Sold for $480,000

$480,000

108 Caribbean Ave, Tavernier, FL 33070

4beds

1,686sqft

Multi Family

Built in 1980

-- sqft lot

$697,200 Zestimate^®

$285/sqft

$3,768 Estimated rent

Home value

$697,200

$627,000 - $774,000

$3,768/mo

Zestimate^® history

Owner options

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$3,768/mo

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$3,768/mo

Rent Zestimate^®

Refinance and save

$2,969/mo

Est. payment

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$2,969/mo

Est. payment

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What's special

Unique multifamily opportunity in Harry Harris subdivision. This property features a 1,062 sq ft main unit with three bedrooms and one bathroom, plus a separate 624 sq ft studio unit complete with a full kitchen and bathroom. Located on a quiet street, this home backs up to environmentally sensitive land for ultimately privacy. Ideally located adjacent to oceanfront park with boat ramp, beach, swimming area, pavilions, playground, and sport fields/courts. Rent both units, live in one unit and rent the other, or accommodate extended family. Discover this hidden gem before it's too late.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Appliances

Included: Dishwasher, Refrigerator, Range, Oven, Freezer

Interior area

Total structure area: 1,686
Total interior livable area: 1,686 sqft

Property

Features

Levels: Ground Level

Lot

Size: 0.28 Acres
Dimensions: 60 X 201

Details

Additional parcels included: 00449000-000000
Parcel number: 00449390000000
Zoning: IS - Improved Subivision District

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Condition

Year built: 1980

Utilities & green energy

Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

Community & HOA

Community

Features: Community Boat Ramp, Beach
Subdivision: Harris Ocean Park (93.0)

HOA

Has HOA: No
Services included: None

Location

Region: Tavernier

Financial & listing details

Price per square foot: $285/sqft
Tax assessed value: $509,685
Annual tax amount: $3,275
Date on market: 2/15/2025
Listing terms: No Seller Finance

Price history

Date	Event	Price
7/8/2025	Sold	$480,000-9.3%$285/sqft
Source: FLKMLS #613717 Report a problem
6/24/2025	Pending sale	$529,000$314/sqft
Source: FLKMLS #613717 Report a problem
4/22/2025	Contingent	$529,000$314/sqft
Source: FLKMLS #613717 Report a problem
3/17/2025	Price change	$529,000-5.4%$314/sqft
Source: Key West AOR #613717 Report a problem
2/15/2025	Listed for sale	$559,000$332/sqft
Source: Key West AOR #613717 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,391 +3.5%	$287,189 +6.6%
2024	$3,276 +11.5%	$269,526 +6.5%
2023	$2,939 -2.7%	$253,108 +16.6%
2022	$3,020 +8.2%	$216,999 +8%
2021	$2,791 +4.3%	$200,844 +7.5%
2020	$2,677	$186,913 -0.3%
2019	$2,677 +0.5%	$187,434 -0.2%
2018	$2,664 +1.6%	$187,753 +10.6%
2017	$2,623 +5.8%	$169,725 +15.5%
2016	$2,480 +17.9%	$146,902 -0.6%
2015	$2,103	$147,846