NOT LISTED FOR SALE

Estimated Value: $3,381,000 - $5,075,000

3 Beds
2 Baths
1,249 Sq Ft
$3,595/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $1,225,000 $981 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $27,916/month

61 Days on Market

Highlights

  • Beach Access
  • No HOA
  • Central Heating and Cooling System
  • Key Biscayne K-8 Center Rated A-
  • 1-Story Property
  • 3-minute walk to Lake Park

About This Home

As of May 2018

Great development opportunity to built a 3.700 sq ft home in the best part of Fernwood rd with no commercial properties behind. This is an over-sized lot with a great potential. Lot Size 7,967 sqft.

Last Listed By

Lucas Boccheciampe

Vantage Real Estate LLC License #3291732 Listed on: 02/27/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,983

Year Built

  • Built in 1954

Lot Details

  • 7,967 Sq Ft Lot
  • East Facing Home
  • Property is zoned 5700

Interior Spaces

  • 1,249 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Mast Academy High School

Additional Features

  • Beach Access
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bisc Key Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-003-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,983

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: Beach Access
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BISC KEY ESTATES
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dryer, Ice Maker, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1249
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: None
  • Exterior Features: Other
  • Direction Faces: East
  • Lot Features: Regular Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISC KEY ESTATES
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road, Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-05-003-0050
  • Lot Size Sq Ft: 7967
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 18983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
759 Fernwood Investment Llc
Bought by
Rinaldi Humberto and Yagodnik Florencia
Total Days on Market
61
Current Estimated Value
$4,490,030

Purchase Details

Listed on
Feb 27, 2018
Closed on
May 7, 2018
Sold by
759 Fernwood Rd Llc
Bought by
759 Fernwood Investment Llc
Seller's Agent
Lucas Boccheciampe
Vantage Real Estate LLC
Buyer's Agent
Florencia Yagodnik
C W V Realty Group LLC
List Price
$1,295,000
Sold Price
$1,225,000
Premium/Discount to List
-$70,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.85%

Purchase Details

Listed on
Dec 19, 2017
Closed on
Feb 20, 2018
Sold by
James Russell W and James J
Bought by
759 Fernwood Rd Llc
Seller's Agent
Cristian Black
BHHS EWM Realty
Buyer's Agent
Lucas Boccheciampe
Vantage Real Estate LLC
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
162.84%

Purchase Details

Closed on
Sep 7, 2006
Sold by
James Betty Ruth
Bought by
James Betty Ruth

Purchase Details

Closed on
Aug 12, 2003
Sold by
London Victoria
Bought by
South Bay Developers Vi Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$947,108
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 2003
Sold by
South Bay Developers Vi Lc
Bought by
London Victoria

Purchase Details

Closed on
Jun 1, 1993
Sold by
Swartz Kenneth M and Swartz Jill T
Bought by
Rodriguez Myriam

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
Rinaldi Humberto $1,137,900 R&S International Law Group Ll
759 Fernwood Investment Llc $1,225,000 Attorney
759 Fernwood Rd Llc $1,000,000 Palm Title Corporation
James Betty Ruth -- Attorney
South Bay Developers Vi Lc $478,000 --
London Victoria $457,000 --
Rodriguez Myriam $198,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rinaldi Humberto $695,000
Previous Owner 759 Fernwood Investment Llc $1,890,000
Previous Owner South Bay Developers Vi Lc $1,200,000
Previous Owner South Bay Developers Vi Lc $947,108
Previous Owner Crespo Myriam $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold $1,225,000 -5.4% $981 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $1,295,000 +29.5% $1,037 / Sq Ft
02/20/2018 02/20/18 Sold $1,000,000 -13.0% $801 / Sq Ft
01/11/2018 01/11/18 Pending -- -- --
12/16/2017 12/16/17 For Sale $1,150,000 -- $921 / 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 $33,391 $2,174,121 -- --
2023 $33,391 $2,110,798 $0 $0
2022 $32,159 $2,443,220 $1,115,380 $1,327,840
2021 $16,164 $968,787 $968,787 $0
2020 $16,015 $968,787 $968,787 $0
2019 $16,055 $968,787 $968,787 $0
2018 $17,193 $1,072,283 $968,787 $103,496
2017 $18,983 $1,066,818 $0 $0
2016 $18,599 $969,835 $0 $0
2015 $17,014 $881,669 $0 $0
2014 $15,691 $801,518 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10424516

MIAMI REALTORS® MLS

APN: 24-5205-003-0050