$1,275,000
SOLD OCT 13, 2017
7,500 Acres
$170 Price per Acre
326,700,000 Sq Ft Lot

Recently Sold

$1,065 Per Sq Ft

33% Below List Price

499 Days on Market

Highlights

  • 7,500 Acre Lot
  • No HOA
  • Fenced
  • Key Biscayne K-8 Center Rated A-
  • Landscaped with Trees

About This Lot

As of October 2017

Build the home of your dreams on this spectacular Key Biscayne lot. Quiet and desirable street. Great potential for this wide lot. Steps from Crandon Blvd., and all the attractions of Key Biscayne. Island living at its best. BEACH CLUB MEMBERSHIP

Last Agent to Sell the Property

Alina Perez

Gimeza A Real Estate Corp. License #0675883 Listed on: 04/12/2016

Last Buyer's Agent

Rodolfo Sori

Keys Bound Realty, LLC. License #3221651

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,639

Year Built

  • 1951

Lot Details

  • 7,500 Acre Lot
  • North Facing Home
  • Fenced
  • Landscaped with Trees
  • Property is zoned RU-1

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Biscayne Key Estates Condos
  • Biscayne Key Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-001-3070

Property Details

Property Type

Land

Est. Annual Taxes

$19,639

Year Built

1951

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: Please refer to Google Maps
  • Horses: No
  • Lot Size Acres: 7500
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: Biscayne Key Estates
  • Special Features: VirtualTour
  • Year Built: 1951

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, Build To Suit, Fenced
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Biscayne Key Estates

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 24-52-05-001-3070
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan, Other Usage
  • Development Status: Other, Recorded Plat
  • Lot Size Sq Ft: 7500
  • Zoning: RU-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 19639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Oct 13, 2017
Sold by
Schoendorfer Jack A and Schoendorfer Margarita A
Bought by
Newstart In Kb Llc
Seller's Agent
Alina Perez
Gimeza A Real Estate Corp.
Buyer's Agent
Rodolfo Sori
Keys Bound Realty, LLC.
List Price
$1,899,000
Sold Price
$1,275,000
Premium/Discount to List
-$624,000
-32.86%
Total Days on Market
499
Current Estimated Value
$2,698,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,423,627
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Jul 21, 1999
Sold by
Mark and Smith Connie
Bought by
Schoendorfer Jack A and Schoendorfer Margarita A

Purchase Details

Closed on
Aug 17, 1998
Sold by
Alber Virginia
Bought by
Smith Mark and Smith Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,275,000 Attorney
Warranty Deed $405,000 --
Warranty Deed $315,000 --
Personal Reps Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $899,500 Adjustable Rate Mortgage/ARM
Closed $899,500 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Rented $6,000 -7.3% --
03/22/2023 03/22/23 Under Contract -- -- --
12/01/2022 12/01/22 Price Changed $6,475 -7.2% $6 / Sq Ft
11/07/2022 11/07/22 For Rent $6,975 +128.7% --
05/01/2018 05/01/18 Rented $3,050 -12.2% --
04/13/2018 04/13/18 Under Contract -- -- --
02/28/2018 02/28/18 Price Changed $3,475 -12.0% $3 / Sq Ft
02/05/2018 02/05/18 Price Changed $3,950 -20.2% $4 / Sq Ft
01/26/2018 01/26/18 For Rent $4,950 0.0% --
10/13/2017 10/13/17 Sold $1,275,000 -32.9% $1,065 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
04/12/2016 04/12/16 For Sale $1,899,000 0.0% $1,586 / Sq Ft
08/15/2012 08/15/12 Rented $3,200 0.0% --
07/16/2012 07/16/12 Under Contract -- -- --
06/28/2012 06/28/12 For Rent $3,200 -- --
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 $23,064 $1,209,346 -- --
2023 $23,064 $1,099,406 $0 $0
2022 $19,401 $999,460 $0 $0
2021 $17,149 $908,600 $0 $0
2020 $15,768 $953,821 $924,375 $29,446
2019 $18,507 $1,116,967 $1,087,500 $29,467
2018 $17,909 $1,116,988 $1,087,500 $29,488
2017 $21,519 $1,229,663 $0 $0
2016 $21,054 $1,117,876 $0 $0
2015 $19,639 $1,016,251 $0 $0
2014 $18,086 $923,865 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10065610

MIAMI REALTORS® MLS

APN: 24-5205-001-3070