NOT LISTED FOR SALE

Estimated Value: $7,652,000 - $17,721,687

7 Beds
6.5 Baths
6,333 Sq Ft
$1,985/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $18,000,000 $2,842 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $76,332/month

154 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Waterfront
  • Key Biscayne K-8 Center Rated A-
  • Outdoor Pool
  • 29,100 Sq Ft lot

About This Home

As of April 2024

Nestled on one of Key Biscayne’s most exclusive streets, this island estate boasts 300+ FT of waterfront on a peninsula, with a sweeping 180-degree panorama of sunsets over the Cape Florida State Park. Ideal for Boaters, it accommodates a 100+ FT yacht & direct Biscayne Bay access. The 29,100SF lot equals two waterfront lots by Key Biscayne’s standards, also allowing for jet skis, kayaks, paddleboards & open green space for kids’ play. Enjoy added privacy with no neighbors across the waterway, frequented by dolphins & manatees. This family-friendly home has a Feng shui design that creates a harmonious flow of energy & allows for a constant breeze, best enjoyed from the gazebo. Designed for resort-style living with exceptional indoor-outdoor spaces, it's the ideal retreat for island living.

Last Agent to Sell the Property

Claudine Coto

One Sotheby's International Realty License #3223767 Listed on: 11/02/2023

One Sotheby's International Realty

Last Buyer's Agent

Giulietta Ulloa

BHHS EWM Realty License #0658811

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $102,855

Year Built

  • Built in 1997

Lot Details

  • 0.67 Acre Lot
  • Waterfront
  • Southeast Facing Home
  • Property is zoned 2000

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Driveway
  • Open Parking

Property Views

  • Ocean
  • Canal

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,333 Sq Ft Home
  • Built-In Features
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Patio
  • Exterior Lighting

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Cape Fla Sub Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-011-0180

Home Details

Home Type

Single Family

Est. Annual Taxes

$102,855

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Other
  • Carport Y N: Yes
  • Directions: Drive south on Harbor Drive, pass the fountain on Mashta Dr & make a left on the next street, Island Drive. Drive East on Island Drive & make a right on Mariner Drive. 1095 Mariner Dr is at the end of the cul-de-sac.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other, Over 101 Ft Boat
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CAPE FLA SUB SEC 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Other Equipment/Appliances, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Fire Sprinklers, Entrance Foyer, French Doors, Family Room, Other
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Other
  • Furnished: Unfurnished
  • Living Area: 6333
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room, Other

Exterior Features

  • Roof: Other
  • View: Canal, Ocean
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CAPE FLA SUB SEC 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Fire Sprinklers

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-011-0180
  • Lot Size Sq Ft: 29100
  • Zoning: 2000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 102855

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Apr 5, 2024
Sold by
Mcnamara James M and Mcnamara Lana
Bought by
1095 Mariner Corp
Seller's Agent
Claudine Coto
One Sotheby's International Realty
Buyer's Agent
Giulietta Ulloa
BHHS EWM Realty
List Price
$22,500,000
Sold Price
$18,000,000
Premium/Discount to List
-$4,500,000
-20%
Views
133
Current Estimated Value
$12,568,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,431,771
Avg. Annual Appreciation
-22.49%
Original Mortgage
$11,700,000
Outstanding Balance
$11,527,269
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,040,960

Purchase Details

Closed on
Jan 15, 2004
Sold by
Vilhena Kathy
Bought by
Mcnamara James M and Mcnamara Lana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2003
Sold by
Vilhena Sergio and Vilhena Kathy
Bought by
Vilhena Kathy

Purchase Details

Closed on
Oct 23, 1995
Sold by
Mariner Drive Corp
Bought by
Vilhena Sergio and Vilhena Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
7.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
1095 Mariner Corp $18,000,000 None Listed On Document
Mcnamara James M $5,600,000 --
Vilhena Kathy -- --
Vilhena Sergio $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1095 Mariner Corp $11,700,000
Previous Owner Mcnamara James M $2,500,000
Previous Owner Vilhena Sergio $1,880,000
Previous Owner Vilhena Sergio $1,200,000
Previous Owner Vilhena Sergio $339,466
Previous Owner Vilhena Sergio $892,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $18,000,000 -20.0% $2,842 / Sq Ft
11/02/2023 11/02/23 For Sale $22,500,000 -- $3,553 / Sq Ft
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 $100,577 $13,075,733 $11,331,315 $1,744,418
2024 $107,117 $6,319,703 -- --
2023 $107,117 $6,631,702 $0 $0
2022 $102,855 $6,438,546 $0 $0
2021 $103,325 $6,251,016 $0 $0
2020 $101,183 $6,164,711 $0 $0
2019 $99,136 $6,026,111 $0 $0
2018 $94,121 $5,913,750 $0 $0
2017 $92,984 $5,792,116 $0 $0
2016 $93,209 $5,672,984 $0 $0
2015 $94,593 $5,633,550 $0 $0
2014 $96,032 $5,588,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11479840

MIAMI REALTORS® MLS

APN: 24-5205-011-0180