See Home Value
$5,339,268*
House - Off Market

544 Ridgewood Rd

Key Biscayne, FL 33149
bedrooms
6 Beds
bathrooms
8 Baths, 1 Half Bath
square feet
3888 Sqft
$4,473,000 - $5,467,000
Reference Base Price*
7.43%
Since Nov 1, 2022
FL-Miami
Primary Model
Sold Oct 14, 2022
$4,600,000
$3,450,000 by Morgan Stanley Private Bank Na
Mortgage Due Nov 01, 2052
Sold Mar 18, 2014
$1,480,000

About This Property

Exquisite Contemporary Construction in highly desirable Key Biscayne. Best floorplan ever! This elevated, two-story meticulously designed home, consists of 6 bedrooms and 7 ½ baths. Exhibiting only the best quality in construction, luxurious finishes and landscaping, this home is perfect for indoor/outdoor entertaining and enjoying the Key Biscayne lifestyle. Open living space with sliding glass doors to enjoy natural light and ventilation. Open kitchen with waterfall Matarazzo granite countertops, european cabinetry and high end appliances. This modern, spacious and light-filled home is ready for immediate occupancy.

The manager has listed the unit size as 3888 square feet.
Unit Size
3,888Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$1,278
Property Type
House
Property Taxes
$2,319
HOA Dues
-
Year Built
2017

Price History

Date / Event Date Event Price
Oct 18, 2022 No longer available -
No longer available
Oct 14, 2022 Sold $4,600,000
Sold
Sep 8, 2022 In contract -
In contract
Aug 27, 2022 Price Increased $4,970,000
↑ $71K (1.5%)
Price Increased
May 31, 2022 Price Decreased $4,899,000
↓ $71K (1.4%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • 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: 7,850
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 777
  • Total Building Area: 4,937
  • Gross Building Area: 4,937
  • Building Area: 3,888
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,888
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TROPICAL ISLE HOMES SUB
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TROPICAL ISLE HOMES SUB PB 50-64 LOT 1 BLK 5 LOT SIZE 77.720 X 101 COC 23269-2520 03 2005 5

Ownership

  • Current Owner : OVERWOOD TRUST
  • Previous Owner : P4 CAPITAL LLC
  • Owner Before Previous Owner: DEVINE JOHN P
  • Owner Before Previous Owner 2: BARNES LOUISE D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • 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: 325
  • District: 24
  • Parcel: 24-5205-002-0280
  • Block: 5
  • Lot: 1
  • Meridian: SEC 05 TWN 55S RNG 42E
  • Municipality: KEY BISCAYNE
  • Latitude: 25.6914
  • Longitude: -80.1677

    Address

  • Full Address: 544 Ridgewood Rd
  • Address - House Number: 544
  • 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: 4,015
  • Tax Year: 2023
  • Tax Amount: $58,006
  • Tax Rate Code Area: 2400

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 4,741,558
  • High Value: 5,625,061
  • Low Value: 3,858,055

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,450,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 14, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,450,000
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $3,565,463
  • Market Land Value: $1,624,950
  • Market Improvement Value: $1,940,513

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,565,463
  • Assessed Land Value: $1,624,950
  • Assessed Improvements Value: $1,940,513

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Transaction ID: 11897997131
  • Current Sale Price: $4,600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 789071
  • Previous Sale Recording Date: Mar 18, 2014
  • Previous Sale Contract Date: Mar 17, 2014
  • Previous Sale Amount: $1,480,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Oct 14, 2022
  • First Mortgage Loan Amount: $3,450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
6 Baths
3,888 ft²
$1,412/ft²
$5,490,000 Feb 19, 2023
-
$2,491/mo
House
6 Beds
6 Baths
4,393 ft²
$1,160/ft²
$5,095,000 May 17, 2022
-
$2,901/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
3,900 ft²
$1,274/ft²
$4,970,000 Oct 31, 2022
-
$2,053/mo
House
5 Beds
4 Baths
3,569 ft²
$1,289/ft²
$4,600,000 Dec 15, 2022
-
$1,940/mo
House
5 Beds
4.5 Baths
4,021 ft²
$1,455/ft²
$5,850,000 Feb 8, 2023
-
$3,099/mo
House
5 Beds
4.5 Baths
4,315 ft²
$1,043/ft²
$4,500,000 Feb 9, 2023
-
$3,152/mo
House
5 Beds
5 Baths
3,596 ft²
$1,251/ft²
$4,500,000 Jan 24, 2023
-
$3,030/mo
House
5 Beds
4 Baths
3,058 ft²
$1,341/ft²
$4,100,000 Jan 31, 2023
-
$1,801/mo
House
4 Beds
5.5 Baths
5,167 ft²
$948/ft²
$4,900,000 Feb 16, 2022
-
$2,441/mo

About Key Biscayne


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Frequently Asked Questions

When was property at 544 Ridgewood Road built and last sold?
The property at 544 Ridgewood Road was built in 2017 and last sold on Oct 11, 2022 for $4,600,000.
How much is this home worth?
The estimated value of the home located at 544 Ridgewood Road is $5,019,700.
What are some comparable homes to 544 Ridgewood Road?
There are currently no comparable homes to 544 Ridgewood Road.

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