Check Availability

497 Caribbean Drive

497 Caribbean Drive, Key Largo, FL 33037
House in Upper Keys
Local assessors in Key Largo, FL have categorized 497 Caribbean Drive as a type of property. The home was built in 2001 and is 25 years old. It was most recently renovated and altered in 2011. The property's lot size has been calculated to be 9,375 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 200 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 497 Caribbean Drive has a total of 2,179 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 1,594 sqft. There are 6 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a and a so you'll have great options in both the front and back of the home. In addition, there is a on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is . It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - . The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of . As for flooring, was the material of choice during construction. Residents rely on for their cooling system. The home's is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 497 Caribbean Drive was last sold in Jul 15, 2003 for $825,000. According to our calculations, that's $378.61 per sqft. Prior to that sales transaction, the property was sold for $75,000 in Jul 1, 1989. Current property owners are expected to pay $996,816 in taxes per year. The property on 497 Caribbean Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,677,197. To break that down further, the land itself was valued at $1,148,438. While improvements to the property were assessed at a total of $528,759. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Carport
Covered Parking
Open Parking

Exterior

Block Exterior

Driveway

Driveway

Condition

New Construction

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220412
04/12/2022
3 Bed
2 Bath
1882 ft²
$2,900,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1882 ft²
-
-
Lindsey N. Davis
Berkshire Hathaway HomeServices Freewheeler Realty
20211008
10/08/2021
3 Bed
2 Bath
1882 ft²
$3,750,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1882 ft²
-
-
Will Langley
Berkshire Hathaway Knight & Gardner Realty (KW)


Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 18
  • Garage Square Area: 1,594
  • Parking Space Count: 6
  • Patio Type: 118
  • Porch Type: 35
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 9,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,179
  • Gross Building Area: 2,179
  • Building Area: 2,179
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,179
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORT LARGO 5TH ADD
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LT 497 PORT LARGO FIFTH ADDITION KEY LARGO PB6-109 OR796-2450 OR802-1555 OR824-2386 OR1098-1865 OR1909-2017

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970500

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 24-33
  • Account Number: 1556220
  • Parcel: 00453475-011300
  • Lot: 497
  • Meridian: SEC 33 TWN 61S RNG 39E
  • Municipality: KEY LARGO FROM SOUTH BAY HARBO
  • Latitude: 25.0955
  • Longitude: -80.4324

    Address

  • Full Address: 497 Caribbean Dr
  • Address - House Number: 497
  • Address - Street Name: Caribbean
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R005
  • 4-Digit Zip Code: 4333
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $996,816
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 500K

    Appraisal Valuation

  • Standard Deviation: 0.2509
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 64
  • Final Value: 2,341,235
  • High Value: 2,928,756
  • Low Value: 1,753,713

    Market Valuation

  • Market Total Value: $1,677,197
  • Market Land Value: $1,148,438
  • Market Improvement Value: $528,759

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,677,197
  • Assessed Land Value: $1,148,438
  • Assessed Improvements Value: $528,759

    Sales

  • Current Sale Contract Date: Jul 15, 2003
  • Current Sale Recording Date: Jul 18, 2003
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1383595
  • Previous Sale Recording Date: Jul 01, 1989
  • Previous Sale Contract Date: Jul 01, 1989
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Key Largo



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 103 W Avenue, Key Largo, FL, 33037

$6,800 /mo

  • 4 Beds
  • 3 Baths
  • 1,428 ft²
103 W Avenue, Key Largo, FL, 33037 Listing by Gustavo Pacheco
Unit for rent at 164 Ocean Bay Drive, Key Largo, FL, 33037

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,722 ft²
164 Ocean Bay Drive #3C, Key Largo, FL, 33037 Listing by Shannon Pettiford

Frequently Asked Questions

What neighborhood is 497 Caribbean Drive located in?
The 497 Caribbean Drive is a house located in the neighborhood of Upper Keys in Key Largo, Key Largo.
What is the average sales price for listings in 497 Caribbean Drive?
The average sales price for units in 497 Caribbean Drive is $0 currently.