NOT LISTED FOR SALE

940 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $970,000 - $1,124,000

2 Beds
1 Bath
1,392 Sq Ft
$770/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $545,000 $392 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,197/month

10 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • RV Parking in Community
  • Dock made with concrete
  • RV or Boat Parking
  • Home fronts a canal

About This Home

As of January 2020

Ready to turn this property into your vacation dream home in the Fabulous Florida Keys? Fantastic property on a flow-through boating canal in desirable Summerland Key Cove. 60' x 125' lot with full concrete seawall and ramp. CBS (block) home with metal roof and garage. There's ample room for a pool in the back yard.Kitchen and floors have been removed. Cabinets in the box available for installation. Sold as-is.No HOA fees. Incredible boating on a clean wide deep canal. Just 24 miles from Key West.

Last Agent to Sell the Property

Donna Pezzi

Coldwell Banker Schmitt RE Co. Listed on: 11/07/2019

Last Buyer's Agent

Stacey Pillari

Coldwell Banker Schmitt RE Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 1972

Lot Details

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

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Metal Roof

Interior Spaces

  • 1,392 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Workshop
  • Sun or Florida Room
  • Canal Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Car Garage
  • Carport
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Ramp
  • Dock made with concrete
  • Balcony

Utilities

  • Central Air
  • Septic Tank

Community Details

  • Summerland Key Cove Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Other Tax Exemptions
  • Assessor Parcel Number 00192180-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,518

Year Built

Built in 1972

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: Concrete
  • Dockage Seawall: Concrete
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Summerland Key
  • K W Neighborhood: Outside of Key West
  • 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: 1517.62
  • Title: Negotiable
  • Vehicle Storage: Carport, Open Parking, RV Parking Open, Garage, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1972
  • Alternate Key Number: 1254053
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7500.00
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: Homestead, Widow/Widower
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1392.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Range
  • Floor: Other
  • Specialty Rooms: Sun/Florida Room, Workshop
  • Total Bedrooms: 2
  • Sq Ft Remarks: County records shows lower level: 240 sq' garage + 312 sq' utility room + 360 sq' breakaway enc

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-9
  • Parcel Number: 00192180-000000
  • Lot Size: 60'x125'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jan 22, 2020
Sold by
Kirschner Bernard Harold and Kirschner Bernard Harold
Bought by
Fisher Malcolm and Fisher Verlisa
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Stacey Pillari
Coldwell Banker Schmitt RE Co.
List Price
$549,999
Sold Price
$545,000
Premium/Discount to List
-$4,999
-0.91%
Current Estimated Value
$1,071,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,423
Avg. Annual Appreciation
12.45%
Original Mortgage
$436,000
Outstanding Balance
$386,185
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$685,238

Purchase Details

Closed on
Jun 14, 2019
Sold by
Harold Kirschner Bernard
Bought by
Revoc Bernard Harold Kirschner

Purchase Details

Closed on
May 16, 2019
Sold by
Harold Kirschner Bernard
Bought by
Revoc Bernard Harold Kirschner

Purchase Details

Closed on
May 12, 2019
Sold by
Kirschner Bernard Harold
Bought by
Revoc Kirschner Bernard Harold and Revoc Bernard Harold Kirschner

Purchase Details

Closed on
Jul 1, 1981
Bought by
Kirschner Bernard
Source: Public Records

Range of Values:

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Average Value
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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
Fisher Malcolm $545,000 Attorney
Revoc Bernard Harold Kirschner $100 None Listed On Document
Revoc Bernard Harold Kirschner $100 None Listed On Document
Revoc Kirschner Bernard Harold -- Attorney
Kirschner Bernard $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Malcolm $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2020 01/22/20 Sold $545,000 -0.9% $392 / Sq Ft
11/07/2019 11/07/19 For Sale $549,999 -- $395 / 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 $7,045 $807,773 -- --
2023 $7,045 $784,246 $0 $0
2022 $6,860 $761,404 $508,950 $252,454
2021 $4,946 $463,820 $291,994 $171,826
2020 $2,257 $209,298 $0 $0
2019 $2,215 $204,593 $0 $0
2018 $2,214 $200,779 $0 $0
2017 $2,156 $196,650 $0 $0
2016 $2,155 $191,894 $0 $0
2015 $2,184 $187,895 $0 $0
2014 $2,233 $186,404 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

  • S

    Buyer's Agent in 2020

    Stacey Pillari

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588136

Florida Keys Board of REALTORS®

APN: 00192180-000000

Florida Monroe County Summerland Key 33042

940 Caribbean Dr E, Summerland Key, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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