NOT LISTED FOR SALE

181 Island Dr Key Biscayne, FL 33149

Estimated Value: $4,619,618 - $4,872,000

5 Beds
5 Baths
3,498 Sq Ft
$1,352/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $3,455,000 $988 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $29,148/month

Highlights

  • Outdoor Pool
  • No HOA
  • Circular Driveway
  • Key Biscayne K-8 Center Rated A-
  • Cooking Island
  • High Impact Door

About This Home

As of July 2023

Bright, modern, and completely renovated! This hard-to-find, one-story, 6-bed home, has a great open floor plan with a dining room, a formal living room, and a spacious kitchen with family room. Located on an extraordinary oversized lot 12,000sf with a spacious patio, pool, and lush professional landscaping, in a quiet and tropical street.

Last Agent to Rent the Property

Maria Pina Horta

Cervera Real Estate Inc. License #3569343 Listed on: 06/14/2023

Cervera Real Estate Inc.

Last Renter's Agent

Maria Pina Horta

Cervera Real Estate Inc. License #3569343 Listed on: 06/14/2023

Cervera Real Estate Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 2000

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Interior Spaces

  • 3,498 Sq Ft Home
  • Built-In Features

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Leased
  • High Impact Door

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/26/23
  • Assessor Parcel Number 24-52-05-010-0100

Community Details

Overview

  • No Home Owners Association
  • Cape Florida Sub Sec 1 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0.28 Acres

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2023-06-26

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: CAPE FLORIDA SUB SEC 1
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Furnished: Unfurnished
  • Living Area: 3498
  • Bedroom Features: Entry Level

Exterior Features

  • Direction Faces: South
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Pool Features: Private
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CAPE FLORIDA SUB SEC 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Spaces, Circular Driveway

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Security System Leased

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 24-52-05-010-0100
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 12000
  • Zoning: 2000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 18, 2021
Sold by
181 Island Llc
Bought by
275 Harbor Drive Llc
Seller's Agent
Alina De la Vega
One Sotheby's International Realty
Buyer's Agent
Eloisa Alonso
IRG
List Price
$3,500,000
Sold Price
$3,455,000
Premium/Discount to List
-$45,000
-1.29%
Current Estimated Value
$4,730,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,275,905
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Sep 9, 2015
Sold by
Maclean Felipe and Maclean Alina De La Vega
Bought by
181 Island Llc

Purchase Details

Listed on
Sep 12, 2012
Closed on
Dec 7, 2012
Sold by
Batlle Claudia and Vela Roberto Alvarez
Bought by
Maclean Felipe
Seller's Agent
Brigitte Nachtigall
One Sotheby's International Realty
Buyer's Agent
Alina De la Vega
One Sotheby's International Realty
List Price
$2,050,000
Sold Price
$2,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$1,640,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2006
Sold by
Sapetnitzky Claudio E and Battlee Claudia
Bought by
Battle Claudia

Purchase Details

Closed on
May 6, 2005
Sold by
Blasco Miguel
Bought by
Sapetnitzky Claudio E and Batlle Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
275 Harbor Drive Llc $3,455,000 Attorney
181 Island Llc $3,500,000 Attorney
Maclean Felipe $2,050,000 Attorney
Battle Claudia -- None Available
Sapetnitzky Claudio E $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maclean Felipe $1,640,000
Previous Owner Sapetnitzky Claudio E $1,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2023 07/12/23 Rented $18,500 -17.8% --
06/14/2023 06/14/23 For Rent $22,500 0.0% --
05/17/2022 05/17/22 Rented $22,500 +2.3% --
05/14/2022 05/14/22 Under Contract -- -- --
05/09/2022 05/09/22 For Rent $22,000 0.0% --
08/18/2021 08/18/21 Sold $3,455,000 -1.3% $988 / Sq Ft View Prior Sale
07/12/2021 07/12/21 For Sale $3,500,000 0.0% $1,001 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $3,500,000 0.0% $1,001 / Sq Ft
11/15/2019 11/15/19 Rented $10,000 0.0% --
10/15/2019 10/15/19 Under Contract -- -- --
09/30/2019 09/30/19 Price Changed $10,000 -35.5% $3 / Sq Ft
07/19/2019 07/19/19 For Rent $15,500 +3.3% --
03/01/2016 03/01/16 Rented $15,000 -99.3% --
02/02/2016 02/02/16 Under Contract -- -- --
12/17/2012 12/17/12 Sold $2,050,000 0.0% $567 / Sq Ft View Prior Sale
10/26/2012 10/26/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $2,050,000 -- $567 / 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 $57,613 $3,921,942 $3,120,000 $801,942
2024 $55,617 $3,572,001 -- --
2023 $55,617 $3,247,274 $0 $0
2022 $48,095 $2,952,068 $2,118,000 $834,068
2021 $38,749 $2,286,728 $1,662,000 $624,728
2020 $34,924 $2,111,618 $1,479,000 $632,618
2019 $39,456 $2,380,510 $1,740,000 $640,510
2018 $38,303 $2,388,403 $1,740,000 $648,403
2017 $45,856 $2,834,814 $0 $0
2016 $47,062 $2,842,658 $0 $0
2015 $30,401 $1,834,624 $0 $0
2014 $30,868 $1,820,064 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11403267

MIAMI REALTORS® MLS

APN: 24-5205-010-0100

Your Personal Tour Guide

Ask me questions while you tour the home.