NOT LISTED FOR SALE

381 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,197,371 - $1,501,000

3 Beds
3 Baths
1,548 Sq Ft
$854/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $1,250,000 $807 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,520/month

5 Days on Market

About This Home

As of August 2024

Escape to this stunning coastal retreat, nestled in the highly sought after Summerland Key Cove. This updated 3-bedroom, 2.5-bathroom home boasts an open floor plan, featuring a sleek kitchen with modern appliances, quartz countertops, and a spacious sitting area. Two of the bedrooms have their bathrooms en suite. Enjoy the serene ambiance and natural light pouring in through hurricane rated windows and doors. With its unique blend of functionality and style, this home is perfect for relaxing and entertaining. This boaters paradise offers deep water canal systems, a concrete sea wall, and easy access to the Atlantic Ocean and Gulf of Mexico. Additional amenities include a two car garage, tranquil courtyard, and an expansive storage area/bonus room. This home offers the ultimate Keys lifestyle experience! Great restaurants and bars with live music nearby. Don't miss out on this one, call today to schedule your own private tour.

Last Agent to Sell the Property

Justyn Ewald

Expert Realty LLC (HQ) License #3363807 Listed on: 06/14/2024

Last Buyer's Agent

Rodney Culiver

Last Key Realty, Inc (KW) License #SL3426316

Home Details

Home Type

Single Family

Year Built

1983

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 Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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: Median
  • State Province: FL
  • Taxes: 7441.30
  • Vehicle Storage: Garage, Open Parking, Attached
  • Year Built: 1983
  • Alternate Key Number: 1255301
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • License Info: Non Trans Rntl Lic
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1548.00
  • Financial Status Auction: No
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Quartz Countertops
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davits, Davit Pads
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Bar, Storage, Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00193420-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 19, 2024
Sold by
Speer Scott and Speer Melissa
Bought by
Zedick Thomas M
Seller's Agent
Justyn Ewald
Expert Realty LLC (HQ)
Buyer's Agent
Rodney Culiver
Last Key Realty, Inc (KW)
List Price
$1,349,000
Sold Price
$1,250,000
Premium/Discount to List
-$99,000
-7.34%
Views
4
Current Estimated Value
$1,321,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,843
Avg. Annual Appreciation
3.96%
Original Mortgage
$350,000
Outstanding Balance
$345,102
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$976,741

Purchase Details

Listed on
Nov 28, 2018
Closed on
Mar 18, 2019
Sold by
Krajcik Thomas J and Krajcik Kim S
Bought by
Speer Scott and Speer Melissa
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Lynn Lucas
Marathon Key Real Estate, Inc.
List Price
$690,000
Sold Price
$667,000
Premium/Discount to List
-$23,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$533,600
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2001
Sold by
Sweisford Beverly D
Bought by
Krajcik Thomas J and Krajcik Kim S

Purchase Details

Closed on
Apr 1, 1988
Bought by
Krajcik Thomas J and Krajcik Kim S

Purchase Details

Closed on
Aug 1, 1982
Bought by
Krajcik Thomas J and Krajcik Kim S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Zedick Thomas M $1,250,000 None Listed On Document
Speer Scott $667,000 None Listed On Document
Krajcik Thomas J $267,500 --
Krajcik Thomas J $155,000 --
Krajcik Thomas J $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zedick Thomas M $350,000
Previous Owner Speer Scott $533,600
Previous Owner Krajcik Thomas J $253,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $1,250,000 -7.3% $807 / Sq Ft
06/14/2024 06/14/24 For Sale $1,349,000 +102.2% $871 / Sq Ft
03/15/2019 03/15/19 Sold $667,000 -3.3% $510 / Sq Ft View Prior Sale
03/08/2019 03/08/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $690,000 -- $528 / Sq Ft
Source: Key West 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 $7,784 $1,039,511 $660,000 $379,511
2024 $7,441 $932,637 $558,000 $374,637
2023 $7,441 $968,813 $606,000 $362,813
2022 $6,715 $833,582 $468,000 $365,582
2021 $5,965 $575,595 $268,500 $307,095
2020 $5,866 $559,351 $255,000 $304,351
2019 $4,804 $483,601 $0 $0
2018 $4,831 $474,584 $240,000 $234,584
2017 $4,795 $475,095 $0 $0
2016 $4,926 $434,419 $0 $0
2015 $5,226 $468,738 $0 $0
2014 $4,891 $396,013 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Justyn Ewald

    Expert Realty LLC (HQ)

    (305) 587-7330

    162 Total Sales

    Justyn Ewald
    Section Image
  • Rodney Culiver

    Buyer's Agent in 2024

    Rodney Culiver

    Last Key Realty, Inc (KW)

    (305) 292-6266

    54 Total Sales

    Rodney Culiver
    Section Image

  • F

    Seller's Agent in 2019

    Fred Mullins

    Coldwell Banker Schmitt Real Estate Co. (KW)

    Section Image

  • L

    Buyer's Agent in 2019

    Lynn Lucas

    Marathon Key Real Estate, Inc.

  • L

    Buyer's Agent in 2019

    Lynn Lucas P.A.

    Exit Realty Florida Keys MTH

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 610440

Key West Association of REALTORS®

APN: 00193420-000000

Florida Monroe County Summerland Key 33042

381 Caribbean Dr E, Summerland Key, FL

Not Listed for Sale

Detached

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