NOT LISTED FOR SALE

Estimated Value: $3,005,764 - $3,836,000

5 Beds
3 Baths
2,610 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $2,150,000 $824 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $20,800/month

53 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • No HOA
  • Key Biscayne K-8 Center Rated A-
  • Main Floor Bedroom
  • 5-minute walk to Harbor Drive Park

About This Home

As of August 2021

BEAUTIFUL HOME FOR YOUR RELAXATION AND ENJOYMENT OF THE KEY BISCAYNE LIFESTYLE. BRIGHT MULTI LEVEL HOME GREAT FOR ENTERTAINMENT. WALKING DISTANCE TO ELEMENTARY. NEEDS UPDATING. SMALL LOFT IN ALL OF THE 3 BEDROOMS GIVING THEM EXTRA SPACE. OWNER OCCUPIED , 24 HR NOTICE PREFERRED. BEACH CLUB MEMBERSHIP INCLUDED. CALL BROKER FOR APPOINTMENT.REDUCED AS SELLER WANTS A QUICK SALE. BRING YOUR OFFERS

Last Agent to Sell the Property

Mario delasCuevas

MMLS Assoc.-Inactive Member License #3111418 Listed on: 03/31/2021

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Dolores Urdapilleta

Urdapilleta Real Estate, LLC License #3245467

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,690

Year Built

  • Built in 1995 | Newly Remodeled

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,610 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Reverse Cycle Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-002-0080

Community Details

Overview

  • No Home Owners Association
  • Tropical Isle Homes Sub Subdivision

Recreation

  • Beach Club Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,690

Year Built

Built in 1995 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Multi Level
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Cooking Island, Entrance Foyer, Pantry, Family Room
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2610
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination, Formal Dining
  • Living Room Features: Family Room

Exterior Features

  • Roof: Metal Roof
  • View: None
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Patio, Screened Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TROPICAL ISLE HOMES SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Reverse Cycle Unit
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach Club Member Available

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-002-0080
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jul 29, 2021
Sold by
Borrero Alex and Borrero Stephen
Bought by
Ortiz Jorge E and Forero Carolina
Seller's Agent
Mario delasCuevas
MMLS Assoc.-Inactive Member
Buyer's Agent
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
List Price
$2,400,000
Sold Price
$2,150,000
Premium/Discount to List
-$250,000
-10.42%
Current Estimated Value
$3,371,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,221,191
Avg. Annual Appreciation
9.97%
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2021
Sold by
Borrero Coto Lilliana
Bought by
Esteban Borrero Declaration Of Trust

Purchase Details

Closed on
Aug 18, 2006
Sold by
Borrero Esteban
Bought by
Esteban Borrero Declaration Of Trust
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
Ortiz Jorge E $2,150,000 Attorney
Esteban Borrero Declaration Of Trust -- Attorney
Esteban Borrero Declaration Of Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Jorge E $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $2,150,000 0.0% $824 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/18/2021 04/18/21 Price Changed $2,150,000 -10.4% $824 / Sq Ft
03/22/2021 03/22/21 For Sale $2,400,000 -- $920 / 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 $29,167 $1,861,647 -- --
2024 $28,773 $1,809,181 -- --
2023 $28,773 $1,756,487 $0 $0
2022 $27,623 $1,705,328 $0 $0
2021 $27,905 $1,628,785 $1,038,750 $590,035
2020 $11,690 $744,607 $0 $0
2019 $11,442 $727,867 $0 $0
2018 $10,851 $714,296 $0 $0
2017 $10,696 $699,605 $0 $0
2016 $10,722 $685,216 $0 $0
2015 $10,874 $680,453 $0 $0
2014 $11,042 $675,053 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11021217

MIAMI REALTORS® MLS

APN: 24-5205-002-0080