Nicolas Escallon
Coldwell Banker Realty
(786) 788-7124
26 Total Sales
5 in Key Biscayne
$780K - $3.1M Price Range
40 Island Dr Key Biscayne, FL 33149
Key Biscayne AreaEstimated Value: $7,766,211
6
Beds
6.5
Baths
3,517
Sq Ft
$2,208/Sq Ft
Est. Value
Highlights
- Property has ocean access
- In Ground Pool
- Deck
- Private Dock
- Home fronts a canal
- Vaulted Ceiling
About This Home
As of December 2020Stunning, magazine quality waterfront home on the exclusive & idyllic island of Key Biscayne. Enjoy water views from light-filled living spaces w/ soaring, vaulted wood-beamed ceilings, a striking white color palette & a modern vibe throughout. Updates include new: limestone flooring, spa-like baths, impact glass, interior & exterior Sonos sound system, new dock w/adjoining floating dock & new stone terrace & pool deck. European-style kitchen features black granite countertops, Viking appliances & breakfast area. Lush, tropical garden surrounds the resort-like outdoor space that offers an expansive covered terrace, pool & gazebo w/ spectacular sunset views. Protected, private dock w/davits & no bridges to the bay. Direct ocean access, 180’ turning basin at the head of the canal.
Last Agent to Sell the Property
Compass Florida, LLC. License #3028618 Listed on: 10/21/2019
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,185
Year Built
- Built in 1969
Lot Details
- 15,000 Sq Ft Lot
- Lot Dimensions are 100x150
- Home fronts a canal
- East Facing Home
- Fenced
- Property is zoned 2000
Parking
- 2 Car Attached Garage
- Driveway
- Paver Block
- Open Parking
Home Design
- Substantially Remodeled
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 3,517 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- French Doors
- Entrance Foyer
- Family Room
- Formal Dining Room
- Den
- Canal Views
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
- Snack Bar or Counter
Bedrooms and Bathrooms
- 6 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- Dual Sinks
- Roman Tub
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
- Security System Owned
- High Impact Windows
- High Impact Door
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Property has ocean access
- No Fixed Bridges
- Private Dock
- Balcony
- Deck
- Exterior Lighting
- Porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Cape Florida Sub Sec 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 24-52-05-024-0120
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2019
Closed on
Dec 3, 2020
Sold by
Bought by
Seller's Agent
Riley Smith
Compass Florida, LLC.
Buyer's Agent
Giulietta Ulloa
BHHS EWM Realty
List Price
$6,995,000
Sold Price
$5,918,220
Premium/Discount to List
-$1,076,780
-15.39%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,847,991
Avg. Annual Appreciation
4.90%
Original Mortgage
$3,000,000
Outstanding Balance
$2,651,206
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$5,115,005
Purchase Details
Closed on
Sep 27, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 30, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
3.5%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Key Biscayne, FL
-
Nicolas Escallon
-
Roberto Morales
Roberto Morales
ElevenOne Realty
(844) 417-0132
11 Total Sales
1 in Key Biscayne
$650,000 Price
-
Maria Corina Martinez
Maria Corina Martinez
Keller Williams Legacy
(855) 233-6865
223 Total Sales
3 in Key Biscayne
$485K - $1.9M Price Range
-
Michelle Kauffmann
Michelle Kauffmann
Miami Portfolio Collection
(786) 460-5090
38 Total Sales
2 in Key Biscayne
$825K - $3.1M Price Range
-
Ramona Bautista
Ramona Bautista
The Keyes Company
(754) 354-3107
97 Total Sales
1 in Key Biscayne
$3,320,000 Price
-
M. Ginette Orozco
M. Ginette Orozco
Responds QuicklyColdwell Banker Realty
(844) 417-0831
12 Total Sales
9 in Key Biscayne
$550K - $3.3M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $5,918,300 | Attorney | ||
| $2,875,000 | -- | ||
| $1,800,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,000,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $870,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $650,000 | ||
| Previous Owner | $1,170,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2020 12/03/20 | Sold | $5,918,220 | -10.3% | $1,683 / Sq Ft |
| 06/17/2020 06/17/20 | Price Changed | $6,600,000 | -5.6% | $1,877 / Sq Ft |
| 10/21/2019 10/21/19 | For Sale | $6,995,000 | -- | $1,989 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $70,032 | $4,524,248 | ||
| 2024 | $69,108 | $4,396,743 | ||
| 2023 | $69,108 | $4,268,683 | $0 | $0 |
| 2022 | $66,412 | $4,144,353 | $0 | $0 |
| 2021 | $66,684 | $4,023,644 | $0 | $0 |
| 2020 | $41,072 | $2,523,224 | $0 | $0 |
| 2019 | $40,230 | $2,466,495 | $0 | $0 |
| 2018 | $38,185 | $2,420,506 | $0 | $0 |
| 2017 | $37,726 | $2,370,721 | $0 | $0 |
| 2016 | $37,808 | $2,321,960 | $0 | $0 |
| 2015 | $38,364 | $2,305,820 | $0 | $0 |
| 2014 | $38,952 | $2,287,520 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Riley Smith
Seller's Agent in 2020
Riley Smith
Compass Florida, LLC.
(786) 550-6054
706 Total Sales
-
Giulietta Ulloa
Buyer's Agent in 2020
Giulietta Ulloa
BHHS EWM Realty
(305) 710-6620
112 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10759872
APN: 24-5205-024-0120
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.
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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