NOT LISTED FOR SALE

Estimated Value: $4,812,316 - $5,795,000

6 Beds
6.5 Baths
3,772 Sq Ft
$1,376/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $3,250,000 $862 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $33,927/month

4 Days on Market

Highlights

  • Home Theater
  • Newly Remodeled
  • Gated Community
  • Key Biscayne K-8 Center Rated A-
  • Above Ground Pool
  • 2-minute walk to Paradise Park

About This Home

As of June 2021

Beautiful two story contemporary home in Grand Bay Estates and Villas, Key Biscayne’s only single family gated community. 24/7 absolute security in a community of just 50 homes on a private street and a dedicated community park. The Home’s pool and gardens are meticulously maintained by the Association. Travertine tiles throughout the living areas and wood floors in the bedrooms. Double height living room. Beach and easy access to the Ritz-Carlton Hotel. Centrally located in the heart of Key Biscayne with easy walking distance to restaurants and shopping.

Last Agent to Sell the Property

Beatriz Echarte

Echarte-Morini Realty, Inc. License #0433299 Listed on: 05/10/2021

Co-Listed By

Miguel Echarte

Echarte-Morini Realty, Inc. License #0549929

Last Buyer's Agent

Carlos Chavarro

AG Real Estate Advisors, LLC License #3268120

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,620

Year Built

  • Built in 2001 | Newly Remodeled

Lot Details

  • 6,887 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0100

HOA Fees

  • $1,172 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking
  • Golf Cart Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,772 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Built-In Features
  • Awning
  • Blinds
  • Bay Window
  • Arched Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Sun or Florida Room
  • Garden Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC

Pool

  • Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-058-0130

Community Details

Overview

  • Club Membership Required
  • Grand Key Estates,Grand Bay Estates & Subdivision
  • Mandatory home owners association

Recreation

  • Beach Club Membership Available

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,620

Year Built

Built in 2001 | Newly Remodeled

Lot Details

0

HOA Fees

$1,172 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: ECHA01
  • Co List Office Phone: 305-389-8458
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: GRAND KEY ESTATES,Grand Bay Estates &
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Entrance Foyer, Den/Library/Office, Family Room, Florida Room, Great Room, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 3772
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Arched Windows, Awning, Bay Window(s), Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Great Room, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Exterior Features: Open Balcony, Outdoor Shower
  • Construction Type: CBS Construction, Stucco
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Awning(s), Deck, Open Balcony, Open Porch, Patio
  • Pool Features: Above Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GRAND KEY ESTATES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1172
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Beach Club Member Available, Gated, Gated Community, Mandatory Hoa, Paved Road, Private Roads, Security Patrol, Sidewalks, Underground Utilities
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-058-0130
  • Lot Size Sq Ft: 6887
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 27620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 24, 2021
Sold by
Echarte Miguel and Echarte Beatriz
Bought by
Bahia Grande Llc
Seller's Agent
Beatriz Echarte
Echarte-Morini Realty, Inc.
Buyer's Agent
Carlos Chavarro
AG Real Estate Advisors, LLC
List Price
$3,250,000
Sold Price
$3,250,000
Current Estimated Value
$5,191,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,941,579
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
Sep 9, 2003
Sold by
Helm Bank
Bought by
Echarte Miguel and Echarte Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2003
Sold by
Londono Juan Pablo A
Bought by
Helm Bank

Purchase Details

Closed on
Dec 9, 2002
Sold by
Londono Juan Pablo and Hernandez Ricardo
Bought by
Hernandez Ricardo

Purchase Details

Closed on
Sep 17, 2002
Sold by
Juan P Londono I
Bought by
Hernandez Ricardo and Londono Juan P

Purchase Details

Closed on
Jul 3, 2001
Sold by
John Pearson M and John Laura Pearson
Bought by
Londono Juan P
Source: Public Records

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 Buyer Sale Price Title Company
Bahia Grande Llc $3,250,000 Attorney
Echarte Miguel $1,400,000 --
Helm Bank -- --
Hernandez Ricardo $55,000 --
Hernandez Ricardo $585,000 --
Londono Juan P $1,492,900 --
Pearson John $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Echarte Miguel $1,500,000
Previous Owner Echarte Miguel $500,000
Previous Owner Echartz Beatriz $1,049,000
Previous Owner Echarte Miguel $1,260,000
Previous Owner Echarte Miguel $980,000
Previous Owner Pearson John $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $3,250,000 0.0% $862 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $3,250,000 -- $862 / 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 $51,954 $3,475,115 $2,203,840 $1,271,275
2024 $47,530 $3,159,460 -- --
2023 $47,530 $2,872,237 $0 $0
2022 $42,603 $2,611,125 $1,446,270 $1,164,855
2021 $28,980 $1,736,062 $0 $0
2020 $27,620 $1,712,093 $0 $0
2019 $27,052 $1,673,601 $0 $0
2018 $25,671 $1,642,396 $0 $0
2017 $25,353 $1,608,616 $0 $0
2016 $25,409 $1,575,530 $0 $0
2015 $25,787 $1,564,578 $0 $0
2014 $26,177 $1,552,161 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11039817

MIAMI REALTORS® MLS

APN: 24-5205-058-0130