NOT LISTED FOR SALE

848 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,136,000 - $1,564,000

3 Beds
2 Baths
2,016 Sq Ft
$646/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $900,000 $446 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,656/month

9 Days on Market

Highlights

  • Dock made with concrete
  • In Ground Pool
  • No HOA
  • Boat Lift
  • Home fronts a canal
  • Balcony

About This Home

As of September 2022

Great investment property. It needs your love and touch. This is 3 bedrooms and 2 bathrooms house on the end of deep canal with the pool. Upstairs is master bedroom and master bathroom and downstairs 2 bedrooms with a bathroom and huge open kitchen with living room. You have to see it what it has to offer.

Last Agent to Sell the Property

Monika Turek

Karem Kramer Realty (KW) Listed on: 08/17/2022

Last Buyer's Agent

Heather Bouchard

Buy The Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,635

Year Built

  • Built in 1988

Lot Details

  • 8,125 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Fixer Upper
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Dock made with concrete
  • Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00192240-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,635

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: No
  • 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: 6635.02
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1988
  • Alternate Key Number: 1254126
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 8125.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • License Info: Non Trans Rntl Lic
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2016.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Dryer
  • Floor: Concrete, Tile
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify, Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00192240-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 9, 2022
Sold by
Brain Sr Michael D
Bought by
Sweeny Paul
Seller's Agent
Monika Turek
Karem Kramer Realty (KW)
Buyer's Agent
Heather Bouchard
Buy The Keys (KW)
List Price
$850,000
Sold Price
$900,000
Premium/Discount to List
$50,000
5.88%
Current Estimated Value
$1,303,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,252
Avg. Annual Appreciation
12.56%

Purchase Details

Closed on
May 7, 2004
Sold by
Burgess John Duke
Bought by
Burgess John Duke

Purchase Details

Closed on
May 14, 2002
Sold by
Clerk Of Circuit Court/Monroe Cnt C
Bought by
Burgess John D and Burgess Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 1, 1996
Bought by
Brain Michael D

Purchase Details

Closed on
May 1, 1979
Bought by
Brain Michael D
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
Sweeny Paul $900,000 --
Burgess John Duke -- --
Burgess John D $1,389 --
Brain Michael D $180,000 --
Brain Michael D $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burgess John D $91,800
Previous Owner Burgess John D $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $900,000 +5.9% $446 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $850,000 -- $422 / 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 $10,018 $1,051,948 $627,169 $424,779
2023 $10,018 $1,094,185 $681,119 $413,066
2022 $7,391 $916,830 $526,013 $390,817
2021 $6,635 $654,083 $301,783 $352,300
2020 $6,258 $627,285 $286,609 $340,676
2019 $5,650 $534,031 $254,577 $279,454
2018 $5,919 $547,417 $269,750 $277,667
2017 $5,793 $544,889 $0 $0
2016 $5,444 $487,591 $0 $0
2015 -- $524,189 $0 $0
2014 -- $442,028 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Monika Turek

    Karem Kramer Realty (KW)

  • H

    Buyer's Agent in 2022

    Heather Bouchard

    Buy The Keys (KW)

  • Heather Mason

    Buyer's Agent in 2022

    Heather Mason

    Coastal Collection Real Estate Inc.

    (305) 395-9130

    59 Total Sales

    Heather Mason
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602253

Florida Keys Board of REALTORS®

APN: 00192240-000000

Florida Monroe County Summerland Key 33042

848 Caribbean Dr E, Summerland Key, FL

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