715 Caribbean Dr E Summerland Key, FL 33042
Estimated payment $7,718/month
Total Views
6,129
3
Beds
2
Baths
2,246
Sq Ft
$574
Price per Sq Ft
About This Home
Available rent to own!Tropical Boater's Paradise in Exclusive Fly-In Community - Includes a 25ft Mako Boat & Assumable VA Loan!715 Caribbean Dr, Summerland Key - A premier waterfront retreat in the heart of the Florida Keys, offering the ultimate lifestyle for boaters, pilots, and outdoor enthusiasts alike.Nestled in the prestigious Summerland Key Cove, a rare fly-in community with private airport access, this ground-level home is one of the Keys' most sought-after waterfront properties. With 60 feet of deep-water canal frontage and no bridges, you'll enjoy unrestricted access to open waters, making it perfect for yacht owners and sportfishing enthusiasts.As a boater's bonus, this sale includes a 25ft Mako boat, powered by a Perkins 6-cylinder diesel engine with only 200 hours--ideal for fishing, diving, or island-hopping across the stunning Florida Keys archipelago.One of the rare ground-level homes in the area, this property is wheelchair-accessible, offering effortless convenience. The only elevated section is the panoramic deck, where you can savor breathtaking sunrise and sunset views over the water.The expansive parking area accommodates up to 8 cars, 2 boats, or even an RV, while the large storage shed provides ample space for your golf cart, jet skis, and other water toys. The boat lift, viewing platform, and relaxing deck further enhance the waterfront experience.Your Island Escape AwaitsThough the home could use some cosmetic updates, it is move-in ready, allowing you to add your personal touch while enjoying all the perks of luxury island living.Additional Bonus: This home comes with an assumable VA loan, making it an even more attractive opportunity for qualified buyers!
Listing Agent
KeysLifestyle Real Estate (KW) License #BK3346838 Listed on: 03/11/2025
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$6,375
Year Built
1975
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Mandatory HOA: No
- Control Depth: 3
- Dockage Dock: Concrete
- Dockage Dock Length: 60
- Fee Includes: None
- Handicap Access: Yes
- 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, Bike Paths
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Ocean
- State Province: FL
- Taxes: 6629.00
- Title: Negotiable
- Vehicle Storage: RV Parking Open
- Vehicle Storage Cars: 4+
- Year Built: 1975
- Alternate Key Number: 1254533
- Lot Sq Ft: 6000.00
- Tax Exemptions: Homestead
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 2246.00
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Floor Number: 1.00
- Total Bathrooms: 2.00
- Full Bathrooms: 1
- Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
- Floor: Tile
- Half Bathrooms: 1
- Total Bedrooms: 3
- Sq Ft Remarks: all
Exterior Features
- Dockage: Davits, Boat Slip, Boat Lift
- Waterfront: Canal Front
- Waterfront: Yes
- Construction: CBS
- Roof: Metal Roof
- Waterview: Canal View
- Pool: No
Utilities
- Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Land Size: Less Than 1/4 Acre
Rental Info
- Rentals Allowed: Yes
Tax Info
- Tax Year: 24
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $6,375 | $763,028 | -- | -- |
| 2023 | $6,375 | $740,804 | $0 | $0 |
| 2022 | $4,114 | $473,567 | $0 | $0 |
| 2021 | $4,232 | $459,774 | $0 | $0 |
| 2020 | $4,210 | $453,427 | $255,000 | $198,427 |
| 2019 | $4,002 | $429,722 | $226,500 | $203,222 |
| 2018 | $4,054 | $424,880 | $0 | $0 |
| 2017 | $3,935 | $416,142 | $0 | $0 |
| 2016 | $3,961 | $407,583 | $0 | $0 |
| 2015 | $4,544 | $450,936 | $0 | $0 |
| 2014 | $4,225 | $361,645 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2025 03/30/25 | Price Changed | $1,290,000 | -0.7% | $574 / Sq Ft |
| 03/11/2025 03/11/25 | For Sale | $1,299,000 | +62.4% | $578 / Sq Ft |
| 12/23/2022 12/23/22 | Sold | $800,000 | -11.0% | $518 / Sq Ft |
| 08/18/2022 08/18/22 | Price Changed | $899,000 | -2.8% | $582 / Sq Ft |
| 07/22/2022 07/22/22 | Price Changed | $925,000 | -2.6% | $599 / Sq Ft |
| 07/01/2022 07/01/22 | Price Changed | $950,000 | -2.6% | $615 / Sq Ft |
| 06/23/2022 06/23/22 | Price Changed | $975,000 | -2.4% | $631 / Sq Ft |
| 06/08/2022 06/08/22 | Price Changed | $999,000 | -9.2% | $647 / Sq Ft |
| 05/27/2022 05/27/22 | For Sale | $1,100,000 | +144.4% | $712 / Sq Ft |
| 04/16/2013 04/16/13 | Sold | $450,000 | -9.8% | $291 / Sq Ft |
| 03/12/2013 03/12/13 | Pending | -- | -- | -- |
| 12/15/2012 12/15/12 | For Sale | $499,000 | -- | $323 / Sq Ft |
Source: Key West Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | Bay2ocean Title Services | |
| Quit Claim Deed | -- | Bay2ocean Title Services | |
| Warranty Deed | -- | New Title Company Name | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $450,000 | True Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $220,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $150,000 | -- | |
| Warranty Deed | $94,000 | -- | |
| Warranty Deed | $100,000 | -- | |
| Deed | $8,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $846,963 | VA | |
| Closed | $828,800 | VA | |
| Previous Owner | $459,835 | FHA | |
| Previous Owner | $463,980 | New Conventional | |
| Previous Owner | $360,000 | New Conventional | |
| Previous Owner | $170,000 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: Key West Association of REALTORS®
MLS Number: 614109
APN: 00192640-000000
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