Seller's Agent in 2025
Ivan Madera
One Sotheby's International Realty
(305) 720-8003
5 in this area
19 Total Sales
50 Island Dr Key Biscayne, FL 33149
Estimated Value: $6,037,000 - $10,614,057
5
Beds
4.5
Baths
5,338
Sq Ft
$1,617/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Private Dock
- Home fronts a canal
- Key Biscayne K-8 Center Rated A-
- Heated In Ground Pool
- Deck
About This Home
As of February 2025Location is everything, as this home proves it! Besides being located on the quiet end of Island Dr. this gorgeous designer waterfront home looks down the length of the canal (not directly into the home on the opposite side). Minutes to open Bay for marvelous boating. Exquisite Sunsets lending to fabulous entertainment venues. Enter through the walled sanctuary fountain garden. The 2nd floor is exclusive for the Primary Bedroom Suite. Pool & canal views from the majority of the home. 2 car garage plus circular driveway. 2,020 Sq ft of house built in 1967 but the majority, of an additional 3,946 sq ft, was built in 1991 & has had continual updates (Impact Glass/Sky Lights/New metal roof in 2020 etc.) Tranquil waterfront Key Biscayne gem. A pleasure to show.
Last Agent to Sell the Property
One Sotheby's International Realty License #3490101 Listed on: 12/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,192
Year Built
- Built in 1967
Lot Details
- 0.34 Acre Lot
- 100 Ft Wide Lot
- Home fronts a canal
- East Facing Home
- Property is zoned 2000
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Circular Driveway
- Open Parking
Property Views
- Canal
- Pool
Home Design
- Concrete Block With Brick
- Metal Roof
Interior Spaces
- 5,338 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- French Doors
- Family Room
- Formal Dining Room
- Den
- Sun or Florida Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Built-In Self-Cleaning Oven
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Dual Sinks
- Jettted Tub and Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
- High Impact Windows
- Fire and Smoke Detector
Outdoor Features
- Heated In Ground Pool
- Property has ocean access
- Canal Width is 121 Feet or More
- Private Dock
- Deck
Schools
- Keybiscayne Elementary School
- Mast Academy High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Cape Florida Sub Sec 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 24-52-05-024-0110
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2024
Closed on
Feb 8, 2025
Sold by
Erens Jay and Franklin Patrice K
Bought by
Lozada Cesar A and Lozada Adriana Lourdes
Seller's Agent
Ivan Madera
One Sotheby's International Realty
Buyer's Agent
Brigitte Nachtigall
One Sotheby's International Realty
List Price
$11,200,000
Sold Price
$11,080,000
Premium/Discount to List
-$120,000
-1.07%
Views
38
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
-$2,446,981
Avg. Annual Appreciation
-21.52%
Original Mortgage
$7,080,000
Outstanding Balance
$7,022,618
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,610,401
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lozada Cesar A | $11,080,000 | None Listed On Document | |
| Lozada Cesar A | $11,080,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lozada Cesar A | $7,080,000 | |
| Closed | Lozada Cesar A | $7,080,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2025 02/12/25 | Sold | $11,080,000 | -1.1% | $2,076 / Sq Ft |
| 12/30/2024 12/30/24 | Pending | -- | -- | -- |
| 12/03/2024 12/03/24 | For Sale | $11,200,000 | -- | $2,098 / Sq Ft |
Source: MIAMI REALTORS® MLS
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 | $28,553 | $1,793,098 | -- | -- |
| 2024 | $28,192 | $1,742,564 | -- | -- |
| 2023 | $28,192 | $1,691,810 | $0 | $0 |
| 2022 | $26,660 | $1,642,534 | $0 | $0 |
| 2021 | $26,717 | $1,594,694 | $0 | $0 |
| 2020 | $25,382 | $1,572,677 | $0 | $0 |
| 2019 | $24,855 | $1,537,319 | $0 | $0 |
| 2018 | $23,584 | $1,508,655 | $0 | $0 |
| 2017 | $23,302 | $1,477,625 | $0 | $0 |
| 2016 | $23,287 | $1,447,234 | $0 | $0 |
| 2015 | $23,634 | $1,437,174 | $0 | $0 |
| 2014 | $23,991 | $1,425,768 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ivan Madera
-
Kari Madera
Seller Co-Listing Agent in 2025
Kari Madera
Fortune Christie's International Real Estate
(305) 361-3440
16 in this area
19 Total Sales
-
Brigitte Nachtigall
Buyer's Agent in 2025
Brigitte Nachtigall
One Sotheby's International Realty
(305) 710-9664
65 in this area
78 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11678801
APN: 24-5205-024-0110
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