NOT LISTED FOR SALE

Estimated Value: $5,082,877 - $6,565,000

5 Beds
5 Baths
4,040 Sq Ft
$1,401/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Marble Flooring
  • Formal Dining Room
  • Key Biscayne K-8 Center Rated A-
  • No HOA
  • 1-minute walk to Harbor Drive Park

About This Home

As of December 2018

Outstanding custom-built elevated residence with roof top terrace to enjoy sunsets and evening breezes! 5/5 plus study/office and spacious family room. Features include vaulted ceilings, top-of-the-line gourmet kitchen with ample-sized pantry, separate formal dining room, 2 master suites, closets and storage galore, 2-car garage plus an inviting pool/patio area.

Last Agent to Rent the Property

Betty Portuondo

Coldwell Banker Realty License #0512772 Listed on: 06/26/2018

Coldwell Banker Realty

Last Renter's Agent

Susana Braun

Coldwell Banker Realty License #3028061

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,814

Year Built

  • Built in 1999

Lot Details

  • 9,725 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,040 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Fire Sprinkler System

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Porch

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Tropical Isle Homes Sub Subdivision
  • The community has rules related to no trucks or trailers

Listing and Financial Details

  • Property Available on 6/26/18
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-52-05-004-0170

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,814

Year Built

Built in 1999

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2018-06-26
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1999
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: Tropical Isle Homes Sub
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Ceramic Floor, Marble
  • Furnished: Unfurnished
  • Living Area: 4040
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 2
  • Window Features: Hurricane Shutters
  • Dining Room Features: Formal Dining

Exterior Features

  • Roof: Other
  • View: None
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Tropical Isle Homes Sub
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: No Trucks/Trailers

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-004-0170
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9725
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2019
Sold by
Montoya Sergio and Montoya Juliette
Bought by
Malavenda Sebastian and Malavenda George Alexander
Current Estimated Value
$5,527,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 29, 1997
Sold by
Morales Rene
Bought by
Montoya Sergio and Montoya Juliette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.85%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Malavenda Sebastian $2,925,000 Attorney
Montoya Sergio $437,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malavenda Irrevocable Trust $2,280,000
Closed Malavenda Sebastian $1,925,000
Previous Owner Montoya Sergio $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Rented $12,500 0.0% --
10/29/2018 10/29/18 Price Changed $12,500 -10.7% $3 / Sq Ft
09/05/2018 09/05/18 Price Changed $14,000 -9.7% $3 / Sq Ft
06/26/2018 06/26/18 For Rent $15,500 +868.8% --
05/07/2017 05/07/17 Rented $1,600 -89.0% --
05/03/2017 05/03/17 Off Market $14,500 -- --
04/26/2017 04/26/17 Price Changed $14,500 +238.8% $4 / Sq Ft
04/25/2017 04/25/17 For Rent $4,280 -70.5% --
05/14/2015 05/14/15 Rented $14,500 -3.3% --
05/14/2015 05/14/15 For Rent $15,000 -- --
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 $38,814 $2,498,448 -- --
2024 $38,296 $2,428,035 -- --
2023 $38,296 $2,357,316 $0 $0
2022 $36,869 $2,288,657 $0 $0
2021 $36,996 $2,221,998 $1,346,912 $875,086
2020 $34,440 $2,084,768 $1,198,606 $886,162
2019 $38,210 $2,307,362 $1,410,125 $897,237
2018 $37,151 $2,318,438 $1,410,125 $908,313
2017 $43,460 $2,689,339 $0 $0
2016 $44,653 $2,700,414 $0 $0
2015 $42,289 $2,474,687 $0 $0
2014 $39,638 $2,249,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10493187

MIAMI REALTORS® MLS

APN: 24-5205-004-0170