NOT LISTED FOR SALE

249 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,321,975 - $1,401,000

3 Beds
2 Baths
1,488 Sq Ft
$909/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $1,005,000 $675 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,912/month

5 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Screened Balcony
  • Home fronts a canal
  • Workshop
  • 1-minute walk to Loop Road

About This Home

As of July 2021

Welcome to where it is Summer Forever! This stunning 3 bedroom 2 bath home in prestigious Summerland Key Cove comes with world class fishing and diving just steps from your back door. This meticulously maintained CBS Tom Ryan built home has a complete privacy wall around the perimeter, custom electric gate & tropical Landscaping. Nice open living area with huge pocket sliders that lead out to the screen porch with tons of outdoor living space. Split floor plan with 2 guest bedrooms on the main floor and the Master Bedroom on the 2nd floor with amazing ocean views from your private Master Suite. The downstairs has tons of storage space and workshop. There is 60 feet of protected concrete seawall on one of the best flow through blue/ green canals in the entire Fl Keys. The current owners

Last Agent to Sell the Property

Maclaren Maclaren

Lower Keys Realty, Co. Listed on: 05/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,852

Year Built

  • Built in 1996

Lot Details

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

Property Views

  • Ocean
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Workshop
  • Storage
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Screened Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

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 00193550-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,852

Year Built

Built in 1996

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 Seawall: Concrete
  • Fee Includes: None
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3851.66
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Open Parking, Guest Parking, Covered Parking
  • Year Built: 1996
  • Alternate Key Number: 1255432
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony, Screened P/B, Patio
  • Shutters: Bahama
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1488.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Workshop
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00193550-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 1, 2021
Sold by
Phillips Joseph E and Phillips Paula S
Bought by
Davis Robert T and Davis Donna N
Seller's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
Buyer's Agent
Creative Technology
List Price
$995,000
Sold Price
$1,005,000
Premium/Discount to List
$10,000
1.01%
Current Estimated Value
$1,352,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,994
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Sep 11, 1997
Sold by
Ellis Charles and Ellis Dolores C
Bought by
Phillips Joseph E and Phillips Paula S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 1994
Sold by
Brady Karen E
Bought by
Ellis Dolores C and Ellis Charles

Purchase Details

Closed on
Dec 1, 1994
Bought by
Phillips Joseph E and Phillips Paula S

Purchase Details

Closed on
Nov 1, 1988
Bought by
Phillips Joseph E and Phillips Paula S

Purchase Details

Closed on
Dec 1, 1986
Bought by
Phillips Joseph E and Phillips Paula S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Davis Robert T $1,005,000 Attorney
Phillips Joseph E $330,000 --
Ellis Dolores C $43,000 --
Phillips Joseph E $43,000 --
Phillips Joseph E $45,000 --
Phillips Joseph E $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Joseph E $241,000
Previous Owner Phillips Joseph E $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $1,005,000 +1.0% $675 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $995,000 -- $669 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $8,774 $1,052,212 -- --
2024 $9,114 $1,022,558 $558,000 $464,558
2023 $9,114 $1,050,346 $606,000 $444,346
2022 $8,230 $917,215 $468,000 $449,215
2021 $3,876 $448,708 $0 $0
2020 $3,852 $442,513 $0 $0
2019 $3,769 $432,565 $0 $0
2018 $3,779 $424,500 $0 $0
2017 $3,665 $415,769 $0 $0
2016 $3,689 $407,218 $0 $0
2015 $3,789 $404,387 $0 $0
2014 $3,902 $401,178 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Maclaren Maclaren

    Lower Keys Realty, Co.

  • o

    Buyer's Agent in 2021

    outside of mls

    Outside Of MLS

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596241

Florida Keys Board of REALTORS®

APN: 00193550-000000

Florida Monroe County Summerland Key 33042

249 Caribbean Dr E, Summerland Key, FL

Not Listed for Sale

Detached

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