NOT LISTED FOR SALE

315 Cypress Dr Key Biscayne, FL 33149

Estimated Value: $5,611,000 - $8,063,000

6 Beds
8 Baths
2,163 Sq Ft
$3,164/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $6,225,000 $2,878 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $42,265/month

46 Days on Market

Highlights

  • New Construction
  • Concrete Pool
  • Deck
  • Key Biscayne K-8 Center Rated A-
  • Maid or Guest Quarters
  • Main Floor Bedroom

About This Home

As of May 2023

This is the only brand new, ready to move in Key Biscayne home right now, with a 4,050 SF living area. Tucked away in a quiet street, spread out in this large 6bed/6bath/2 half bath home on an oversized 8,600 SF (as per survey) corner lot. Top of the line finishes include an Italian kitchen with Subzero and Wolf brand appliances. Enjoy the South Florida lifestyle by an amazing pool, full outdoor kitchen, and covered patio.

Last Agent to Sell the Property

Pedro Kolychkine

MMLS Assoc.-Inactive Member License #0639003 Listed on: 03/29/2023

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Pedro Kolychkine

MMLS Assoc.-Inactive Member License #0639003 Listed on: 03/29/2023

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,289

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,600 Sq Ft Lot
  • Southwest Facing Home
  • Fenced
  • Property is zoned 0100

Property Views

  • Garden
  • Pool

Home Design

  • Elevated Home
  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 2-Story Property
  • Family Room
  • Den
  • Tile Flooring
  • High Impact Door

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bathtub

Laundry

  • Laundry in Utility Room
  • Dryer

Parking

  • 2 Carport Spaces
  • Driveway
  • Open Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill

Schools

  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-006-2270

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,289

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: No
  • Horses: No
  • New Construction: Yes
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 4
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Interior Amenities: First Floor Entry, Cooking Island, Walk-In Closet(s), Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Utility Room/Laundry

Exterior Features

  • Roof: Concrete
  • View: Garden, Pool
  • Exterior Features: Barbeque, Built-In Grill
  • Construction Type: Elevated Construction, Slab Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground, Concrete, Equipment Stays
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 4
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Slab/Strip

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-006-2270
  • Lot Size Sq Ft: 8600
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, HVAC

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 24289

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 15, 2023
Sold by
315 Cypress Llc
Bought by
Rafael Mendez Revocable Trust
Seller's Agent
Pedro Kolychkine
MMLS Assoc.-Inactive Member
Buyer's Agent
Pedro Kolychkine
MMLS Assoc.-Inactive Member
List Price
$6,450,000
Sold Price
$6,225,000
Premium/Discount to List
-$225,000
-3.49%
Views
162
Current Estimated Value
$6,843,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,608
Avg. Annual Appreciation
3.64%

Purchase Details

Listed on
Nov 30, 2020
Closed on
Feb 17, 2021
Sold by
P K Development Group Inc
Bought by
315 Cypress Llc
Seller's Agent
Adriana Perez Zea
Urdapilleta Real Estate, LLC
Buyer's Agent
Pedro Kolychkine
MMLS Assoc.-Inactive Member
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.72%

Purchase Details

Listed on
Nov 30, 2020
Closed on
Jan 15, 2021
Sold by
Rivas Ricardo A and Rivas Liana V
Bought by
P K Development Group Inc
Seller's Agent
Adriana Perez Zea
Urdapilleta Real Estate, LLC
Buyer's Agent
Pedro Kolychkine
MMLS Assoc.-Inactive Member
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%

Purchase Details

Closed on
Jun 22, 2005
Sold by
Denavia Maria Desoto and Navia Maria Soto
Bought by
Rivas Ricardo A and Rivas Liana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
5.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rafael Mendez Revocable Trust $6,225,000 Best Practices Title
315 Cypress Llc -- Attorney
P K Development Group Inc $1,400,000 Dynasty Title Llc
Rivas Ricardo A $1,175,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivas Ricardo A $940,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2023 05/15/23 Sold $6,225,000 -3.5% $2,878 / Sq Ft
03/29/2023 03/29/23 For Sale $6,450,000 +360.7% $2,982 / Sq Ft
01/15/2021 01/15/21 Sold $1,400,000 -3.4% $664 / Sq Ft View Prior Sale
11/24/2020 11/24/20 For Sale $1,450,000 0.0% $688 / Sq Ft
02/18/2020 02/18/20 Rented $4,500 0.0% --
01/28/2020 01/28/20 For Rent $4,500 0.0% --
01/26/2020 01/26/20 Under Contract -- -- --
01/17/2020 01/17/20 For Rent $4,500 0.0% --
08/01/2017 08/01/17 Rented $4,500 -6.3% --
07/20/2017 07/20/17 Under Contract -- -- --
05/03/2017 05/03/17 For Rent $4,800 +43.3% --
05/01/2012 05/01/12 Rented $3,350 -1.5% --
04/01/2012 04/01/12 Under Contract -- -- --
03/01/2012 03/01/12 For Rent $3,400 -- --
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 $78,180 $5,128,024 $2,090,140 $3,037,884
2024 $28,713 $4,917,510 $1,848,970 $3,068,540
2023 $28,713 $1,603,209 $0 $0
2022 $24,290 $1,457,463 $1,418,884 $38,579
2021 $21,742 $1,255,672 $1,113,402 $142,270
2020 $19,395 $1,173,506 $990,807 $182,699
2019 $22,338 $1,348,422 $1,165,655 $182,767
2018 $21,616 $1,348,489 $1,165,655 $182,834
2017 $25,824 $1,560,722 $0 $0
2016 $25,125 $1,418,839 $0 $0
2015 $23,461 $1,289,854 $0 $0
2014 $21,642 $1,172,595 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11363983

MIAMI REALTORS® MLS

APN: 24-4232-006-2270