by RH Advisors

See Home Value
$4,090,000
House - Off Market

524 Ridgewood Rd

Key Biscayne, FL 33149
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3786 Sqft
$23,794
Estimated Monthly
$0
HOA / Fees
2.67%
Cap Rate

About This Property

Situated on an oversized 8215 sq ft lot, this fully remodeled residence boasts a spacious 3786 sq fts. Bright & spacious. 5 beds + Office + 4 baths. Extraordinary & unique covered terrace that offers ample space for separate living & dining areas PLUS a covered summer kitchen with top-of-the-line appliances, gas grill, sink & refrigerator. Heated pool built in 2017. Entry level has double heights that creates a sense of spaciousness and significance. Living, Dining & Reading area. Open kitchen with island & an integrated playroom area. 3 bedrooms sharing 2 full baths. 4th bedroom with full bath. 2nd floor has a spacious master bedroom, master closet is incredibly large & spacious. Separate room that can be used as a nursery or office. All impact windows throughout. Stunning conditions.
Unit Size
3,786Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$1,080
Property Type
House
Property Taxes
$3,711
HOA Dues
-
Year Built
1952
Last updated: 3 months ago (Miami MLS #A11395721)

Price History

Date / Event Date Event Price
Mar 4, 2024 No longer available -
No longer available
Jan 23, 2024 Price Decreased $4,090,000
↓ $205K (4.8%)
Price Decreased
Sep 21, 2023 Price Decreased $4,295,000
↓ $205K (4.6%)
Price Decreased
May 31, 2023 Listed by Urdapilleta Real Estate, LLC $4,500,000
Listed by Urdapilleta Real Estate, LLC
Oct 6, 2021 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Rigid frame bar
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,215
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 822
  • Total Building Area: 3,971
  • Gross Building Area: 3,971
  • Building Area: 3,786
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,786
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TROPICAL ISLE HOMES SUB 1ST ADDN
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TROPICAL ISLE HOMES SUB 1ST ADDN PB 50-72 LOT 28 BLK 5 LOT SIZE 82.150 X 100 75R 81657

Ownership

  • Current Owner : HEIMPELL IGNACIO ARTURO ASTETE
  • Current Owner 2: FRIAS VERONICA SASTRE
  • Previous Owner : SPENCER JORGE J
  • Previous Owner 2: DIAZ KARINA
  • Owner Before Previous Owner: LAMBDA INVESTMENTS LLC
  • 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: 24-4232-004-0660
  • Block: 5
  • Lot: 28
  • Meridian: SEC 32 TWN 54S RNG 42E
  • Municipality: KEY BISCAYNE
  • Latitude: 25.6917
  • Longitude: -80.1677

    Address

  • Full Address: 524 Ridgewood Rd
  • Address - House Number: 524
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Key Biscayne
  • Carrier Code: C089
  • 4-Digit Zip Code: 1850
  • Zip Code: 33149

Valuation

    Tax

  • Total Area: 3,644
  • Tax Year: 2023
  • Tax Amount: $50,232
  • Tax Rate Code Area: 2400

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 3,873,992
  • High Value: 4,237,896
  • Low Value: 3,510,087

    Market Valuation

  • Market Total Value: $3,159,599
  • Market Land Value: $1,889,450
  • Market Improvement Value: $1,270,149

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,002,758

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11860664554
  • Current Sale Price: $3,320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0758040
  • Previous Sale Recording Date: Feb 13, 2014
  • Previous Sale Contract Date: Jan 24, 2014
  • Previous Sale Amount: $1,950,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SUNBELT LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Feb 13, 2014
  • Previous Mortgage Loan Amount: $1,365,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
4,021 ft²
$1,231/ft²
$4,950,000 Feb 7, 2023
-
$3,099/mo
House
5 Beds
5.5 Baths
4,035 ft²
$1,234/ft²
$4,980,000 Apr 25, 2023
-
$2,634/mo
In Contract
House
5 Beds
4.5 Baths
3,900 ft²
$1,236/ft²
$4,820,000 Oct 31, 2022
-
$2,053/mo
House
5 Beds
5.5 Baths
3,887 ft²
$1,081/ft²
$4,200,000 Mar 4, 2023
-
$2,850/mo
House
5 Beds
4.5 Baths
3,282 ft²
$1,204/ft²
$3,950,000 May 9, 2023
-
$1,325/mo
House
5 Beds
4 Baths
3,468 ft²
$1,096/ft²
$3,800,000 Jul 1, 2023
-
$3,332/mo
House
6 Beds
6 Baths
3,888 ft²
$1,332/ft²
$5,180,000 Feb 19, 2023
-
$2,491/mo
House
5 Beds
4.5 Baths
-
$4,799,000 Jul 31, 2023
-
$3,441/mo

About Key Biscayne


Similar Homes for Sale

Unit for sale at 570 Hampton Lane, Key Biscayne, FL 33149

$4,799,000

  • 5 Beds
  • 4.5 Baths
570 Hampton Lane, Key Biscayne, FL 33149 Listing by David Eyzenberg
Unit for sale at 635 Curtiswood Drive, Key Biscayne, FL 33149

$5,180,000

  • 6 Beds
  • 6 Baths
  • 3,888 ft²
635 Curtiswood Drive, Key Biscayne, FL 33149 Listing by Francis Barassi
Unit for sale at 455 Hampton Lane, Key Biscayne, FL 33149

$3,800,000

  • 5 Beds
  • 4 Baths
  • 3,468 ft²
455 Hampton Lane, Key Biscayne, FL 33149 Listing by Milagros Alvarez

Nearby Rentals

Unit for rent at 654 Hampton Ln, Key Biscayne, FL, 33149

$13,000 /mo

  • 5 Beds
  • 3.5 Baths
  • 2,305 ft²
654 Hampton Ln, Key Biscayne, FL, 33149 Listing by Monica Penagos
Unit for rent at 791 Crandon Blvd, Key Biscayne, FL, 33149

$14,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,510 ft²
791 Crandon Blvd #404, Key Biscayne, FL, 33149 Listing by Darin Spencer Raymond
Unit for rent at 161 Crandon Blvd, Key Biscayne, FL, 33149

$13,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,144 ft²
161 Crandon Blvd #118, Key Biscayne, FL, 33149 Listing by Dolores Urdapilleta


Frequently Asked Questions

When was property at 524 Ridgewood Road built and last sold?
The property at 524 Ridgewood Road was built in 1952 and last sold on Oct 1, 2021 for $3,320,000.
How much is this home worth?
The estimated value of the home located at 524 Ridgewood Road is $4,545,000.
What are some comparable homes to 524 Ridgewood Road?
There are currently no comparable homes to 524 Ridgewood Road.

Quantcast