baths
1,120 Sq Ft
$936/Sq Ft Est. Value

Last Sold July 11, 2017

Last sale price $385,000 $344 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $5,988/month

199 Days on Market

Highlights

  • Dock made with concrete
  • No HOA
  • Tile Flooring
  • Home fronts a canal
  • Balcony
  • Sliding Doors

About This Home

As of July 2017

Fisherman's Escape- Don't miss out on this fabulous opportunity. 3/2 home located in Summerland Key Cove offers some of the best boating in the lower keys. 60 foot concrete dock is perfect for larger boats as well as smaller boats. Easy access to the ocean or back county. Home needs some TLC but has a lot of potential.

Last Agent to Sell the Property

Dyne Vaughn

Florida Keys Realty, Inc. License #487602 Listed on: 12/09/2016

Co-Listed By

Lisa Carter

Florida Keys Realty, Inc. License #BK3018706

Last Buyer's Agent

Donna Pezzi

Coldwell Banker Schmitt RE Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,748

Year Built

  • Built in 1984

Lot Details

  • 5,687 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • Sliding Doors
  • Tile Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Dock made with concrete
  • Balcony

Utilities

  • Central Air

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00191650-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,748

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • 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: Yes
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3747.83
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Year Built: 1984
  • Alternate Key Number: 1253545
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5687.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1120.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00191650-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2025
Sold by
Cook Donald F and Cook Lillian L
Bought by
Cook Family Revocable Trust and Cook
Current Estimated Value
$1,048,530

Purchase Details

Closed on
Apr 11, 2018
Sold by
James Goostree Jr
Bought by
Cook Donald F and Cook Lillian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,910
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2018
Sold by
James Goostree Jr and Hermann Janie
Bought by
Cook Donald F and Cook Lillian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,910
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2016
Closed on
Jul 11, 2017
Sold by
The Key Cove Real Estate Management Fami
Bought by
Hermann Janie and Goostree James
Seller's Agent
Dyne Vaughn
Florida Keys Realty, Inc.
Buyer's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
List Price
$577,000
Sold Price
$385,000
Premium/Discount to List
-$192,000
-33.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%

Purchase Details

Closed on
Jan 12, 2005
Sold by
Fell Mark A and Fell Dawn M
Bought by
The Key Cove Real Estate Mgmt Family Lp

Purchase Details

Closed on
Jul 31, 1998
Sold by
Pendleton David and Pendleton Connie A
Bought by
Fell Mark A and Fell Dawn M

Purchase Details

Closed on
Jan 26, 1998
Sold by
Qepi Pasho S and Reyburn Pamela S
Bought by
Pendleton David and Pendleton Connie A

Purchase Details

Closed on
Nov 18, 1996
Sold by
Batty Peter H and Batty Ellen D
Bought by
Qepi Pasho S and Reyburn Pamela S

Purchase Details

Closed on
May 1, 1982
Bought by
Key Cove Real Estate Management Flp

Purchase Details

Closed on
Apr 1, 1980
Bought by
Key Cove Real Estate Management Flp
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Cook Family Revocable Trust -- None Listed On Document
Cook Family Revocable Trust -- None Listed On Document
Cook Donald F $499,900 None Listed On Document
Cook Donald F $499,900 None Listed On Document
Hermann Janie $385,000 Attorney
The Key Cove Real Estate Mgmt Family Lp -- --
Fell Mark A -- --
Pendleton David $205,000 --
Qepi Pasho S $168,400 --
Batty Peter H $100 --
Key Cove Real Estate Management Flp $28,000 --
Key Cove Real Estate Management Flp $3,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Donald F $449,910
Previous Owner Cook Donald F $449,910
Previous Owner Batty Peter H $175,000
Previous Owner Batty Peter H $175,000
Previous Owner Batty Peter H $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2017 07/11/17 Sold $385,000 -33.3% $344 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
12/09/2016 12/09/16 For Sale $577,000 -- $515 / 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 $6,001 $783,017 $534,180 $248,837
2023 $6,001 $820,795 $580,131 $240,664
2022 $5,361 $694,506 $448,022 $246,484
2021 $4,702 $470,234 $257,038 $213,196
2020 $4,488 $442,691 $244,114 $198,577
2019 $4,272 $417,811 $216,831 $200,980
2018 $4,378 $417,586 $229,755 $187,831
2017 $3,938 $375,386 $0 $0
2016 $3,748 $344,688 $0 $0
2015 $3,939 $383,959 $0 $0
2014 $3,587 $301,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dyne Vaughn

    Florida Keys Realty, Inc.

  • L

    Seller Co-Listing Agent in 2017

    Lisa Carter

    Florida Keys Realty, Inc.

    (305) 745-3717

    14 Total Sales

    Lisa Carter
    Section Image

  • D

    Buyer's Agent in 2017

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573118

Florida Keys Board of REALTORS®

APN: 00191650-000000

Florida Monroe County Summerland Key 33042

1123 Caribbean Dr E, Summerland Key, FL

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