524 RIDGEWOOD RD, Key Biscayne, FL 33149

Parcel: 2442320040660 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$3,386,680

Property Details

Beds
5
Baths
4
Living Sqft
3,786
Year Built
1952
Lot Sqft
8,215
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,210,000
2009-09-22
FERNANDO F FIGUEREDO &W ARACELILAMBDA INVESTMENTS LLC
2
$1,950,000+61%
2014-01-24
LAMBDA INVESTMENTS LLCJORGE J SPENCER
3
$3,320,000+70%
2021-10-01
JORGE J SPENCERIGNACIO ARTURO ASTETE HEIMPELL

Tax Assessment History

$3,386,680
Assessed (2025)
$3,386,680
Market Value
$3,335,958
Taxable Value
$67,917
Annual Tax
2024
$2,876,614
2025
$3,386,680
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,386,680 $3,386,680 $3,335,958 $67,917
2024 $2,876,614 $2,876,614 $2,876,614 $58,566

About 524 RIDGEWOOD RD, Key Biscayne, FL 33149

524 RIDGEWOOD RD, Key Biscayne, FL 33149 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1952 with 3,786 square feet of living space on a 8,215 square foot lot. The property is currently owned by IGNACIO ARTURO ASTETE HEIMPELL VERONICA SASTRE FRIAS, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-10-01 for $3,320,000, when JORGE J SPENCER sold to IGNACIO ARTURO ASTETE HEIMPELL. The property has appreciated $1,370,000 (70%) since the prior sale of $1,950,000 on 2014-01-24. There are 3 recorded sales for this property.

The 2025 assessed value is $3,386,680 with a market value of $3,386,680. This breaks down to $2,135,900 for the land and $1,250,780 for the building. The assessed value increased 18% from $2,876,614 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $250,001, and the median home value is $2,000,001. The population density is 3,407 people per square mile. 524 RIDGEWOOD RD, Key Biscayne, FL 33149 is located in Key Biscayne, Florida.

Property records, tax assessments, sales history, and ownership information for this Key Biscayne property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2009 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 102% of the most recent sale price.

Based on the most recent sale, this property traded at $877 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

IGNACIO ARTURO ASTETE HEIMPELL VERONICA SASTRE FRIAS
524 RIDGEWOOD RD, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$41,040 — $75,306
Flood $400 — $800
Property/Wind $40,640 — $74,506

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$250,001
Median Home Value$2,000,001
Pop. Density3,407/sq mi

Neighborhood 33149

34.2%
Owner-Occ
65.8%
Investor
119
Flips (4yr)
3,025
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
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