See Home Value
$2,213,260*
House - Off Market

371 W HEATHER DR

Key Biscayne, FL 33149
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2514 Sqft
$1,935,000 - $2,365,000
Reference Base Price*
2.94%
Since Jul 1, 2023
FL-Miami
Primary Model
Sold May 18, 2023
$1,979,000
$766,550 by Academy Mortgage Corp.
Mortgage Due Mar 01, 2039
Sold Mar 11, 2015
$1,600,000

About This Property

Enjoy everything Key Biscayne has to offer by obtaining this centrally located 4 bedroom / 3 bathroom house on a 7,500 SqFt lot. Great walkability and close to schools, parks, Key Biscayne Yacht Club, shopping, dining and more. Don't miss this great opportunity to renovate the current home or build your dream house. Priced to sell and won't last long! Architectural plans available to buyer.

The manager has listed the unit size as 2514 square feet.
Unit Size
2,514Ft²
Days on Market
-
Land Size
-
Price per sqft
$855
Property Type
House
Property Taxes
$1,824
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Jun 8, 2023 No longer available -
No longer available
May 18, 2023 Sold $1,979,000
Sold
Dec 13, 2022 Price Decreased $2,150,000
↓ $100K (4.4%)
Price Decreased
Jul 13, 2022 Listed $2,250,000
Listed
Mar 20, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,190
  • Gross Building Area: 3,190
  • Building Area: 2,514
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,514
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TROPICAL ISLE HOMES SUB 4TH ADDN
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 32 54 42 PB 53-39 TROPICAL ISLE HOMES SUB 4TH ADDN LOT 12 BLK 30 CF 73R48760 LOT SIZE 75.000 X 100

Ownership

  • Current Owner : ACTUARIAL FACTOR GLOBAL LLC
  • Previous Owner : 371 HEATHER LLC
  • Owner Before Previous Owner: HINE MARIA
  • Owner Before Previous Owner 2: ARELLANO MARIA R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 272
  • District: 24
  • Parcel: 24-4232-006-3270
  • Block: 30
  • Lot: 12
  • Meridian: SEC 32 TWN 54S RNG 42E
  • Municipality: KEY BISCAYNE
  • Latitude: 25.6941
  • Longitude: -80.1713

    Address

  • Full Address: 371 W Heather Dr
  • Address - House Number: 371
  • Street Direction: W
  • Address - Street Name: Heather
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Biscayne
  • Carrier Code: C075
  • 4-Digit Zip Code: 1860
  • Zip Code: 33149

Valuation

    Tax

  • Total Area: 2,472
  • Tax Year: 2023
  • Tax Amount: $29,115
  • Tax Rate Code Area: 2400

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 2,235,644
  • High Value: 2,445,650
  • Low Value: 2,025,639

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $766,550
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP.
  • First Open Lien Mortgage Recording Date: Feb 08, 2024
  • First Open Lien Mortgage Loan Amount: $766,550
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2039

    Market Valuation

  • Market Total Value: $2,029,606
  • Market Land Value: $1,725,000
  • Market Improvement Value: $304,606

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,529,863

    Sales

  • Current Sale Contract Date: May 11, 2023
  • Current Sale Recording Date: May 18, 2023
  • Current Sale Transaction ID: 11907589810
  • Current Sale Price: $1,979,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 333039
  • Previous Sale Recording Date: Mar 11, 2015
  • Previous Sale Contract Date: Mar 05, 2015
  • Previous Sale Amount: $1,600,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: 371 HEATHER LLC
  • First Mortgage Transaction Date: May 18, 2023
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: May 10, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
1,754 ft²
$1,425/ft²
$2,500,000 Nov 11, 2022
-
$1,867/mo
House
5 Beds
5.5 Baths
3,518 ft²
$679/ft²
$2,390,000 Feb 14, 2023
-
$1,747/mo
Condo
3 Beds
3 Baths
2,497 ft²
$1,001/ft²
$2,500,000 Apr 18, 2023
-
$5,832/mo
Condo
3 Beds
3 Baths
2,683 ft²
$930/ft²
$2,495,000 Dec 4, 2022
-
$6,993/mo
Condo
3 Beds
3 Baths
2,330 ft²
$1,073/ft²
$2,500,000 Oct 6, 2022
-
$8,337/mo
Condo
3 Beds
3 Baths
2,174 ft²
$1,127/ft²
$2,450,000 Dec 10, 2022
-
$5,667/mo
Condo
3 Beds
3 Baths
2,010 ft²
$970/ft²
$1,950,000 Apr 11, 2023
-
$3,668/mo
House
Stu
-
-
$2,200,000 May 18, 2022
-
-
Land
Loft
-
-
$2,200,000 Jun 15, 2021
-
-

About Key Biscayne


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Frequently Asked Questions

When was property at 371 West Heather Drive built and last sold?
The property at 371 West Heather Drive was built in 1960 and last sold on May 11, 2023 for $1,979,000.
How much is this home worth?
The estimated value of the home located at 371 West Heather Drive is $2,225,930.
What are some comparable homes to 371 West Heather Drive?
There are currently no comparable homes to 371 West Heather Drive.

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