$2,000,000
SOLD DEC 11, 2019
4 Beds
3 Baths
3,032 Sq Ft
0.28 Acres

Recently Sold

$660 Per Sq Ft

5% Below List Price

7 Days on Market

Highlights

  • Heated In Ground Pool
  • Sitting Area In Primary Bedroom
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • No HOA

About This Home

As of December 2019

Exquisite and impeccably kept island classic in highly sought-after Cape Florida Estates. This 4/3 home is strategically located on a spectacular over-sized 12,000 SF lot, nestled among mega million $ homes. Foyer entry flows into the spacious open living, dining and family rooms. Floor-ceiling glass doors bring the outdoors in. Tropical landscaped backdrop, heated pool, and over-sized covered patio are perfect for entertaining. Home offers impact windows and shutters, an all-white kitchen that opens to covered patio, and a split plan design with a bedroom and bath on the garage side, and 3 bedrooms, 2 bathrooms and den on the east side. Master suite boasts an all-marble bath, seating area and two closets. Residence is ideal to make it your home, build new, or investment. Priced to sell.

Last Agent to Sell the Property

Maria Acosta

MMLS Assoc.-Inactive Member License #3055258 Listed on: 08/08/2019

Last Buyer's Agent

Brigitte Nachtigall

One Sotheby's International Realty License #0542022

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,654

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 2000

Parking

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

Property Views

  • Garden
  • Pool

Home Design

  • Slab Foundation

Interior Spaces

  • 3,032 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

  • Partial Accordion Shutters
  • Partial Impact Glass

Outdoor Features

  • Heated In Ground Pool
  • Patio

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cape Florida Sub Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-010-0240

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,654

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: Rickenbacker Causeway to the Village of Key Biscayne. Right turn on Harbor Drive. Left Turn on Island Drive. 321 Island Drive will be on the left hand side of the street.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: CAPE FLORIDA SUB SEC 1
  • Year Built Details: Unknown
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Electric Water Heater
  • Interior Amenities: First Floor Entry, Entrance Foyer, Pantry, Split Bedroom, Den/Library/Office, Family Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 3032
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Partial Accordian Shutters, Partial Impact Glass, Hurricane Shutters, Blinds, Drapes, Impact Glass, Other Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Other
  • View: Garden, Pool
  • Construction Type: Slab Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CAPE FLORIDA SUB SEC 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-010-0240
  • Lot Size Sq Ft: 12000
  • Zoning: 2000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Dec 11, 2019
Sold by
Mora Klara
Bought by
321 Investment Al Llc
Seller's Agent
Maria Acosta
MMLS Assoc.-Inactive Member
Buyer's Agent
Brigitte Nachtigall
One Sotheby's International Realty
List Price
$2,100,000
Sold Price
$2,000,000
Premium/Discount to List
-$100,000
-4.76%
Total Days on Market
7
Current Estimated Value
$4,934,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,934,789
Avg. Annual Appreciation
18.23%

Purchase Details

Closed on
Jun 29, 2009
Sold by
Mora Klara
Bought by
Mora Klara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.56%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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Range of Values:

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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 $2,000,000 Attorney
Interfamily Deed Transfer -- Unlimited Title Services Cor
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $267,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2020 04/18/20 Rented $7,000 -21.8% --
03/06/2020 03/06/20 Price Changed $8,950 +0.6% $3 / Sq Ft
03/06/2020 03/06/20 Price Changed $8,900 -2.2% $3 / Sq Ft
02/10/2020 02/10/20 Price Changed $9,100 -6.2% $3 / Sq Ft
01/27/2020 01/27/20 Price Changed $9,700 -7.6% $3 / Sq Ft
12/14/2019 12/14/19 For Rent $10,500 0.0% --
12/11/2019 12/11/19 Sold $2,000,000 -4.8% $660 / Sq Ft
08/20/2019 08/20/19 For Sale $2,100,000 0.0% $693 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $2,100,000 -- $693 / 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 $45,118 $2,281,720 -- --
2023 $45,118 $2,394,172 $0 $0
2022 $38,213 $2,176,520 $0 $0
2021 $33,683 $1,978,655 $0 $0
2020 $29,759 $1,798,778 $1,479,000 $319,778
2019 $11,237 $715,294 $0 $0
2018 $10,654 $701,957 $0 $0
2017 $10,527 $687,520 $0 $0
2016 $10,540 $673,380 $0 $0
2015 $10,689 $668,700 $0 $0
2014 $10,856 $663,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10717374

MIAMI REALTORS® MLS

APN: 24-5205-010-0240