Seller's Agent in 2025
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
(305) 797-1221
42 in this area
642 Total Sales
474 Caribbean Dr E Summerland Key, FL 33042
3
Beds
2
Baths
1,664
Sq Ft
6,098
Sq Ft Lot
About This Home
As of April 2025Endless Ocean Views at this turn-key modern retreat, in sought-after Summerland Cove Isle! This bright and airy, concrete construction home boasts impact doors and windows and an open concept floor plan ideal for entertaining. The well-appointed Chef's Kitchen boasts stunning quartz countertops and backsplash, Cafe appliances, and large island with seating. Turquoise Waters are the focal point of the main living space, with floor to ceiling impact glass boasting Views of the Ocean beyond. Two generous bedrooms and a sleek, modern bathroom provide comfortable accommodation. Enjoy stunning Sunsets and balmy ocean breezes from a large upstairs open balcony. Downstairs, a bonus storage space offers additional room for keeping tools and equipment out of the elements. The expertly-equipped back yard boasts a brick paver deck, covered patio, 20K and 3500 lb. boat lifts, tiki hut, outdoor shower, and additional space for trailer storage. Enjoy effortless boating with ease from this Angler's paradise. The spacious lot is beautifully landscaped with native plants, making this exceptional property feel supremely private and tranquil. A large brick paver driveway, and attached one car garage offer abundant parking. Located within a quiet, established neighborhood but just minutes to divine dining and shops in town, this slice of paradise has it all!
Last Agent to Sell the Property
Coldwell Banker Schmitt Real Estate Co License #605677 Listed on: 11/05/2024
Last Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co. License #605677
Home Details
Home Type
Single Family
Year Built
1973
Lot Details
6,098 Sq Ft Lot
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
- 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: Other Area Features, Bike Paths, Airstrip
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Sale Terms: Conventional
- Side: Ocean
- State Province: FL
- Taxes: 11873.90
- Title: Negotiable
- Vehicle Storage: Garage, Trailer Storage, Off Street Parking, Open Parking, Attached
- Year Built: 1973
- Alternate Key Number: 1254746
- Cooling Heating: Ceiling Fans(s), Ductless
- Lot Sq Ft: 6000.00
- Porch Balcony: Open Porch/Balcony, Patio
- Species List: Yes
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 1664.00
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Interior Amenities: Built-in Cabinets, Quartz Countertops, Bar, Storage
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: More Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
- Floor: Vinyl
- Specialty Rooms: Laundry Room
- Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
- Appliances Other: YES
- Total Bedrooms: 3
Exterior Features
- Dockage: Boat Lift
- Waterfront: Oceanfront, Open Water
- Waterfront: Yes
- Construction: CBS
- Exterior Features: Chickee Hut, Storage, Outdoor Shower, Lighting, Fencing
- Roof: Other 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: 00192850-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.14
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Negotiable
Tax Info
- Tax Year: 2023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2024
Closed on
Apr 25, 2025
Sold by
Schwamm John and Schwamm Living Trust
Bought by
Parnell Holdings Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
List Price
$2,195,000
Sold Price
$1,725,000
Premium/Discount to List
-$470,000
-21.41%
Views
234
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,106
Avg. Annual Appreciation
-1.04%
Original Mortgage
$603,750
Outstanding Balance
$599,977
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,108,917
Purchase Details
Listed on
Mar 15, 2021
Closed on
Apr 9, 2021
Sold by
Lopez Juan and Lopez Barbara Triana
Bought by
Schwamm John and Schwamm Linda E
Seller's Agent
Diane Corliss
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
John Takovich
Island Real Estate Company Florida Keys
List Price
$1,100,000
Sold Price
$1,060,000
Premium/Discount to List
-$40,000
-3.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Purchase Details
Listed on
Feb 14, 2015
Closed on
Apr 24, 2015
Sold by
Browning John and Browning Carol
Bought by
Lopez Juan and Lopez Triana
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Richard Medlin
List Price
$799,900
Sold Price
$705,000
Premium/Discount to List
-$94,900
-11.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$528,750
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 2001
Sold by
Family Pts Acuff I
Bought by
Browning John and Browning Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 1997
Sold by
Acuff David and Acuff Lori J
Bought by
Acuff Family Partnership
Purchase Details
Closed on
Feb 20, 1996
Sold by
Gordon Stanely and Gordon Nurith E
Bought by
Acuff David and Acuff Lori J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 1971
Bought by
Lopez Juan and Lopez Barbara Triana
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,725,000 | None Listed On Document | |
| Warranty Deed | $1,060,000 | Florida Title Professional | |
| Warranty Deed | $705,000 | True Title Agency Inc | |
| Warranty Deed | $475,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $255,000 | -- | |
| Deed | $4,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $603,750 | New Conventional | |
| Previous Owner | $528,750 | New Conventional | |
| Previous Owner | $315,000 | New Conventional | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $150,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $1,725,000 | -13.7% | $1,037 / Sq Ft | |
| 03/12/2025 03/12/25 | Pending | -- | -- | -- | |
| 11/22/2024 11/22/24 | Price Changed | $1,999,000 | -8.9% | $1,201 / Sq Ft | |
| 11/05/2024 11/05/24 | For Sale | $2,195,000 | +107.1% | $1,319 / Sq Ft | |
| 04/09/2021 04/09/21 | Sold | $1,060,000 | -3.6% | $1,073 / Sq Ft | View Prior Sale |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- | |
| 03/15/2021 03/15/21 | For Sale | $1,100,000 | +56.0% | $1,113 / Sq Ft | |
| 04/24/2015 04/24/15 | Sold | $705,000 | -11.9% | $411 / Sq Ft | View Prior Sale |
| 04/18/2015 04/18/15 | Pending | -- | -- | -- | |
| 02/14/2015 02/14/15 | For Sale | $799,900 | -- | $466 / 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 | $12,373 | $1,653,629 | $1,291,500 | $362,129 |
| 2024 | $11,874 | $1,579,360 | $1,230,000 | $349,360 |
| 2023 | $11,874 | $1,639,971 | $1,303,500 | $336,471 |
| 2022 | $9,499 | $1,031,101 | $702,000 | $329,101 |
| 2021 | $7,946 | $794,976 | $537,000 | $257,976 |
| 2020 | $7,154 | $699,156 | $523,500 | $175,656 |
| 2019 | $8,061 | $794,321 | $649,500 | $144,821 |
| 2018 | $8,025 | $828,257 | $684,000 | $144,257 |
| 2017 | $7,016 | $668,645 | $0 | $0 |
| 2016 | $7,359 | $683,925 | $0 | $0 |
| 2015 | $7,699 | $691,935 | $0 | $0 |
| 2014 | -- | $942,435 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Ferringo
-
Diane Corliss
Seller's Agent in 2021
Diane Corliss
Coldwell Banker Schmitt Lower Keys (KW)
(305) 849-0934
9 in this area
148 Total Sales
-
John Takovich
Buyer's Agent in 2021
John Takovich
Island Real Estate Company Florida Keys
(954) 981-1824
14 in this area
37 Total Sales
-
F
Seller's Agent in 2015
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
-
R
Buyer's Agent in 2015
Richard Medlin
Map
Source: Key West Association of REALTORS®
MLS Number: 612121
APN: 00192850-000000
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