151 Cape Florida Dr Key Biscayne, FL 33149
Village of Key Biscayne NeighborhoodEstimated Value: $8,389,000 - $9,025,000
5
Beds
4
Baths
4,299
Sq Ft
$2,044/Sq Ft
Est. Value
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 2023Best 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
Keller Williams Capital Realty License #0688165 Listed on: 02/10/2023
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
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
Total Days on Market
262
Current Estimated Value
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
$5,151,567
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$3,636,271
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
-4.08%
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%
Similar Homes in Key Biscayne, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 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 | $350,000 | |
| Previous Owner | Montoya Ivan | $417,000 | |
| Previous Owner | Montoya Ivan | $250,000 | |
| Previous Owner | Montoya Ivan A | $1,600,000 | |
| Previous Owner | Montoya Ivan | $870,000 | |
| Previous Owner | Montoya Ivan | $650,000 | |
| Previous Owner | Montoya Ivan A | $770,000 | |
| Previous Owner | Montoya Ivan A | $770,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 Compared to Growth
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 | $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
78 Total Sales
-
Karel Lens
K
Buyer's Agent in 2023
Karel Lens
Kesk Global Realty
(305) 401-5050
1 in this area
3 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11338894
APN: 24-5205-024-0210
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