NOT LISTED FOR SALE

501 Harbor Dr Key Biscayne, FL 33149

Estimated Value: $4,848,000 - $5,267,000

6 Beds
7 Baths
4,603 Sq Ft
$1,091/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $2,990,000 $650 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $29,411/month

190 Days on Market

Highlights

  • Main Floor Bedroom
  • Garden View
  • Attached Garage
  • Key Biscayne K-8 Center Rated A-
  • Balcony
  • 2-minute walk to Harbor Drive Park

About This Home

As of December 2020

JUST REDUCED! Impressive 4162 sqft modern home in Key Biscayne with 6 bedrooms (in suite) and 6 and 1/2 bathrooms perfectly distributed in 3 floors. Fancy elevator gives this home a unique touch. Sitting on an over sized 8254 sqft lot, this elegant and sophisticated residence is located on beautiful Harbor Drive. The outdoor area was designed to enjoy all-year-long with a beautiful open terrace overlooking the pool and garden. Bright playroom area on mezzanine with enough room for pool table or media room. Ample 2-car-garage with lots of storage room. In-laws or service quarter has independent access providing privacy to this beautiful home.

Last Agent to Sell the Property

Natalia Arias

Blue One Realty, LLC License #3044932 Listed on: 05/06/2020

Last Buyer's Agent

Marta Ramirez

Coldwell Banker Realty License #3399479

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 8,276

Parking

  • Attached Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,603 Sq Ft Home
  • Garden Views
  • High Impact Door

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Accessible Elevator Installed
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-005-0270

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Internet Remarks: JUST REDUCED! Impressive 4162 sqft modern home in Key Biscayne with 6 bedrooms (in suite) and 6 and 1/2 bathrooms perfectly distributed in 3 floors
  • Municipal Code: 24
  • Property Type: Single Family
  • Section: 32
  • Year Built: 2008
  • Property Sq Ft: 8254
  • Year Built Description: Resale
  • Zoning Information: 0100
  • Flood Zone: AE
  • Furnished Info Sold: Unfurnished
  • Intended Use: Unknown/Withheld
  • Lp Amt Sq Ft: 718.4046
  • Ratio Close Price By List Price: 1.00000
  • Storm Protection: Complete Impact Glass, High Impact Door
  • Style: Pool Only
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Front Exposure: West
  • Bedroom Description: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Primary Bathroom Description: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa
  • Dining Description: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator, Walk-In Closets
  • Windows Treatments: Blinds/Shades, High Impact Windows
  • Design: Attached
  • Adjusted Area Sq Ft: 4022
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Total Bedrooms: 6
  • Cable Available Yn: Yes
  • Design Description: Three Or More Stories
  • Appliances: Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Elevator, Microwave, Electric Range, Refrigerator, Washer
  • Furnished Info: Unfurnished
  • Pool: Yes
  • Sq Ft Liv Area: 4162
  • Total Sq Ft: 4603

Exterior Features

  • View: Garden View
  • Pool: Below Ground Pool
  • Construction Type: Cbs Construction
  • Exterior Features: Fence, High Impact Doors, Open Balcony, Patio

Garage/Parking

  • Garage Description: Attached
  • Parking Description: Driveway
  • Garage Spaces: 2

Utilities

  • Sewer Description: Municipal Sewer
  • Cooling Description: Central Cooling, Electric Cooling
  • Heating Description: Central Heat, Electric Heat
  • Water Description: Municipal Water

Condo/Co-op/Association

  • Floor Description: Marble Floors, Wood Floors
  • Subdivision Complex Bldg: TROPICAL ISLE HOMES SUB 3
  • Housing Older Persons Act: No Hopa

Lot Info

  • Lot Description: Less Than 1/4 Acre Lot
  • Parcel Number: 24-42-32-005-0270
  • Lot Sq Footage: 8254
  • Parcel Number Mlx: 0270

Tax Info

  • Tax Information: Tax Reflects No Exemptions
  • Tax Amount: 34850
  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Dec 11, 2020
Sold by
Canalgrande Llc
Bought by
Diaz Norexa Henriquez
Seller's Agent
Natalia Arias
Blue One Realty, LLC
Buyer's Agent
Marta Ramirez
Coldwell Banker Realty
List Price
$2,990,000
Sold Price
$2,990,000
Current Estimated Value
$5,020,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,030,547
Avg. Annual Appreciation
10.33%

Purchase Details

Listed on
Jul 13, 2014
Closed on
Apr 2, 2016
Sold by
Puerto Developers Llc
Bought by
Canalgrande Llc
Seller's Agent
Brigitte Nachtigall
One Sotheby's International Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$4,245,000
Sold Price
$2,950,000
Premium/Discount to List
-$1,295,000
-30.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%

Purchase Details

Closed on
Oct 25, 2005
Sold by
Khouri Roger K and Leal Khouri Susana
Bought by
Puerto Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,089,000
Interest Rate
18%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 2005
Sold by
Guerrero Cesar and Contasti Gisela
Bought by
Khouri Roger K and Leal Khouri Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 1, 1999
Sold by
Beffa Harvey A A
Bought by
Guerrero Ceser and Contasti Gisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1997
Sold by
Harvey A Beffa Tr and Mary E Hutchingson Tr
Bought by
Beffa Daniel A
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
Diaz Norexa Henriquez $2,990,000 Attorney
Canalgrande Llc $2,950,000 Attorney
Puerto Developers Llc $1,630,000 --
Khouri Roger K $1,500,000 --
Guerrero Ceser $465,000 --
Beffa Daniel A $100 --
Feister Bonnie $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puerto Developers Llc $2,089,000
Previous Owner Khouri Roger K $1,000,000
Previous Owner Feister Bonnie $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $2,990,000 0.0% $650 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/03/2020 11/03/20 Price Changed $2,990,000 0.0% $650 / Sq Ft
11/03/2020 11/03/20 For Sale $2,990,000 +1.9% $650 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/24/2020 09/24/20 Price Changed $2,935,000 -0.5% $638 / Sq Ft
05/06/2020 05/06/20 For Sale $2,950,000 0.0% $641 / Sq Ft
03/01/2017 03/01/17 Rented $14,200 -5.3% --
01/03/2017 01/03/17 Under Contract -- -- --
12/05/2016 12/05/16 For Rent $15,000 0.0% --
05/09/2016 05/09/16 Sold $2,950,000 -17.4% $733 / Sq Ft View Prior Sale
04/14/2016 04/14/16 Pending -- -- --
01/20/2016 01/20/16 Price Changed $3,570,000 -5.3% $888 / Sq Ft
10/30/2015 10/30/15 Price Changed $3,770,000 -2.6% $937 / Sq Ft
03/04/2015 03/04/15 Price Changed $3,870,000 -3.1% $962 / Sq Ft
10/29/2014 10/29/14 Price Changed $3,995,000 -3.7% $993 / Sq Ft
08/21/2014 08/21/14 Price Changed $4,147,000 -2.3% $1,031 / Sq Ft
07/13/2014 07/13/14 For Sale $4,245,000 -- $1,055 / 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 $39,466 $2,547,613 -- --
2024 $38,938 $2,475,815 -- --
2023 $38,938 $2,403,704 $0 $0
2022 $37,587 $2,333,694 $0 $0
2021 $37,718 $2,265,723 $1,143,179 $1,122,544
2020 $32,608 $1,973,619 $1,017,306 $956,313
2019 $35,838 $2,163,880 $1,196,830 $967,050
2018 $34,850 $2,174,617 $1,196,830 $977,787
2017 $40,254 $2,490,752 $0 $0
2016 $41,295 $2,494,067 $0 $0
2015 $38,987 $2,267,334 $0 $0
2014 $36,515 $2,061,213 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10855305

MIAMI REALTORS® MLS

APN: 24-4232-005-0270

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