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

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

Status Change Info

Under Contract Date: 2018-12-31
Leased Date: 2019-02-11

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Dockage

Dock: Concrete
Seawall: Concrete

More Information

Building Style

Above Flood: Yes
# Stories: 2 Stories

Vehicle Storage

Car(s): 2

Financial Status

Bank Owned: No
Potential Short Sale: No

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

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