$3,550,000
SOLD APR 3, 2019
4 Beds
3 Baths
1,808 Sq Ft
0.27 Acres

Recently Sold

$1,963 Per Sq Ft

9% Below List Price

273 Days on Market

Highlights

  • Property has ocean access
  • Boating
  • In Ground Pool
  • Key Biscayne K-8 Center Rated A-
  • Deeded Boat Dock
  • 1-minute walk to Harbor Drive Park

About This Home

As of April 2019

NEW PRICE. BEST PRICED WATERFRONT LOT ON KEY BISCAYNE

Large wtrfrnt, corner lot on prestigious Harbor Drive. Expansive view over serene/secluded lagoon. Enjoy the company of manatees and dolphins in your backyard with a sunset backdrop. Direct access to beautiful Biscayne Bay with no fixed bridges. Recent improvements to property include refinished and restored original terrazzo floors, completely remodeled kitchen with new stainless steel appliances, exterior and interior paint job, new landscaping, renovated dock with brazilian ipe wood, front porch/deck with brazilian ipe wood. Build your dream home, add on or live in this beach cottage style home. Key Biscayne was recently ranked the 'best place to live' in the state of FLA. 24hr notice. See Matterport virtual tour link attached.

Last Agent to Sell the Property

William Earle

Three Bridges Realty, LLC License #0663590 Listed on: 06/12/2018

Last Buyer's Agent

William Earle

Three Bridges Realty, LLC License #0663590 Listed on: 06/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,176

Year Built

  • Built in 1957

Lot Details

  • 0.27 Acre Lot
  • 34 Ft Wide Lot
  • Home fronts a lagoon or estuary
  • West Facing Home
  • Property is zoned 2000

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Golf Cart Parking

Property Views

  • Lagoon
  • Garden

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,808 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Utility Room in Garage
  • Terrazzo Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Deeded Boat Dock
  • Deck
  • Patio
  • Porch

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-007-0040

Community Details

Overview

  • No Home Owners Association
  • Hurricane Cove Subdivision

Amenities

  • Courtesy Bus

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,176

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HURRICANE COVE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Utility/Laundry In Garage
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Terrazzo
  • Furnished: Unfurnished
  • Living Area: 1808
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Utility/Laundry In Garage

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Lagoon
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Lagoon, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: HURRICANE COVE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating, Courtesy Bus

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-007-0040
  • Lot Size Sq Ft: 11820
  • Zoning: 2000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 53176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Apr 1, 2019
Sold by
United Real Estate Ventures Inc
Bought by
Kennedy Nina
Seller's Agent
William Earle
Three Bridges Realty, LLC
Buyer's Agent
William Earle
Three Bridges Realty, LLC
List Price
$3,910,000
Sold Price
$3,550,000
Premium/Discount to List
-$360,000
-9.21%
Current Estimated Value
$5,463,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,913,100
Avg. Annual Appreciation
8.86%
Original Mortgage
$2,485,000
Outstanding Balance
$2,197,941
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$3,940,809

Purchase Details

Closed on
Feb 25, 2004
Sold by
Gusisa Ltd
Bought by
United Real Estate Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.68%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $3,550,000 Attorney
Warranty Deed $2,350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,485,000 New Conventional
Previous Owner $2,250,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $2,925,000 Stand Alone First
Previous Owner $2,500,000 Stand Alone Second
Previous Owner $1,365,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2020 01/03/20 Rented $13,000 +13.0% --
05/22/2019 05/22/19 For Rent $11,500 0.0% --
04/03/2019 04/03/19 Sold $3,550,000 -4.4% $1,963 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
02/22/2019 02/22/19 Price Changed $3,714,500 -5.0% $2,054 / Sq Ft
11/13/2018 11/13/18 For Sale $3,910,000 0.0% $2,163 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $3,910,000 -- $2,163 / 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
2025 $66,839 $4,336,072 -- --
2024 $65,945 $4,213,870 -- --
2023 $65,945 $4,091,136 $3,350,970 $740,166
2022 $41,330 $2,529,241 $2,171,925 $357,316
2021 $40,482 $2,393,975 $2,127,600 $266,375
2020 $44,647 $2,702,506 $2,432,556 $269,950
2019 $39,182 $2,365,577 $2,171,925 $193,652
2018 $37,938 $2,367,086 $2,171,925 $195,161
2017 $53,176 $3,269,917 $0 $0
2016 $51,688 $2,972,652 $0 $0
2015 $48,191 $2,702,411 $0 $0
2014 $47,055 $2,456,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10485195

MIAMI REALTORS® MLS

APN: 24-5205-007-0040