NOT LISTED FOR SALE

561 Harbor Dr Key Biscayne, FL 33149

Estimated Value: $2,999,993 - $3,671,000

3 Beds
2 Baths
1,524 Sq Ft
$2,188/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $3,100,000 $2,034 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $20,796/month

246 Days on Market

Highlights

  • In Ground Pool
  • Garden View
  • No HOA
  • Key Biscayne K-8 Center Rated A-
  • Great Room
  • 1-minute walk to Harbor Drive Park

About This Home

As of June 2023

Don’t miss this rare opportunity to own a unique tropical island home located in the prestigious Harbor Drive in Key Biscayne. Enjoy a custom made house from the moment you enter the high-ceiling living/ dinning great room that overlooks a spacious terrace, pool and back yard surrounded by palms and tropical fruit trees. Light-filled living spaces include 3 bedrooms, 2 bathrooms, living/dining room, kitchen & breakfast area, laundry room, and carport. Boosting an oversized lot of 9,557 sq. Ft. (Average is 7,500sq.ft.) The possibilities are endless to develop your dream home.
The island of Key Biscayne is causeway away from Miami and is home of pristine beaches, parks, a great golf course, marinas,Tennis Center, top schools, unique restaurants and boutiques, and more.

Last Agent to Sell the Property

Ana Maria Jauregui

Fortune Christie's International Real Estate License #0566130 Listed on: 09/30/2022

Fortune Christie's International Real Estate

Last Buyer's Agent

Martine Paulin

Compass Florida, LLC License #3059360

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,982

Year Built

  • Built in 1956

Lot Details

  • 9,557 Sq Ft Lot
  • West Facing Home
  • Property is zoned 0100

Property Views

  • Garden
  • Pool

Home Design

  • Flat Tile Roof

Interior Spaces

  • 1,524 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Terrazzo Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • Driveway
  • Open Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tropical Isle Homes Sub 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-004-0180

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,982

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Great Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Terrazzo
  • Furnished: Unfurnished
  • Living Area: 1524
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level
  • Living Room Features: Great Room, Utility Room/Laundry

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Pool
  • Exterior Features: Fruit Trees, Outdoor Shower
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 2
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric, Other
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-004-0180
  • Lot Size Sq Ft: 9557
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 22982

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Jun 14, 2023
Sold by
Musacchia Eeva and Musacchia Robert
Bought by
Robinson David Gregory and Muruzabal Mariana Sandra
Seller's Agent
Ana Maria Jauregui
Fortune Christie's International Real Estate
Buyer's Agent
Martine Paulin
Compass Florida, LLC
List Price
$3,500,000
Sold Price
$3,100,000
Premium/Discount to List
-$400,000
-11.43%
Views
141
Current Estimated Value
$3,333,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,998
Avg. Annual Appreciation
2.94%
Original Mortgage
$1,525,000
Outstanding Balance
$1,483,923
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,850,075

Purchase Details

Closed on
Mar 28, 2023
Sold by
Musacchia Robert and Musacchia Eeva
Bought by
Musacchia Eeva

Purchase Details

Closed on
May 1, 2009
Sold by
Windstar Investments Inc
Bought by
Musacchia Robert and Musacchia Eeva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2004
Sold by
Ambrose Joan Johnston
Bought by
Windstar Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
5.91%
Mortgage Type
Unknown
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
Robinson David Gregory $3,100,000 None Listed On Document
Musacchia Eeva $197,100 None Listed On Document
Musacchia Robert $1,100,000 Attorney
Windstar Investments Inc $1,245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson David Gregory $1,525,000
Previous Owner Musacchia Robert $417,000
Previous Owner Windstar Investments Inc $787,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $3,100,000 -6.1% $2,034 / Sq Ft
02/08/2023 02/08/23 Price Changed $3,300,000 -5.7% $2,165 / Sq Ft
10/10/2022 10/10/22 For Sale $3,500,000 -- $2,297 / 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 $39,314 $2,672,967 -- --
2024 $23,808 $2,429,970 $2,198,110 $231,860
2023 $23,808 $1,453,811 $0 $0
2022 $22,929 $1,411,467 $0 $0
2021 $22,982 $1,370,357 $0 $0
2020 $21,685 $1,351,437 $1,177,900 $173,537
2019 $24,575 $1,522,736 $0 $0
2018 $24,085 $1,542,129 $1,385,765 $156,364
2017 $26,913 $1,487,916 $0 $0
2016 $26,361 $1,352,651 $0 $0
2015 $24,614 $1,229,683 $0 $0
2014 $22,699 $1,117,894 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11278194

MIAMI REALTORS® MLS

APN: 24-5205-004-0180