NOT LISTED FOR SALE

259 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,263,000 - $1,407,000

3 Beds
2 Baths
1,390 Sq Ft
$963/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $1,010,100 $727 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,899/month

10 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • Screened Balcony
  • Heated In Ground Pool
  • No HOA
  • 1-minute walk to Loop Road

About This Home

As of June 2021

Located in the highly desirable neighborhood of Summerland Key Cove, this 3bd/2ba CBS home offers the best of Keys living! Relax poolside under the shade of the tropical palms or enjoy a dip in the crystal clear canal. Concrete dock with deep draft and wide canal for easy boating. This concrete home features impact windows/doors, metal roof, two car garage, fenced back yard and heated in ground pool. Come preview this Florida Keys retreat.

Last Agent to Sell the Property

Tommy & Kathleen Gomez

2150 Listed on: 05/07/2021

Last Buyer's Agent

Cristine Rudy

Action Keys Realty of the Lower FL Keys LLC License #3093752

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,974

Year Built

  • Built in 1996 | Remodeled

Lot Details

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

Home Design

  • Metal Roof

Interior Spaces

  • 1,390 Sq Ft Home
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Shower

Outdoor Features

  • Dock made with concrete
  • Screened Balcony

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 00193540-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,974

Year Built

Built in 1996 | Remodeled

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
  • Control Depth: 4
  • Dockage Dock: 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: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3974.11
  • Vehicle Storage: Garage, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1996
  • Alternate Key Number: 1255424
  • Cooling Heating: Central Air
  • Lot Sq Ft: 6000.00
  • Pool Info: Fiberglass, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1390.00
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Washer, Refrigerator, Range, Microwave, Dryer
  • Floor: Laminate, Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00193540-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 25, 2021
Sold by
Springer Paul L and Springer Michelle D
Bought by
Midland Trust Company and William R Sawyer 0058176
Seller's Agent
Tommy & Kathleen Gomez
2150
Buyer's Agent
Cristine Rudy
Action Keys Realty of the Lower FL Keys LLC
List Price
$975,000
Sold Price
$1,010,100
Premium/Discount to List
$35,100
3.6%
Current Estimated Value
$1,338,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,993
Avg. Annual Appreciation
7.08%
Original Mortgage
$100,000
Outstanding Balance
$94,235
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,255,057

Purchase Details

Closed on
Sep 14, 1993
Sold by
Hackett William P
Bought by
Embry Charles P and Embry Linda

Purchase Details

Closed on
Sep 1, 1993
Bought by
Springer Paul L and Springer Michelle D

Purchase Details

Closed on
Dec 1, 1986
Bought by
Springer Paul L and Springer Michelle D

Purchase Details

Closed on
Jun 1, 1978
Bought by
Springer Paul L and Springer Michelle D
Source: Public Records

Range of Values:

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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
Midland Trust Company $1,010,100 True Title Florida Keys Inc
Embry Charles P $35,000 --
Springer Paul L $35,000 --
Springer Paul L $25,000 --
Springer Paul L $3,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midland Trust Company $100,000
Previous Owner Springer Paul L $417,000
Previous Owner Springer Paul L $250,000
Previous Owner Springer Paul L $276,480
Previous Owner Springer Paul L $50,000
Previous Owner Embry Charles P $247,000
Previous Owner Embry Charles P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $1,010,100 +3.6% $727 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $975,000 -- $701 / 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 $9,238 $1,020,004 $558,000 $462,004
2023 $9,238 $1,035,794 $606,000 $429,794
2022 $8,343 $894,950 $468,000 $426,950
2021 $3,995 $400,584 $0 $0
2020 $3,974 $395,054 $0 $0
2019 $3,902 $386,173 $0 $0
2018 $3,919 $378,973 $0 $0
2017 $3,812 $371,179 $0 $0
2016 $3,834 $363,545 $0 $0
2015 $3,938 $361,018 $0 $0
2014 $4,053 $358,153 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tommy & Kathleen Gomez

    2150

  • C

    Buyer's Agent in 2021

    Cristine Rudy

    Action Keys Realty of the Lower FL Keys LLC

    (305) 923-2163

    15 Total Sales

    Cristine Rudy
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595962

Florida Keys Board of REALTORS®

APN: 00193540-000000

Florida Monroe County Summerland Key 33042

259 Caribbean Dr E, Summerland Key, FL

This home is located at 259 Caribbean Dr E, Summerland Key, FL 33042 since 07 May 2021 and is currently estimated at $1,338,093, approximately $962 per square foot. This property was built in 1996. 259 Caribbean Dr E is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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