NOT LISTED FOR SALE

544 Ridgewood Rd Key Biscayne, FL 33149

Estimated Value: $4,895,402 - $5,835,000

6 Beds
7.5 Baths
3,888 Sq Ft
$1,386/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $4,600,000 $1,183 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $32,963/month

223 Days on Market

Highlights

  • In Ground Pool
  • Garden View
  • Separate Shower in Primary Bathroom
  • Key Biscayne K-8 Center Rated A-
  • No HOA
  • 5-minute walk to Paradise Park

About This Home

As of October 2022

Exquisite Contemporary Construction in highly desirable Key Biscayne. Best floorplan ever! This elevated, two-story meticulously designed home, consists of 6 bedrooms and 7 ½ baths. Exhibiting only the best quality in construction, luxurious finishes and landscaping, this home is perfect for indoor/outdoor entertaining and enjoying the Key Biscayne lifestyle. Open living space with sliding glass doors to enjoy natural light and ventilation. Open kitchen with waterfall Matarazzo granite countertops, european cabinetry and high end appliances. This modern, spacious and light-filled home is ready for immediate occupancy.

Last Agent to Sell the Property

Geysa Guarconi

Luft Realty License #3228220 Listed on: 01/26/2022

Co-Listed By

Carla Conti

Douglas Elliman License #3347765

Last Buyer's Agent

Robert Vernon

Fortune Christie's International Real Estate License #0553052

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,823

Year Built

  • Built in 2017

Lot Details

  • 7,850 Sq Ft Lot
  • Northeast Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Concrete Roof

Interior Spaces

  • 3,888 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Garden Views
  • Dryer

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Bathtub

Pool

  • In Ground Pool

Schools

  • Keybiscayne Elementary School
  • Coral Gables High School

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-002-0280

Community Details

Overview

  • No Home Owners Association
  • Tropical Isle Homes Sub Subdivision

Recreation

  • Beach Club Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,823

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Co List Office Mls Id: DEOM11
  • Co List Office Phone: 954-874-0740
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer
  • Interior Amenities: Built-in Features, No Additional Rooms
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 3888
  • Possible Use: Primary
  • Bedroom Features: Master Bedroom Upstairs, Master Bath Tub
  • Living Room Features: No Additional Rooms
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Garden
  • Direction Faces: Northeast
  • Fencing: Fenced
  • Lot Features: Other Lot Description
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached Carport, Covered

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach Club Member Available

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables

Lot Info

  • Parcel Number: 24-52-05-002-0280
  • Lot Size Sq Ft: 7850
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 27823

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Oct 11, 2022
Sold by
P4 Capital Llc
Bought by
Overwood Trust
Seller's Agent
Geysa Guarconi
Luft Realty
Buyer's Agent
Robert Vernon
Fortune Christie's International Real Estate
List Price
$4,899,000
Sold Price
$4,600,000
Premium/Discount to List
-$299,000
-6.1%
Current Estimated Value
$5,388,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,101
Avg. Annual Appreciation
5.03%
Original Mortgage
$3,450,000
Outstanding Balance
$3,279,573
Interest Rate
4.65%
Mortgage Type
New Conventional
Estimated Equity
$2,108,528

Purchase Details

Listed on
Sep 19, 2013
Closed on
Mar 17, 2014
Sold by
Devine John P and Barnes Louise D
Bought by
P4 Capital Llc
Seller's Agent
John Rosser
Berkshire Hathaway Florida Rea
Buyer's Agent
Non Fll Agent
NON FLL OFFICE
List Price
$1,550,000
Sold Price
$1,480,000
Premium/Discount to List
-$70,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%

Purchase Details

Closed on
Mar 18, 2005
Sold by
Devine Theresa R
Bought by
Devine John P and Barnes Louise E
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
Overwood Trust $4,600,000 --
P4 Capital Llc $1,480,000 Attorney
Devine John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overwood Trust $3,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2022 10/11/22 Sold $4,600,000 -7.4% $1,183 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/26/2022 08/26/22 Price Changed $4,970,000 +1.4% $1,278 / Sq Ft
08/06/2022 08/06/22 For Sale $4,899,000 +6.5% $1,260 / Sq Ft
08/06/2022 08/06/22 Off Market $4,600,000 -- --
05/30/2022 05/30/22 Price Changed $4,899,000 +1.0% $1,260 / Sq Ft
01/26/2022 01/26/22 For Sale $4,850,000 +227.7% $1,247 / Sq Ft
03/18/2014 03/18/14 Sold $1,480,000 -4.5% $1,343 / Sq Ft View Prior Sale
02/17/2014 02/17/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $1,550,000 -- $1,407 / 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 $56,794 $3,736,561 $1,836,900 $1,899,661
2024 $58,006 $3,545,036 $1,624,950 $1,920,086
2023 $58,006 $3,565,463 $1,624,950 $1,940,513
2022 $33,049 $1,863,552 $0 $0
2021 $28,983 $1,694,139 $978,502 $715,637
2020 $26,359 $1,593,775 $870,761 $723,014
2019 $29,090 $1,754,810 $1,024,425 $730,385
2018 $16,452 $1,024,425 $1,024,425 $0
2017 $20,800 $1,285,830 $0 $0
2016 $21,266 $1,282,297 $0 $0
2015 $21,234 $1,254,663 $0 $0
2014 $16,971 $866,365 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11151915

MIAMI REALTORS® MLS

APN: 24-5205-002-0280