See Home Value
$4,553,218*
House - Off Market

420 Palmwood Ln

Key Biscayne, FL 33149
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
3542 Sqft
$2,610,000 - $3,190,000
Reference Base Price*
57.01%
Since Jan 1, 2021
FL-Miami
Primary Model
Sold Dec 01, 2009
$1,750,000
$800,000 by Us Bank Na Nd
Mortgage Due Dec 01, 2039
Sold Aug 14, 2009
$182,000

About This Property

Astonishing Mediterranean style home in one of the most sought after streets in Key Biscayne! Australian pine throughout this elevated house, impact windows, elevator, alarm, top of the line appliances and many more features. On the first floor, there is a great entrance, formal dining, formal living, kitchen, TV room and guest bedroom with full bathroom, and a powder room. Access to double terrace and pool with a gazebo for extra space. On the second floor, huge landing that can be used as a family room or office and four bedrooms with each of them a bathroom en suite. The master bedroom has the most beautiful bathroom with double walking closets. You can access a big terrace on the third floor through the private elevator on the stairs, and a bonus room that is used as a TV room.

The manager has listed the unit size as 3542 square feet.
Unit Size
3,542Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$819
Property Type
House
Property Taxes
$2,532
HOA Dues
-
Year Built
2003

Price History

Date / Event Date Event Price
Dec 10, 2020 No longer available -
No longer available
Jul 1, 2020 Listed $2,900,000
Listed
Dec 1, 2009 Sold to Javier Barajas, Maria Deici... $1,750,000
Sold to Javier Barajas, Maria Deici...
Aug 14, 2009 Sold to Commercebank Na Mercantil $182,000
Sold to Commercebank Na Mercantil

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Quality: A
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,795
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 780
  • Total Building Area: 4,105
  • Gross Building Area: 4,105
  • Building Area: 3,484
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,484
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TROPICAL ISLE HOMES SUB 3RD ADDN
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TROPICAL ISLE HOMES SUB 3RD ADDN PB 50-83 LOT 13 BLK 13 LOT SIZE 77.950 X 100 OR 19289-3930 09/2000 1

Ownership

  • Current Owner : BARAJAS JAVIER
  • Current Owner 2: OYARZUN MARIA DEICIAR
  • Previous Owner : MCNA PROPERTIES IV LLC
  • Owner Before Previous Owner: OCANA MIGUEL A
  • Is Owner Occupied: Owner-occupied property

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: 24-4232-005-0190
  • Block: 13
  • Lot: 13
  • Meridian: SEC 32 TWN 54S RNG 42E
  • Municipality: KEY BISCAYNE
  • Latitude: 25.6934
  • Longitude: -80.1717

    Address

  • Full Address: 420 Palmwood Ln
  • Address - House Number: 420
  • Address - Street Name: Palmwood
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Key Biscayne
  • Carrier Code: C077
  • 4-Digit Zip Code: 1818
  • Zip Code: 33149

Valuation

    Tax

  • Total Area: 3,427
  • Tax Year: 2023
  • Tax Amount: $30,613
  • Tax Rate Code Area: 2400

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 4,040,157
  • High Value: 4,766,324
  • Low Value: 3,313,989

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,288,000
  • First Open Lien Mortgage Lender: US BANK NA ND
  • First Open Lien Mortgage Recording Date: Dec 01, 2009
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $800,000
  • 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: Dec 01, 2039
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Jun 29, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $488,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 12, 2046

    Market Valuation

  • Market Total Value: $2,777,839
  • Market Land Value: $1,792,850
  • Market Improvement Value: $984,989

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,879,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 25, 2009
  • Current Sale Recording Date: Dec 01, 2009
  • Current Sale Transaction ID: 11457814274
  • Current Sale Price: $1,750,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2009R0854120
  • Previous Sale Recording Date: Aug 14, 2009
  • Previous Sale Contract Date: Aug 04, 2009
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA ND
  • First Mortgage Transaction Date: Dec 01, 2009
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2039

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Key Biscayne


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Frequently Asked Questions

When was property at 420 Palmwood Lane built and last sold?
The property at 420 Palmwood Lane was built in 2003 and last sold on Nov 25, 2009 for $1,750,000.
How much is this home worth?
The estimated value of the home located at 420 Palmwood Lane is $2,929,000.
What are some comparable homes to 420 Palmwood Lane?
There are currently no comparable homes to 420 Palmwood Lane.

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