NOT LISTED FOR SALE

1183 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $2,461,000 - $3,095,000

3 Beds
3.5 Baths
3,119 Sq Ft
$898/Sq Ft Est. Value

Last Sold November 26, 2021

Last sale price $2,400,000 $769 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $16,384/month

95 Days on Market

Highlights

  • Airstrip
  • Dock made with concrete
  • Heated In Ground Pool
  • Ocean View
  • Boat Lift
  • Home fronts a canal

About This Home

As of November 2021

Imagine owning this rare and unique gated family compound with 320 +/- linear feet of dockage right on the point. Two boat lifts, huge resort style heated pool, lushly landscaped. Spectacular canal/ocean views!!! You can be out diving and fishing in minutes right from your back yard !!!! This Three story impeccably remodeled home, has 3 bed, 3.5 bath, 2 car garage, over 3,000 sq ft of living area. No expenses was spared, Sub Zero and Viking stainless appliances, wine cooler. Washer and dryer on ground floor and washer and dryer on top floor in master suite. There is an elevator that goes from the ground floor to the top level master suite, as well as a concrete stairway. Hurricane impact doors and windows, whole home generator, brand new metal roof in 2020.

Last Agent to Sell the Property

Shane Wilson

Cypress Realty, Inc. License #585039 Listed on: 06/26/2021

Co-Listed By

Derek Rodberg

Coastal Realty of the Florida Keys License #3344667

Last Buyer's Agent

Shane Wilson

Real Living Cypress Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,292

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned SR - Sub Urban Residential District

Property Views

  • Ocean
  • Canal

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,119 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar
  • Blinds
  • Storage
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00191600-000000

Community Details

Overview

  • No Home Owners Association
  • Summerland Key Cove Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,292

Year Built

Built in 1985 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 330
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 12292.35
  • Title: Title Ins - Buyer
  • Vehicle Storage: Attached, Garage, Auto Door Opener
  • Year Built: 1985
  • Alternate Key Number: 1253499
  • Cooling Heating: Central Air
  • Lot Sq Ft: 12244.00
  • Pool Info: Decked, In Ground, Fiberglass
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3119.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Pantry, Window Treatments, Whirlpool Bath Tub, Wet Bar, Walk-in Closet(s), Storage, Split Bedroom, Granite Counter Top, Drapes/Blinds Incl, Elevator, Built-in Cabinets
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Wine Cooler, Range, Stainless Steel Appliance(s), Microwave, Dryer, Disposal
  • Floor: Marble, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Hardi Board Siding, Frame, Concrete
  • Exterior Features: Bar, Storage, Outdoor Shower, Privacy Wall/Fence, Fencing, Lighting, Chickee Hut
  • Roof: Metal Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00191600-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Hornak Sandra and Hornak Mark
Bought by
Mark A Hornak Trust and Hornak
Current Estimated Value
$2,799,451

Purchase Details

Listed on
Jun 26, 2021
Closed on
Nov 11, 2021
Sold by
1183 Caribbean Drive Llc
Bought by
Hornak Mark and Hornak Sandy
Seller's Agent
Shane Wilson
Cypress Realty, Inc.
Buyer's Agent
Shane Wilson
Real Living Cypress Realty, Inc.
List Price
$2,895,000
Sold Price
$2,400,000
Premium/Discount to List
-$495,000
-17.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$1,600,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2020
Closed on
Mar 13, 2020
Sold by
Higginbotham and Jessica
Bought by
1183 Caribbean Drive Llc
Seller's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Creative Technology
List Price
$1,648,000
Sold Price
$1,600,000
Premium/Discount to List
-$48,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.76%

Purchase Details

Listed on
Jan 1, 2020
Closed on
Mar 12, 2020
Sold by
Higginbotham and Jessica
Bought by
1183 Caribbean Drive Llc
Seller's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Creative Technology
List Price
$1,648,000
Sold Price
$1,600,000
Premium/Discount to List
-$48,000
-2.91%

Purchase Details

Listed on
May 14, 2018
Closed on
Oct 25, 2018
Sold by
Todd Keller Living Trust
Bought by
Higginbotham Robert and Higginbotham Jessica
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,795,000
Sold Price
$1,690,000
Premium/Discount to List
-$105,000
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.89%

Purchase Details

Listed on
May 14, 2018
Closed on
Sep 25, 2018
Sold by
Keller Todd S and Keller Margaret I
Bought by
Todd Keller Living Trust
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,795,000
Sold Price
$1,690,000
Premium/Discount to List
-$105,000
-5.85%

Purchase Details

Closed on
Nov 28, 2017
Sold by
Keller Todd S and Keller Margaret I
Bought by
Keller Todd and Keller Margaret S

Purchase Details

Closed on
Apr 24, 2013
Sold by
Oldham Robert K and Oldham Laura Slocumb
Bought by
Keller Todd S and Keller Margaret I

Purchase Details

Closed on
Feb 9, 2012
Sold by
Battaglia Joseph R and Battaglia Michelle
Bought by
Keller Todd S and Keller Margaret I

Purchase Details

Closed on
Aug 15, 2003
Sold by
Joyce William
Bought by
Battaglia Joseph R and Battaglia Michelle

Purchase Details

Closed on
Dec 29, 2000
Sold by
Pr June Denne
Bought by
Joyce William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,400
Interest Rate
7.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2000
Sold by
Pr June Denne and Estate Of Evelyn H Joyce
Bought by
Joyce William

Purchase Details

Closed on
Feb 22, 2000
Sold by
Reif Udo and Reif Diand C
Bought by
Manocchio Victor and Manocchio Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.17%

Purchase Details

Closed on
Oct 1, 1979
Bought by
Keller Todd S and Keller Margaret I
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
Mark A Hornak Trust -- None Listed On Document
Hornak Mark $2,400,000 Coral Reef Title Company
1183 Caribbean Drive Llc $1,600,000 None Listed On Document
1183 Caribbean Drive Llc $1,600,000 None Listed On Document
Higginbotham Robert $1,690,000 None Listed On Document
Todd Keller Living Trust $100 None Listed On Document
Keller Todd -- Attorney
Todd Keller Living Trust $100 None Listed On Document
Keller Todd S -- Fidelity Natl Title Group
Keller Todd S $845,700 True Title Agency Inc
Battaglia Joseph R $925,000 True Title Agency Inc
Joyce William -- --
Joyce William E -- --
Joyce William -- --
Manocchio Victor $310,000 --
Keller Todd S $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hornak Mark $1,600,000
Previous Owner Manocchio Victor $358,400
Previous Owner Manocchio Victor $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2021 11/26/21 Sold $2,400,000 -17.1% $769 / Sq Ft
06/26/2021 06/26/21 For Sale $2,895,000 +80.9% $928 / Sq Ft
03/12/2020 03/12/20 Sold $1,600,000 -2.9% $530 / Sq Ft View Prior Sale
01/01/2020 01/01/20 For Sale $1,648,000 -2.5% $546 / Sq Ft
10/25/2018 10/25/18 Sold $1,690,000 -5.8% $542 / Sq Ft View Prior Sale
10/10/2018 10/10/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $1,795,000 -- $576 / 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 $19,890 $2,263,089 $697,296 $1,565,793
2023 $19,890 $2,260,922 $742,415 $1,518,507
2022 $18,570 $2,100,048 $576,294 $1,523,754
2021 $12,429 $1,284,299 $533,226 $751,073
2020 $12,292 $1,256,516 $507,590 $748,926
2019 $13,784 $1,412,225 $581,422 $830,803
2018 $8,938 $863,879 $332,539 $531,340
2017 $9,066 $889,784 $0 $0
2016 $8,516 $802,555 $0 $0
2015 $8,888 $844,274 $0 $0
2014 $8,303 $718,917 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596662

Florida Keys Board of REALTORS®

APN: 00191600-000000