NOT LISTED FOR SALE

433 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,088,000 - $1,271,000

3 Beds
3 Baths
1,560 Sq Ft
$734/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $650,000 $417 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,572/month

33 Days on Market

Highlights

  • Airstrip
  • Boat Lift
  • RV Parking in Community
  • Dock made with concrete
  • RV or Boat Parking
  • Home fronts a canal

About This Home

As of July 2020

This 3 bedroom, 3 bath home awaits you in desirable Summerland Key. Situated on a beautiful flow-through canal with 60' of concrete dockage and a 10K boat lift. Highly sought after neighborhood. Easy access to some of the best fishing and snorkeling in the Keys! Remodeled kitchen includes stainless appliances and granite countertops. You'll love the large new addition master bedroom - complete with a custom walk-thru closet, laundry area, and roomy shower. Peeks of open water. Plenty of storage downstairs for toys and covered parking. Now is the time.

Last Agent to Sell the Property

Donna Pezzi

Coldwell Banker Schmitt RE Co. Listed on: 05/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,774

Year Built

  • Built in 1986

Lot Details

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

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Utility Room
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Deck
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Community Sewer or Septic

Community Details

  • Summerland Key Cove Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00193390-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,774

Year Built

Built in 1986

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 25.00
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: Other
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2774.19
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, RV Parking Open, Open Parking, Guest Parking, Covered Parking
  • Year Built: 1986
  • Alternate Key Number: 1255271
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1560.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Window Treatments, Walk-in Closet(s), Storage, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Dryer
  • Floor: Tile
  • Specialty Rooms: Utility Room
  • Total Bedrooms: 3
  • Sq Ft Remarks: Additional 667 square feet of downstairs storage.

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Utilities: Buyer to Verify, Community Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00193390-000000
  • Lot Size: 60' x 100'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2020
Closed on
Jul 23, 2020
Sold by
Gambino James L and Gambino Linda L
Bought by
Marotta Anthony and Felch Crystal
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Creative Technology
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$1,144,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,820
Avg. Annual Appreciation
11.36%
Original Mortgage
$510,400
Outstanding Balance
$453,429
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$691,391

Purchase Details

Closed on
Apr 24, 2020
Sold by
James Gambino
Bought by
Gambino James and Gambino Linda L

Purchase Details

Closed on
Apr 21, 2020
Sold by
James Gambino
Bought by
Gambino James and Gambino Linda L

Purchase Details

Closed on
Feb 7, 2000
Sold by
Don E Ellingwood Tr and Geneva Ellingwood Tr
Bought by
Gambino James

Purchase Details

Closed on
Jun 1, 1986
Bought by
Gambino James
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
Marotta Anthony $7,792,857 True Title Agency
Gambino James $192 None Listed On Document
Gambino James $192 Attorney
Gambino James $192 None Listed On Document
Gambino James $199,000 --
Gambino James $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marotta Anthony $510,400
Previous Owner Gambino James $61,130
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $650,000 -3.7% $417 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/03/2020 05/03/20 For Sale $675,000 -- $433 / 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 $6,923 $855,046 $558,000 $297,046
2023 $6,923 $890,560 $606,000 $284,560
2022 $6,231 $758,856 $468,000 $290,856
2021 $5,570 $532,265 $268,500 $263,765
2020 $2,946 $283,562 $0 $0
2019 $2,774 $264,448 $0 $0
2018 $2,779 $259,518 $0 $0
2017 $2,705 $254,181 $0 $0
2016 $2,716 $248,953 $0 $0
2015 $2,788 $247,222 $0 $0
2014 $2,557 $245,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

  • o

    Buyer's Agent in 2020

    outside of mls

    Outside Of MLS

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590749

Florida Keys Board of REALTORS®

APN: 00193390-000000

Florida Monroe County Summerland Key 33042

433 Caribbean Dr E, Summerland Key, FL

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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