NOT LISTED FOR SALE

555 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,087,000 - $1,322,000

3 Beds
3 Baths
1,376 Sq Ft
$876/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $1,100,000 $799 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,938/month

74 Days on Market

Highlights

  • Dock made with concrete
  • Cathedral Ceiling
  • No HOA
  • Home fronts a canal
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of April 2022

Join one of the BEST Lower Keys boating communities -60' concrete seawall with 4' draft, ocean side and easy access offshore. Be on world class fishing and diving in minutes. This 3 bedroom 3 bath home is concrete block construction and has a metal roof. New trex stairs front and rear, large sun deck overlooking the canal and white aluminum railings. Garage parking and a huge storage enclosure. great storage. Call for more info - easy to see!

Last Agent to Sell the Property

Sandra Tuttle

American Caribbean Real Estate Lower Keys Listed on: 01/03/2022

Last Buyer's Agent

Vanessa J. Chamizo, Professional Agent

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,361

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,376 Sq Ft Home
  • Cathedral Ceiling
  • Awning
  • Shutters
  • French Doors
  • Sliding Doors
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Balcony
  • Patio

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 00193270-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,361

Year Built

Built in 1969 | Remodeled

Lot Details

0

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 Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3361.39
  • Vehicle Storage: Garage, Off Street Parking
  • Year Built: 1969
  • Alternate Key Number: 1255157
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Bahama
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1376.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range, Microwave
  • Floor: Tile, Wood
  • Windows/Doors: Awning Windows, Other Windows/Doors, Sliding Glass Doors, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davit Pads
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00193270-000000
  • Lot Size: 60X100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Apr 28, 2022
Sold by
Sialaris Robert M and Sialaris Leila T
Bought by
Welborn Brandon M and Welborn Jessica W
Seller's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
Buyer's Agent
Vanessa J. Chamizo, Professional Agent
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$1,189,000
Sold Price
$1,100,000
Premium/Discount to List
-$89,000
-7.49%
Current Estimated Value
$1,205,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,872
Avg. Annual Appreciation
2.49%
Original Mortgage
$990,000
Outstanding Balance
$935,036
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$270,836

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 3, 2018
Sold by
Willsey Jimmie L
Bought by
Sialaris Robert M and Andersch Sialaris Leila T
Seller's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
Buyer's Agent
Douglas Goethel
Coldwell Banker Schmitt RE Co.
List Price
$565,000
Sold Price
$572,000
Premium/Discount to List
$7,000
1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.14%
Original Mortgage
$561,250
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Closed on
Jun 10, 1993
Sold by
Neumann Angela D and Willsey Anglea D
Bought by
Willsey Jimmie L

Purchase Details

Closed on
Dec 1, 1988
Bought by
Willsey Jimmie L
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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Purchase History

Date Buyer Sale Price Title Company
Welborn Brandon M $1,100,000 Anthony J Barrows Llc
Sialaris Robert M $572,000 Attorney
Willsey Jimmie L -- --
Willsey Jimmie L $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welborn Brandon M $990,000
Previous Owner Sialaris Robert M $561,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $1,100,000 -7.5% $799 / Sq Ft
02/25/2022 02/25/22 For Sale $1,189,000 +8.1% $864 / Sq Ft
01/09/2022 01/09/22 Off Market $1,100,000 -- --
01/03/2022 01/03/22 For Sale $1,189,000 +107.9% $864 / Sq Ft
12/03/2018 12/03/18 Sold $572,000 +1.2% $242 / Sq Ft View Prior Sale
10/29/2018 10/29/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $565,000 -- $239 / 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
2025 $8,337 $1,034,327 $660,000 $374,327
2024 $8,435 $924,211 $558,000 $366,211
2023 $8,435 $942,911 $606,000 $336,911
2022 $7,048 $777,956 $468,000 $309,956
2021 $3,361 $542,323 $0 $0
2020 $4,914 $534,836 $255,000 $279,836
2019 $5,148 $512,408 $226,500 $285,908
2018 $3,062 $320,886 $0 $0
2017 $2,971 $314,286 $0 $0
2016 $2,988 $307,822 $0 $0
2015 $3,077 $305,682 $0 $0
2014 $3,171 $303,256 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sandra Tuttle

    American Caribbean Real Estate Lower Keys

  • V

    Buyer's Agent in 2022

    Vanessa J. Chamizo, Professional Agent

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

  • V

    Buyer's Agent in 2022

    Vanessa J. Chamizo, Realtor

    American Caribbean Real Estate, Christie's International Real Estate

  • Vanessa J Chamizo

    Buyer's Agent in 2022

    Vanessa J Chamizo

    Coldwell Banker Schmitt Islamorada

    (786) 302-8007

    48 Total Sales

    Vanessa J Chamizo
    Section Image

  • V

    Buyer's Agent in 2022

    Vanessa Chamizo

    LoKation Real Estate

  • D

    Buyer's Agent in 2018

    Douglas Goethel

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599051

Florida Keys Board of REALTORS®

APN: 00193270-000000

Florida Monroe County Summerland Key 33042

555 Caribbean Dr E, Summerland Key, FL

Not Listed for Sale

Detached

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