NOT LISTED FOR SALE

5 Caribbean Dr Summerland Key, FL 33042

Estimated Value: $356,000 - $403,000

0.14 Acre
$2,700,826 Price per Acre
6,000 Sq Ft Lot

Sale Details

Date Sold: February 11, 2020

Last sale price $249,000

Est. 50% increase in value since last sale

Current estimated payment $2,226 / mo

230 Days on Market

Highlights

  • Boat Lift
  • Home fronts a canal
  • 1-minute walk to Loop Road

About This Lot

As of February 2020

Excellent Summerland Key Location with boating access for Bigger Boats. Enjoy the best fishing & diving places, back County beaches & snorkel spots ....Lot has a seawall and a boat lift. Property appraiser shows seawall since 1977. House across the street on the Ocean with Magnificent Views is available for sale $899,000. Lot cannot be sold first. House must be sold first or buy it as a package and have 60 feet of protected dockage for your boat and or build another home/guest house....

Last Agent to Sell the Property

Beata Sharpe

Coldwell Banker Schmitt Real Estate Co. Listed on: 04/25/2019

Last Buyer's Agent

Donna Halstead

Coldwell Banker Schmitt RE Co. License #3437137

Coldwell Banker Schmitt RE Co.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,486

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Home fronts a canal
  • Cleared Lot
  • Property is zoned IS - Improved Subivision District

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 00191010-000000

Community Details

Overview

  • Summerland Key Cove Subdivision

Recreation

  • Boat Lift

Property Details

Property Type

Land

Est. Annual Taxes

$1,486

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Fire Hydrant
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1486.42
  • Title: Negotiable
  • Alternate Key Number: 1252921
  • Lot Sq Ft: 6000.00
  • Species List: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: Street Lights, Other Utilities, Water Line
  • Location Site: Paved Street, Cleared Site, Water Frontage
  • Lot Dimensions: 60x100
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Survey Available: No
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Utilities

  • Security: No Security

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00191010-000000
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: No Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2025
Sold by
Island One Properties Llc
Bought by
Barrett Todd and Padgett Edward
Current Estimated Value
$372,714

Purchase Details

Closed on
Aug 29, 2024
Sold by
Barrett Todd and Padgett Edward
Bought by
Island One Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,195,354
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 15, 2023
Sold by
Island One Properties Llc
Bought by
Barrett Todd and Padgett Edward

Purchase Details

Closed on
Jan 25, 2023
Sold by
Hartig Ralph M and Livin Judith
Bought by
Island One Properties Llc

Purchase Details

Listed on
Apr 25, 2019
Closed on
Feb 14, 2020
Sold by
118 Partners Ltd Lp
Bought by
Hartig Ralph M and Ha Judith
Seller's Agent
Beata Sharpe
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Donna Halstead
Coldwell Banker Schmitt RE Co.
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Feb 1, 1971
Bought by
118 Partnership Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barrett Todd -- None Listed On Document
Barrett Todd -- None Listed On Document
Island One Properties Llc -- Beeline Title, Llc
Island One Properties Llc -- Beeline Title, Llc
Barrett Todd -- --
Barrett Todd -- --
Island One Properties Llc $370,000 Advance Partners Title
Island One Properties Llc $370,000 Advance Partners Title
Hartig Ralph M $249,000 --
Hartig Ralph M $249,000 --
118 Partnership Ltd $3,500 --
118 Partnership Ltd $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Island One Properties Llc $1,195,354
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2020 02/11/20 Sold $249,000 0.0% --
04/25/2019 04/25/19 For Sale $249,000 -- --
Source: Florida Keys Board 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 $2,628 $254,361 $228,000 $26,361
2024 $1,920 $311,859 $285,000 $26,859
2023 $1,920 $249,604 $241,500 $8,104
2022 $1,660 $195,604 $187,500 $8,104
2021 $1,932 $211,830 $204,000 $7,830
2020 $1,856 $201,322 $192,000 $9,322
2019 $1,751 $189,072 $184,500 $4,572
2018 $1,701 $188,568 $184,500 $4,068
2017 $1,486 $157,068 $0 $0
2016 $1,468 $156,254 $0 $0
2015 $1,383 $142,272 $0 $0
2014 $1,316 $130,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585384

Florida Keys Board of REALTORS®

APN: 00191010-000000

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