NOT LISTED FOR SALE

980 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,432,000 - $1,579,000

3 Beds
3 Baths
2,202 Sq Ft
$671/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $1,500,000 $681 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,386/month

150 Days on Market

Highlights

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

About This Home

As of September 2024

Ocean side of US1. 3bd./3bth. 2200 + sq.ft home, above flood. on spacious 15,000 sq. ft Canal front on 2 lots. 120 ft. of water frontage with concrete dock and step down. Property in Summerland Key Cove with flow through canals. 50 ft wide canal. Lot has lots of room to park, to add pool, and entertain. Tropical fruit trees. Tamarind, avocado, mango, spanish lime, date palm, guava, sapodilla, coconut, sirunam cherry, oregano, aloe, pineapple, sugar apple. 50 amp service for RV parking or use for electric car. Multi level home with Soaring ceilings in living area. Lots of windows with natural light. Updated Kitchen & baths. Crown molding. Metal roof. No carpets. Solar panels and 1 tesla battery, more can be added. Propane water heater, stove and dryer. Central A/C, Washer, Dishwasher and fridge are electric. Back patio area, front covered patio. Side patio area. 2 Car garage. Can easily put a railing on garage roof to have added roof top patio. Termite warranty. Sewer infrastructure. paid. Permit closed. Miami-dade approved shutters for discounts on insurance. Access to a private nearby community with membership. Owner is Licensed RealtorBuyer to verify all information

Last Agent to Sell the Property

Rose Dell

Keller Williams Key West Compass Realty License #643691 Listed on: 04/06/2024

Keller Williams Key West Compass Realty

Last Buyer's Agent

Rose Dell

Coldwell Banker Schmitt RE Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,660

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Home fronts a canal
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Home Design

  • Split Level Home
  • Entry on the 2nd floor
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,202 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Awning
  • Shutters
  • Blinds
  • Sliding Doors
  • Storage
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Open Parking
  • RV or Boat Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • Solar Power System

Outdoor Features

  • Airstrip
  • Dock made with concrete
  • Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Summerland Key Cove Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00192140-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,660

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 2: 00192130-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 9659.78
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, RV Parking Open, Trailer Storage, Open Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1989
  • Alternate Key Number: 1254002
  • Building Style: Split Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 15000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Bahama
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2202.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • G F Interior Features: LED Lighting
  • G F Utilities: Solar Panels
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Storage
  • Floor Number: 2.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Gas Appliances, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Combo
  • Windows/Doors: Sliding Glass Doors, Awning Windows
  • Appliances Other: propane water heater
  • Total Bedrooms: 3
  • Sq Ft Remarks: 2 Car Garage is 22 X 24

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction, Stucco, Frame
  • Exterior Features: Fruit Tree(s), Rain Gutters
  • Roof: Metal Roof, Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Solar Power, Elect Separate Meter, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE 9
  • Parcel Number: 00192140-000000
  • Lot Size: 120 X 125
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Unfurnished

Tax Info

  • Tax Year: 2023

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2024
Closed on
Sep 30, 2024
Sold by
Siler William Harold and Siler Patricia Lee
Bought by
Siler William Harold and Siler Patricia Lee
Seller's Agent
Rose Dell
Keller Williams Key West Compass Realty
Buyer's Agent
Rose Dell
Coldwell Banker Schmitt RE Co.
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%
Views
78
Current Estimated Value
$1,477,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,831
Avg. Annual Appreciation
-1.42%

Purchase Details

Closed on
Sep 19, 1996
Sold by
Ertl Dieter J and Ertl Sylvia A
Bought by
Ertl Sylvia A and Nattmann Susanne

Purchase Details

Closed on
Mar 8, 1996
Sold by
Goltz Max G and Goltz Gloria I
Bought by
Ertl Dieter J and Ertl Syliva A

Purchase Details

Closed on
Feb 1, 1976
Bought by
Dell Rosa Marvely
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
Siler William Harold -- None Listed On Document
Siler William Harold -- None Listed On Document
Siler William Harold $1,500,000 None Listed On Document
Siler William Harold $1,500,000 None Listed On Document
Ertl Sylvia A $100 --
Ertl Dieter J $40,000 --
Dell Rosa Marvely $7,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $1,500,000 0.0% $681 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $1,500,000 -6.3% $681 / Sq Ft
04/06/2024 04/06/24 For Sale $1,600,000 -- $727 / Sq Ft
Source: Marathon and Lower Keys Association 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 $7,845 $1,063,635 -- --
2023 $7,845 $1,073,124 $0 $0
2022 $7,108 $945,710 $0 $0
2021 $6,438 $704,876 $0 $0
2020 $5,943 $638,750 $0 $0
2019 $5,853 $625,759 $0 $0
2018 $6,135 $638,365 $0 $0
2017 $5,990 $638,881 $0 $0
2016 $5,543 $569,827 $0 $0
2015 $5,867 $598,231 $0 $0
2014 $5,446 $518,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 609492

APN: 00192130-000000