NOT LISTED FOR SALE

463 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $807,523 - $940,000

2 Beds
2 Baths
960 Sq Ft
$909/Sq Ft Est. Value

Last Sold September 02, 2019

Last sale price $475,000 $495 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,042/month

10 Days on Market

Highlights

  • Airstrip
  • Cathedral Ceiling
  • Balcony
  • Home fronts a canal
  • No HOA
  • Complete Accordion Shutters

About This Home

As of September 2019

Bring Your Big Boat Here and Go Fish & Play! Excellent Oceanside Location with good access to Ocean & Back Country Water Fun. Home features a new roof in 2017, Cathedral Ceilings, Open Floor Plan, Large Master Suite, Full Seawall, Down Storage Area. Ample parking space for all your cars & toys. Home is hooked up to sewer.

Last Agent to Sell the Property

Beata Sharpe

Coldwell Banker Schmitt Real Estate Co. Listed on: 07/01/2019

Last Buyer's Agent

Cristine Rudy

Action Keys Realty of the Lower FL Keys LLC License #3093752

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,109

Year Built

  • Built in 1977

Lot Details

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

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 960 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Open Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Balcony

Utilities

  • Central Air
  • 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 00193360-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,109

Year Built

Built in 1977

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
  • Control Depth: 4
  • Dockage Seawall: 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, Fire Hydrant
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2108.87
  • Title: Negotiable
  • Vehicle Storage: Carport, Open Parking, Covered Parking
  • Year Built: 1977
  • Alternate Key Number: 1255246
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion, Other
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 960.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Split Bedroom, Window Treatments, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave, Dryer
  • Windows/Doors: Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00193360-000000
  • Lot Size: 60x100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Aug 28, 2019
Sold by
Bauer John L and Bryant Joan
Bought by
Icardi Mark V
Seller's Agent
Beata Sharpe
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Cristine Rudy
Action Keys Realty of the Lower FL Keys LLC
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Current Estimated Value
$872,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,631
Avg. Annual Appreciation
10.39%
Original Mortgage
$380,000
Outstanding Balance
$333,530
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$539,101

Purchase Details

Closed on
Apr 16, 1997
Sold by
Bauer John L
Bought by
Bauer John L and Bauer Joan

Purchase Details

Closed on
Jan 7, 1997
Sold by
Tahar Arthur B and Tahar Lorraine C
Bought by
Bauer John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1990
Bought by
Bauer John L
Source: Public Records

Range of Values:

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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
Icardi Mark V $475,000 True Title Agency Inc
Bauer John L $100 --
Bauer John L $170,000 --
Bauer John L $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Icardi Mark V $380,000
Previous Owner Bauer John L $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2019 09/02/19 Sold $475,000 -4.8% $495 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $499,000 -- $520 / 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 $5,697 $720,870 $558,000 $162,870
2023 $5,697 $760,773 $606,000 $154,773
2022 $5,060 $622,815 $468,000 $154,815
2021 $4,408 $404,867 $268,500 $136,367
2020 $4,333 $393,082 $255,000 $138,082
2019 $2,869 $274,640 $0 $0
2018 $2,875 $269,520 $0 $0
2017 $2,797 $263,977 $0 $0
2016 $2,810 $258,548 $0 $0
2015 $2,885 $256,751 $0 $0
2014 $2,960 $254,713 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586342

Florida Keys Board of REALTORS®

APN: 00193360-000000