NOT LISTED FOR SALE

Estimated Value: $7,133,000 - $11,923,412

6 Beds
5 Baths
5,472 Sq Ft
$1,600/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $4,000,000 $731 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $54,879/month

39 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Above Ground Pool
  • Key Biscayne K-8 Center Rated A-
  • Private Dock
  • Garage Apartment

About This Home

As of September 2019

LOCATION...LOCATION... LOCATION....UNIQUE OPPORTUNITY...BUILD YOUR DREAM HOME ON AN OVERSIZED 15,500 SQFT WATERFRONT LOT IN KEY BISCAYNE. OFFERING MORE THAN 100 FT OF WATER EXPOSURE. A DREAM LOCATION FOR BOAT LOVERS. THERE IS AN EXISTING 6/5 HOME ON SITE. CALL LA FOR SHOWING INSTRUCTIONS.

Last Agent to Sell the Property

Luis Henao

Miller Eaton LLC License #3253100 Listed on: 07/23/2019

Last Buyer's Agent

Jorge Mendez

BHHS EWM Realty License #3270341

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,928

Year Built

  • Built in 1960

Lot Details

  • 100 Ft Wide Lot
  • Home fronts a canal
  • South Facing Home
  • Property is zoned 2000

Parking

  • 2 Car Attached Garage
  • Garage Apartment
  • Converted Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • On-Street Parking
  • Open Parking

Property Views

  • Ocean
  • Intracoastal
  • Canal
  • Pool

Home Design

  • Slate Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,472 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Utility Room in Garage

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer

Outdoor Features

  • Above Ground Pool
  • Property has ocean access
  • Seawall
  • Private Dock
  • Balcony
  • Deck

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cape Florida Sub Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-010-0360

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,928

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CAPE FLORIDA SUB SEC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Entrance Foyer, Skylight, Split Bedroom, Den/Library/Office, Family Room, Garage Apartment, Garage Converted, Maid/In-Law Quarters, Utility/Laundry In Garage
  • Spa Yn: No
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 5472
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Investment
  • Window Features: Hurricane Shutters, Skylight
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Garage Apartment, Garage Converted, Maid/In-Law Quarters, Utility/Laundry In Garage

Exterior Features

  • Roof: Slate
  • View: Canal, Intracoastal View, Ocean, Pool
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CAPE FLORIDA SUB SEC
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered, Driveway, Guest, On Street

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-010-0360
  • Zoning: 2000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 73928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Sep 23, 2019
Sold by
Smith Lorne Albert
Bought by
Perera Ismael and 870 Harbor Drive Trust
Seller's Agent
Luis Henao
Miller Eaton LLC
Buyer's Agent
Jorge Mendez
BHHS EWM Realty
List Price
$4,800,000
Sold Price
$4,000,000
Premium/Discount to List
-$800,000
-16.67%
Current Estimated Value
$8,754,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,754,137
Avg. Annual Appreciation
14.85%

Purchase Details

Listed on
Jul 23, 2019
Closed on
Sep 20, 2019
Sold by
Nelson Margarite Ann and Larrea Janet Frances
Bought by
Perera Ismael and 870 Harbor Drive Trust
Seller's Agent
Luis Henao
Miller Eaton LLC
Buyer's Agent
Jorge Mendez
BHHS EWM Realty
List Price
$4,800,000
Sold Price
$4,000,000
Premium/Discount to List
-$800,000
-16.67%

Purchase Details

Closed on
Jul 29, 2002
Sold by
Renee C Smith I
Bought by
Smith Renee C Trust

Purchase Details

Closed on
Mar 5, 1996
Sold by
Smith Renee C
Bought by
Smith Tr Renee C and Larrea Tr A J
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
Perera Ismael -- Attorney
Perera Ismael $4,000,000 Attorney
Nelson Margarite Ann -- Attorney
Smith Renee C Trust -- --
Smith Tr Renee C $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold $4,000,000 -16.7% $731 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $4,800,000 -- $877 / 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 $86,155 $9,332,260 -- --
2024 $79,378 $5,060,477 -- --
2023 $79,378 $4,600,434 $0 $0
2022 $72,504 $4,182,213 $0 $0
2021 $62,929 $3,802,012 $3,797,500 $4,512
2020 $62,834 $3,802,060 $3,797,500 $4,560
2019 $72,226 $4,360,377 $3,797,500 $562,877
2018 $73,928 $4,612,843 $4,045,500 $567,343
2017 $18,626 $1,188,340 $0 $0
2016 $18,659 $1,163,899 $0 $0
2015 $18,929 $1,155,809 $0 $0
2014 $19,222 $1,146,636 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10710099

MIAMI REALTORS® MLS

APN: 24-5205-010-0360