NOT LISTED FOR SALE

4 Coconut Ln Key Biscayne, FL 33149

Estimated Value: $4,447,000 - $4,731,000

6 Beds
6.5 Baths
4,007 Sq Ft
$1,148/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $2,900,000 $724 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $28,642/month

493 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Deck
  • Key Biscayne K-8 Center Rated A-
  • Maid or Guest Quarters
  • Vaulted Ceiling

About This Home

As of September 2022

COMPLETELY REMODELED to perfection. Welcome to Grand Bay Villas and Estate Compound. sharing the magnificent entrance gate with Ritz Carlton Hotel, the Villas& Estates offers a 2nd.layer of Privacy & security with a 24/7 gated /guard attendant on site. walking distance to the beach. idyllic grounds, & manicured gardens. Basic landscape & pool service included in the monthly maintenance fee. 4013 sq. ft. of extremely functional design. 3 bedrooms en suite on 2nd floor, 1 large bedroom in the mezzanine area + large bedroom en suite on the first floor ideal for guest or office. full staff quarters w/private bathroom behind elegant wood paneling adjacent to the state of the art kitchen. with beautiful recessed lightings and upscale cabinetry. Large family room w/access & pool view. A MUST-SEE.

Last Agent to Sell the Property

Brigitte De Langeron

DLS International Realty License #0545936 Listed on: 05/17/2021

Last Buyer's Agent

Adriano Gonzalez

MMLS Assoc.-Inactive Member License #0032610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,164

Year Built

  • Built in 1998

Lot Details

  • 5,824 Sq Ft Lot
  • West Facing Home
  • Property is zoned 0100

HOA Fees

  • $1,172 Monthly HOA Fees

Parking

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

Property Views

  • Garden
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,007 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Built-In Features
  • Vaulted Ceiling
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • 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
  • Fire Sprinkler System

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • G B Villas Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-047-0560

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,164

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,172 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Other
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: G B VILLAS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Custom Mirrors, Fire Sprinklers, Entrance Foyer, Volume Ceilings, Walk-In Closet(s), Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 4007
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Pool
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Disclosures: Disclosure
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: G B VILLAS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1172
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Mandatory Hoa
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 24-52-05-047-0560
  • Lot Size Sq Ft: 5824
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 27164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Sep 9, 2022
Sold by
Weisson and Cristina
Bought by
Gianulis Peter and Rexach Gabriela
Seller's Agent
Brigitte De Langeron
DLS International Realty
Buyer's Agent
Adriano Gonzalez
MMLS Assoc.-Inactive Member
List Price
$2,849,000
Sold Price
$2,900,000
Premium/Discount to List
$51,000
1.79%
Views
8
Current Estimated Value
$4,601,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,701,208
Avg. Annual Appreciation
15.11%
Original Mortgage
$1,400,000
Interest Rate
5.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 7, 2005
Sold by
Grigio Andres Martin and Grigio Cecilia
Bought by
Weisson Ernesto H and Escobar Cristina

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
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 26, 2001
Sold by
Pedro M Olavarri M and Pedro Lucia R
Bought by
Grigio Andres M and Grigio Cecilia

Purchase Details

Closed on
Dec 14, 1998
Sold by
Llanes Jose L
Bought by
Olavarri Pedro M and Olavarri Lucia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,500
Interest Rate
6.84%
Mortgage Type
New Conventional
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
Gianulis Peter $2,900,000 --
Weisson Ernesto H $2,500,000 --
Grigio Andres M $1,260,000 --
Olavarri Pedro M $995,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gianulis Peter $1,400,000
Previous Owner Weisson Ernesto H $1,750,000
Previous Owner Olavarri Pedro M $696,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/22/2022 09/22/22 Sold $2,900,000 +1.8% $724 / Sq Ft
09/11/2022 09/11/22 Off Market $2,849,000 -- --
11/10/2021 11/10/21 Pending -- -- --
09/24/2021 09/24/21 Off Market $2,849,000 -- --
06/10/2021 06/10/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $2,849,000 0.0% $711 / Sq Ft
08/11/2018 08/11/18 Rented $13,500 +23.3% --
06/12/2018 06/12/18 For Rent $10,950 -- --
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 $41,220 $2,718,244 -- --
2024 $40,650 $2,641,637 -- --
2023 $40,650 $2,564,697 $1,659,840 $904,857
2022 $34,524 $1,830,959 $0 $0
2021 $29,664 $1,777,631 $0 $0
2020 $28,297 $1,753,088 $0 $0
2019 $27,715 $1,713,674 $0 $0
2018 $26,301 $1,681,722 $0 $0
2017 $25,975 $1,647,133 $0 $0
2016 $26,032 $1,613,255 $0 $0
2015 $26,420 $1,602,041 $0 $0
2014 $26,820 $1,589,327 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11043509

MIAMI REALTORS® MLS

APN: 24-5205-047-0560