NOT LISTED FOR SALE

260 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,610,091

3 Beds
2 Baths
1,440 Sq Ft
$1,118/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2021

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

Est. 80% increase in value since last sale

Current estimated payment $9,616 / 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 Real Estate Co License #605677 Listed on: 03/06/2021

Coldwell Banker Schmitt Real Estate Co

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Mar 5, 2021
Sold by
Bought by
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
$1,610,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,091
Avg. Annual Appreciation
11.74%
Original Mortgage
$716,000
Outstanding Balance
$637,454
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$972,637

Purchase Details

Closed on
May 1, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1984
Bought by

Purchase Details

Closed on
Feb 1, 1974
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$895,000 Alachua Title
-- Attorney
$125,000 --
$3,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    583 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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