NOT LISTED FOR SALE

Estimated Value: $4,542,385 - $5,506,000

5 Beds
5.5 Baths
3,848 Sq Ft
$1,321/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $3,250,000 $845 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $32,323/month

34 Days on Market

Highlights

  • Property has ocean access
  • Golf Course Community
  • Sitting Area In Primary Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Concrete Pool
  • Waterfront

About This Home

As of June 2018

Espectacular modern home, 5 beds, 2 family rooms & 5.5 bath, garage for 5 cars plus golf car. Electric car ready. Spanish marble first floor, Brazilian teak 2nd floor, electricity through EMT, PGT impact windows, 10 ft. ceilings, walls , walls finished #5, custom high end closets, electric shades, 500 Gal gas tank, heated gas pool-jacuzzi, cascade, wet bar, summer kitchen with charcoal & gas BBQ, lift from garage to 1st floor, Italian Pedini Kitchen, German faucets in all bathrooms. Zub-Zero appliances, high efficiency A/A. Great for entertainment. Beautiful landscape. Ready to move in.

Last Agent to Sell the Property

Maria Martinez

Florida Realty of Miami Corp License #3349343 Listed on: 03/08/2018

Florida Realty of Miami Corp

Last Buyer's Agent

Brigitte Nachtigall

One Sotheby's International Realty License #0542022

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,351

Year Built

  • Built in 2015

Lot Details

  • 7,590 Sq Ft Lot
  • Lot Dimensions are 75.90x100
  • Waterfront
  • East Facing Home
  • Fenced
  • Property is zoned 10/S FM

Parking

  • 5 Car Attached Garage
  • 2 Attached Carport Spaces
  • Electric Vehicle Home Charger
  • Golf Cart Parking

Home Design

  • Elevated Home
  • Flat Tile Roof
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,848 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Vaulted Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Family Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Studio bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

  • Intercom Access
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Handicap Accessible
  • Handicap Modified
  • Exterior Wheelchair Lift
  • Accessible Doors
  • No Interior Steps

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy Recovery Ventilator
  • Energy-Efficient Thermostat

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Auto Pool Cleaner

Outdoor Features

  • Property has ocean access
  • Deck
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Location

  • East of U.S. Route 1

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • High-Efficiency Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2442320061570

Community Details

Overview

  • No Home Owners Association
  • Tropical Isle Home Sub 4 Subdivision

Amenities

  • Courtesy Bus

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,351

Year Built

Built in 2015

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Multi Level
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • Lot Size: 75.90x100
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOME SUB 4
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Ice Maker, Microwave, Self Cleaning Oven
  • Interior Amenities: Closet Cabinetry, Cooking Island, Custom Mirrors, Elevator, Fire Sprinklers, Handicap Accessible, Handicap Equipped, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed, Handicap Access, Level, Wheelchair, Accessible Doors, Accessible Hallway(s), Handicap Accessible, Handicap Equipped
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3848
  • Other Equipment: Elevator, Intercom, Natural Gas
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Thermal Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs, Studio
  • Dining Room Features: Breakfast Area, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete, Flat Tile
  • View: Pool
  • Exterior Features: Barbeque, Built-In Grill, Lighting
  • Construction Type: CBS Construction, Elevated Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: East Of US 1, Regular Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Features: Automatic Chlorination, Auto Pool Clean, In Ground, Concrete, Heated, Pool/Spa Combo
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TROPICAL ISLE HOME SUB 4
  • Carport Spaces: 2
  • Covered Parking Spaces: 7
  • Garage Spaces: 5
  • Parking Features: Attached Carport, Covered, Electric Vehicle Charging Station(s), Golf Cart Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Courtesy Bus, Golf Course Community, Pool, Tennis Court(s)

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 2442320061570
  • Lot Size Sq Ft: 7590
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, HVAC, Lighting, Thermostat, Ventilation, Water Heater, Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 28351

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
Ortega Hugo R and Ortega Marcela R
Bought by
Kg Pinecrest Llc
Current Estimated Value
$5,269,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,809,517
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$2,272,829

Purchase Details

Listed on
Mar 8, 2018
Closed on
Jun 7, 2018
Sold by
Demarchena Jorge De and Marchena Maria Luisa Martienz De
Bought by
Ortega Hugo R and Pais Marcela R
Seller's Agent
Maria Martinez
Florida Realty of Miami Corp
Buyer's Agent
Brigitte Nachtigall
One Sotheby's International Realty
List Price
$3,495,000
Sold Price
$3,250,000
Premium/Discount to List
-$245,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$2,000,000
Interest Rate
3.58%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 2013
Sold by
Hunsaker Barbara D and De Penaloza Barbara
Bought by
Demarchena Jorge and Demarchena Maria Luisa

Purchase Details

Closed on
Dec 19, 2002
Sold by
Hunsaker Robert H and Hunsaker Barbara D
Bought by
Hunsaker Barbara D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kg Pinecrest Llc $4,350,000 Mercedes M Sellek Pa
Ortega Hugo R $3,250,000 Attorney
Demarchena Jorge $1,360,000 Attorney
Hunsaker Barbara D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kg Pinecrest Llc $3,000,000
Previous Owner Ortega Hugo R $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2018 06/07/18 Sold $3,250,000 -7.0% $845 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $3,495,000 -- $908 / 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 $56,558 $3,738,390 $1,922,700 $1,815,690
2024 $57,766 $3,536,484 $1,700,850 $1,835,634
2023 $57,766 $3,556,430 $1,700,850 $1,855,580
2022 $35,155 $2,180,785 $0 $0
2021 $35,273 $2,117,267 $0 $0
2020 $33,847 $2,088,035 $911,434 $1,176,601
2019 $37,445 $2,261,125 $1,072,275 $1,188,850
2018 $29,154 $1,858,560 $1,072,275 $786,285
2017 $29,532 $1,866,307 $0 $0
2016 $29,582 $1,827,921 $0 $0
2015 $20,243 $1,179,502 $0 $0
2014 $18,543 $1,072,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10431465

MIAMI REALTORS® MLS

APN: 24-4232-006-1570