NOT LISTED FOR SALE

Estimated Value: $4,117,000 - $4,779,000

4 Beds
3.5 Baths
3,359 Sq Ft
$1,314/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $3,320,000 $988 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $28,455/month

79 Days on Market

Highlights

  • Newly Remodeled
  • Green Energy Generation
  • Deck
  • Key Biscayne K-8 Center Rated A-
  • Room in yard for a pool
  • Wood Flooring

About This Home

As of May 2022

Beautiful elevated Key West style split level home located on the very desirable Myrtlewood Lane. Open layout with vaulted ceilings, combining spacious family room with large, beautiful kitchen equipped with high end appliances. Separate formal living room and dining room. 4 Bedrooms (fourth bedroom converted into an office) and 3 1/2 bath bathrooms. Double car garage converted into extra bedroom, full size bathroom and entertainment room. Family room opens to ample outside area with tiled sundeck and patio with Chicago brick pavers. New roof (2018). Hurricane shutters. Hard wood floors. Full house generator. Great house for entertaining. Beach Club membership. Seller will assign all interest in Grand Bay Club membership to buyer (pool, beach, etc.), subject to Club approval.

Last Agent to Sell the Property

Ari Marko

Ariadne Marko PA License #0662265 Listed on: 02/19/2022

Last Buyer's Agent

Maria Lea Plaza

LP Realty, LLC. License #3228685

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,033

Year Built

  • Built in 1994 | Newly Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Flat Tile Roof

Interior Spaces

  • 3,359 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Paddle Fans
  • Plantation Shutters
  • Blinds
  • Family Room
  • Formal Dining Room
  • Den
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Bidet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Complete Panel Shutters or Awnings
  • Fire and Smoke Detector

Parking

  • Converted Garage
  • Driveway
  • Open Parking

Eco-Friendly Details

  • Green Energy Generation

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Glades High School

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-001-1580

Community Details

Overview

  • No Home Owners Association
  • Biscayne Key Estates Subdivision
  • The community has rules related to no trucks or trailers

Recreation

  • Beach Club Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,033

Year Built

Built in 1994 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Directions: Crandon Blvd. to Westwood Drive: Make a right, continue straight and make a left on Myrtlewood Lane. The house is the fourth house on the right.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BISCAYNE KEY ESTATES
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Other Equipment/Appliances, Water Purifier, Gas Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Second Floor Entry, Built-in Features, Den/Library/Office, Family Room, Garage Converted, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 3359
  • Possible Use: Primary
  • Window Features: Complete Panel Shutters/Awnings, Hurricane Shutters, Blinds, Plantation Shutters
  • Bedroom Features: Master Bedroom Upstairs, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Garage Converted, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Exterior Features: Lighting, Room For Pool
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE KEY ESTATES
  • Open Parking: Yes
  • Parking Features: Driveway, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Paddle Fans
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach Club Member Available, Paved Road, Public Road, Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Glades High
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-05-001-1580
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Energy Generation

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Plaza Rodolfo Lea & Maria Carolina Lea
Bought by
Mcrlp Trust and Plaza
Total Days on Market
79
Current Estimated Value
$4,414,378

Purchase Details

Listed on
Feb 19, 2022
Closed on
May 10, 2022
Sold by
Magolnick Joel S and Magolnick Elena
Bought by
Plaza Rodolfo Lea and Plaza Maria Carolina Lea
Seller's Agent
Ari Marko
Ariadne Marko PA
Buyer's Agent
Maria Lea Plaza
LP Realty, LLC.
List Price
$3,700,000
Sold Price
$3,320,000
Premium/Discount to List
-$380,000
-10.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$2,656,000
Interest Rate
5.27%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Mcrlp Trust -- None Listed On Document
Plaza Rodolfo Lea $3,320,000 Kimberly A Abrams & Associates
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Plaza Rodolfo Lea $2,656,000
Previous Owner Magolnick Joel S $1,000,000
Previous Owner Magolnick Elena Maria $512,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $3,320,000 -10.3% $988 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $3,700,000 -- $1,102 / 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
2024 $44,098 $2,743,460 $1,725,000 $1,018,460
2023 $44,098 $2,719,579 $1,725,000 $994,579
2022 $13,010 $787,243 $0 $0
2021 $12,033 $705,036 $0 $0
2020 $10,852 $695,302 $0 $0
2019 $10,621 $679,670 $0 $0
2018 $10,070 $666,998 $0 $0
2017 $9,936 $653,280 $0 $0
2016 $9,972 $639,844 $0 $0
2015 $10,113 $635,397 $0 $0
2014 $10,272 $630,355 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11163389

MIAMI REALTORS® MLS

APN: 24-5205-001-1580