NOT LISTED FOR SALE

227 Buttonwood Dr Key Biscayne, FL 33149

Estimated Value: $5,073,926 - $5,797,000

1 Acre
$5,359,642 Price per Acre
43,560 Sq Ft Lot

Last Sold September 10, 2019

Last sale price $1,055,000 $599 Per Sq Ft

Est. 408% increase in value since last sale

Current estimated payment $32,284/month

123 Days on Market

Highlights

  • 1 Acre Lot
  • No HOA
  • Fenced
  • Key Biscayne K-8 Center Rated A-

About This Lot

As of September 2019

GREAT OPPORTUNITY , EXCELLENT PRICE !!!!!! AMAZING LOT IN KEY BISCAYNE TO BUILD A SINGLE FAMILY HOME, LOCATED ON A PRIVATE STREET LINED WITH GORGEOUS ESTATES AND LANDSCAPING DRIVE BY AND VIEW THE LOT NEIGHBORHOOD AND SURROUNDINGS.

Last Agent to Sell the Property

Rima Safi Nasser

Miami New Realty License #3336065 Listed on: 04/05/2019

Miami New Realty

Last Buyer's Agent

Miguel Quintero

Avanti Way Realty LLC License #3284819

Avanti Way Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,436

Lot Details

  • 1 Acre Lot
  • North Facing Home
  • Fenced
  • Cleared Lot
  • Property is zoned 0100

Community Details

  • No Home Owners Association
  • Tropical Isle Homes Sub 4 Condos
  • Tropical Isle Homes Sub 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-006-2370

Property Details

Property Type

Land

Est. Annual Taxes

$17,436

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: SEE MAP QUEST.
  • Horses: No
  • Lot Size Acres: 1
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: TROPICAL ISLE HOMES SUB 4
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Cleared, Fenced
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 4

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 24-42-32-006-2370
  • Additional Parcels: No
  • Current Use: Residential, Unused
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 17436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
227 Btw Llc
Bought by
Quintero Maria Cristina
Current Estimated Value
$5,359,642

Purchase Details

Listed on
Apr 5, 2019
Closed on
Sep 9, 2019
Sold by
227 Buttonwood Drive Llc
Bought by
227 Btw Llc
Seller's Agent
Rima Safi Nasser
Miami New Realty
Buyer's Agent
Miguel Quintero
Avanti Way Realty LLC
List Price
$1,500,000
Sold Price
$1,055,000
Premium/Discount to List
-$445,000
-29.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.01%

Purchase Details

Closed on
Jul 17, 2017
Sold by
Rm Houston 2401 Inc
Bought by
Buttonwood Drive Llc

Purchase Details

Closed on
Mar 9, 2016
Sold by
Mata Mazzeo Alejandro Josue Ruiz and Mata De Ruiz Ydamar Desiree
Bought by
Rm Houston 2401 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 22, 2014
Sold by
Gould Gould Donna Jayne Donna Jayne and Gould Sinatra Donna J
Bought by
Ruiz Mazzeo Alejandro Josue and Mata De Ruiz Ydamar Desiree
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
Quintero Maria Cristina -- --
227 Btw Llc $1,055,000 Attorney
Buttonwood Drive Llc $1,700,000 Attorney
Rm Houston 2401 Inc $1,700,000 Key Intl Title & Escrow Corp
Ruiz Mazzeo Alejandro Josue $1,700,000 Key Intl Title & Escrow Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rm Houston 2401 Inc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2019 09/10/19 Sold $1,055,000 -18.2% $599 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $1,290,000 -14.0% $733 / Sq Ft
04/05/2019 04/05/19 For Sale $1,500,000 -- $852 / 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 $53,428 $3,464,315 -- --
2024 $49,184 $3,366,682 $1,725,000 $1,641,682
2023 $49,184 $2,888,592 $0 $0
2022 $19,450 $1,118,493 $0 $0
2021 $17,210 $1,016,812 $0 $0
2020 $15,281 $924,375 $924,375 $0
2019 $18,019 $1,087,500 $1,087,500 $0
2018 $17,436 $1,087,500 $1,087,500 $0
2017 $22,066 $1,365,000 $0 $0
2016 $22,537 $1,361,250 $0 $0
2015 $23,339 $1,381,032 $0 $0
2014 $5,904 $380,371 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10651596

MIAMI REALTORS® MLS

APN: 24-4232-006-2370