NOT LISTED FOR SALE

805 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,141,000 - $1,281,000

3 Beds
2 Baths
1,320 Sq Ft
$919/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $678,500 $514 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,949/month

119 Days on Market

Highlights

  • Dock made with concrete
  • Under Construction
  • Deck
  • Boat Lift
  • Home fronts a canal
  • Granite Countertops

About This Home

As of May 2019

This home is great for boaters! 60 foot concrete dock, and no bridges! Stainless steel appliances, wood cabinets, granite counter tops, crown molding, 9 foot ceilings, granite vanity tops in both master and guest bathroom, metal roof, impact resistant doors and windows, and many more upgrades! Located on desirable Summerland Key! Pictures are of model home, photos are of current construction. Seller is FL licensed realtor.

Last Agent to Sell the Property

Nick Boumerhi

2150 Listed on: 12/05/2018

Last Buyer's Agent

Margaret Crowley

Florida Keys Realty Group LLC License #3209961

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home
  • Metal Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Canal Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Boat Lift
  • Dock made with concrete
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00192560-000000

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,448

Year Built

Built in 2018 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 60
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: No
  • 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: 1447.92
  • Year Built: 2018
  • Alternate Key Number: 1254452
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1320.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: New Construction, Under Construction
  • Sewer Hook Up: Yes
  • Special Features: NewHome
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Granite Counter Top, Smoke Alarms, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave
  • Floor: Laminate
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00192560-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
May 10, 2019
Sold by
Boumerhi and Holly
Bought by
Heerwagen Richard C and Heerwagen Lisa K
Seller's Agent
Nick Boumerhi
2150
Buyer's Agent
Margaret Crowley
Florida Keys Realty Group LLC
List Price
$729,000
Sold Price
$678,500
Premium/Discount to List
-$50,500
-6.93%
Current Estimated Value
$1,213,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,931
Avg. Annual Appreciation
9.37%
Original Mortgage
$369,000
Outstanding Balance
$323,101
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$890,330

Purchase Details

Listed on
Dec 5, 2018
Closed on
May 1, 2019
Sold by
Boumerhi Pierre and Boumerhi Holly
Bought by
Heerwagen Richard C and Heerwagen Lisa K
Seller's Agent
Nick Boumerhi
2150
Buyer's Agent
Margaret Crowley
Florida Keys Realty Group LLC
List Price
$729,000
Sold Price
$678,500
Premium/Discount to List
-$50,500
-6.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Outstanding Balance
$323,101
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$890,330

Purchase Details

Closed on
May 1, 2017
Sold by
Babich Carrie Lynn
Bought by
Boumerhi Pierre and Boumerhi Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2016
Sold by
Cikel Shelley A
Bought by
Babich Carrie Lynn

Purchase Details

Closed on
May 16, 2009
Sold by
Cikel John R
Bought by
Cikel Shelley A

Purchase Details

Closed on
May 1, 1988
Bought by
Babich Carrie Lynn

Purchase Details

Closed on
Nov 1, 1979
Bought by
Babich Carrie Lynn
Source: Public Records

Range of Values:

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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
Heerwagen Richard C $678,500 None Listed On Document
Heerwagen Richard C -- Attorney
Heerwagen Richard C $678,500 None Listed On Document
Boumerhi Pierre $210,000 Attorney
Babich Carrie Lynn $180,000 None Available
Cikel Shelley A -- Attorney
Babich Carrie Lynn $36,000 --
Babich Carrie Lynn $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heerwagen Richard C $369,000
Previous Owner Boumerhi Pierre $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $678,500 -6.9% $514 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
12/05/2018 12/05/18 For Sale $729,000 -- $552 / 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
2024 $7,169 $859,713 -- --
2023 $7,169 $834,673 $0 $0
2022 $6,973 $810,363 $468,000 $342,363
2021 $5,671 $576,453 $268,500 $307,953
2020 $5,594 $562,690 $255,000 $307,690
2019 $2,305 $210,000 $210,000 $0
2018 $2,063 $184,500 $184,500 $0
2017 $1,448 $153,000 $0 $0
2016 $1,093 $153,000 $0 $0
2015 $1,028 $139,500 $0 $0
2014 $975 $127,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nick Boumerhi

    2150

  • Margaret Crowley

    Buyer's Agent in 2019

    Margaret Crowley

    Florida Keys Realty Group LLC

    (305) 923-5658

    239 Total Sales

    Margaret Crowley
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583101

Florida Keys Board of REALTORS®

APN: 00192560-000000

Florida Monroe County Summerland Key 33042

805 Caribbean Dr E, Summerland Key, FL

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