NOT LISTED FOR SALE

341 Palmwood Ln Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $3,896,000 - $6,103,000

6 Beds
6.5 Baths
5,839 Sq Ft
$900/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $3,385,000 $580 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $31,799/month

269 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Maid or Guest Quarters
  • Garden View

About This Home

As of February 2021

Pure elegance & exquisite finishes encompass this 6BR + Maid’s Quarters/6.5B spectacular residence. Fantastic for a family and entertaining! Great split floor plan with double-heighted ceilings. State-of-the-art brick-tiled kitchen with oak wood cabinets, marble countertops, Viking appliances, warming drawer, Gas Range & wine cooler. Living and formal dining areas open to covered terrace overlooking blue tiled pool and garden. Amazing pool area with open covered space perfect for entertaining. Marble and hard wood floors throughout. High Impact Windows and Doors. Other features include manicured landscaping, 3 CAR GARAGE with electric car charger, pure Concrete home, plenty of storage space & more! *LOWEST PRICE PER SF*

Last Agent to Sell the Property

Giulietta Ulloa

BHHS EWM Realty License #0658811 Listed on: 05/27/2020

BHHS EWM Realty

Co-Listed By

Jennifer Perez

BHHS EWM Realty License #3302187

Last Buyer's Agent

Giulietta Ulloa

BHHS EWM Realty License #0658811 Listed on: 05/27/2020

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,500

Year Built

  • Built in 2005

Lot Details

  • 7,500 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Substantially Remodeled
  • Concrete Block With Brick

Interior Spaces

  • 5,839 Sq Ft Home
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Balcony
  • Exterior Lighting
  • Porch

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tropical Isle Homes Sub 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-005-0490

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,500

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories
  • Co List Office Mls Id: EWM 08
  • Co List Office Phone: 305-361-5600
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 3
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Second Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Family Room, Maid/In-Law Quarters, Storage
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 5839
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room, Maid/In-Law Quarters, Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Other
  • View: Garden, Pool
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: Concrete Block With Brick
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TROPICAL ISLE HOMES SUB 3
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-42-32-005-0490
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 39500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Apr 1, 2021
Sold by
Ulloa Santiago and Ulloa Giulietta
Bought by
Martin Pablo Munoz and Gil Maria Nieves
Seller's Agent
Giulietta Ulloa
BHHS EWM Realty
Buyer's Agent
Giulietta Ulloa
BHHS EWM Realty
List Price
$3,385,000
Sold Price
$3,385,000
Total Days on Market
269
Current Estimated Value
$5,254,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,869,012
Avg. Annual Appreciation
10.87%
Original Mortgage
$2,708,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2020
Closed on
Feb 23, 2021
Sold by
Ulloa Santiago and Ulloa Giulietta
Bought by
Marin Pablo Munoz and Gill Maria Nieves
Seller's Agent
Giulietta Ulloa
BHHS EWM Realty
Buyer's Agent
Giulietta Ulloa
BHHS EWM Realty
List Price
$3,385,000
Sold Price
$3,385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,708,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2009
Sold by
Gunningham Sebastian J
Bought by
Ulloa Santiago and Ulloa Giulietta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 2004
Sold by
South Bay Developers Ix Llc
Bought by
Sebastian J Gunningham 2001 Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,827,427
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2003
Sold by
Schofield Nora
Bought by
South Bay Developers Ix Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
11.5%

Purchase Details

Closed on
Jul 12, 1999
Sold by
Morse Cecille I
Bought by
Schofield Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,750
Interest Rate
7.23%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Martin Pablo Munoz -- Attorney
Marin Pablo Munoz $3,385,000 Attorney
Ulloa Santiago $2,400,000 Attorney
Sebastian J Gunningham 2001 Revocable Tr $1,120,000 --
South Bay Developers Ix Llc $675,000 --
Schofield Nora $342,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Martin Pablo $800,000
Previous Owner Marin Pablo Munoz $2,708,000
Previous Owner Ulloa Santiago $1,440,000
Previous Owner Gunningham Sebastian J $500,000
Previous Owner Sebastian J Gunningham 2001 Revocable Tr $1,827,427
Previous Owner Schofield Nora $1,093,015
Previous Owner Schofield Nora $162,250
Previous Owner South Bay Developers Ix Llc $475,000
Previous Owner Schofield Nora $239,750
Closed South Bay Developers Ix Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $3,385,000 0.0% $580 / Sq Ft
01/19/2021 01/19/21 Off Market $3,385,000 -- --
08/25/2020 08/25/20 For Sale $3,385,000 0.0% $580 / Sq Ft
08/24/2020 08/24/20 Off Market $3,385,000 -- --
05/27/2020 05/27/20 For Sale $3,385,000 0.0% $580 / Sq Ft
11/07/2019 11/07/19 Off Market $14,900 -- --
10/15/2019 10/15/19 Rented $13,000 -12.8% --
09/06/2019 09/06/19 Under Contract -- -- --
07/03/2019 07/03/19 For Rent $14,900 +26.3% --
02/19/2019 02/19/19 Rented $11,800 -20.8% --
01/15/2019 01/15/19 For Rent $14,900 +14.6% --
12/20/2018 12/20/18 Rented $13,000 -13.3% --
10/15/2018 10/15/18 Price Changed $15,000 -6.3% $3 / Sq Ft
08/13/2018 08/13/18 For Rent $16,000 -- --
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 $46,994 $2,993,933 -- --
2023 $46,994 $2,906,732 $0 $0
2022 $45,345 $2,822,070 $1,323,750 $1,498,320
2021 $41,923 $2,428,012 $0 $0
2020 $36,463 $2,207,284 $924,375 $1,282,909
2019 $39,500 $2,385,322 $1,087,500 $1,297,822
2018 $33,962 $2,158,851 $0 $0
2017 $33,540 $2,114,448 $0 $0
2016 $33,601 $2,070,958 $0 $0
2015 $34,101 $2,056,563 $0 $0
2014 $34,618 $2,040,242 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Giulietta Ulloa

    Seller's Agent in 2021

    Giulietta Ulloa

    BHHS EWM Realty

    (305) 710-6620

    83 in this area

    132 Total Sales

    Giulietta Ulloa
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jennifer Perez

    BHHS EWM Realty

    (786) 474-2416

    28 in this area

    39 Total Sales

    Jennifer Perez
    Section Image

  • R

    Buyer's Agent in 2019

    Raphael Lindor

    Real Estate Sales Force

    (786) 921-6182

    17 Total Sales

    Raphael Lindor
    Section Image
  • Giovanna Fernandez

    Buyer's Agent in 2019

    Giovanna Fernandez

    BHHS EWM Realty

    (786) 376-3372

    4 in this area

    153 Total Sales

    Giovanna Fernandez
    Section Image
  • Peter Ripich

    Buyer's Agent in 2018

    Peter Ripich

    Lifestyle International Realty

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10865470

MIAMI REALTORS® MLS

APN: 24-4232-005-0490

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

341 Palmwood Ln, Key Biscayne, FL

This home is located at 341 Palmwood Ln, Key Biscayne, FL 33149 since 27 May 2020 and is currently estimated at $5,254,012, approximately $899 per square foot. This property was built in 2005. 341 Palmwood Ln is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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