NOT LISTED FOR SALE

Grapetree Townhouse 425 Grapetree Dr Unit 207 Key Biscayne, FL 33149

Estimated Value: $1,113,226 - $1,264,000

2 Beds
2.5 Baths
1,404 Sq Ft
$831/Sq Ft Est. Value

Sale Details

Date Sold: June 6, 2024

Last sale price $970,000 $691 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,517 / mo

31 Days on Market

Highlights

  • Property has ocean access
  • Waterfront
  • Heated Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Clubhouse
  • Porch

About This Home

As of June 2024

A unique townhome very close to the beach, 2/2.5, 2 assigned parking spaces. Original condition - Unit needs a complete remodeling. Small screened patio. SOLD AS-IS.

Last Agent to Sell the Property

Paola Padovan

Padovan Realty Corp. License #3005802 Listed on: 04/17/2024

Co-Listed By

Michele Estevez

Padovan Realty Corp. License #0565980

Last Buyer's Agent

Michele Estevez

Padovan Realty Corp. License #0565980

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,788

Year Built

  • Built in 1974

Lot Details

  • Waterfront

HOA Fees

  • $1,039 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,404 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Outdoor Features

  • Property has ocean access
  • Porch

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-012-0340

Community Details

Overview

  • 71 Units
  • Grapetree Townhomes Condos
  • Grapetree Townhouse Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Clubhouse

Recreation

  • Heated Community Pool

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,788

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$1,039 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Townhouse
  • Co List Office Mls Id: PDVN01
  • Co List Office Phone: 305-915-4044
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: GRAPETREE TOWNHOUSE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1404
  • Other Equipment: No Equipment
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: Primary Bedroom Upstairs

Exterior Features

  • View: None
  • Exterior Features: Other
  • Patio And Porch Features: Open Porch, Screened Porch
  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Grapetree Townhomes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 1039
  • Amenities: Clubhouse-Clubroom, Heated Pool, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-04-012-0340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4788

Multi Family

  • Number Of Units In Community: 71

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
Apr 17, 2024
Closed on
Jun 3, 2024
Sold by
Bought by
Seller's Agent
Paola Padovan
Padovan Realty Corp.
Buyer's Agent
Michele Estevez
Padovan Realty Corp.
List Price
$1,150,000
Sold Price
$970,000
Premium/Discount to List
-$180,000
-15.65%
Views
14
Current Estimated Value
$1,166,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,557
Avg. Annual Appreciation
9.47%
Original Mortgage
$780,000
Outstanding Balance
$770,329
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$396,228

Purchase Details

Closed on
May 12, 2010
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$975,000 None Listed On Document
-- None Available
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 $780,000
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
06/06/2024 06/06/24 Sold $970,000 -15.7% $691 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $1,150,000 -- $819 / 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 $14,565 $866,723 -- --
2024 $4,788 $912,340 -- --
2023 $4,788 $321,387 $0 $0
2022 $4,531 $312,027 $0 $0
2021 $4,540 $302,939 $0 $0
2020 $4,285 $298,757 $0 $0
2019 $4,185 $292,041 $0 $0
2018 $3,958 $286,596 $0 $0
2017 $3,902 $280,702 $0 $0
2016 $3,902 $274,929 $0 $0
2015 $3,959 $273,018 $0 $0
2014 $4,019 $270,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11570073

MIAMI REALTORS® MLS

APN: 24-5204-012-0340

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