NOT LISTED FOR SALE

Estimated Value: $6,219,000 - $10,668,084

6 Beds
7 Baths
5,313 Sq Ft
$1,656/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $6,900,000 $1,299 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $57,891/month

89 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • Key Biscayne K-8 Center Rated A-
  • New Construction
  • Home fronts a canal

About This Home

As of December 2020

New waterfront home! Completely ready for move in. 10,900 sqft lot, architectural design by Cesar Molina. Modern design with superior finish, 7100 sqft total area including balconies, 6 bedrooms/7 baths, 80 linear foot wood dock.

Last Agent to Sell the Property

Roberto Porcari

E Realty International, Inc. License #0668266 Listed on: 07/18/2020

Last Buyer's Agent

James Salas

E Realty International, Inc. License #0519934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,880

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x100
  • Home fronts a canal
  • North Facing Home
  • Property is zoned VE

Parking

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

Home Design

  • Flat Tile Roof

Interior Spaces

  • 5,313 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Marble Flooring
  • Canal Views
  • Electric Range
  • Washer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Full Bathrooms
  • Bidet
  • Dual Sinks

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cape Florida Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-010-0690

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,880

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Carport Y N: Yes
  • Directions: Take Crandon Blvd to Knollwood drive turn right then turn right on to Island drive
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 100x100
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Cape Florida Sub
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 5313
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room
  • Master Bathroom Features: Bidet, Dual Sinks

Exterior Features

  • Roof: Flat Tile
  • View: Canal
  • Exterior Features: Other
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Cape Florida Sub
  • Carport Spaces: 4
  • Covered Parking Spaces: 6
  • 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: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-010-0690
  • Lot Size Sq Ft: 10900
  • Zoning: VE
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 49880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Nov 24, 2020
Sold by
Laredo Real Estate Investments Inc
Bought by
Lucos Enterprises Llc
Seller's Agent
Roberto Porcari
E Realty International, Inc.
Buyer's Agent
James Salas
E Realty International, Inc.
List Price
$7,500,000
Sold Price
$6,900,000
Premium/Discount to List
-$600,000
-8%
Total Days on Market
89
Current Estimated Value
$8,800,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,900,695
Avg. Annual Appreciation
3.04%

Purchase Details

Listed on
Sep 23, 2011
Closed on
May 5, 2012
Sold by
Giovannetti Mark J and Giovannetti Holly
Bought by
Laredo Real Estate Investments Inc
Seller's Agent
Joan McCaughan
Coldwell Banker Realty
Buyer's Agent
Roberto Porcari
E Realty International, Inc.
List Price
$2,850,000
Sold Price
$2,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Apr 6, 2004
Sold by
Tudela Maria Milagros
Bought by
Giovannetti Mark J and Giovannetti Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 2, 2000
Sold by
Dreyfus Gilbert Adolphe Charles and Dreyfus Maria Julia
Bought by
Tudela Maria M
Source: Public Records

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Range of Values:

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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
Lucos Enterprises Llc $6,900,000 Homepartners Title Services
Laredo Real Estate Investments Inc $2,850,000 Attorney
Giovannetti Mark J $1,852,700 --
Tudela Maria M $880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucos Enterprises Llc $4,830,000
Previous Owner Giovannetti Mark J $1,250,000
Previous Owner Giovannetti Mark J $500,000
Previous Owner Giovannetti Mark J $155,000
Previous Owner Giovannetti Mark J $92,500
Previous Owner Giovannetti Mark J $1,482,160
Previous Owner Tudela Maria M $850,000
Previous Owner Tudela Maria M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $6,900,000 -10.3% $1,299 / Sq Ft
07/18/2020 07/18/20 Price Changed $7,695,000 +2.6% $1,448 / Sq Ft
07/18/2020 07/18/20 For Sale $7,500,000 +163.2% $1,412 / Sq Ft
05/15/2012 05/15/12 Sold $2,850,000 0.0% $1,014 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
09/23/2011 09/23/11 For Sale $2,850,000 -- $1,014 / 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
2024 $103,560 $6,763,357 $3,977,255 $2,786,102
2023 $103,560 $6,409,740 $3,594,633 $2,815,107
2022 $96,127 $5,873,055 $0 $0
2021 $88,986 $5,339,141 $2,466,905 $2,872,236
2020 $86,375 $5,227,416 $2,466,905 $2,760,511
2019 $40,909 $2,467,859 $2,466,905 $954
2018 $45,120 $2,936,418 $2,628,009 $308,409
2017 $46,916 $2,870,120 $0 $0
2016 $47,928 $2,609,200 $0 $0
2015 $49,880 $2,926,403 $0 $0
2014 $48,538 $2,660,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10894915

MIAMI REALTORS® MLS

APN: 24-5205-010-0690