NOT LISTED FOR SALE

Estimated Value: $6,127,994 - $8,743,000

4 Beds
5.5 Baths
4,789 Sq Ft
$1,517/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $7,100,000 $1,483 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $48,481/month

293 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Sitting Area In Primary Bedroom
  • Deeded Boat Dock
  • In Ground Pool
  • 3-minute walk to Arch Creek East Environmental Preserve

About This Home

As of January 2024

Located in the gated waterfront community of Keystone Islands, this oversized 17,896 SF lot boasts 103 FT of water frontage, with spectacular east facing wide bay views. Build your dream or renovate this spacious 4-bed + office two story home, with an open floor plan, bright rooms, large pool, and lush landscaped gated entry area. Enjoy views of Biscayne Bay, Bay Harbor, Bal Harbour, and the Sunny Isles skyline. Imagine waking up to breathtaking sunrises every morning from your waterfront residence. Located on a quiet cul-de-sac, this property is a boater's dream with a 50 ft private dock, deep water dockage and no fixed bridges.

Last Agent to Sell the Property

Jonathan Mann

Coldwell Banker Realty License #3092781 Listed on: 03/17/2023

Coldwell Banker Realty

Last Buyer's Agent

Marine BENSOUSSAN GUIMEZ

Miami Forever Real Estate License #3296633

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,691

Year Built

  • Built in 1969

Lot Details

  • 0.41 Acre Lot
  • 103 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Fenced
  • Property is zoned 0900

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Property Views

  • Intracoastal
  • Bay

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,789 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Drapes & Rods
  • Blinds
  • Formal Dining Room
  • Den
  • Partial Accordion Shutters

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Deeded Boat Dock
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06-22-28-021-0120

Community Details

Overview

  • No Home Owners Association
  • Keystone Island No 5 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,691

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Directions: US-1/Biscayne Blvd to Keystone Blvd (East). Turn left onto N. Bayshore Dr. (Go over bridge to Island No. 5) Turn right on Biscayne Bay Dr: Turn left to stay on Biscayne Bay Dr. and house will be on your right, right before the cul-de-sac.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Private Dock, Dock Owned/Included,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: KEYSTONE ISLAND NO 5
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Pantry, Stacked Bedroom, Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 4789
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Secondary
  • Window Features: Partial Accordian Shutters, Blinds, Drapes
  • 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: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Intracoastal View
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KEYSTONE ISLAND NO 5
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 06-22-28-021-0120
  • Lot Size Sq Ft: 17896
  • Zoning: 0900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 26691

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jan 26, 2024
Sold by
Daniel Kokiel Declaration Of Trust and Kokiel Joel
Bought by
Koumetz Gerard
Seller's Agent
Jonathan Mann
Coldwell Banker Realty
Buyer's Agent
Marine BENSOUSSAN GUIMEZ
Miami Forever Real Estate
List Price
$8,500,000
Sold Price
$7,100,000
Premium/Discount to List
-$1,400,000
-16.47%
Views
260
Current Estimated Value
$7,266,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,499
Avg. Annual Appreciation
-4.32%

Purchase Details

Closed on
Aug 13, 2021
Sold by
Kokiel Daniel
Bought by
Kokiel Daniel and Daniel Kokiel Declaration Of T
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
Koumetz Gerard $7,100,000 None Listed On Document
Kokiel Daniel -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kokiel Daniel $720,000
Previous Owner Kokiel Daniel $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $7,100,000 -5.2% $1,483 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $7,490,000 -6.3% $1,564 / Sq Ft
06/17/2023 06/17/23 Price Changed $7,995,000 -5.9% $1,669 / Sq Ft
03/17/2023 03/17/23 For Sale $8,500,000 -- $1,775 / 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 $121,281 $5,971,888 $5,368,800 $603,088
2024 $27,507 $5,428,651 $4,563,480 $865,171
2023 $27,507 $1,235,466 $0 $0
2022 $26,691 $1,199,482 $0 $0
2021 $26,637 $1,164,546 $0 $0
2020 $26,383 $1,150,820 $0 $0
2019 $25,842 $1,124,947 $0 $0
2018 $24,884 $1,103,972 $0 $0
2017 $24,662 $1,081,266 $0 $0
2016 $24,370 $1,059,027 $0 $0
2015 $24,941 $1,051,666 $0 $0
2014 $25,142 $1,043,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11356227

MIAMI REALTORS® MLS

APN: 06-2228-021-0120