516 E Caribbean Drive, Summerland Key, FL 33042 (MLS# 583230)

516 E Caribbean Drive, Summerland Key, FL 33042

$1,725,000

Virtual Tour

https://my.matterport.com/show/?m=Kjph7xQoLQc&brand=0

Property Type: Residential Bedrooms: 4 Baths: 3.1 Square Footage: 2,551 Lot Size (sq. ft.): 6,000 Status: Closed

Current Price: $1,725,000 List Date: 12/13/2018 Last Modified: 3/19/2026

Overview

Description

This impressive custom built Glenn Gray designed 4 Bedroom 3.5 Bath Oceanfront home boasts picture perfect views of the endless ocean where world-class fishing and diving are just minutes away. After a great day on the water dock your boat on the lift and refresh in your oceanfront pool while cooking the days catch at the poolside summer kitchen or sip champagne from one of the many decks overlooking the ocean. Guests will loved to be entertained in your well-appointed granite chef's kitchen open to the living & dining room or on the waterfront lanai to catch the sunset. Retire in either the 1st or 2nd floor Master Suite where you will awake to gorgeous views of the open ocean. Two large garages provide ample storage for autos and toys. For those wanting an elevator the shaft is in place.

Listing Details MLS# 583230

Location, Tax & Legal

Street #: 516
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
Side: Ocean
Flood Zone: AE,VE,AE
Alternate Key #: 1254711
Parcel #: 00192820-000000
Zoning: IS - Improved Subivision District
Deed Restrictions: Unknown
Legal: BK 1 LT 15 SUMMERLAND KEY COVE ADDITION 6 PB 5-41 SUMMERLAND KEY
Taxes: 13054.61
Tax Year: 2017
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 2005
Lot SqFt: 6000
Acres: 0.14
Living Apx SqFt: 2551
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 3
Half Baths: Yes
Total Baths: 3.1
Rentals Allowed: With Restrictions
Min Rental Days: 28
Total Units: 0

Status Change Info

Sold Date: 2019-02-11

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

Dockage

Dock: Concrete
Seawall: Concrete
Boat Lift: Yes
Boat Slip: Yes

More Information

Building Style

Above Flood: Yes
Stories: 2 Stories

Vehicle Storage

Car(s): 2
Garage: Yes
Auto Door Opener: Yes
Off Street Parking: Yes

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: This impressive custom built Glenn Gray designed 4 Bedroom 3.5 Bath Oceanfront home boasts picture perfect views of the endless ocean where world-class fishing and diving are just minutes away. After a great day on the water dock your boat on the lift and refresh in your oceanfront pool while cooking the days catch at the poolside summer kitchen or sip champagne from one of the many decks overlooking the ocean. Guests will loved to be entertained in your well-appointed granite chef's kitchen open to the living & dining room or on the waterfront lanai to catch the sunset. Retire in either the 1st or 2nd floor Master Suite where you will awake to gorgeous views of the open ocean. Two large garages provide ample storage for autos and toys. For those wanting an elevator the shaft is in place.
Directions: Overseas highway to Caribbean Drive (the first left after Slice of Paradise). Turn left onto Caribbean Drive East. Go straight, house is on the right side. Sign is in the front.

Fee Includes

Water: Yes
None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Gas Appliances: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes
Heat: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Floor

Tile: Yes

Neighborhood Feature

Airstrip: Yes
Bike Paths: Yes
Other Area Features: Yes

Interior Features

Bar: Yes
Built-in Cabinets: Yes
Cathedral Ceilings: Yes
Drapes/Blinds Incl: Yes
Entrance Foyer: Yes
Fireplace(s): Yes
Granite Counter Top: Yes
Security System: Yes
Smoke Alarms: Yes
Split Bedroom: Yes
Storage: Yes
Tray Ceilings: Yes
Walk-in Closet(s): Yes
Other: Yes

Property Condition

Updated/Remodeled: Yes

Specialty Rooms

Laundry Room: Yes
Other: Yes

Windows/Doors

Sliding Glass Doors: Yes

Security

On Premises System: Yes

Construction

CBS: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Negotiable: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes
Municipal Sewer: Yes
Propane: Yes

Porch/Balcony

Open Porch/Balcony: Yes
Patio: Yes

Title

Negotiable: Yes

Exterior Features

Chickee Hut: Yes
Hot Tub: Yes
Lanai: Yes
Outdoor Kitchen: Yes
Outdoor Shower: Yes
Storage: Yes
Water Display: Yes

Pool Info

In Ground: Yes
Decked: Yes

Roof

Metal Roof: Yes

Shutters

Accordion: Yes

Property Features

Fee Includes: Water; None Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Boat Lift; Boat Slip Property Condition: Updated/Remodeled Vehicle Storage: Garage; Auto Door Opener; Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air; Heat Utilities: Buyer to Verify; FKAA; Municipal Sewer; Propane Interior Features: Bar; Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Fireplace(s); Granite Counter Top; Security System; Smoke Alarms; Split Bedroom; Storage; Tray Ceilings; Walk-in Closet(s); Other Specialty Rooms: Laundry Room; Other Appliances: Dishwasher; Dryer; Gas Appliances; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Chickee Hut; Hot Tub; Lanai; Outdoor Kitchen; Outdoor Shower; Storage; Water Display Pool Info: In Ground; Decked Construction: CBS Shutters: Accordion Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Bike Paths; Other Area Features Security: On Premises System Land Size: Less Than 1/4 Acre Title: Negotiable

Listing Office: Coldwell Banker Schmitt Lower Keys (KW)

Last Updated: March - 19 - 2026

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.