NOT LISTED FOR SALE

868 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $890,000 - $1,358,000

2 Beds
2 Baths
1,144 Sq Ft
$926/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $535,000 $468 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,901/month

191 Days on Market

Highlights

  • Airstrip
  • Spa
  • Granite Countertops
  • Boat Lift
  • Home fronts a canal
  • Complete Accordion Shutters

About This Home

As of October 2020

Looking for a canal front home with superior boating in Summerland Key Cove? This is it You'll love the flow through canals with 60' of concrete seawall and a 10K boat lift. Room for an RV. AC units have UV lights installed to kill viruses. Fenced yard and nicely landscaped. CBS home with new metal roof, granite kitchen counter tops, tiled floors - easy to maintain. 2 bedrooms on one side and a large enclosed bonus area on the other. Pavers and a storage ''she-shed:. One of the least expensive canal fronts in Summerland Key Cove. Connected to public sewer - assessment paid in full.

Last Agent to Sell the Property

Donna Pezzi

Coldwell Banker Schmitt RE Co. Listed on: 02/03/2020

Last Buyer's Agent

Alicia Lund

American Caribbean Real Estate, Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1971

Lot Details

  • 7,500 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,144 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Spa
  • Airstrip
  • Seawall
  • Boat Lift
  • Patio
  • Shed

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • Association fees include common area mnt
  • Summerland Key Cove Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00192210-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,759

Year Built

Built in 1971

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 25.00
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock Length: 60
  • Dockage Seawall: Concrete
  • Fee Includes: Common Area Mnt
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1758.89
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 1971
  • Alternate Key Number: 1254088
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 7500.00
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion, Clam Shell
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1144.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Ice Machine, Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile
  • Total Bedrooms: 2
  • Sq Ft Remarks: Finished Interior area 1144UTIL FIN BLOCK 60 TOTAL 1,204

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Storage, Hot Tub
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00192210-000000
  • Lot Size: 60' x 125'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Sep 30, 2020
Sold by
Gregoria Joseph D and Gregoria Mary E
Bought by
Betancourt Lydia and Alvarez Reynaldo Concepcion
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Alicia Lund
American Caribbean Real Estate, Christie's International Real Estate
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%
Current Estimated Value
$1,059,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,447
Avg. Annual Appreciation
14.43%
Original Mortgage
$302,000
Outstanding Balance
$268,613
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$790,834

Purchase Details

Closed on
May 3, 1996
Sold by
Mclean Tatiana B
Bought by
Gregoria Joseph D and Gregoria Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1973
Bought by
Gregoria Joseph D and Gregoria Mary E
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
Betancourt Lydia $535,000 Oropeza Stones & Cardenas Pllc
Gregoria Joseph D $139,000 --
Gregoria Joseph D $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betancourt Lydia $302,000
Previous Owner Gregoria Joseph D $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $535,000 -7.0% $468 / Sq Ft
02/03/2020 02/03/20 For Sale $575,000 -- $503 / 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 $4,230 $501,943 -- --
2023 $4,230 $487,324 $0 $0
2022 $4,111 $473,131 $0 $0
2021 $4,229 $459,351 $0 $0
2020 $1,798 $191,797 $0 $0
2019 $1,759 $187,485 $0 $0
2018 $1,756 $183,990 $0 $0
2017 $1,702 $180,206 $0 $0
2016 $1,707 $176,500 $0 $0
2015 $1,759 $175,273 $0 $0
2014 $1,804 $173,882 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

  • A

    Buyer's Agent in 2020

    Alicia Lund

    American Caribbean Real Estate, Christie's International Real Estate

  • Alicia Lund, P.A.

    Buyer's Agent in 2020

    Alicia Lund, P.A.

    Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys

    (305) 615-1275

    40 Total Sales

    Alicia Lund, P.A.
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589593

Florida Keys Board of REALTORS®

APN: 00192210-000000

Florida Monroe County Summerland Key 33042

868 Caribbean Dr E, Summerland Key, FL

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