NOT LISTED FOR SALE

549 Caribbean Dr E Summerland Key, FL 33042

Summerland Key Area

Estimated Value: $1,155,000 - $1,324,000

3 Beds
2 Baths
1,280 Sq Ft
$948/Sq Ft Est. Value

Sale Details

Date Sold: August 19, 2020

Last sale price $645,000 $504 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,918 / mo

278 Days on Market

Highlights

  • Home fronts a canal
  • Stainless Steel Appliances
  • Seawall
  • No HOA

About This Home

As of August 2020

VIRTUAL SHOWINGS ARE NOW AVAILABE ON THIS LISTING! Beautiful, Brand new 3 bedroom 2 bath Canal home with covered rear porch on a deep, wide canal with incredible boating access. Summerland Cove is known for exceptional boating. The deep flow through canal is a beautiful aqua color. Located on the ocean side of Summerland Key at mile marker 24. The lot is 60 x 100 with 60' canalfront, 30' concrete dock For your boat with steps down to the water for easy access to kayaking and paddle boarding. Built to the high standards for Monore County, this is rated for 180 mph, has impact windows and doors, and hardi plank siding and metal roof. Modern interior features 9' ceilings, laminate floors, quartz countertops and stainless appliance package. Includes lower enclosure storage.

Last Agent to Sell the Property

Sandra Tuttle

American Caribbean Real Estate Lower Keys Listed on: 09/16/2019

Last Buyer's Agent

Dave Wiley

Coldwell Banker Schmitt Real Estate Co.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,758

Year Built

  • Built in 2019

Lot Details

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

Home Design

  • HardiePlank Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,280 Sq Ft Home
  • Canal Views

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Seawall
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Summerland Key Cove Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00193270000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,758

Year Built

Built in 2019

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 75.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Seawall: Concrete
  • Fee Includes: Other
  • Handicap Access: No
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1757.79
  • Year Built: 2019
  • Alternate Key Number: 9104362
  • Lot Sq Ft: 6000.00
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1280.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Hardi Board Siding, Modular
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00193270000100
  • Lot Size: 60 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Aug 19, 2020
Sold by
Bought by
Seller's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
Buyer's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co.
List Price
$699,000
Sold Price
$645,000
Premium/Discount to List
-$54,000
-7.73%
Current Estimated Value
$1,154,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,485
Avg. Annual Appreciation
11.06%
Original Mortgage
$621,750
Outstanding Balance
$540,241
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$672,826

Purchase Details

Closed on
Feb 1, 2019
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summerland Key, FL

  • Miriam Novotny Real Estate Agent - Compass Florida, LLC

    Miriam Novotny

    Compass Florida, LLC

    (786) 933-8090

    46 Total Sales

    1 in Summerland Key

    $1,150,000 Price

    Miriam Novotny
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  • Ron Gozza Real Estate Agent - Premier Brokers International

    Ron Gozza

    Premier Brokers International

    (561) 621-4766

    32 Total Sales

    4 in Summerland Key

    $4M - $5M Price Range

    Ron Gozza
     Section Image
  • Terrance Sullivan Real Estate Agent - Ocean Sotheby's International Realty

    Terrance Sullivan

    Ocean Sotheby's International Realty

    (888) 612-4007

    67 Total Sales

    2 in Summerland Key

    $1,810,000 Price Range

    Terrance Sullivan
     Section Image
  • Brenda Thomas Real Estate Agent - Island Welcome Real Estate

    Brenda Thomas

    Island Welcome Real Estate

    (724) 202-0694

    16 Total Sales

    2 in Summerland Key

    $1,225,000 Price Range

    Brenda Thomas
     Section Image
  • Matthew Sheehan Real Estate Agent - Ocean Sotheby's International Realty

    Matthew Sheehan

    Ocean Sotheby's International Realty

    (877) 719-4071

    80 Total Sales

    2 in Summerland Key

    $699,000 Price Range

    Matthew Sheehan
     Section Image
  • Shane Wilson Real Estate Agent - Cypress Realty, Inc.

    Shane Wilson

    Responds Quickly

    Cypress Realty, Inc.

    (239) 341-5344

    125 Total Sales

    2 in Summerland Key

    $2,400,000 Price Range

    Shane Wilson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$645,000 True Title Agency
$190,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $621,750
Previous Owner $162,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/19/2020 08/19/20 Sold $645,000 -3.6% $504 / Sq Ft
06/09/2020 06/09/20 Price Changed $669,000 -0.9% $523 / Sq Ft
02/19/2020 02/19/20 Price Changed $675,000 -2.0% $527 / Sq Ft
01/11/2020 01/11/20 Price Changed $689,000 -0.7% $538 / Sq Ft
11/19/2019 11/19/19 Price Changed $694,000 -0.7% $542 / Sq Ft
09/16/2019 09/16/19 For Sale $699,000 -- $546 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,023 $498,640 $336,867 $161,773
2025 $7,023 $488,863 $330,262 $158,601
2024 $6,687 $479,279 $323,787 $155,492
2023 $6,570 $469,883 $317,439 $152,444
2022 $6,298 $460,670 $311,215 $149,455
2021 $6,249 $451,638 $305,113 $146,525
2019 $5,977 $438,244 $296,064 $142,180
2018 $5,949 $429,652 $290,259 $139,393
2016 $5,661 $412,970 $278,989 $133,981
2015 $5,583 $406,768 $274,799 $131,969
2014 $5,534 $398,801 $269,417 $129,384
Source: Public Records

Agents Affiliated with this Home

  • ST

    Seller's Agent in 2020

    Sandra Tuttle

    American Caribbean Real Estate Lower Keys

  • DW

    Buyer's Agent in 2020

    Dave Wiley

    Coldwell Banker Schmitt Real Estate Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587442

Florida Keys Board of REALTORS®

APN: 00193270-000100

Florida Monroe County Summerland Key 33042

549 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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