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Sold for $1,725,000
  • $1,725,000

    474 Caribbean Dr E, Summerland Key, FL 33042

    3beds
    1,664sqft
    Single Family Residence
    Built in 1973
    6,098 Square Feet Lot
    $1,992,700 Zestimate®
    $1,037/sqft
    $7,935 Estimated rent

    Home value

    $1,992,700

    $1.79M - $2.23M

    $7,935/mo

    Zestimate® history
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    What's special

    Balmy ocean breezesBoat liftsLarge island with seatingGenerous bedroomsNative plantsOpen concept floor planBrick paver deck
    Endless Ocean Views at this turn-key modern retreat, in sought-after Summerland Cove Isle! This bright and airy, concrete construction home boasts impact doors and windows and an open concept floor plan ideal for entertaining. The well-appointed Chef's Kitchen boasts stunning quartz countertops and backsplash, Cafe appliances, and large island with seating. Turquoise Waters are the focal point of the main living space, with floor to ceiling impact glass boasting Views of the Ocean beyond. Two generous bedrooms and a sleek, modern bathroom provide comfortable accommodation. Enjoy stunning Sunsets and balmy ocean breezes from a large upstairs open balcony. Downstairs, a bonus storage space offers additional room for keeping tools and equipment out of the elements. The expertly-equipped back yard boasts a brick paver deck, covered patio, 20K and 3500 lb. boat lifts, tiki hut, outdoor shower, and additional space for trailer storage. Enjoy effortless boating with ease from this Angler's paradise. The spacious lot is beautifully landscaped with native plants, making this exceptional property feel supremely private and tranquil. A large brick paver driveway, and attached one car garage offer abundant parking. Located within a quiet, established neighborhood but just minutes to divine dining and shops in town, this slice of paradise has it all!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa H Ferringo,

    Coldwell Banker Schmitt Lower Keys (KW)

    Bought with:

    Coldwell Banker Schmitt Lower Keys (KW)

    Source: FLKMLS,MLS#: 612121MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Ceiling Fans(s), Ductless
    Appliances
    • Included: More Appliances, Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave
    • Laundry: Laundry Room
    Features
    • Built-in Features, Storage, Bar, Quartz Countertops
    • Flooring: Vinyl
    Interior area
    • Total structure area: 1,664
    • Total interior livable area: 1,664 sqft

    Property

    Parking
    • Parking features: Attached, Open, Storage
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Patio
    • Exterior features: Chickee Hut, Lighting, Outdoor Shower, Storage
    • Fencing: Fenced
    • On waterfront: Yes
    Lot
    • Size: 6,098 Square Feet
    Details
    • Parcel number: 00192850000000
    • Zoning: IS - Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1973

    Community & HOA

    Community
    • Features: Other, Bike Paths
    • Subdivision: Summerland Key Cove (25.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Summerland Key

    Financial & listing details

    • Price per square foot: $1,037/sqft
    • Tax assessed value: $1,653,629
    • Annual tax amount: $11,873
    • Date on market: 12/15/2024
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    4/25/2025Sold$1,725,000-13.7%$1,037/sqft
    Source: FLKMLS #612121 Report a problem
    4/9/2025Contingent$1,999,000$1,201/sqft
    Source: FLKMLS #612121 Report a problem
    4/6/2025Pending sale$1,999,000$1,201/sqft
    Source: FLKMLS #612121 Report a problem
    3/12/2025Contingent$1,999,000$1,201/sqft
    Source: Key West AOR #612121 Report a problem
    12/15/2024Listed for sale$1,999,000$1,201/sqft
    Source: FLKMLS #612121 Report a problem
    12/10/2024Contingent$1,999,000$1,201/sqft
    Source: FLKMLS #612121 Report a problem
    11/22/2024Price change$1,999,000-8.9%$1,201/sqft
    Source: FLKMLS #612121 Report a problem
    11/5/2024Listed for sale$2,195,000+4.8%$1,319/sqft
    Source: FLKMLS #612121 Report a problem
    5/15/2024Listing removed--
    Source: FLKMLS #608572 Report a problem
    4/24/2024Price change$2,095,000-4.6%$1,259/sqft
    Source: FLKMLS #608572 Report a problem
    4/2/2024Price change$2,195,000-6.2%$1,319/sqft
    Source: FLKMLS #608572 Report a problem
    2/5/2024Listed for sale$2,340,000+120.8%$1,406/sqft
    Source: Key West AOR #608572 Report a problem
    4/9/2021Sold$1,060,000-3.6%$637/sqft
    Source: FLKMLS #595138 Report a problem
    3/15/2021Listed for sale$1,100,000+37.5%$661/sqft
    Source: MLKAR #595138 Report a problem
    8/1/2015Listing removed$799,900+13.5%$481/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #118101 Report a problem
    4/27/2015Sold$705,000-11.9%$424/sqft
    Source: Public Record Report a problem
    4/25/2015Pending sale$799,900$481/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #121159 Report a problem
    4/25/2015Listed for sale$799,900$481/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #121159 Report a problem
    4/24/2015Pending sale$799,900$481/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #121159 Report a problem
    4/24/2015Listed for sale$799,900$481/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #121159 Report a problem
    4/24/2015Pending sale$799,900$481/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #121159 Report a problem
    4/24/2015Pending sale$799,900$481/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #121159 Report a problem
    4/24/2015Pending sale$799,900$481/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #121159 Report a problem
    4/23/2015Pending sale$799,900+68.4%$481/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #121159 Report a problem
    5/30/2001Sold$475,000+86.3%$285/sqft
    Source: Public Record Report a problem
    2/20/1996Sold$255,000$153/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,634 +10.2%$1,383,890 +10%
    2024$12,373 +4.2%$1,258,082 +10%
    2023$11,874 +25%$1,143,711 +10.9%
    2022$9,499 +19.5%$1,031,101 +30.3%
    2021$7,946 +11.1%$791,518 +13.2%
    2020$7,154 $699,156 -12%
    2019$7,154 -11.2%$794,321 -4.1%
    2018$8,061 +0.5%$828,257 +23.9%
    2017$8,025 +14.4%$668,645 -2.2%
    2016$7,016 -4.7%$683,925 -1.2%
    2015$7,359 $691,935
    Find assessor info on the county website

    Neighborhood: 33042

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,992,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,992,700