NOT LISTED FOR SALE

260 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $968,000 - $1,491,000

3 Beds
2 Baths
1,440 Sq Ft
$908/Sq Ft Est. Value

Last Sold March 06, 2021

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

Est. 46% increase in value since last sale

Current estimated payment $7,835/month

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 RE Co. License #605677 Listed on: 03/06/2021

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

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

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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
  • Neighborhood Feature: Airstrip
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7932.54
  • Vehicle Storage: Carport, Open Parking, Guest Parking, Garage
  • Year Built: 1971
  • Alternate Key Number: 1254924
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • 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, Split Bedroom, Dade County Pine
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Dryer
  • Floor: Terrazzo, Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • 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: Buyer to Verify, FKAA, 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 RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$899,000
Sold Price
$895,000
Premium/Discount to List
-$4,000
-0.44%
Current Estimated Value
$1,307,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,311
Avg. Annual Appreciation
9.26%
Original Mortgage
$716,000
Outstanding Balance
$644,753
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$692,922

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

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
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 Change Sq Ft Price
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: 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 $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

  • L

    Seller's Agent in 2021

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595003

Florida Keys Board of REALTORS®

APN: 00193040-000000

Florida Monroe County Summerland Key 33042

260 Caribbean Dr E, Summerland Key, FL

This home is located at 260 Caribbean Dr E, Summerland Key, FL 33042 since 06 March 2021 and is currently estimated at $1,307,311, approximately $907 per square foot. This property was built in 1971. 260 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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