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$1,185,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,188 Sq. Ft.
  • Updated 3 days ago
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OVERSIZED GARAGE. WATERFRONT LIVING. Bring the boat, tackle, dive gear, kayaks, and all the Keys toys-there's room for everything at 706 Caribbean Drive East. With canal frontage, a 10,000-pound boat lift, and quick ocean access, this property is built for life on the water. The massive 1,188-square-foot garage below is a dream setup for serious boaters, offering space for storage, a workshop, multiple vehicles, and gear. Inside you'll love the kitchen set up for cooking and entertaining. Hardi-board siding, new metal roof (installed in 2018), and a fenced yard complete the exterior. If you've been searching for waterfront living without sacrificing storage, this Summerland Key Cove home delivers.

Full Property Details for 706 E Caribbean Dr

General

  • Price: $1,185,000
  • Taxes: $879 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 927
  • MLS ID: 620281
  • Updated: 6/14/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: Workshop, Granite Counter Top, Smoke Alarms
  • Appliances: Stainless Steel Appliance(s), Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Combo

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Fire Hydrant, Airport/Runway

Exterior

  • Exterior Features: Rain Gutters, Fencing, Storage
  • Deck/Patio: Open Porch/Balcony, Deck, Patio
  • Porch/Patio/Deck: Open Porch/Balcony, Deck, Patio

Parking

  • Garage: Yes
  • Parking Features: Open, Off Street, Covered, Carport

Location

  • Area: 08 - Summerland Key
  • County: Monroe
  • Subdivision: Summerland Key Cove (25.0)
  • Driving Directions: US1 (MM24) at Slice of Paradise, turn ocean-side on Caribbean Drive. LEFT on East Caribbean Drive. After the bend in the road, house is on the right-hand side.

Community

  • Assoc. Fees Include: None
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fans(s)
  • Heating Type: Electric

Structural Information

  • Architectural Style: Above Flood
  • Construction: Hardi Board Siding
  • Roof: Metal
  • Windows/Doors: Sliding Glass Doors, Shutters
  • Square Feet: 1,188
  • Sq. Ft. Source: Property Data Card
  • Year Built: 1999

Lot Features

  • Property View: Canal
  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,400
  • Lot Size Source: Property Data Card
  • Lot Dimensions: irregular (Appro x 44' x 125' x 91' x 133')
  • Zoning: IS - Improved Subivision District

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Canal Front

Financial Considerations

  • Tax Amount: $879.64
  • Tax Year: 2025
  • Terms: Cash, Conventional, VA Loan, FHA

Disclosures and Reports

  • Legal Description: BK 4 PT LT 32 SUMMERLAND KEY COVE ADDITION 5 SUMMERLAND KEY PB5-40
  • Flood Zone: AE-Yes0
  • APN: 00192360-000000

Listed by Keller Williams Key West Compass Realty, Donna Pezzi (305) 304-2602

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Listing agent

— 706 E Caribbean Dr —

  • Donna Pezzi

    Keller Williams Key West Compass Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 706 E Caribbean Dr

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Sugarloaf School
255 Crane Boulevard, Summerland Key, FL 33042
PK-85.5 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-1222.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 706 E Caribbean Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/14/2026
Listed
$1,185,000
48.31%
MLS
8/10/2021
Sold
$799,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 706 E Caribbean Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$851
—
$755,487
3%
2024
$851
-87%
$734,196
3%
2023
$6,398
794%
$712,812
52%
2021
$716
-88%
$467,995
-32%
2022
$6,209
103%
$689,769
152%
2015
$3,058
-3%
$273,933
1%
2014
$3,140
-1%
$271,759
1%
2013
$3,174
—
$267,743
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Key West Compass Realty, Donna Pezzi (305) 304-2602

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706 E Caribbean Drive, Summerland Key, FL 33042 (MLS# 620281) is a Single Family property with 3 bedrooms and 2 full bathrooms. 706 E Caribbean Drive is currently listed for $1,185,000 and was received on June 14, 2026. Want to learn more about 706 E Caribbean Drive? Do you have questions about finding other Single Family real estate for sale in Summerland Key? You can browse all Summerland Key real estate or contact a Coldwell Banker agent to request more information.

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