NOT LISTED FOR SALE

108 Reef Ln Key Biscayne, FL 33149

Estimated Value: $6,678,000 - $9,851,566

6 Beds
5.5 Baths
5,000 Sq Ft
$1,760/Sq Ft Est. Value

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Gated Community
  • Marble Flooring

About This Home

As of August 2020

Upgraded and furnished Villa at Oceana Key Biscayne. This 2 level residence features a media room, marble floors, high ceilings, electric blinds with Savant pro automated smart home system. Italian Snaidero Kitchen & Miele appliances, exquisite Ornare closets, and high-quality furniture. Private heated pool with deck and barbecue. NO SHORT TERM RENTALS - 1 YEAR LEASE MINIMUM

Last Agent to Rent the Property

Claudio Iglesias

Brickell Realty Group, LLC License #3283439 Listed on: 04/27/2020

Brickell Realty Group, LLC

Last Renter's Agent

Laly Rasco

Compass Florida, LLC License #0703359

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 10,000 Sq Ft Lot
  • East Facing Home
  • Property is zoned 5000

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 5,000 Sq Ft Home
  • Furnished
  • Great Room
  • Family Room
  • Formal Dining Room
  • Utility Room in Garage
  • Marble Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 4/27/20
  • Assessor Parcel Number 24-42-32-029-1500

Community Details

Overview

  • No Home Owners Association
  • Oceana Key Biscayne Condo Subdivision

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

Parking

4

Rental Info

  • Pets Allowed: More Than 20 Lbs
  • Available Date: 2020-04-27

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2014
  • Property Sub Type: Single Family Residence
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: OCEANA KEY BISCAYNE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Fire Sprinklers, Laundry Tub, Walk-In Closet(s), Family Room, Great Room, Utility/Laundry In Garage
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 5000
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Great Room, Utility/Laundry In Garage

Exterior Features

  • Roof: Other
  • View: Garden, Other
  • Exterior Features: Barbeque, Open Balcony
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground, Equipment Stays, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OCEANA KEY BISCAYNE CONDO
  • Covered Parking Spaces: 4
  • Garage Spaces: 4

Utilities

  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, In Garage
  • Security: Fire Sprinklers, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Clubhouse, Pool, Exercise Room, Gated Community, Sauna

Lot Info

  • Parcel Number: 24-42-32-029-1500
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10000
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Oceana Villa Eight Llc
Bought by
Le Petit Domaine Del Agua Llc and The 108 Reef Lane Land Trust
Current Estimated Value
$8,797,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,038,254
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$5,759,638

Purchase Details

Closed on
Oct 7, 2014
Sold by
Consultatio Key Biscayne Llc
Bought by
Oceana Villa Eight Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Le Petit Domaine Del Agua Llc $5,800,000 Slosbergas Nelson
Le Petit Domaine Del Agua Llc $5,800,000 Slosbergas Nelson
Oceana Villa Eight Llc $5,350,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Petit Domaine Del Agua Llc $4,000,000
Closed Le Petit Domaine Del Agua Llc $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Rented $25,000 -16.7% --
07/17/2020 07/17/20 Under Contract -- -- --
04/27/2020 04/27/20 For Rent $30,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $106,291 $7,018,500 -- --
2024 $107,990 $6,820,700 -- --
2023 $107,990 $6,820,700 $0 $0
2022 $77,623 $4,871,900 $0 $0
2021 $68,839 $4,300,000 $0 $0
2020 $70,994 $4,300,000 $0 $0
2019 $66,470 $4,016,000 $0 $0
2018 $66,994 $4,183,088 $0 $0
2017 $71,131 $4,403,250 $0 $0
2016 $70,690 $4,275,000 $0 $0
2015 $76,050 $4,500,000 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10850472

MIAMI REALTORS® MLS

APN: 24-4232-029-1500