NOT LISTED FOR SALE

202 Sunrise Dr Key Biscayne, FL 33149

Estimated Value: $1,483,000 - $2,233,000

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold March 10, 2022

Last sale price $8,300,000

Current estimated payment $10,899/month

201 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • 4-minute walk to Lake Park
  • Key Biscayne K-8 Center Rated A-

About This Lot

As of March 2022

Unique opportunity for development or remodel on 29,700 SF + lot, just steps from the beach in Key Biscayne! Plans approved and valid for a luxurious boutique four-story condominium featuring 11 three-bedroom units and rooftop amenities. The existing two-story building includes 12 two-bedroom units, actively rented with flexible lease terms. Interesting possibility exists to convert to short term rentals which are high in demand. The exclusive island of Key Biscayne offers a lively community with a ‘small town’ feel, top ‘A’ rated schools, boutiques, gourmet restaurants, miles of beaches and the Yacht Club all a short walk or golf cart ride away.

Last Agent to Sell the Property

Claudine Coto

One Sotheby's International Realty License #3223767 Listed on: 07/23/2021

One Sotheby's International Realty

Last Buyer's Agent

Angel Nicolas

Serhant License #3371634

Serhant

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $69,344

Lot Details

  • North Facing Home
  • Landscaped with Trees
  • Additional Parcels
  • Property is zoned 4900

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bahama House South Condo
  • Bahama House South Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-018-0010

Property Details

Property Type

Land

Est. Annual Taxes

$69,344

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: BAHAMA HOUSE SOUTH CONDO
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: North
  • Lot Features: Other Soil Type, Other
  • Other Structures: Well Kept
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAHAMA HOUSE SOUTH CONDO

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Cable Available, Electricity Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 24-52-05-018-0010
  • Additional Parcels: Yes
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 69344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2025
Sold by
M778 Llc
Bought by
Key Cassa 200A Llc
Current Estimated Value
$1,970,920

Purchase Details

Closed on
Nov 26, 2024
Sold by
Bahama Sunrise Llc
Bought by
M778 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2021
Closed on
Mar 10, 2022
Sold by
202 Sunrise Holdings Llc
Bought by
Bahama Sunrise Llc
Seller's Agent
Claudine Coto
One Sotheby's International Realty
Buyer's Agent
Angel Nicolas
Serhant
List Price
$9,990,000
Sold Price
$8,300,000
Premium/Discount to List
-$1,690,000
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.10%
Original Mortgage
$5,400,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2015
Sold by
Lercari Dora
Bought by
202 Sunrise Holdings Llc

Purchase Details

Closed on
Feb 21, 2012
Sold by
Africa Iv Llc
Bought by
Lercari Dora

Purchase Details

Closed on
Oct 20, 2011
Sold by
Lunt Denham C
Bought by
Aftica Iv Llc

Purchase Details

Closed on
Feb 16, 2010
Sold by
Lunt James H
Bought by
Lunt Denham C

Purchase Details

Closed on
Feb 4, 2010
Sold by
Lunt Denham C and Lunt James H
Bought by
Lunt Denham C and Lunt James H

Purchase Details

Closed on
Apr 10, 2000
Sold by
Neilson Linda M and Neilson John C
Bought by
Lunt Denham C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Key Cassa 200A Llc $2,000,000 None Listed On Document
M778 Llc $1,900,000 Rte Title
M778 Llc $1,900,000 Rte Title
Bahama Sunrise Llc $8,300,000 Ritter Zaretsky Lieber & Jaime
Bahama Sunrise Llc $8,300,000 None Listed On Document
202 Sunrise Holdings Llc $600,000 Attorney
Lercari Dora -- Attorney
Aftica Iv Llc $295,000 Attorney
Lunt Denham C $73,200 Attorney
Lunt Denham C -- Attorney
Lunt Denham C $50,400 --
Lunt Denham C $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M778 Llc $1,900,000
Previous Owner Bahama Sunrise Llc $5,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $8,300,000 -16.9% --
02/09/2022 02/09/22 Pending -- -- --
07/23/2021 07/23/21 For Sale $9,990,000 -- --
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 $7,114 $1,443,750 -- --
2024 $6,892 $439,621 -- --
2023 $6,892 $418,687 $0 $0
2022 $6,321 $385,000 $0 $0
2021 $5,962 $350,000 $0 $0
2020 $5,779 $350,000 $0 $0
2019 $6,952 $420,000 $0 $0
2018 $7,643 $477,210 $0 $0
2017 $7,709 $477,210 $0 $0
2016 $7,891 $477,210 $0 $0
2015 $4,722 $318,140 $0 $0
2014 $3,669 $192,016 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Claudine Coto

    Seller's Agent in 2022

    Claudine Coto

    One Sotheby's International Realty

    (305) 389-6229

    45 in this area

    46 Total Sales

    Claudine Coto
    Section Image
  • Angel Nicolas

    Buyer's Agent in 2022

    Angel Nicolas

    Serhant

    (305) 336-0916

    3 in this area

    73 Total Sales

    Angel Nicolas
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11075061

MIAMI REALTORS® MLS

APN: 24-5205-018-0010

Florida Miami/Dade County Key Biscayne 33149

202 Sunrise Dr, Key Biscayne, FL

Not Listed for Sale

Lots

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