NOT LISTED FOR SALE

431 Island Dr Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $5,912,000 - $14,136,017

4 Beds
3 Baths
3,900 Sq Ft
$2,570/Sq Ft Est. Value

Last Sold June 05, 2012

Last sale price $3,325,000 $853 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $64,948/month

1,244 Days on Market

Highlights

  • 20,330 Sq Ft lot
  • Garden View
  • No HOA
  • Key Biscayne K-8 Center Rated A-
  • Loft
  • Den

About This Home

As of June 2012

One of the largest lots (20330 sq ft) on exclusive Key Biscayne, it provides exceptional privacy, w/frontage on 2 streets (E from Island Dr to W Mashta Dr. The custom built 2 story home w/ 4/3 + guest suite. Large covered patio. Designed by John Weller. E xtensive use of wood & glass to harmonize the house w/tropical environment, cathedral ceilings, a fossil stone fireplace, & wooden deck overlooking unique Banyan tree & large garden. Could accommodate pool/tennis court.

Last Agent to Sell the Property

Brigitte De Langeron

DLS International Realty License #0545936 Listed on: 10/28/2008

Last Buyer's Agent

Geraldine Morales

MMLS Assoc.-Inactive Member License #0360225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,847

Year Built

  • Built in 1978

Lot Details

  • 0.47 Acre Lot
  • South Facing Home
  • Property is zoned 1 /S FM

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Single Hung Wood Windows
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Loft
  • Garden Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Parking

  • Circular Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-010-0310

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,847

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CAPE FLA SUB SEC 1
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dryer
  • Interior Amenities: Other, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Loft
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Concrete, Other
  • Furnished: Unfurnished
  • Living Area: 3900
  • Possible Use: Unknown/Withheld
  • Window Features: Single Hung Wood
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Loft

Exterior Features

  • Roof: Other
  • View: Garden
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CAPE FLA SUB SEC 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-010-0310
  • Lot Size Sq Ft: 20330
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 11847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2008
Closed on
May 31, 2012
Sold by
Serafini Aldo N
Bought by
Fernandez Alejandra
Seller's Agent
Brigitte De Langeron
DLS International Realty
Buyer's Agent
Geraldine Morales
MMLS Assoc.-Inactive Member
List Price
$4,250,000
Sold Price
$3,325,000
Premium/Discount to List
-$925,000
-21.76%
Total Days on Market
1244
Current Estimated Value
$10,024,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,699,009
Avg. Annual Appreciation
4.13%
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
Fernandez Alejandra $3,325,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serafini Aldo N $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2012 06/05/12 Sold $3,325,000 -21.8% $853 / Sq Ft
03/25/2012 03/25/12 Pending -- -- --
10/28/2008 10/28/08 For Sale $4,250,000 -- $1,090 / 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 $141,013 $9,001,648 -- --
2023 $141,013 $8,739,465 $0 $0
2022 $135,418 $8,484,918 $0 $0
2021 $136,054 $8,237,785 $0 $0
2020 $133,568 $8,124,049 $0 $0
2019 $144,454 $8,762,142 $0 $0
2018 $160,402 $10,010,975 $6,352,740 $3,658,235
2017 $35,367 $2,184,000 $0 $0
2016 $35,455 $2,105,400 $0 $0
2015 $32,904 $1,914,000 $0 $0
2014 $30,157 $1,740,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brigitte De Langeron

    Seller's Agent in 2012

    Brigitte De Langeron

    DLS International Realty

    (305) 459-3875

    31 in this area

    37 Total Sales

    Brigitte De Langeron
    Section Image

  • G

    Buyer's Agent in 2012

    Geraldine Morales

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: M1274348

MIAMI REALTORS® MLS

APN: 24-5205-010-0310

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

431 Island Dr, Key Biscayne, FL

This home is located at 431 Island Dr, Key Biscayne, FL 33149 since 28 October 2008 and is currently estimated at $10,024,009, approximately $2,570 per square foot. This property was built in 1978. 431 Island Dr 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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