494 E Caribbean Drive, Summerland Key, FL 33042 (MLS# 605948)

494 E Caribbean Drive, Summerland Key, FL 33042

$1,900,000

COASTAL RETREAT - First time on the market!

Virtual Tour

https://my.matterport.com/show/?m=BEdtMQVH7yu

Concrete block home, 3 bedrooms / 2 baths with a metal roof and 2 car garage.

30 year old pony tail palms grace the entrance

Your master bedroom overlooks the ocean.

Summerland Key - an island you'll love for life.

Spiral stair takes you upstairs from the rear.

6000 square foot lot and a well-maintained home

Aerial view of nearby Content Keys (Gulf side)

A pot of gold at the end of the rainbow?

Nearby Summerland Key Cove (private) airport.

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,418 Lot Size (sq. ft.): 6,000 Status: Closed

Current Price: $1,900,000 List Date: 8/03/2023 Last Modified: 10/03/2025

Overview

Description

THIS PICTURESQUE OPEN WATER HOME situated in the upscale community of Summerland Key Cove is on the market for the first time! With stunning views and direct access to the open water, this coastal property features 3 bedrooms, 2 baths, and a private 60' dock. The open floor plan and ample outdoor space make it the perfect haven for relaxation and enjoying the beauty of the seascape. A blend of natural beauty and tranquil surroundings - relax in this well-built, well-maintained, concrete block home with a metal roof and enjoy the rarity of a 2 car garage. Deep water access will have you to the Atlantic or Gulf in minutes. It's perfect if you are seeking a quiet waterfront lifestyle with exceptional boating. Don't miss it.

Listing Details MLS# 605948

Location, Tax & Legal

Street #: 494
Direction: E
Street Name: Caribbean
Street Suffix: Drive
Key/Island: Summerland Key
State/Province: FL
Zip Code: 33042
County: Monroe
Subdivision: Summerland Key Cove (25.0)
Area: 08 - Summerland Key
City: Summerland
Mile Marker: 25
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,VE-14
Alternate Key #: 1254720
Handicap Access: Yes
Parcel #: 00192830-000000
Zoning: IS - Improved Subivision District
Deed Restrictions: Unknown
Legal: SUMMERLAND KEY COVE ADDITION 6 PB5-41 SUMMERLAND KEY LOT 16 BK 1
Taxes: 3469.84
Tax Year: 2022
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: Yes

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: No
Year Built: 1989
Lot SqFt: 6000
Lot Sqft Source: Property Data Card
Acres: 0.14
Living Apx SqFt: 1418
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Rentals Allowed: With Restrictions
Min Rental Days: 28
Total Units: 0

Status Change Info

Sold Date: 2023-09-12
Sold Comments: Smooth transaction...thank you.

Association Info

Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 25
Assoc/Mnt Fee Per: Yearly

Dockage

Dock Length: 60
Seawall: Concrete
Davit Pads: Yes

More Information

Building Style

Above Flood: Unknown
Stilt Column Height: Medium - 5Ft - 9Ft

Vehicle Storage

Car(s): 2
Covered Parking: Yes
Garage: Yes
Guest Parking: Yes
Open Parking: Yes
Auto Door Opener: Yes

Appliances

Other: Propane Range
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes
Water Softener: Yes

Remarks & Misc

Remarks – Consumer: THIS PICTURESQUE OPEN WATER HOME situated in the upscale community of Summerland Key Cove is on the market for the first time! With stunning views and direct access to the open water, this coastal property features 3 bedrooms, 2 baths, and a private 60' dock. The open floor plan and ample outdoor space make it the perfect haven for relaxation and enjoying the beauty of the seascape. A blend of natural beauty and tranquil surroundings - relax in this well-built, well-maintained, concrete block home with a metal roof and enjoy the rarity of a 2 car garage. Deep water access will have you to the Atlantic or Gulf in minutes. It's perfect if you are seeking a quiet waterfront lifestyle with exceptional boating. Don't miss it.
Directions: US1 Mile Marker 24. At Slice of Paradise, turn on Caribbean Dr. LEFT on East Caribbean. House will be on the right (ocean front) with a sign on the property.

Fee Includes

Common Area Mnt: Yes
Other: Yes

Tax Exemptions

Homestead: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes

Waterfront

Open Water: Yes

Waterview

Open Water View: Yes

Floor

Tile: Yes

Neighborhood Feature

Airstrip: Yes

Interior Features

Granite Counter Top: Yes
Split Bedroom: Yes
Storage: Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Specialty Rooms

Workshop: Yes

Windows/Doors

Impact Rstnce Window: Yes
Sliding Glass Doors: Yes

Construction

CBS: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Negotiable: Yes

Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Utilities

Cable Available: Yes
FKAA: Yes
Municipal Sewer: Yes
Propane: Yes

Porch/Balcony

Open Porch/Balcony: Yes
Patio: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Rain Gutters: Yes

Roof

Metal Roof: Yes

Shutters

Accordion: Yes
Panel: Yes

Property Features

Fee Includes: Common Area Mnt; Other Tax Exemptions: Homestead Waterfront: Open Water Waterview: Open Water View Dockage: Davit Pads Property Condition: Updated/Remodeled Vehicle Storage: Garage; Auto Door Opener; Covered Parking; Guest Parking; Open Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Cable Available; FKAA; Municipal Sewer; Propane Interior Features: Granite Counter Top; Split Bedroom; Storage; Window Treatments Specialty Rooms: Workshop Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Stainless Steel Appliance(s); Washer; Water Softener Exterior Features: Rain Gutters Construction: CBS Shutters: Accordion; Panel Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Airstrip Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Title Ins - Buyer

Listing Office: Keller Williams Key West Compass Realty

Last Updated: October - 03 - 2025

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.