NOT LISTED FOR SALE

Estimated Value: $3,624,000 - $6,828,000

4 Beds
2 Baths
1,850 Sq Ft
$3,086/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $1,250,000 $676 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $34,767/month

93 Days on Market

Highlights

  • Garden View
  • No HOA
  • Circular Driveway
  • Key Biscayne K-8 Center Rated A-
  • Formal Dining Room
  • Tile Flooring

About This Home

As of February 2020

Ideal Island residence ready for occupancy and enjoyment while planning for future possibilities. This comfortable 4/2 is strategically located on a quiet low traffic tree-lined street. Future owners of this lovely home will have the opportunity to enjoy island life that Key Biscayne offers. Small community minutes away from city life. The property offers a comfortable floor plan with a private dining room and spacious living areas. Potential of expansion or build your dream home.

Buyers must connect sewers after closing at the buyer's expense.

Last Agent to Sell the Property

Patricia Peraita

Coldwell Banker Realty License #3255555 Listed on: 10/29/2019

Coldwell Banker Realty

Co-Listed By

Patricia Romano

Coldwell Banker Realty License #3255554

Last Buyer's Agent

Maria Jarque

Fortune Christie's International Real Estate License #0537890

Fortune Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,616

Year Built

  • Built in 1950

Lot Details

  • 7,930 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Blinds
  • Formal Dining Room
  • Tile Flooring
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Open Parking

Schools

  • Keybiscayne Elementary School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Biscayne Key Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-001-2400

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,616

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: CBRE07
  • Co List Office Phone: 305-361-5722
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BISCAYNE KEY ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, No Additional Rooms
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1850
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE KEY ESTATES
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables

Lot Info

  • Parcel Number: 24-52-05-001-2400
  • Lot Size Sq Ft: 7930
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 20616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Maria T Lazo Revocable Trust and Lazo Jorge F
Bought by
Lazo Carmen Maria
Current Estimated Value
$5,708,435

Purchase Details

Listed on
Oct 29, 2019
Closed on
Feb 28, 2020
Sold by
Lopez John J
Bought by
Lazo Jorge F and Lazo Maria T
Seller's Agent
Patricia Peraita
Coldwell Banker Realty
Buyer's Agent
Maria Jarque
Fortune Christie's International Real Estate
List Price
$1,375,000
Sold Price
$1,250,000
Premium/Discount to List
-$125,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.81%
Source: Public Records

Range of Values:

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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
Lazo Carmen Maria -- None Listed On Document
Lazo Jorge F $1,250,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $1,250,000 -3.1% $676 / Sq Ft
01/29/2020 01/29/20 Price Changed $1,290,000 -6.2% $697 / Sq Ft
10/28/2019 10/28/19 For Sale $1,375,000 -- $743 / 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 $55,456 $3,607,416 -- --
2024 $25,719 $3,505,750 -- --
2023 $25,719 $1,328,948 $0 $0
2022 $21,592 $1,208,135 $0 $0
2021 $20,840 $1,200,734 $1,098,305 $102,429
2020 $18,610 $1,125,806 $977,372 $148,434
2019 $6,131 $434,802 $0 $0
2018 $20,616 $1,285,890 $1,149,850 $136,040
2017 $5,711 $417,919 $0 $0
2016 $5,739 $409,324 $0 $0
2015 $5,820 $406,479 $0 $0
2014 $5,920 $403,253 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10763427

MIAMI REALTORS® MLS

APN: 24-5205-001-2400