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503 Caribbean Dr

Key Largo, FL 33037

3 bd 3 ba 1,678 sqft Built 1988 Lot 4,629 sqft single_family
Most recent sale
$1,000,000
Feb 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 27, 2023 Sold $1,000,000 MiamiMLS
Jan 2, 2023 Price changed $1,100,000 MiamiMLS
Oct 5, 2022 Listed $1,200,000 MiamiMLS
Oct 2, 2022 Listed $1,200,000 FloridaKeys
Aug 1, 1990 Sold $245,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $397,931 $572,723 $970,654 $8,468
2022 $300,746 $2,752
2021 $291,987 $2,781
2020 $287,956 $2,766
2019 $281,482 $2,719
2018 $276,234 $2,713
2017 $270,553 $2,660
2016 $264,989 $2,691
2015 $263,147 $2,730
2014 $261,059 $2,787
2013 $257,201 $2,814
2012 $252,902 $2,770
2011 $245,148 $2,742
2010 $241,525 $2,799
2009 $235,175 $2,567
2008 $234,940 $2,201
2007 $228,097 $1,787

Property facts

Year built
1988
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,678 sqft
Lot size
4,629 sqft
ZIP code
33037
City
Key Largo
Street
Caribbean Dr
Coordinates
25.09547, -80.43104

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,104
Gross rental yield
3.72%
Implied cap rate
2.42%
Trend-extrapolated value

Frequently asked questions

When did 503 Caribbean Dr last sell?
503 Caribbean Dr most recently sold on Feb 27, 2023 for $1,000,000.
What is the current tax assessment for 503 Caribbean Dr?
The most recent total assessment for 503 Caribbean Dr (year 2023) is $970,654 with $8,468 in property tax.
How does 503 Caribbean Dr's assessment compare to its last sale price?
The current assessment is 2.9% below the last sale price of $1,000,000.
When was 503 Caribbean Dr built?
503 Caribbean Dr was built in 1988.
How does 503 Caribbean Dr compare to others on Caribbean Dr?
We track 8 other properties on Caribbean Dr. Browse the list under "Other properties on Caribbean Dr" to compare beds, baths, and sale history.
What are the property facts for 503 Caribbean Dr?
503 Caribbean Dr is a 3 bed, 3 bath, 1,678 sqft, 4,629 sqft lot single_family.
Is 503 Caribbean Dr a flip candidate?
No — 503 Caribbean Dr does not appear in our flips dataset.
Is 503 Caribbean Dr a tax-appeal candidate?
No — 503 Caribbean Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$1.47M
2026 Q4
$1.45M
ZIP 33037 — Median Price History + Forecast

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