NOT LISTED FOR SALE

827 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,424,000 - $1,631,000

3 Beds
3 Baths
1,861 Sq Ft
$818/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2023

Last sale price $1,200,000 $645 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,477 / mo

99 Days on Market

Highlights

  • Airstrip
  • Home fronts a canal
  • Loft
  • Spa
  • Fruit Trees
  • Quartz Countertops

About This Home

As of June 2023

3BD/3BA, Custom built, concrete, waterfront home on one of the best islands in the Lower Keys, Summerland Key. Known for its deep draft, flow through, crystal clear canal systems and minutes to the open waters of the Atlantic Ocean and Gulf of Mexico. Extra high covered parking is suitable for RV parking and the property is ready with hook up. The exterior is private with fences on both sides. Approximately 60' of concrete seawall and davits making for quick boating excursions. Your family will love the swimming spa which has been strapped down and storm ready. The interior was designed for guests with a ground level entrance, enclosed staircase and two separate wings featuring 1 bedroom and 1 bathroom on each side and separated by pocket doors from the interior living area of the home. The owner's suite is also separated by pocket doors allowing privacy for all three bedrooms. There is a large walk-in closet in the owner's suite and a built-in vanity. The large, unfinished loft above the kitchen can be finished for additional living space or used as a large storage area. Tile floors throughout the entire home are easy to care for and are super clean. The home is wired with CAT 5 wiring and has a Nest Thermostat and connected to Alexa. Loads of storage downstairs, great outdoor living spaces and walk around porches. Loft area is not included in the living square feet or in the bedroom count. Property is not available for showings from April 16th to April 22nd.

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 02/06/2023

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Patricia Nickless

Prudential Keyside Prop/BPK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,887

Year Built

  • Built in 2001

Lot Details

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

Home Design

  • Metal Roof

Interior Spaces

  • 1,861 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Loft
  • Storage
  • Tile Flooring
  • Canal Views
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Open Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Davits
  • Seawall
  • Balcony
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00192550-000000

Community Details

Overview

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

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,887

Year Built

Built in 2001

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • 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
  • Neighborhood Feature: Other Area Features, Airstrip
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6886.74
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking, Open Parking, Attached
  • Year Built: 2001
  • Alternate Key Number: 1254444
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1861.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Walk-in Closet(s), Storage, Security System, Entrance Foyer, Pantry, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Loft
  • Windows/Doors: Glass Doors, Sliding Glass Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Exterior Features: Fruit Tree(s), Storage, Outdoor Shower, Hot Tub
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: On Premises System
  • Utilities: FKAA, Cable Available, Municipal Sewer
  • Heating: Forced Air

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00192550-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Jun 1, 2023
Sold by
Bought by
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Patricia Nickless
Prudential Keyside Prop/BPK
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Views
53
Current Estimated Value
$1,465,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,502
Avg. Annual Appreciation
7.92%
Original Mortgage
$960,000
Interest Rate
0.0639%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2017
Closed on
Dec 18, 2017
Sold by
Bought by
Seller's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
Buyer's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$699,000
Sold Price
$669,000
Premium/Discount to List
-$30,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%
Original Mortgage
$488,635
Interest Rate
0.0393%

Purchase Details

Listed on
Feb 3, 2015
Closed on
Mar 30, 2015
Sold by
Bought by
Seller's Agent
Melva Wagner
Century 21 Prestige Realty Gro
Buyer's Agent
Kathleen Fitzsimmons
Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys
List Price
$579,900
Sold Price
$559,500
Premium/Discount to List
-$20,400
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Apr 8, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 1994
Bought by

Purchase Details

Closed on
Apr 1, 1987
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 None Listed On Document
$669,000 Attorney
$559,500 None Available
$390,800 Dataquick Title
$45,000 --
$70,000 --
$56,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $960,000
Closed $488,635
Closed $379,000
Closed $100,000
Closed $200,000
Closed $326,365
Closed $275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Sold $1,200,000 -7.7% $645 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $1,300,000 +94.3% $699 / Sq Ft
12/19/2017 12/19/17 Sold $669,000 -4.3% $359 / Sq Ft View Prior Sale
11/21/2017 11/21/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $699,000 +24.9% $376 / Sq Ft
04/08/2015 04/08/15 Sold $559,500 -3.5% $301 / Sq Ft View Prior Sale
02/19/2015 02/19/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $579,900 -- $312 / Sq Ft
Source: Key West Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,728 $760,325 -- --
2024 $7,624 $738,897 -- --
2023 $7,624 $974,515 $606,000 $368,515
2022 $6,887 $840,906 $468,000 $372,906
2021 $6,190 $600,254 $268,500 $331,754
2020 $6,154 $590,570 $255,000 $335,570
2019 $5,795 $549,664 $226,500 $323,164
2018 $6,053 $561,484 $240,000 $321,484
2017 $5,612 $525,159 $0 $0
2016 $5,278 $470,516 $0 $0
2015 $5,934 $517,300 $0 $0
2014 $5,254 $430,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604096

Key West Association of REALTORS®

APN: 00192550-000000

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