$8,300,000
Key Biscayne, FL 33149
MLS# A11075061
Status: Closed
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Property Description
Unique opportunity for development or remodel on 29,700 SF + lot, just steps from the beach in Key Biscayne! Plans approved and valid for a luxurious boutique four-story condominium featuring 11 three-bedroom units and rooftop amenities. The existing two-story building includes 12 two-bedroom units, actively rented with flexible lease terms. Interesting possibility exists to convert to short term rentals which are high in demand. The exclusive island of Key Biscayne offers a lively community with a ‘small town’ feel, top ‘A’ rated schools, boutiques, gourmet restaurants, miles of beaches and the Yacht Club all a short walk or golf cart ride away.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-07-23
Status: Closed
Original List Price: 9990000
Sold Price: $8,300,000
Current Price: $8,300,000
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 202
Street Name: Sunrise
Street Suffix: Drive
City Name: Key Biscayne
Municipal Code: 24
State Or Province: FL
Postal Code: 33149
Postal Code +4: 2156
Postal Zip: 33149
Subdivision Name: BAHAMA HOUSE SOUTH CONDO
Area: 2520
Parcel Number: 2452050180010
Subdivision Number: 18
Zoning: 4900
Flood Zone: AE
General Property Information
Property Sub Type: Unimproved Land
Number Of Lots: 12
Lot Size Dimensions: 29700
Additional Parcels YN: 1
Direction Faces: North
Status Change Information
Major Change Timestamp: 2022-03-10T14:12:22Z
Major Change Type: Status Change
Status Change Date: 2022-03-11
Under Contract Date: 2021-10-26
Close Date: 2022-03-10
Close Price: 8300000
Buyer Financing: Cash
Buyer Details
Intended Use: Unknown/Withheld
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 0010
Financial Information
Tax Year: 2020
Tax Annual Amount: 69344
Tax Legal Description: BAHAMA HOUSE SOUTH CONDO APT 200-A FIRST FLOOR UNDIV 1/12TH INT IN COMMON ELEMENTS CLERKS FILE 64R-175249 OR 19061-4285-89 0300 5
Originating Details
Originating System Key: 360959689
Originating System ID: M00000151
Property Features
Current Use: Residential; Single Family; Other
Development Status: Recorded Plat
Documents Available: Plans; Survey
Possession: Negotiable
Sewer: Public Sewer
Soil Type: Other
Trees: Other
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available; Trash Removal
Listing Terms: Cash
Lot Features: Other
Water Access: Deeded Beach Access
Water Source: Public
Showing Requirements: Call Listing Agent
Contingencies: None
Listing Office: One Sotheby's International Realty
Last Updated: June - 06 - 2026
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