$3,100,000
SOLD JUL 15, 2024
6 Beds
4.5 Baths
3,003 Sq Ft
8,474 Sq Ft Lot

Recently Sold

$1,032 Per Sq Ft

5% Below List Price

237 Days on Market

Highlights

  • In Ground Pool
  • Maid or Guest Quarters
  • No HOA
  • Key Biscayne K-8 Center Rated A-
  • Garden View
  • Circular Driveway

About This Home

As of July 2024

Have it all! Update this spacious and charming split floorplan home that boasts 6 bedrooms, 4 bathrooms, guest bathroom, pool and summer kitchen or build your dream 4,000 SqFt home on an oversized 8,474 SF lot - this is a fantastic investment opportunity. Located on quiet Cypress Drive - one of the best streets on Key Biscayne due to its natural, 10 foot elevation and walkability to the Key Biscayne Yacht Club, shopping, restaurants, churches, schools, Village Green and more, this is a true gem!

Last Agent to Sell the Property

Sarah Benach

One Sotheby's International Realty License #3513696 Listed on: 10/27/2023

One Sotheby's International Realty

Co-Listed By

Victor Coto

One Sotheby's International Realty License #3268414

Last Buyer's Agent

Sandra Del Castillo

IPM Worldwide Properties License #3238849

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,539

Year Built

  • Built in 1961

Lot Details

  • 8,474 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Interior Spaces

  • 3,003 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Plantation Shutters
  • Blinds
  • French Doors
  • Family or Dining Combination
  • Tile Flooring
  • Garden Views
  • Complete Accordion Shutters

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-006-2490

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,539

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: OSIR04
  • Co List Office Phone: 305-365-2811
  • Directions: Enter Key Biscayne and turn right onto Harbor Drive. Take the fourth left on to Cypress Drive.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 4,TROPICAL ISLE HOMES
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, French Doors, Laundry Tub, Pantry, Skylight, Walk-In Closet(s), Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3003
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Skylight, Blinds, Plantation Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • Roof: Other
  • View: Garden
  • Exterior Features: Barbeque, Built-In Grill, Lighting
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-42-32-006-2490
  • Lot Size Sq Ft: 8474
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 22539

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jul 15, 2024
Sold by
Benach Amparo
Bought by
Kusijanovic Nicolas L and Papadimitriou Luz
Seller's Agent
Sarah Benach
One Sotheby's International Realty
Buyer's Agent
Sandra Del Castillo
IPM Worldwide Properties
List Price
$3,250,000
Sold Price
$3,100,000
Premium/Discount to List
-$150,000
-4.62%
Total Days on Market
237
Views
78
Current Estimated Value
$3,277,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,226
Avg. Annual Appreciation
6.52%
Original Mortgage
$1,860,000
Outstanding Balance
$1,845,954
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$1,431,272

Purchase Details

Closed on
Apr 12, 2011
Sold by
Gutierrez Amparo
Bought by
Benach Amparo
Source: Public Records

Similar Home in Key Biscayne, FL

  • 250 Greenwood Dr, Key Biscayne, FL 33149

    $3,625,000

    • 5 Beds
    • 4.5 Baths
    • 3,297 Sq Ft
    • 250 Greenwood Dr
    • Key Biscayne, FL

    Nestled in the serene and exclusive community of Key Biscayne, this delightful and very charming two-story home is located on a secluded and quiet street, offering the perfect backdrop for a quintessential family lifestyle. You will be greeted by a warm and inviting interior with an open floor plan which seamlessly blends living, dining, kitchen, and family areas fostering a sense of togetherness

    Brigitte Nachtigall One Sotheby's International Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $3,100,000 None Listed On Document
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,860,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $600,000 No Value Available
Previous Owner $600,000 Stand Alone First
Previous Owner $4,550,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $144,127 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $3,100,000 -4.6% $1,032 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $3,250,000 +4.8% $1,082 / Sq Ft
12/22/2023 12/22/23 Off Market $3,100,000 -- --
10/27/2023 10/27/23 For Sale $3,250,000 -- $1,082 / 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 $22,540 $1,407,188 -- --
2023 $22,540 $1,366,202 $0 $0
2022 $21,570 $1,326,410 $0 $0
2021 $21,615 $1,287,777 $0 $0
2020 $20,333 $1,269,998 $0 $0
2019 $19,911 $1,241,445 $0 $0
2018 $18,891 $1,218,298 $0 $0
2017 $18,651 $1,193,240 $0 $0
2016 $18,673 $1,168,698 $0 $0
2015 $18,951 $1,160,574 $0 $0
2014 $19,237 $1,151,364 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11476760

MIAMI REALTORS® MLS

APN: 24-4232-006-2490