NOT LISTED FOR SALE

Estimated Value: $5,356,393 - $6,272,000

5 Beds
5.5 Baths
4,705 Sq Ft
$1,211/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $3,275,000 $696 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $36,139/month

378 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • No HOA

About This Home

As of December 2019

A CONTEMPORARY TWO STORY ELEGANT DESIGNED HOME BUILT IN 2018 WITH AIRY OPEN SPACES. HOUSE FEATURES 12 FT GLASS DOORS AND CELINGS THRU-OUT ENTIRE HOUSE. ENJOY LOTS OF LIGHT AND THE FEELING OF NATURE SURROUNDING YOU. LARGE COVERED TERRACE OPENS UNTO POOL AND MANICURED SERENE TROPICAL GARDEN. A 5 BR, 5.5 BATH. ENJOY: DUMB WAITER, ELEVATOR, TWO DISHWASHERS, HUGE MASTER BR AND CLOSET AND MANY HI-END CUSTOM FINISHES. OVERSIZE CORNER LOT, SIZE 9,884 SQ.FT. WITH LOTS OF PARKING. TOTAL SQ. FT AREA 6,866 SQ.FT.

Last Listed By

Jennifer Macia

MMLS Assoc.-Inactive Member License #0654820 Listed on: 12/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,632

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 9,884 Sq Ft Lot
  • Southwest Facing Home
  • Property is zoned 10/S FM

Parking

  • 2 Car Garage

Property Views

  • Garden
  • Pool

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,705 Sq Ft Home
  • Sliding Windows
  • Family Room
  • Den
  • Storage Room

Kitchen

  • Built-In Oven
  • Electric Range
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

  • Intercom Access
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-006-1620

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,632

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Other
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 4
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Electric Range, Wall Oven
  • Interior Amenities: First Floor Entry, Den/Library/Office, Family Room, Other, Storage, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4705
  • Other Equipment: Intercom
  • Possible Use: Unknown/Withheld
  • Window Features: Impact Glass, Sliding
  • Bedroom Features: Master Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Family Room, Other, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Concrete
  • View: Garden, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 4
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-42-32-006-1620
  • Lot Size Sq Ft: 9884
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 25632

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
Dec 23, 2019
Sold by
Petucia Investments Llc
Bought by
Grimaldi Massimo and Massimo Grimaldi Revocable Living Trust
Seller's Agent
Jennifer Macia
MMLS Assoc.-Inactive Member
Buyer's Agent
Vanessa Sanz de Acedo
DLS International Realty
List Price
$4,499,000
Sold Price
$3,275,000
Premium/Discount to List
-$1,224,000
-27.21%
Total Days on Market
378
Current Estimated Value
$5,699,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,424,598
Avg. Annual Appreciation
8.77%

Purchase Details

Closed on
Apr 24, 2014
Sold by
Morrison Kathryn K
Bought by
Petucia Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
4.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 17, 2012
Sold by
Morrison Daniel R and Morrison Kathryn
Bought by
Morrison Kathryn K and Morrison Revocable 2007

Purchase Details

Closed on
Nov 23, 1998
Sold by
Bamford Dorothy L
Bought by
Morrison Daniel R and Morrison Kathryn

Range of Values:

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Average Value
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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
Grimaldi Massimo $3,275,000 Attorney
Petucia Investments Llc $1,856,000 Attorney
Morrison Kathryn K -- Attorney
Morrison Daniel R $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petucia Investments Llc $3,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $3,275,000 -18.1% $696 / Sq Ft
10/28/2019 10/28/19 Price Changed $3,999,000 -8.1% $850 / Sq Ft
09/10/2019 09/10/19 Price Changed $4,350,000 -3.3% $925 / Sq Ft
12/14/2018 12/14/18 For Sale $4,499,000 -- $956 / 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
2024 $50,836 $3,238,992 -- --
2023 $50,836 $3,144,653 $0 $0
2022 $49,018 $3,019,154 $0 $0
2021 $46,247 $2,744,686 $1,181,405 $1,563,281
2020 $43,451 $2,630,367 $1,051,322 $1,579,045
2019 $21,152 $1,276,595 $1,236,850 $39,745
2018 $19,831 $1,236,850 $1,236,850 $0
2017 $25,097 $1,552,460 $0 $0
2016 $25,632 $1,548,195 $0 $0
2015 $23,786 $1,407,450 $0 $0
2014 $22,380 $1,248,113 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10586612

MIAMI REALTORS® MLS

APN: 24-4232-006-1620