NOT LISTED FOR SALE

Estimated Value: $5,088,000 - $7,599,393

6 Beds
5 Baths
6,499 Sq Ft
$964/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $2,750,000 $423 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $38,464/month

129 Days on Market

Highlights

  • Direct Ocean View
  • Deeded Boat Dock
  • Property Fronts a Bay or Harbor
  • Property has ocean access
  • Boat Lift
  • 2-minute walk to North Bayshore William Lehman Park

About This Home

As of October 2019

Waterfront Mediterranean Estate in the heart of Key Stone Island positioned 50 feet from the Open Bay, which boasts 190ft of dockage that can accommodate a Yacht over 100 feet. This home features a gourmet kitchen, top of the line appliances w/ gas stove, marble floors, & 30' ceilings with high impact windows & doors throughout, which provide this home with beautiful natural light. Master Bedroom faces the Bay, which features a private balcony with serene views, and two walk-in closets. Also, features a maids room, laundry room, & 2 car garage. Key Stone is a Gated, high-end community which is near top-rated schools, Bal Harbour Shops, Aventura Mall, Miami Beach, & many major dining & entertainment centers. This is a true lifestyle home for the affluent waterfront & boat enthusiast!

Last Agent to Sell the Property

Nestor Rodriguez

Homecoin International Realty, LLC. License #3224837 Listed on: 05/02/2019

Last Buyer's Agent

Lizette Marolf

Florida Realty of Miami Corp License #3097213

Florida Realty of Miami Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,176

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • 0.3 Acre Lot
  • 174 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Northeast Facing Home
  • Property is zoned 0900

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,499 Sq Ft Home
  • Family Room
  • Marble Flooring
  • Direct Ocean Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • 5 Full Bathrooms

Home Security

  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Boat Lift
  • Deeded Boat Dock

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06-22-28-015-0170

Community Details

Overview

  • No Home Owners Association
  • Keystone Island No 2 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,176

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Mediterranean
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Deeded Dock,Private Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: KEYSTONE ISLAND NO 2
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater
  • Interior Amenities: First Floor Entry, Cooking Island, Family Room
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 6499
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area
  • Living Room Features: Family Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Ocean, Direct Ocean
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KEYSTONE ISLAND NO 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 06-22-28-015-0170
  • Lot Size Sq Ft: 13134
  • Zoning: 0900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 59176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Oct 9, 2019
Sold by
Cignarrella Jose Lino Russoniello and Torres Lidemar Rafaela Gimenez
Bought by
Gracia Naidima
Seller's Agent
Nestor Rodriguez
Homecoin International Realty, LLC.
Buyer's Agent
Lizette Marolf
Florida Realty of Miami Corp
List Price
$3,350,000
Sold Price
$2,750,000
Premium/Discount to List
-$600,000
-17.91%
Current Estimated Value
$6,263,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,513,598
Avg. Annual Appreciation
17.71%

Purchase Details

Closed on
Apr 16, 2013
Sold by
Revocabl Alvarez Jorge Alberto
Bought by
Cignarella Jose Lino Russoniello

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 12, 2011
Sold by
Alvarez Jorge A and Alvarez Jorge Alberto
Bought by
Alvarez Jorge Alberto

Purchase Details

Closed on
Dec 15, 2003
Sold by
Mullowney Robert L and Mullowney Robert L
Bought by
Alvarez Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.05%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Gracia Naidima $2,750,000 Gst Title & Trust Inc
Cignarella Jose Lino Russoniello $2,600,000 Attorney
Alvarez Jorge Alberto -- Attorney
Alvarez Jorge A $750,000 Trans State Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cignarella Jose Lino Russoniello $1,680,000
Previous Owner Cignarella Jose Lino Russoniello $2,000,000
Previous Owner Alvarez Jorge A $600,000
Previous Owner Mullowney Robert L $25,000
Previous Owner Mullowney Robert L $170,000
Previous Owner Mullowney Robert L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 Sold $2,750,000 -14.7% $423 / Sq Ft
07/01/2019 07/01/19 Price Changed $3,225,000 -3.7% $496 / Sq Ft
05/02/2019 05/02/19 For Sale $3,350,000 -- $515 / 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 $55,197 $2,561,034 -- --
2024 $53,799 $2,488,858 -- --
2023 $53,799 $2,416,367 $0 $0
2022 $52,204 $2,345,988 $0 $0
2021 $52,120 $2,277,659 $945,648 $1,332,011
2020 $52,692 $2,297,450 $945,648 $1,351,802
2019 $59,897 $2,563,825 $945,648 $1,618,177
2018 $59,176 $2,582,002 $945,648 $1,636,354
2017 $59,058 $2,547,644 $0 $0
2016 $58,447 $2,487,018 $0 $0
2015 $56,557 $2,295,693 $0 $0
2014 $51,601 $2,086,994 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10664662

MIAMI REALTORS® MLS

APN: 06-2228-015-0170