NOT LISTED FOR SALE

640 Caribbean Dr Satellite Beach, FL 32937

Estimated Value: $498,000 - $632,522

4 Beds
2 Baths
1,782 Sq Ft
$303/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $505,000 $283 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,301/month

135 Days on Market

Highlights

  • In Ground Pool
  • Pool View
  • Porch
  • Satellite Senior High School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2024

Welcome to your tropical oasis! This 4 bedroom, 2 bathroom, salt water POOL home is located in one of Satellites Beach's most desirable neighborhoods. NEW 2024 Roof! A/C 2020! Split floor plan. No Hoa. Top Rated Schools. Walk to the beach, park, library and tennis courts. Salt water pool with a tanning ledge and pavers was completed brand new construction from Martin Pools in 2020. Large enclosed patio to enjoy the Florida living. Primary bedroom with walk in closet. PVC plumbing, updated electrical panel, Copper wiring. Convenient indoor laundry with a 2020 washer & dryer plus a utility sink.

Last Agent to Sell the Property

Nick Farinella

Coldwell Banker Realty License #536213 Listed on: 06/14/2024

Coldwell Banker Realty

Co-Listed By

Sanja Hardy

Coldwell Banker Realty License #3533258

Last Buyer's Agent

Jarrett Bass

Compass Florida LLC License #3584150

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,714

Year Built

  • Built in 1977

Lot Details

  • 9,148 Sq Ft Lot
  • Northeast Facing Home
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 1,782 Sq Ft Home
  • 1-Story Property
  • Pool Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Pool

  • In Ground Pool
  • Above Ground Spa
  • Saltwater Pool

Outdoor Features

  • Porch

Schools

  • Ocean Breeze Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • De Soto Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-02-83-0000k.0-0009.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,714

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit, Sink
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • Co List Office Mls Id: cwbk5
  • Co List Office Phone: 321-259-5280
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: De Soto Park
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-02-83-0000k.0-0009.00
  • Location Tax and Legal Elementary School: Ocean Breeze
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 5714.5
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1782.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9148.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: Northeast
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pool Features Salt Water: Yes
  • Spa Features Above Ground2: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 1
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Split Bedrooms
  • Flooring: Carpet, Tile
  • Spa Features: Above Ground
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Split Bedrooms: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Pool Features: In Ground, Salt Water
  • Roof: Shingle
  • Acres: 0.21
  • Waterfront: No
  • Construction Type: Concrete, Stucco
  • Direction Faces: Northeast
  • Patio And Porch Features: Porch
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-02-83-0000k.0-0009.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5714.5

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Nov 25, 2024
Sold by
Kimmey Ted Michael and Allison Nicole
Bought by
Florio Vincent
Seller's Agent
Nick Farinella
Coldwell Banker Realty
Buyer's Agent
Jarrett Bass
Compass Florida LLC
List Price
$629,000
Sold Price
$505,000
Premium/Discount to List
-$124,000
-19.71%
Views
73
Current Estimated Value
$539,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,631
Avg. Annual Appreciation
6.52%
Original Mortgage
$378,750
Outstanding Balance
$375,678
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$163,953

Purchase Details

Listed on
Sep 23, 2019
Closed on
Nov 7, 2019
Sold by
Zogakis Gertrude T
Bought by
Kimmey Ted Michael and Kimmey Allison Nicole
Seller's Agent
Barbara Wall
BHHS Florida Realty
Buyer's Agent
Tammy Gamin
Dreyer & Associates R.E. Grp.
List Price
$314,900
Sold Price
$325,000
Premium/Discount to List
$10,100
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$335,725
Interest Rate
3.6%
Mortgage Type
VA
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
Florio Vincent $505,000 None Listed On Document
Kimmey Ted Michael $325,000 Florida Ttl & Guarantee Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florio Vincent $378,750
Previous Owner Kimmey Ted Michael $335,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $505,000 -8.2% $283 / Sq Ft
10/03/2024 10/03/24 Price Changed $550,000 -4.3% $309 / Sq Ft
09/25/2024 09/25/24 Price Changed $575,000 -1.7% $323 / Sq Ft
09/04/2024 09/04/24 Price Changed $585,000 -1.7% $328 / Sq Ft
08/19/2024 08/19/24 Price Changed $595,000 -0.7% $334 / Sq Ft
08/04/2024 08/04/24 Price Changed $599,000 -1.8% $336 / Sq Ft
07/21/2024 07/21/24 Price Changed $609,900 -0.8% $342 / Sq Ft
07/07/2024 07/07/24 Price Changed $614,999 -1.6% $345 / Sq Ft
06/25/2024 06/25/24 Price Changed $624,900 -0.7% $351 / Sq Ft
06/14/2024 06/14/24 For Sale $629,000 +93.5% $353 / Sq Ft
11/07/2019 11/07/19 Sold $325,000 0.0% $179 / Sq Ft View Prior Sale
09/25/2019 09/25/19 Pending -- -- --
09/25/2019 09/25/19 Price Changed $325,000 +3.2% $179 / Sq Ft
09/04/2019 09/04/19 For Sale $314,900 -- $173 / Sq Ft
Source: Space Coast MLS (Space Coast Association 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 $5,786 $506,850 -- --
2024 $5,715 $344,530 -- --
2023 $5,715 $334,500 $0 $0
2022 $5,380 $324,760 $0 $0
2021 $5,582 $315,310 $0 $0
2020 $4,982 $281,100 $125,000 $156,100
2019 $2,239 $140,390 $0 $0
2018 $2,237 $137,780 $0 $0
2017 $2,077 $134,950 $0 $0
2016 $2,080 $132,180 $85,000 $47,180
2015 $2,128 $131,270 $75,000 $56,270
2014 $2,129 $130,230 $70,000 $60,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1016839

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-02-83-0000K.0-0009.00