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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$1,725,000
516 E Caribbean Drive
Summerland Key, FL 33042
MLS# 583230
Status: Closed
4 beds  |  3.1 baths  |  2551 sqft


516 Caribbean Dr
  1 / 53  
516 Caribbean Dr Boat slip Pool Tiki Aerial Front Foyer Foyer Great Room Great Room Dining room Kitchen Kitchen Porch View Master Bedroom Master Bedroom Master Bedroom Porch Master Bathroom Master Bathroom Shower 2nd Master Bedroom 2nd Master Bedroom 2nd Master Bathroom Guest Bedroom 1 Guest Bedroom 2 Porch Guest Bathroom Powder Room Laundry Room Pool Pool Outdoor Kitchen Hot Tub Outdoor shower Dock Dock Boat Slip Boat slip Boat Lift Tiki Aerial Aerial Street view Street view Front Front Aerial Aerial Front Summerland Key Airport Summerland Key Airport Summerland Key Airport Summerland Key Airport

Property 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.

Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes
Current Price: $1,725,000
Listing Date: 2018-12-12
Sold Price: $1,725,000
Location, Tax & Legal
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
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
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 4
Lot Size: 60 x 100
Lot SqFt: 6000
Pool: Yes
Total Units: 0
Acres: 0.14
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 28
Style: Single Family
Year Built: 2005
Living Apx SqFt: 2551
Total Bedrooms: 4
Full Baths: 3
Half Baths: 1
Total Baths: 3.1
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.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
Water: 1
None: 1
Dockage
Dock: Concrete
Boat Lift: 1
Boat Slip: 1
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Gas Appliances: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heat: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Ocean View: 1
Open Water View: 1
Floor
Tile: 1
Neighborhood Feature
Airstrip: 1
Bike Paths: 1
Other Area Features: 1
Interior Features
Bar: 1
Built-in Cabinets: 1
Cathedral Ceilings: 1
Drapes/Blinds Incl: 1
Entrance Foyer: 1
Fireplace(s): 1
Granite Counter Top: 1
Security System: 1
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Tray Ceilings: 1
Walk-in Closet(s): 1
Other: 1
Property Condition
Updated/Remodeled: 1
Specialty Rooms
Laundry Room: 1
Other: 1
Building Style
Above Flood: Yes
Stories: 2 Stories
Windows/Doors
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 2
Garage: 1
Auto Door Opener: 1
Off Street Parking: 1
Security
On Premises System: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Negotiable: 1
Utilities
Buyer to Verify: 1
FKAA: 1
Municipal Sewer: 1
Propane: 1
Porch/Balcony
Open Porch/Balcony: 1
Patio: 1
Title
Negotiable: 1
Exterior Features
Chickee Hut: 1
Hot Tub: 1
Lanai: 1
Outdoor Kitchen: 1
Outdoor Shower: 1
Storage: 1
Water Display: 1
Pool Info
In Ground: 1
Decked: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Shutters
Accordion: 1
Status Change Info
Sold Date: 2019-02-11
Sold Price: $1,725,000
Status: Closed
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.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)