NOT LISTED FOR SALE

989 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,101,000 - $1,772,000

3 Beds
2 Baths
1,666 Sq Ft
$871/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $750,000 $450 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,370/month

69 Days on Market

Highlights

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

About This Home

As of January 2015

For those of you who want to come to the Keys to fish, dive, or relax this is the property for you. Sprawling over 2 pea- rock lots accented by swaying palms this low maintenance home in Summerland Key Cove features solid CBS construction, metal roof, & impact doors & windows eliminating the need for shutters. Featuring 1,666 SF w/3 BR's, 2 BA's you can easily accommodate your family & guests in

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 11/10/2014

Last Buyer's Agent

Donna Pezzi

Coldwell Banker Schmitt RE Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,580

Year Built

  • Built in 1999

Lot Details

  • 0.28 Acre Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,666 Sq Ft Home
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Blinds
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Carport
  • Guest Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association
  • Summerland Key Cove Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00192410-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,580

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • 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
  • 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: 6580.16
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Trailer Storage, RV Parking Open, Guest Parking, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1999
  • Alternate Key Number: 1254304
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 12000.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1666.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Smoke Alarms, Storage, Pantry, Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Lanai, Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00192410-000000
  • Lot Size: 120.0 ft x 100.0 ft
  • Land Size: More than 1 Lot
  • Acres: 0.28

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Chi Lina
Bought by
Chi Lina and Chi Rene
Current Estimated Value
$1,451,575

Purchase Details

Listed on
Nov 10, 2014
Closed on
Jan 30, 2015
Sold by
Morrow Bruce G and Morrow Susan V
Bought by
Chi Lina
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Jan 30, 2012
Sold by
Gavit Linda
Bought by
Morrow Bruce G and Morrow Susan

Purchase Details

Closed on
Oct 15, 2004
Sold by
Messeguer Manny and Messeguer Madalana
Bought by
Gavit Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1996
Bought by
Chi Lina

Purchase Details

Closed on
Jun 13, 1996
Sold by
Danoff Sherwood S and Danoff Autumn
Bought by
Messeguer Manny and Messeguer Madalana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Chi Lina -- None Listed On Document
Chi Lina -- None Listed On Document
Chi Lina $750,000 True Title Agency Inc
Morrow Bruce G $692,500 True Title Agency Inc
Gavit Linda $987,000 --
Chi Lina $81,000 --
Messeguer Manny $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gavit Linda $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $750,000 -3.2% $450 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
11/10/2014 11/10/14 For Sale $775,000 -- $465 / 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 $10,260 $1,371,178 $884,400 $486,778
2024 $9,818 $1,231,415 $747,720 $483,695
2023 $9,818 $1,280,728 $812,040 $468,688
2022 $8,842 $1,102,732 $627,120 $475,612
2021 $7,961 $794,394 $359,790 $434,604
2020 $7,547 $741,775 $341,700 $400,075
2019 $7,273 $709,203 $303,510 $405,693
2018 $7,669 $730,819 $326,400 $404,419
2017 $7,547 $737,584 $0 $0
2016 $7,052 $652,459 $0 $0
2015 $7,284 $693,369 $0 $0
2014 -- $570,728 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

  • D

    Buyer's Agent in 2015

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565746

Florida Keys Board of REALTORS®

APN: 00192410-000000

Florida Monroe County Summerland Key 33042

989 Caribbean Dr E, Summerland Key, FL

Not Listed for Sale

Detached

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