NOT LISTED FOR SALE

9 Coconut Ln Key Biscayne, FL 33149

Estimated Value: $4,269,187 - $5,607,000

5 Beds
7 Baths
4,007 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $2,300,000 $574 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $28,874/month

534 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Maid or Guest Quarters
  • 5-minute walk to Paradise Park

About This Home

As of January 2019

EXTREMELY PRIVATE GRAND BAY VILLA ON LOVELY COCONUT LN. WITH DIRECT ACCESS TO THE GB PRIVATE PARK FROM THE HOUSE. THIS PROPERTY HAS LOTS OF LIGHT EVERYWHERE; FEATURES AMPLE AND BEAUTIFUL 5 BEDROOMS; 7 BATHS; ELEGANT SOCIAL AREA; LARGE FAMILY ROOM; OPEN KITCHEN; POOL; COVERED TERRACE, AND PATIO. A WONDERFUL VALUE PROPOSITION IN AN OUTSTANDING LOCATION. PLEASE SEE BROKERS REMARKS FOR SHOWING INSTRUCTIONS.

Last Agent to Sell the Property

Vivianna Franchy

BHHS EWM Realty License #3137265 Listed on: 06/11/2017

BHHS EWM Realty

Last Buyer's Agent

Jacqueline Gallardo

One Sotheby's International Realty License #3165123

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,237

Year Built

  • Built in 1998

Lot Details

  • 6,345 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $1,137 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,007 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Entrance Foyer
  • Family Room
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Free-Standing Freezer
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Maid or Guest Quarters
  • 7 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-047-0520

Community Details

Overview

  • G B Villas Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,237

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,137 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Directions: GRAND BAY VILLAGE AND ESTATES GATE TO COCONUT LANE.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: G B VILLAS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Freezer, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 7
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4007
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Other
  • Living Room Features: Family Room, Maid/In-Law Quarters, Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: G B VILLAS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 1137
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated, Gated Community, Mandatory Hoa
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 24-52-05-047-0520
  • Lot Size Sq Ft: 6345
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 38237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2017
Closed on
Jan 22, 2019
Sold by
Bavestrello Daniela
Bought by
Irurita Tomasena Santiago and Larena Maria J
Seller's Agent
Vivianna Franchy
BHHS EWM Realty
Buyer's Agent
Jacqueline Gallardo
One Sotheby's International Realty
List Price
$2,695,000
Sold Price
$2,300,000
Premium/Discount to List
-$395,000
-14.66%
Current Estimated Value
$4,802,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,502,797
Avg. Annual Appreciation
11.09%
Original Mortgage
$750,000
Outstanding Balance
$659,403
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$4,143,394

Purchase Details

Closed on
Jun 29, 2001
Sold by
Financial Platinum I
Bought by
Bavestrello Daniela

Purchase Details

Closed on
Jun 11, 1998
Sold by
Llanes Jose L
Bought by
Platinum Financial Inc
Source: Public Records
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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
Irurita Tomasena Santiago $2,300,000 Attorney
Bavestrello Daniela $1,450,000 --
Platinum Financial Inc $967,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irurita Tomasena Santiago $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2019 01/23/19 Sold $2,300,000 -4.2% $574 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $2,400,000 -4.0% $599 / Sq Ft
06/01/2018 06/01/18 Price Changed $2,500,000 -0.8% $624 / Sq Ft
04/09/2018 04/09/18 Price Changed $2,520,000 -6.5% $629 / Sq Ft
06/11/2017 06/11/17 For Sale $2,695,000 0.0% $673 / Sq Ft
07/18/2016 07/18/16 Rented $12,000 -2.4% --
06/14/2016 06/14/16 Under Contract -- -- --
05/25/2016 05/25/16 Price Changed $12,300 -18.0% $3 / Sq Ft
04/15/2016 04/15/16 For Rent $15,000 +7.1% --
06/15/2015 06/15/15 Rented $14,000 -6.7% --
05/16/2015 05/16/15 Under Contract -- -- --
04/13/2015 04/13/15 For Rent $15,000 +9.1% --
03/07/2014 03/07/14 Rented $13,750 -1.8% --
03/07/2014 03/07/14 For Rent $14,000 0.0% --
10/01/2013 10/01/13 Rented $14,000 -6.7% --
09/01/2013 09/01/13 Under Contract -- -- --
06/09/2013 06/09/13 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 $33,566 $2,207,688 -- --
2024 $33,101 $2,145,470 -- --
2023 $33,101 $2,082,981 $0 $0
2022 $32,616 $2,022,312 $0 $0
2021 $32,721 $1,963,410 $1,072,305 $891,105
2020 $31,958 $1,974,833 $1,072,305 $902,528
2019 $32,492 $1,963,102 $1,129,410 $833,692
2018 $32,908 $2,054,786 $1,129,410 $925,376
2017 $37,170 $2,300,975 $0 $0
2016 $38,237 $2,312,397 $0 $0
2015 $36,975 $2,187,870 $0 $0
2014 $35,289 $2,040,561 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10288758

MIAMI REALTORS® MLS

APN: 24-5205-047-0520