NOT LISTED FOR SALE

3 Coconut Ln Key Biscayne, FL 33149

Estimated Value: $4,236,310 - $4,732,000

6 Beds
6 Baths
4,007 Sq Ft
$1,126/Sq Ft Est. Value

Last Sold June 18, 2019

Last sale price $2,235,000 $558 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $28,207/month

474 Days on Market

Highlights

  • Concrete Pool
  • Sitting Area In Primary Bedroom
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Gated Community
  • 5-minute walk to Paradise Park

About This Home

As of June 2019

Live in an amazing gated community within Grand Bay Club in Key Biscayne. Enjoy the benefits of a Condominium Association in a house, which includes a private park, lawn, pool and guard security. The house features a cozy ambience and Spanish tile floors throughout.

Last Agent to Sell the Property

Rosa Calero

One Sotheby's International Realty License #3069293 Listed on: 02/01/2018

One Sotheby's International Realty

Last Buyer's Agent

Alejandro Echeverri

The Keyes Company License #3104278

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,799

Year Built

  • Built in 1998

Lot Details

  • 5,704 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $1,137 Monthly HOA Fees

Parking

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

Property Views

  • Garden
  • Pool

Home Design

  • Elevated Home
  • Flat Tile Roof
  • Stucco Exterior

Interior Spaces

  • 4,007 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Electric Shutters
  • Blinds
  • French Doors
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Studio bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 6 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Fence Around Pool
  • Pool Equipment Stays

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Cooling Available
  • Central Heating
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-047-0490

Community Details

Overview

  • G B Villas,Grand Bay Villas Subdivision
  • Maintained Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,799

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,137 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Multi Level
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: G B VILLAS,GRAND BAY VILLAS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Microwave, Water Purifier, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, French Doors, Pantry, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Marble
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 4007
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Electric Shutters, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs, Studio
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Pool
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: Elevated Construction, Stucco
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground, Fenced, Concrete, Equipment Stays, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: G B VILLAS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 1137
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated, Gated Community, Maintained Community
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 24-52-05-047-0490
  • Lot Size Sq Ft: 5704
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 27799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Kbro Llc
Bought by
Raffo Juan Felipe and Osorno Beatriz
Current Estimated Value
$4,510,078

Purchase Details

Closed on
Jun 11, 2021
Sold by
R O Agro Llc
Bought by
Kbro Llc

Purchase Details

Listed on
Feb 1, 2018
Closed on
Jun 14, 2019
Sold by
Cortes Roberto G and Calero Rosa I
Bought by
R O Agro Llc
Seller's Agent
Rosa Calero
One Sotheby's International Realty
Buyer's Agent
Alejandro Echeverri
The Keyes Company
List Price
$2,475,000
Sold Price
$2,235,000
Premium/Discount to List
-$240,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%

Purchase Details

Closed on
Jan 26, 2012
Sold by
Cortes Roberto G
Bought by
Cortes Roberto G and Calero Rosa I

Purchase Details

Closed on
Apr 25, 2007
Sold by
Cortes Calero Llc
Bought by
Cortes Roberto G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 27, 2005
Sold by
Key B Investment Corp
Bought by
Cortes Calero Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,671,250
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 9, 1998
Sold by
Llanes Jose L
Bought by
Key B Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Raffo Juan Felipe -- None Listed On Document
Kbro Llc -- None Available
R O Agro Llc $2,235,000 Homepartners Title Svcs Llc
Cortes Roberto G $854,400 Attorney
Cortes Roberto G -- Attorney
Cortes Calero Llc $2,387,500 --
Key B Investment Corp $998,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortes Roberto G $1,750,000
Previous Owner Cortes Calero Llc $1,671,250
Previous Owner Key B Investment Corp $300,000
Previous Owner Key B Investment Corp $489,400
Previous Owner Key B Investment Corp $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2019 06/18/19 Sold $2,235,000 -6.8% $558 / Sq Ft
04/02/2019 04/02/19 Price Changed $2,399,000 -2.1% $599 / Sq Ft
02/01/2019 02/01/19 Price Changed $2,450,000 -1.0% $611 / Sq Ft
02/01/2019 02/01/19 For Sale $2,475,000 +10.7% $618 / Sq Ft
01/31/2019 01/31/19 Off Market $2,235,000 -- --
01/07/2019 01/07/19 Price Changed $2,475,000 -1.0% $618 / Sq Ft
09/10/2018 09/10/18 Price Changed $2,500,000 -3.8% $624 / Sq Ft
05/22/2018 05/22/18 Price Changed $2,600,000 -3.7% $649 / Sq Ft
04/10/2018 04/10/18 Price Changed $2,700,000 -3.6% $674 / Sq Ft
02/01/2018 02/01/18 For Sale $2,800,000 -- $699 / 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 $42,114 $2,863,717 $1,825,280 $1,038,437
2024 $38,545 $2,513,801 -- --
2023 $38,545 $2,285,274 $0 $0
2022 $34,123 $2,077,522 $1,197,840 $879,682
2021 $31,586 $1,855,081 $963,976 $891,105
2020 $30,817 $1,866,504 $963,976 $902,528
2019 $29,658 $1,831,102 $0 $0
2018 $28,147 $1,796,960 $0 $0
2017 $27,799 $1,760,000 $0 $0
2016 $27,860 $1,723,801 $0 $0
2015 $28,275 $1,711,819 $0 $0
2014 $28,703 $1,698,234 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10411674

MIAMI REALTORS® MLS

APN: 24-5205-047-0490