NOT LISTED FOR SALE

120 Cape Florida Dr Key Biscayne, FL 33149

Estimated Value: $6,776,000 - $10,425,238

5 Beds
5 Baths
5,165 Sq Ft
$1,665/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $6,824,000 $1,321 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $52,383/month

113 Days on Market

Highlights

  • Property has ocean access
  • In Ground Pool
  • Home fronts a canal
  • Key Biscayne K-8 Center Rated A-
  • 17,200 Sq Ft lot
  • Maid or Guest Quarters

About This Home

As of January 2021

Key Biscayne waterfront in Cape Florida on Pines Canals. Refreshingly scaled for gracious living. This unique custom home designed by architect John Albert Weller features vaulted ceilings throughout, 5 bedrooms 5 full baths 1 powder bath. The understated interiors; all with water views, Gourmet kitchen with Wolfe gas stove, Miele dishwasher, Subzero refrigerator freezer, subzero wine cooler and a subzero ice maker & pantry. The exterior features lush landscaping for privacy with an open layout patio area great for entertaining with a gazebo, pool. The new recently built dock in IPE, can moor a large vessel, has a sun deck, new piles, fortified seawall, no bridges to bay the waterfrontage is 100 ft the lot is over 17,000 sq feet. This rustic home is one of a kind.

Last Agent to Sell the Property

O. Cristina Murciano

One Sotheby's International Realty License #0408053 Listed on: 08/05/2020

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

  • $82,847

Year Built

  • Built in 1979

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100x172
  • Home fronts a canal
  • North Facing Home
  • Fenced
  • Property is zoned 2000

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5,165 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Blinds
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Canal Views
  • Security System Leased

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • 5 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Balcony
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cape Florida Sub Sec 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-024-0370

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,847

Year Built

Built in 1979

Lot Details

0.39 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lot Size: 100x172
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CAPE FLORIDA SUB SEC 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters
  • Spa Yn: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 5165
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Metal Roof
  • View: Canal
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: Wood Siding
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: CAPE FLORIDA SUB SEC 3
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security System Leased

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-024-0370
  • Lot Size Sq Ft: 17200
  • Zoning: 2000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 82847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Jan 25, 2021
Sold by
Murciano Enrique and Murciano Cristina
Bought by
Narvaez Francisco and Narvaez Valentina
Seller's Agent
O. Cristina Murciano
One Sotheby's International Realty
Buyer's Agent
Giulietta Ulloa
BHHS EWM Realty
List Price
$7,290,000
Sold Price
$6,824,000
Premium/Discount to List
-$466,000
-6.39%
Current Estimated Value
$8,600,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,776,619
Avg. Annual Appreciation
4.68%
Original Mortgage
$5,000,000
Outstanding Balance
$4,469,629
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$4,130,990

Purchase Details

Closed on
Oct 7, 2015
Sold by
Guggenheim Gerda
Bought by
Gerda Guggenheim Family Limited Partners
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Narvaez Francisco $6,824,000 Attorney
Murciano Enrique $6,597,000 Attorney
Gerda Guggenheim Family Limited Partners -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narvaez Francisco $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $6,824,000 -6.4% $1,321 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $7,290,000 -- $1,411 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $97,455 $6,286,135 -- --
2024 $110,535 $6,068,322 -- --
2023 $110,535 $5,891,575 $0 $0
2022 $99,042 $6,278,105 $5,590,000 $688,105
2021 $81,871 $4,907,252 $4,214,000 $693,252
2020 $80,569 $4,876,247 $4,214,000 $662,247
2019 $80,915 $4,885,395 $4,214,000 $671,395
2018 $82,847 $5,169,746 $4,489,200 $680,546
2017 $83,122 $4,906,750 $0 $0
2016 $94,661 $5,721,247 $0 $0
2015 $82,102 $4,537,245 $0 $0
2014 $80,127 $4,124,769 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2021

    O. Cristina Murciano

    One Sotheby's International Realty

    (305) 205-8994

    1 Total Sale

    O. Cristina Murciano
    Section Image
  • Giulietta Ulloa

    Buyer's Agent in 2021

    Giulietta Ulloa

    BHHS EWM Realty

    (305) 710-6620

    77 in this area

    128 Total Sales

    Giulietta Ulloa
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10905463

MIAMI REALTORS® MLS

APN: 24-5205-024-0370

Florida Miami/Dade County Key Biscayne 33149

120 Cape Florida Dr, Key Biscayne, FL

Not Listed for Sale

Detached

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