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312 E Caribbean Dr , Summerland, FL 33042

$2,400,000

3
beds
2
baths
1,337
sqft
1988
year built

OPEN WATER VIEWS. ENDLESS POSSIBILITIES. YOUR SUMMERLAND KEY WATERFRONT RETREAT. Some properties are all about the location - and this is one of them. Set along the open water in sought-after Summerland Key, this well-maintained 3-bedroom, 2-bath concrete home offers incredible unobstructed views, easy boating access, and the opportunity to create your own vision of Florida Keys living. Outside, the open-water setting takes center stage, with expansive views that bring the beauty of the Florida Keys into everyday life. The concrete construction offers a solid foundation, while the fenced property and electric entry gate provide added convenience. From the covered screened balcony upstairs, you can soak in the beauty and catch spectacular sunset views. The existing interior retains its original character, providing a wonderful starting point for buyers ready to reimagine the space and make it their own. Whether your dream is a modern coastal retreat, a relaxed waterfront getaway, or a personal island escape, the possibilities are here. For boaters, waterfront living is about more than a view - it's about getting out on the water and enjoying everything the Keys have to offer. Here, the setting provides the backdrop for days spent exploring, fishing, lobstering, and returning home to spectacular open-water scenery. Straight access to the Atlantic and Gulf waters. Opportunities to secure an open-water property in Summerland Key and transform it to suit your own style are increasingly appealing. Bring your vision, embrace the location, and create something special in the Florida Keys. The views are already here. The next chapter is yours to create.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1988
  • 0.14 Acre Lot
  • Waterfront
  • 21 days on Market

  • Bedrooms
    3
  • Bathrooms
    2
  • Year Built
    1988
  • Parking Features
    RV Access/Parking, Open, Covered, Off Street, Storage
  • Interior Features
    Pantry
  • Appliances
    Dryer, Dishwasher, Refrigerator, Washer, Range, Oven
  • Flooring
    Tile
  • Furnished
    Furnished
  • Exterior Features
    Storage
  • Security Features
    Smoke Detector(s)
  • Cooling
    Ceiling Fan(s), Central Air
  • Heating
    Electric

  • Acres
    0.14
  • Water Front Features
    Canal Front
  • Water Front
    Yes
  • View
    Canal
  • Utilities
    Cable Available

  • Area
    08 - Summerland Key
  • County
    Monroe
  • City
    Summerland
  • Neighborhood
    Summerland Key Cove (25.0)
  • Zip Code
    33042

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Price History

10/25/2026 Listed $2,400,000
Source: Florida Keys Board of REALTORS #621795

Source: MLS Data

Mortgage History

09/07/2007 Unknown $264,000
09/25/2002 Conventional $276,000
09/25/2002 Credit Line (Revolving) / HELOC $100,000
04/17/2001 Conventional $275,000

Source: Public records via Constellation Data Labs

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Frequently Asked Questions

How do I schedule a tour of 312 E Caribbean Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 312 E Caribbean Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 312 E Caribbean Dr?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $2,400,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Summerland, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 312 E Caribbean Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 312 E Caribbean Dr at around $14,304. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 312 E Caribbean Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Monroe County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 312 E Caribbean Dr?

In most cases, yes. Whether 312 E Caribbean Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Summerland's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 312 E Caribbean Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Summerland and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $2,400,000 with 1,337 sqft of space—that comes out to approximately $1,795 per square foot.

How long has this property been on the market?

312 E Caribbean Dr was listed on October 25, 2026, which means it's been on the market for 21 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1988, making it approximately 38 years old.

What is the lot size of this property?

312 E Caribbean Dr sits on a 0.14-acre lot, which is 6,098 square feet.

What are the property taxes for 312 E Caribbean Dr?

The most recent public record shows annual property taxes for 312 E Caribbean Dr were approximately $7,753. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 312 E Caribbean Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026 Florida Keys Board of REALTORS®, Inc.