NOT LISTED FOR SALE

970 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,969,000 - $2,362,000

4 Beds
3 Baths
2,480 Sq Ft
$883/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $1,800,000 $726 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $12,522/month

76 Days on Market

Highlights

  • Airstrip
  • Dock made with concrete
  • Home fronts a canal
  • Boat Ramp
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of October 2021

Truly one of a kind home on Summerland Key. Own your own private resort with everything included. This home of modern coastal design was completely renovated in 2020 top to bottom with no expense spared. New standing seam roof, impact doors and windows, All new flooring and baths. 3 levels of space with garage. The pool area is spectacular with everything you would need to enjoy your private oasis. Great investment property renting at 12,900 per month with several winter months booked. Easy to show in July. No showings in August.Owners are Licensed FL Real Estate brokers

Last Agent to Sell the Property

Cheryl Moses

Action Keys Realty of the Lower FL Keys LLC License #648470 Listed on: 07/09/2021

Last Buyer's Agent

Ally Kelley

Ocean Sotheby's International License #SL3352184

Ocean Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,951

Year Built

  • Built in 2002 | Remodeled

Lot Details

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

Home Design

  • Metal Roof

Interior Spaces

  • 2,480 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Storage
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Pool

  • In Ground Pool
  • Spa
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Dock made with concrete
  • Screened Balcony
  • Exterior Lighting
  • Tiki or Chickee Hut
  • Rain Gutters

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00192150-000000

Community Details

Overview

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

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,951

Year Built

Built in 2002 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 100.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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: Airstrip, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7950.78
  • Title: Negotiable
  • Vehicle Storage: Carport, Garage
  • Year Built: 2002
  • Alternate Key Number: 1254029
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • Lot Sq Ft: 7500.00
  • Pool Info: Decked, In Ground
  • Porch Balcony: Roof Top Deck, Screened P/B
  • License Info: Non Trans Rntl Lic
  • License Info Number Of County License: occupational
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2480.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • G F Interior Features: LED Lighting
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Pantry, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Quartz Countertops, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Rain Gutters, Outdoor Shower, Hot Tub, Lighting
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00192150-000000
  • Lot Size: 60 x 125
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Oct 5, 2021
Sold by
Frost Investments Llc
Bought by
Novak Tal and Novak Laure
Seller's Agent
Cheryl Moses
Action Keys Realty of the Lower FL Keys LLC
Buyer's Agent
Ally Kelley
Ocean Sotheby's International
List Price
$2,499,900
Sold Price
$1,800,000
Premium/Discount to List
-$699,900
-28%
Current Estimated Value
$2,190,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,884
Avg. Annual Appreciation
4.68%

Purchase Details

Listed on
Oct 29, 2018
Closed on
Jun 28, 2019
Sold by
Cindi C Thomas Revocable Trust
Bought by
Frost Investments Llc
Seller's Agent
Cheryl Moses
Action Keys Realty of the Lower FL Keys LLC
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$1,150,000
Sold Price
$965,000
Premium/Discount to List
-$185,000
-16.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.45%

Purchase Details

Closed on
Sep 14, 2007
Sold by
Thomas Cindi C and Rowan Patricia C
Bought by
Thomas Cindi C and Rowan Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,500
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2007
Sold by
Thomas Cindi C
Bought by
Thomas Cindi C and Rowan Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,500
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1989
Bought by
Thomas Cindi C Rev Trust 08/19/1997

Purchase Details

Closed on
Feb 1, 1971
Bought by
Thomas Cindi C Rev Trust 08/19/1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Novak Tal $1,800,000 Attorney
Frost Investments Llc $965,000 True Title Agency
Thomas Cindi C -- None Available
Thomas Cindi C -- Elite Title Services
Thomas Cindi C Rev Trust 08/19/1997 $46,000 --
Thomas Cindi C Rev Trust 08/19/1997 $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Cindi C $308,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2021 10/04/21 Sold $1,800,000 -14.3% $726 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
08/31/2021 08/31/21 Price Changed $2,099,900 -8.7% $847 / Sq Ft
07/19/2021 07/19/21 Price Changed $2,299,900 -8.0% $927 / Sq Ft
07/09/2021 07/09/21 For Sale $2,499,900 +159.1% $1,008 / Sq Ft
06/26/2019 06/26/19 Sold $965,000 -16.1% $389 / Sq Ft View Prior Sale
05/20/2019 05/20/19 Pending -- -- --
10/29/2018 10/29/18 For Sale $1,150,000 -- $464 / 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
2025 $14,147 $1,666,229 -- --
2024 $13,608 $1,619,271 -- --
2023 $13,608 $1,559,986 $0 $0
2022 $13,133 $1,500,715 $0 $0
2021 $8,169 $817,244 $291,994 $525,250
2020 $7,951 $785,538 $277,313 $508,225
2019 $7,231 $704,669 $246,319 $458,350
2018 $7,621 $725,813 $261,000 $464,813
2017 $7,556 $728,759 $0 $0
2016 $7,108 $658,144 $0 $0
2015 $7,578 $690,235 $0 $0
2014 $7,185 $613,092 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cheryl Moses

    Action Keys Realty of the Lower FL Keys LLC

    (305) 304-7680

    23 Total Sales

    Cheryl Moses
    Section Image
  • Ally Kelley

    Buyer's Agent in 2021

    Ally Kelley

    Ocean Sotheby's International

    (305) 735-4095

    124 Total Sales

    Ally Kelley
    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Jenna Chapa

    Ocean Sotheby's International

    Section Image

  • o

    Buyer's Agent in 2019

    outside mls - FKBR

    Outside Of MLS - FKBR

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596831

Florida Keys Board of REALTORS®

APN: 00192150-000000

Florida Monroe County Summerland Key 33042

970 Caribbean Dr E, Summerland Key, FL

Not Listed for Sale

Detached

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