NOT LISTED FOR SALE

245 Buttonwood Dr Key Biscayne, FL 33149

Estimated Value: $5,004,000 - $5,194,274

0.17 Acre
$29,653,634 Price per Acre
7,500 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $1,350,000 $593 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $30,584/month

293 Days on Market

Highlights

  • No HOA
  • Key Biscayne K-8 Center Rated A-
  • Landscaped with Trees

About This Lot

As of December 2020

Clear lot ready to a new home. build your dream house in one of Key Biscayne's most desire streets. The house has potential water views from a rooftop terrace. Make your mark in Miami's most desirable zip code.

Last Agent to Sell the Property

Bruno Junqueira

Coldwell Banker Realty License #3312291 Listed on: 02/19/2020

Coldwell Banker Realty

Last Buyer's Agent

Maite Alvarez

Compass Florida, LLC License #0535220

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,441

Lot Details

  • 7,500 Sq Ft Lot
  • Southeast Facing Home
  • Landscaped with Trees
  • Property is zoned 0100

Utilities

  • Cable TV Available

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 24-42-32-006-2340

Property Details

Property Type

Land

Est. Annual Taxes

$17,441

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.172
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: TROPICAL ISLE HOMES SUB 4
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Primary

Exterior Features

  • Direction Faces: Southeast
  • Lot Features: Septic
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 4

Utilities

  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 24-42-32-006-2340
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 17441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
Dec 11, 2020
Sold by
245 Buttonwood Drive Llc
Bought by
Teran Carlos and Teran Solange
Seller's Agent
Bruno Junqueira
Coldwell Banker Realty
Buyer's Agent
Maite Alvarez
Compass Florida, LLC
List Price
$1,540,000
Sold Price
$1,350,000
Premium/Discount to List
-$190,000
-12.34%
Current Estimated Value
$5,100,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,750,425
Avg. Annual Appreciation
30.18%

Purchase Details

Listed on
May 4, 2018
Closed on
Sep 25, 2018
Sold by
245 Buttonwood Llc
Bought by
245 Buttonwood Drive Llc
Seller's Agent
Alex Lipzer
Key Biscayne Realty Group, Inc
Buyer's Agent
Bruno Junqueira
Coldwell Banker Realty
List Price
$1,560,000
Sold Price
$1,420,000
Premium/Discount to List
-$140,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.26%

Purchase Details

Listed on
May 24, 2016
Closed on
Oct 27, 2016
Sold by
Smith Marcia L and Smith Marica Lines
Bought by
245 Buttonwood Llc
Seller's Agent
Dana Smith
The Keyes Company - Hobe Sound
List Price
$1,699,900
Sold Price
$1,550,000
Premium/Discount to List
-$149,900
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.51%
Original Mortgage
$775,000
Interest Rate
3.48%
Mortgage Type
Credit Line Revolving
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
Teran Carlos $1,350,000 Attorney
Teran Carlos $1,350,000 Mendez Michael
245 Buttonwood Drive Llc $1,420,000 Attorney
245 Buttonwood Llc $1,550,000 Clear Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 245 Buttonwood Llc $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $1,350,000 -12.3% $593 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $1,540,000 +8.5% $676 / Sq Ft
09/26/2018 09/26/18 Sold $1,420,000 -9.0% $623 / Sq Ft View Prior Sale
05/04/2018 05/04/18 For Sale $1,560,000 +0.6% $685 / Sq Ft
10/31/2016 10/31/16 Sold $1,550,000 -8.8% $804 / Sq Ft View Prior Sale
10/01/2016 10/01/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $1,699,900 -- $882 / 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 $46,328 $2,733,233 -- --
2024 $23,112 $2,911,470 -- --
2023 $23,112 $1,257,243 $0 $0
2022 $19,680 $1,142,949 $0 $0
2021 $17,422 $1,039,045 $1,038,750 $295
2020 $15,286 $924,675 $924,375 $300
2019 $18,024 $1,087,805 $1,087,500 $305
2018 $17,441 $1,087,810 $1,087,500 $310
2017 $22,701 $1,404,320 $0 $0
2016 $6,296 $420,195 $0 $0
2015 $6,389 $417,275 $0 $0
2014 $6,485 $413,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10820289

MIAMI REALTORS® MLS

APN: 24-4232-006-2340