NOT LISTED FOR SALE

151 Cape Florida Dr Key Biscayne, FL 33149

Estimated Value: $6,569,000 - $8,836,951

5 Beds
4 Baths
4,299 Sq Ft
$1,841/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $9,390,000 $2,184 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $49,636/month

262 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • In Ground Pool
  • Key Biscayne K-8 Center Rated A-
  • Private Dock
  • RV or Boat Parking

About This Home

As of October 2023

Best waterfront value on Key Biscayne! No bridges to bay & 88 feet on the water. Accommodates large yachts (turning basin). This lovingly maintained home on a no-traffic street is in excellent condition. This property is an excellent value surrounded by homes in the $20-$30 million plus range. Excellent home for entertaining with pool, generous patio area and gazebo by the water! Impact windows throughout. Ultra secure location at the end of Key Biscayne next to Bill Baggs Cape Florida State Park. Take your boat around the corner for lunch, dinner or drinks at Boater's Grill or The Cleat. Update and add value, build a modern masterpiece, rent it out for $20,000 plus or move right in to this beautifully maintained ocean access home. No mangroves or seaweed buildup at this property.

Last Agent to Sell the Property

Jason Smith

Keller Williams Capital Realty License #0688165 Listed on: 02/10/2023

Keller Williams Capital Realty

Last Buyer's Agent

Karel Lens

Kesk Global Realty License #3539877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,488

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • 100 Ft Wide Lot
  • Home fronts a canal
  • South Facing Home
  • Property is zoned 2000

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • RV or Boat Parking

Property Views

  • Ocean
  • Canal
  • Pool

Home Design

  • Tile Roof

Interior Spaces

  • 4,299 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Skylights
  • Den

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock
  • Balcony
  • Deck
  • Exterior Lighting
  • Shed

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 24-52-05-024-0210

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,488

Year Built

Built in 1970

Lot Details

0.32 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CAPE FLORIDA SUB SEC 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Skylight, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Tile, Vinyl
  • Furnished: Unfurnished
  • Living Area: 4299
  • Possible Use: Primary
  • Window Features: Skylight
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Den/Library/Office

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Canal, Ocean, Pool, Water
  • Exterior Features: Lighting, Open Balcony
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CAPE FLORIDA SUB SEC 3
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Rv/Boat Parking

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-024-0210
  • Lot Size Sq Ft: 14000
  • Zoning: 2000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 23488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
Ba 0208 Llc
Bought by
Torrado Agustin and Da Silva Ana
Current Estimated Value
$7,913,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200,000
Outstanding Balance
$5,118,071
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$2,795,579

Purchase Details

Listed on
Feb 10, 2023
Closed on
Oct 7, 2023
Sold by
Ivan Montoya Living Trust and De La Camara
Bought by
Ba 0208 Llc
Seller's Agent
Jason Smith
Keller Williams Capital Realty
Buyer's Agent
Karel Lens
Kesk Global Realty
List Price
$9,500,000
Sold Price
$9,390,000
Premium/Discount to List
-$110,000
-1.16%
Views
508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.02%
Original Mortgage
$7,000,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2019
Sold by
Montoya Ivan A
Bought by
Montoya Ivan A

Purchase Details

Closed on
Aug 25, 1995
Sold by
Spence J B
Bought by
Montoya Ivan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
7.58%

Purchase Details

Closed on
Aug 24, 1995
Sold by
Spence Maryann
Bought by
Montoya Ivan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
7.58%
Source: Public Records
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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
Ba 0208 Llc $9,390,000 None Listed On Document
Ba 0208 Llc $9,390,000 None Listed On Document
Montoya Ivan A -- Attorney
Montoya Ivan A $1,100,000 --
Montoya Ivan A -- --
Torrado Agustin $9,200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torrado Agustin $5,200,000
Previous Owner Ba 0208 Llc $7,000,000
Previous Owner Montoya Ivan A $770,000
Previous Owner Montoya Ivan A $770,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $9,390,000 -1.2% $2,184 / Sq Ft
02/10/2023 02/10/23 For Sale $9,500,000 -- $2,210 / 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 $106,903 $7,194,432 -- --
2024 $24,911 $6,719,640 $5,530,000 $1,189,640
2023 $24,911 $1,486,487 $0 $0
2022 $23,488 $1,443,192 $0 $0
2021 $23,529 $1,401,158 $0 $0
2020 $22,227 $1,381,813 $0 $0
2019 $21,763 $1,350,746 $0 $0
2018 $20,649 $1,325,561 $0 $0
2017 $20,402 $1,298,297 $0 $0
2016 $20,440 $1,271,594 $0 $0
2015 $20,737 $1,262,755 $0 $0
2014 $21,057 $1,252,734 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Smith

    Seller's Agent in 2023

    Jason Smith

    Keller Williams Capital Realty

    (786) 326-8115

    1 in this area

    69 Total Sales

    Jason Smith
    Section Image

  • K

    Buyer's Agent in 2023

    Karel Lens

    Kesk Global Realty

    (305) 401-5050

    1 in this area

    3 Total Sales

    Karel Lens
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11338894

MIAMI REALTORS® MLS

APN: 24-5205-024-0210

Florida Miami/Dade County Key Biscayne 33149

151 Cape Florida Dr, Key Biscayne, FL

Not Listed for Sale

Detached

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