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310 Island Drive

310 Island Drive, Key Biscayne, FL 33149
Sold Jul 10, 2020
$3,750,000
$2,625,000 by Synovus Bank
Mortgage Due Aug 01, 2050
Local assessors in Key Biscayne, FL have categorized 310 Island Drive as a residential type of property. The home was built in 2023 and is 1 years old. The property's lot size has been calculated to be 12,800 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 800 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 310 Island Drive has a total of 5,890 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of concrete block were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 310 Island Drive was last sold in Jul 7, 2020 for $3,750,000. According to our calculations, that's $517.96 per sqft. Current property owners are expected to pay $41,189 in taxes per year. The property on 310 Island Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,522,551. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,800
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 800
  • Total Building Area: 7,240
  • Gross Building Area: 7,240
  • Building Area: 5,890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,890
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPE FLA SUB
  • Land Acres: 0.294
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5 55 42 CAPE FLA SUB SEC 2 PB 70-67 LOT A BLK 2 & PROP INT IN & TO WATERWAY LOT SIZE 80.000 X 160 OR 16519-2998 0594 4 COC 26383-4908 04 2008 5

Ownership

  • Current Owner : STABILE NELSON C
  • Current Owner 2: BALLESTAS VANESSA M
  • Previous Owner : WARNER PETER G
  • Previous Owner 2: WARNER JOHN P
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Apr 04, 2024

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: KEY BISCAYNE
  • Census Tract: 004602

Zoning

  • Zoning: 2000

Geography

  • Assessors Map Reference: 325
  • District: 24
  • Parcel: 24-5205-011-0010
  • Block: 2
  • Lot: A
  • Meridian: SEC 05 TWN 55S RNG 42E
  • Municipality: KEY BISCAYNE
  • Latitude: 25.6854
  • Longitude: -80.1678

    Address

  • Full Address: 310 Island Dr
  • Address - House Number: 310
  • Address - Street Name: Island
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Biscayne
  • Carrier Code: C071
  • 4-Digit Zip Code: 2414
  • Zip Code: 33149

Valuation

    Tax

  • Total Area: 6,054
  • Tax Year: 2023
  • Tax Amount: $41,189
  • Tax Rate Code Area: 2400

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,625,000
  • First Open Lien Mortgage Lender: SYNOVUS BANK
  • First Open Lien Mortgage Recording Date: Jul 10, 2020
  • First Open Lien Mortgage Loan Amount: $2,625,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $4,112,640
  • Market Land Value: $4,112,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,522,551

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2020
  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Transaction ID: 11773774108
  • Current Sale Price: $3,750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0377839

    Last Sale Mortgage

  • First Mortgage Lender: SYNOVUS BANK
  • First Mortgage Transaction Date: Jul 10, 2020
  • First Mortgage Loan Amount: $2,625,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Key Biscayne



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$6,000 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,404 ft²
Listing by Michele Estevez

Frequently Asked Questions

What neighborhood is 310 Island Drive located in?
The 310 Island Drive is a house located in the neighborhood of Cape Florida in Key Biscayne, Key Biscayne.
What is the average sales price for listings in 310 Island Drive?
The average sales price for units in 310 Island Drive is $0 currently.

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