NOT LISTED FOR SALE

545 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,094,293 - $1,309,000

2 Beds
3 Baths
1,280 Sq Ft
$937/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $724,000 $566 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,886/month

1 Day on Market

Highlights

  • Airstrip
  • RV or Boat Parking
  • Home fronts a canal
  • Boat Lift
  • RV Parking in Community
  • Granite Countertops

About This Home

As of February 2021

''The Pagoda House'' - a custom canal front home on Summerland Key with such charm.19' tongue and groove cedar ceilings that soar. Beautiful granite countertops and stainless appliances. Easy to maintain tiled floors. You'll enjoy sipping coffee on your covered front balcony with the wide roof overhang to shade you. New metal roof, accordion shutters, and double garage with front and back doors. Fantastic boating - flow through canals and a 10K boat lift, swim ladder, concrete dock, and davits. Live the dream.

Last Agent to Sell the Property

Donna Pezzi

Coldwell Banker Schmitt RE Co. Listed on: 01/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,410

Year Built

  • Built in 1979

Lot Details

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

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Workshop
  • Utility Room
  • Washer
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Garage
  • Automatic Garage Door Opener
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Davits
  • Seawall
  • Boat Lift
  • Balcony

Utilities

  • Ductless Heating Or Cooling System
  • Cable TV Available

Community Details

  • Association fees include common area mnt
  • Summerland Key Cove Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00193290-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,410

Year Built

Built in 1979

Lot Details

6,000 Sq Ft Lot

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 Seawall: Concrete
  • Fee Includes: Common Area Mnt
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4410.11
  • Title: Title Ins - Buyer
  • Vehicle Storage: Auto Door Opener, Garage, RV Parking Open, Off Street Parking
  • Year Built: 1979
  • Alternate Key Number: 1255173
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1280.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Sky Light(s), Window Treatments, Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven
  • Floor: Tile
  • Half Bathrooms: 2
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Lift, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Utilities: Cable Available, Sewer Available, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00193290-000000
  • Lot Size: 60' x 100'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Partially

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Feb 22, 2021
Sold by
Herriott Kenneth N and Herriott Margaret Haley
Bought by
Millar Timothy Michael
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Creative Technology
List Price
$724,000
Sold Price
$724,000
Current Estimated Value
$1,199,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,073
Avg. Annual Appreciation
10.59%
Original Mortgage
$499,000
Outstanding Balance
$443,860
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$755,213

Purchase Details

Closed on
Feb 11, 2014
Sold by
Dileo Christopher T and Dileo Ronald C
Bought by
Herriott Kenneth N and Herriott Margaret Haley S

Purchase Details

Closed on
Jul 28, 2011
Sold by
Dileo Ronald C
Bought by
Dileo Ronald C and Dileo Ronald C

Purchase Details

Closed on
Sep 19, 1996
Sold by
Dileo Beverly A
Bought by
Dileo Beverly A and Dileo Ronald C

Purchase Details

Closed on
Sep 12, 1996
Sold by
Dileo Ronald C and Dileo Beverly A
Bought by
Dileo Beverly A

Purchase Details

Closed on
Sep 1, 1980
Bought by
Herriott Kenneth N and Herriott Margaret-Haley S

Purchase Details

Closed on
Sep 1, 1978
Bought by
Herriott Kenneth N and Herriott Margaret-Haley S
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
Millar Timothy Michael $724,000 True Title Florida Keys Inc
Herriott Kenneth N $425,000 True Title Agency Inc
Dileo Ronald C -- Attorney
Dileo Beverly A $100 --
Dileo Beverly A $100 --
Herriott Kenneth N $90,000 --
Herriott Kenneth N $11,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millar Timothy Michael $499,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2021 02/22/21 Sold $724,000 0.0% $566 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $724,000 +70.4% $566 / Sq Ft
02/11/2015 02/11/15 Sold $425,000 -10.5% $332 / Sq Ft View Prior Sale
01/02/2015 01/02/15 Pending -- -- --
07/16/2014 07/16/14 For Sale $474,999 -- $371 / Sq Ft
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 $8,482 $1,015,154 $660,000 $355,154
2024 $8,391 $905,449 $558,000 $347,449
2023 $8,391 $939,152 $606,000 $333,152
2022 $7,557 $802,316 $468,000 $334,316
2021 $5,324 $570,385 $268,500 $301,885
2020 $4,637 $426,042 $255,000 $171,042
2019 $4,410 $400,108 $226,500 $173,608
2018 $4,627 $412,005 $240,000 $172,005
2017 $4,565 $411,570 $0 $0
2016 $4,311 $371,424 $0 $0
2015 $4,905 $436,200 $0 $0
2014 $4,590 $367,488 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

  • o

    Buyer's Agent in 2021

    outside of mls

    Outside Of MLS

  • M

    Seller's Agent in 2015

    Matthew Blalock, P.A.

    American Caribbean Real Estate Lower Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594373

Florida Keys Board of REALTORS®

APN: 00193290-000000

Florida Monroe County Summerland Key 33042

545 Caribbean Dr E, Summerland Key, FL

Not Listed for Sale

Detached

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