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For sale
  • Price increase: $1K (6/5)
    $2,246,000

    848 Caribbean Dr E, Summerland Key, FL 33042

    3beds
    2,016sqft
    : 
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    Single Family Residence
    Built in 1988
    7,840 Square Feet Lot
    $2,088,400 Zestimate®
    $1,114/sqft
    $-- HOA

    What's special

    Metal roofDurable hardie board constructionQuartz countertopsCovered parkingVaulted ceilingsElevated viewsSpacious patios
    Built for the offshore lifestyle, this exceptional Summerland Key waterfront home blends luxury coastal living with the kind of boating access serious anglers dream about. Completely renovated from top to bottom, the property sits on a deep water canal with 60 feet of brand new concrete dockage and quick direct access to open water, making it ideal for larger center consoles, sportfish boats, and offshore cruising. Inside, the home was designed for relaxed Keys living with vaulted ceilings, impact windows and doors, quartz countertops, custom wood cabinetry, stainless steel appliances, and an open layout filled with natural light and canal views. The spacious primary suite is privately situated on the second floor, offering a peaceful retreat with elevated views and added separation from the guest accommodations below. The outdoor living experience is what truly sets this property apart. The waterfront pool features all brand-new equipment, including a heater and chiller, allowing for year-round enjoyment in every season. A portion of the pool area is partially covered, creating the perfect shaded outdoor lounge space after a day on the water. Covered balconies, spacious patios, and tropical landscaping give the property a true private resort feel. The custom putting green and mini golf area adds a unique touch rarely found in the Keys, creating an incredible space for entertaining guests while enjoying the waterfront setting. Whether you're heading offshore for tuna and swordfish, running to the reef, or enjoying sunset cruises through the Lower Keys, this location puts you minutes from some of the best boating and fishing in the Florida Keys. Built with durable Hardie board construction, a metal roof, impact windows and doors, covered parking, and more than 1,000 square feet of enclosed storage space underneath the home, this turnkey waterfront retreat offers the perfect balance of luxury, functionality, and the authentic Florida Keys boating lifestyle.
    45 days
    |
    475
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Minerick 888-400-2513,

    Homecoin.com

    Source: FLKMLS,MLS#: 620177MLS LogoOriginating MLS: Marathon/Lower Keys

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Cooling
      • Central Air
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Cathedral Ceiling(s), Quartz Countertops, Walk-In Closet(s)
      • Flooring: Tile
      • Doors: Impact Rstnce Doors
      • Windows: Impact Rstnce Window
      Interior area
      • Total interior livable area: 2,016 sqft

      Property

      Parking
      • Parking features: Covered
      Features
      • Patio & porch: Open Porch/Balcony
      • Has private pool: Yes
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal Front, Waterfront, Dock Length: 60, Dockage: Assigned Dock
      Lot
      • Size: 7,840 Square Feet
      • Dimensions: 60 x 125
      • Features: 1/4 - 1/2 Acre
      Details
      • Parcel number: 00192240000000
      • Zoning: IS
      • Zoning description: Improved Subivision District

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other Bldg Style
      • Property subtype: Single Family Residence
      Materials
      • Other
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: FKAA

      Community & HOA

      Community
      • Subdivision: Summerland Key Cove (25.0)
      HOA
      • Has HOA: No
      • Services included: Other
      Location
      • Region: Summerland Key

      Financial & listing details

      • Price per square foot: $1,114/sqft
      • Tax assessed value: $1,171,069
      • Annual tax amount: $10,920
      • Date on market: 6/5/2026

        Estimated market value

        $2,088,400

        $1.98M - $2.19M

        $7,084/mo

        Price history

        DateEventPrice
        6/5/2026Price change$2,246,000+0%$1,114/sqft
        Source: MLKAR #620177 Report a problem
        5/31/2026Listed for sale$2,245,000+149.4%$1,114/sqft
        Source: Owner Report a problem
        9/9/2022Sold$900,000+5.9%$446/sqft
        Source: FLKMLS #602253 Report a problem
        8/26/2022Pending sale$850,000$422/sqft
        Source: FLKMLS #602253 Report a problem
        8/24/2022Contingent$850,000$422/sqft
        Source: FLKMLS #602253 Report a problem
        8/19/2022Listed for sale$850,000+54.8%$422/sqft
        Source: FLKMLS #602253 Report a problem
        1/16/2011Listing removed$549,000$272/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #107608 Report a problem
        7/22/2010Listed for sale$549,000+15.6%$272/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #107608 Report a problem
        6/30/2010Sold$475,000-13.5%$236/sqft
        Source: FLKMLS #107608 Report a problem
        5/1/2010Listed for sale$549,000-8.3%$272/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #544114 Report a problem
        2/10/2010Listing removed$599,000$297/sqft
        Source: Coldwell Banker Schmitt R.E. - BPK #544114 Report a problem
        1/23/2010Listed for sale$599,000-29.4%$297/sqft
        Source: Coldwell Banker Schmitt R.E. - BPK #544114 Report a problem
        2/6/2009Listing removed$849,000$421/sqft
        Source: Coldwell Banker** #544114 Report a problem
        2/7/2008Listed for sale$849,000$421/sqft
        Source: NCI #544114 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,921 +12.4%$1,157,143 +10%
        2024$9,716 -3%$1,051,948 -3.9%
        2023$10,018 +35.5%$1,094,185 +53.9%
        2022$7,391 +11.4%$710,795 +10%
        2021$6,635 +6%$646,177 +10%
        2020$6,258 $587,434 +10%
        2019$6,258 +10.8%$534,031 -2.4%
        2018$5,650 $547,417 +0.5%
        2017-- $544,889 +11.8%
        2016-- $487,591 -7%
        2015-- $524,189
        Find assessor info on the county website

        Monthly payment

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33042

        Getting around

        6 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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