NOT LISTED FOR SALE

Estimated Value: $5,791,351 - $7,370,000

4 Beds
3.5 Baths
5,040 Sq Ft
$1,295/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $6,400,000 $1,270 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $41,304/month

285 Days on Market

Highlights

  • Property has ocean access
  • Boating
  • Heated In Ground Pool
  • Private Dock
  • Property fronts an intracoastal waterway
  • 2-minute walk to Arch Creek East Environmental Preserve

About This Home

As of May 2024

Welcome to Keystone Islands, waterfront gated community with panoramic crystal clear water views indirectly front of Sunbar, Bal Harbor & Three Islands. Enjoy outdoor living on the best island in Keystone Point 05, w/summer kitchen,pool, and 102 feet of water views of open Bay/Bal Harbour Bay, Downtown Miami Bay, & Sunny Isles skyline. New Truline seawall, private dock with 16/18 Feet depth, room for 100 ft yacht, only FIVE minutes out to sea. This exquisite home sits at the end of the street, traffic free & boosts over 5,040 sq ft of living space. Gigantic open floor plan with unique touches. Soaring volume ceilings w/splendid wood beams. Gourmet chefs kitchen opens to vast family room. Separate owners suite upstairs, large walk in closets, w/sitting room and terrace overlooking the bay.

Last Agent to Sell the Property

Jacob Abdala

Legacy Plus Realty Inc License #3152486 Listed on: 08/11/2023

Last Buyer's Agent

Joel Lusky

The Brokerage South Florida Real Estate, LLC. License #3280598

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,254

Year Built

  • Built in 1972

Lot Details

  • 0.35 Acre Lot
  • 102 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Fenced
  • Property is zoned 0900

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 5,040 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Family Room
  • Formal Dining Room
  • Marble Flooring
  • Bay Views
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Boat Lock
  • Private Dock
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06-22-28-021-0110

Community Details

Overview

  • No Home Owners Association
  • Keystone Island Subdivision

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,254

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlock,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: KEYSTONE ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Closet Cabinetry, Cooking Island, Other, Pantry, Roman Tub, Family Room, Great Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 5040
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Investment
  • Window Features: Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Great Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Other, Shingle
  • View: Bay
  • Exterior Features: Barbeque, Lighting
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KEYSTONE ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities, Boating

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 06-22-28-021-0110
  • Lot Size Sq Ft: 15270
  • Zoning: 0900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 55254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
May 23, 2024
Sold by
Cnp Xii Ventures Llc
Bought by
Lujo Inv Llc
Seller's Agent
Jacob Abdala
Legacy Plus Realty Inc
Buyer's Agent
Joel Lusky
The Brokerage South Florida Real Estate, LLC.
List Price
$8,300,000
Sold Price
$6,400,000
Premium/Discount to List
-$1,900,000
-22.89%
Views
173
Current Estimated Value
$6,527,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,088
Avg. Annual Appreciation
-1.89%

Purchase Details

Listed on
Aug 11, 2023
Closed on
Apr 15, 2024
Sold by
Coelho Aderbal and Coelho Lysandra
Bought by
Cnp Xii Ventures Llc
Seller's Agent
Jacob Abdala
Legacy Plus Realty Inc
Buyer's Agent
Joel Lusky
The Brokerage South Florida Real Estate, LLC.
List Price
$8,300,000
Sold Price
$6,400,000
Premium/Discount to List
-$1,900,000
-22.89%
Views
173

Purchase Details

Closed on
Jul 18, 2008
Sold by
Pettit Marg Aret M and Pettit Margaret M
Bought by
Coelho Aderbal

Purchase Details

Closed on
Aug 25, 2004
Sold by
Fine Rhonda
Bought by
Pettit Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 1998
Sold by
Friedman Harvey D and Friedman Deborah N
Bought by
Fine Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,200
Interest Rate
7.14%
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
Lujo Inv Llc $6,400,000 None Listed On Document
Lujo Inv Llc $6,400,000 None Listed On Document
Cnp Xii Ventures Llc -- None Listed On Document
Cnp Xii Ventures Llc -- None Listed On Document
Coelho Aderbal $2,235,000 Attorney
Pettit Margaret M $2,400,000 Title 2000
Fine Rhonda $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coelho Aderbal $2,000,000
Previous Owner Coelho Aderbal $1,155,000
Previous Owner Pettit Margaret M $1,650,000
Previous Owner Fine Rhonda $322,700
Previous Owner Fine Rhonda $400,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $6,400,000 -7.9% $1,270 / Sq Ft
03/20/2024 03/20/24 Price Changed $6,950,000 -12.0% $1,379 / Sq Ft
11/15/2023 11/15/23 Price Changed $7,899,000 -4.8% $1,567 / Sq Ft
08/11/2023 08/11/23 For Sale $8,300,000 -- $1,647 / 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 $82,015 $5,171,023 $4,581,000 $590,023
2024 $63,517 $3,234,603 -- --
2023 $63,517 $2,548,653 $0 $0
2022 $55,254 $2,316,958 $0 $0
2021 $49,167 $2,106,326 $1,855,305 $251,021
2020 $49,316 $2,108,382 $1,855,305 $253,077
2019 $45,009 $1,916,333 $1,649,160 $267,173
2018 $41,113 $1,781,066 $1,511,730 $269,336
2017 $54,396 $2,343,157 $0 $0
2016 $52,549 $2,179,232 $0 $0
2015 $49,447 $1,981,120 $0 $0
2014 $44,631 $1,801,019 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11434732

MIAMI REALTORS® MLS

APN: 06-2228-021-0110