14 days on rocket

50 Island Dr, Key Biscayne, FL, 33149

$11,200,000

5 Bedrooms
4 Full Baths, 1 Partial
5,338 SqFt
$2,098/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1967
HeatingCentral, Heat Pump
CoolingCentral Air
WaterfrontCanal
ViewCanal, Pool
MLS #A11678801
StatusActive

About 50 Island Dr

Location is everything, as this home proves it! Besides being located on the quiet end of Island Dr. this gorgeous designer waterfront home looks down the length of the canal (not directly into the home on the opposite side). Minutes to open Bay for marvelous boating. Exquisite Sunsets lending to fabulous entertainment venues. Enter through the walled sanctuary fountain garden. The 2nd floor is exclusive for the Primary Bedroom Suite. Pool & canal views from the majority of the home. 2 car garage plus circular driveway. 2,020 Sq ft of house built in 1967 but the majority, of an additional 3,946 sq ft, was built in 1991 & has had continual updates (Impact Glass/Sky Lights/New metal roof in 2020 etc.) Tranquil waterfront Key Biscayne gem. A pleasure to show.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1967
  • Stories: 2
  • Living Area: 5,338 SqFt

Listing Office:

  • Office Name: Fortune Christie's International Real Estate
  • Office Phone: (305) 361-3440
  • Listing Agent: Ivan Madera

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Carpet, Other, Wood
  • Interior: Bedroom on Main Level, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), First Floor Entry, Jetted Tub, Separate Shower, Upper Level Primary, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Canal
  • View: Canal, Pool
  • Exterior: Deck, Security/High Impact Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 50 Island Dr
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Drive toward the end of the island Turn Right on Knollwood Dr. Turn left on Island Dr. House on the Right with Blue Door

Price Information

Listing Price Info

Price Summary:

  • List Price: $11,200,000
  • Price Per SqFt: $2,098/SqFt

Tax Information:

  • Annual Amount: $25,382
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Key Biscayne, FL.

Med. Sold Price

$1.5M

Med. Price/SqFt

$909

Avg. Days On Market

69

# of Sold Homes

18

50 Island Dr vs Key Biscayne

14 DAYS ON ROCKET

-55 Days

$11,200,000

+$9.6M More

$2,098/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $9.6M more than the Median Sold Price and $1.1K/SqFt more than other homes in Key Biscayne, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11678801

Listing Office:

  • Office Name: Fortune Christie's International Real Estate
  • Office Phone: (305) 361-3440
  • Listing Agent: Ivan Madera

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$25,382$1,572,677
2018$23,584$1,508,655
2017$23,302$1,477,625

History based on county public records data.

Payment Calculator

$55.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$33.6K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4357048
8
/10
  • Key Biscayne K-8 Center

  • 150 W McIntyre St

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-4357049
7
/10
  • Southside Elementary School

  • 45 SW 13th St

  • 5.70 miles

  • Public Magnet Grades PK-5

school-card-donut-4357050
7
/10
  • Coral Way K-8 Center

  • 1950 SW 13th Ave

  • 5.88 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $134,750. The majority of Key Biscayne, FL residents have income between $100k-200k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 50 Island Dr

What is the listing price of this property?

The listing price of 50 Island Dr property is $11,200,000.

What type of property is this?

The property 50 Island Dr is a house located in Key Biscayne, Florida, 33149.

Is this property for sale now?

Active Listing: 50 Island Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $25,382 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 50 Island Dr has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 50 Island Dr is 5,338 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 50 Island Dr is 1967.
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Rocket Homes›Florida›Miami-Dade County›Key Biscayne›33149›50 Island Dr

This home is located at 50 Island Dr in Key Biscayne, FL and zip code 33149. This 5,338 square foot home was built in 1967. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $11,200,000.

While more than 1 listings in Key Biscayne, FL in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 14 were sold below. The number of homes for sale in Key Biscayne, FL increased by 6.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 69 days, the median list price was $1,525,000.

From Rocket Homes Real Estate and based on county public records data.

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