NOT LISTED FOR SALE

785 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,118,504 - $1,222,000

2 Beds
3 Baths
1,023 Sq Ft
$1,158/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $760,000 $743 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,809/month

6 Days on Market

Highlights

  • RV Parking in Community
  • Deck
  • No HOA
  • Home fronts a canal
  • Granite Countertops
  • Stainless Steel Appliances

About This Home

As of September 2020

Caribbean DR Summerland Key is the address for this meticulously maintained home that has been family owned for 35 years. Recent updates include impact windows, new metal roof, Granite tops, SS appliances, custom cabinetry. Great breezes in your east facing yard, while looking at one of the deepest and prettiest flow through canals in the Lower Keys in a tropically landscaped setting. Big boats no problem. Current wind mitigation up grades accounts for super low premiums currently on property, Wind mitigation letter completed in 2019 account for these premiums, flood 754, home owners 977, windstorm 1692. Buyer to verify. Seller is a licensed real estate agent.

Last Agent to Sell the Property

John Nazzaro

Keller Williams Realty Premier Properties - Kendall License #3052192 Listed on: 08/14/2020

Keller Williams Realty Premier Properties - Kendall

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1975 | Remodeled

Lot Details

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

Home Design

  • Metal Roof

Interior Spaces

  • 1,023 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Canal Views

Kitchen

  • Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Open Parking

Outdoor Features

  • Davits
  • Balcony
  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Propane
  • Cistern
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Summerland Key Cove Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00192580-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,012

Year Built

Built in 1975 | Remodeled

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
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2011.74
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Open Parking, Trailer Storage, RV Parking Covered
  • Vehicle Storage Cars: 4+
  • Year Built: 1975
  • Alternate Key Number: 1254479
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat, Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Accordion, Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1023.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Refrigerator, Washer, Stainless Steel Appliance(s), Oven, Gas Appliances, Dryer
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2
  • Sq Ft Remarks: Does not include, 880 sq ft LWR LVL finished which includes laundry area and washer dryer. Buyer to verify.

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Rain Gutters
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Utilities: Buyer to Verify, Propane, Cistern, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00192580-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 18, 2020
Sold by
Reyngoudt Bruce N and Reyngoudt Esthy R
Bought by
Pagano Brian
Seller's Agent
John Nazzaro
Keller Williams Realty Premier Properties - Kendall
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%
Current Estimated Value
$1,184,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,876
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Jul 1, 1984
Bought by
Reyngoudt Bruce N and Reyngoudt Esthy R

Purchase Details

Closed on
Nov 1, 1979
Bought by
Reyngoudt Bruce N and Reyngoudt Esthy R
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
Pagano Brian $760,000 Oropeza Stones Cardenas Pllc
Reyngoudt Bruce N $80,000 --
Reyngoudt Bruce N $79,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $760,000 -1.9% $743 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $775,000 -- $758 / 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 $8,090 $1,060,844 $660,000 $400,844
2024 $7,710 $953,940 $558,000 $395,940
2023 $7,710 $984,992 $606,000 $378,992
2022 $6,968 $851,201 $468,000 $383,201
2021 $6,266 $608,585 $268,500 $340,085
2020 $2,050 $186,309 $0 $0
2019 $2,012 $182,121 $0 $0
2018 $2,009 $178,726 $0 $0
2017 $1,956 $175,050 $0 $0
2016 $1,960 $171,450 $0 $0
2015 $2,011 $170,258 $0 $0
2014 $2,054 $168,907 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Nazzaro

    Seller's Agent in 2020

    John Nazzaro

    Keller Williams Realty Premier Properties - Kendall

    (305) 731-9370

    38 Total Sales

    John Nazzaro
    Section Image

  • T

    Buyer's Agent in 2020

    Thomas Mack

    SBX Real Estate, LLC (KW)

  • T

    Buyer's Agent in 2020

    Tommy Mack

    Buy The Keys (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592096

Florida Keys Board of REALTORS®

APN: 00192580-000000

Florida Monroe County Summerland Key 33042

785 Caribbean Dr E, Summerland Key, FL

Not Listed for Sale

Detached

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