NOT LISTED FOR SALE

260 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,379,000 - $1,756,000

3 Beds
2 Baths
1,440 Sq Ft
$1,076/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2021

Last sale price $895,000 $622 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,181 / mo

Highlights

  • Airstrip
  • Dock made with concrete
  • Cathedral Ceiling
  • Ocean Front
  • Deck
  • 1-minute walk to Loop Road

About This Home

As of March 2021

For Statistical purposes.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Real Estate Co License #605677 Listed on: 03/06/2021

Coldwell Banker Schmitt Real Estate Co

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,933

Year Built

  • Built in 1971

Lot Details

  • 6,000 Sq Ft Lot
  • Ocean Front
  • Property is zoned IS - Improved Subivision District

Home Design

  • Fixer Upper
  • Metal Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Ocean Views
  • Impact Glass

Kitchen

  • Range
  • Dishwasher

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Guest Parking
  • Open Parking

Outdoor Features

  • Outdoor Shower
  • Airstrip
  • Dock made with concrete
  • Deck

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • 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 00193040-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,933

Year Built

Built in 1971

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • 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
  • Neighborhood Feature: Airstrip
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7932.54
  • Vehicle Storage: Garage, Guest Parking, Open Parking, Carport
  • Year Built: 1971
  • Alternate Key Number: 1254924
  • Cooling Heating: Central Air, Ductless, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Deck
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1440.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Dade County Pine, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Terrazzo
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,AE
  • Parcel Number: 00193040-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Mar 5, 2021
Sold by
Stuever Phillip G and Stuever William C
Bought by
Brown Holdings Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
List Price
$899,000
Sold Price
$895,000
Premium/Discount to List
-$4,000
-0.44%
Current Estimated Value
$1,548,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,823
Avg. Annual Appreciation
11.31%
Original Mortgage
$716,000
Outstanding Balance
$637,454
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$911,369

Purchase Details

Closed on
May 1, 2017
Sold by
Stuever Philip G
Bought by
Stuever Phillip G and Stuever William C

Purchase Details

Closed on
Aug 1, 1984
Bought by
Stuever Phillip G

Purchase Details

Closed on
Feb 1, 1974
Bought by
Stuever Phillip G
Source: Public Records
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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
Brown Holdings Llc $895,000 Alachua Title
Stuever Phillip G -- Attorney
Stuever Phillip G $125,000 --
Stuever Phillip G $3,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Holdings Llc $716,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2021 03/06/21 Sold $895,000 -0.4% $622 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $899,000 -- $624 / Sq Ft
Source: Marathon and Lower Keys Association 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 $11,635 $1,595,546 $1,291,500 $304,046
2024 $11,177 $1,530,926 $1,230,000 $300,926
2023 $11,177 $1,596,911 $1,303,500 $293,411
2022 $8,617 $962,835 $702,000 $260,835
2021 $6,748 $735,582 $0 $0
2020 $6,717 $725,427 $523,500 $201,927
2019 $7,933 $854,077 $649,500 $204,577
2018 $8,206 $888,588 $684,000 $204,588
2017 $2,106 $251,026 $0 $0
2016 $2,116 $245,863 $0 $0
2015 $2,455 $244,154 $0 $0
2014 $2,526 $242,216 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Ferringo

    Seller's Agent in 2021

    Lisa Ferringo

    Coldwell Banker Schmitt Real Estate Co

    (305) 797-1221

    38 in this area

    574 Total Sales

    Lisa Ferringo
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 595003

APN: 00193040-000000

Florida Monroe County Summerland Key 33042

260 Caribbean Dr E, Summerland Key, FL

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