478 BAY LN, Key Biscayne, FL 33149

Parcel: 2442320070040 · Residential - Single Family · 1 Unit · Zoning: 2000

Assessed Value (2025)
$10,317,105

Property Details

Beds
8
Baths
8
Living Sqft
13,242
Year Built
2004
Lot Sqft
20,900
Stories
4
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,625,000
1996-04-01
2
$1,900,000+17%
1996-06-01
3
$100non-market transfer
2020-07-02
ROGER K KHOURI &W SUSANAROGER K KHOURI TRS

Tax Assessment History

$10,317,105
Assessed (2025)
$17,484,896
Market Value
$10,266,383
Taxable Value
$209,015
Annual Tax
2024
$10,026,342
$14,385,570
2025
$10,317,105
$17,484,896
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $10,317,105 $17,484,896 $10,266,383 $209,015
2024 $10,026,342 $14,385,570 $9,976,342 $203,110

About 478 BAY LN, Key Biscayne, FL 33149

478 BAY LN, Key Biscayne, FL 33149 is a 8-bedroom, 8-bathroom residential - single family : 1 unit built in 2004 with 13,242 square feet of living space on a 20,900 square foot lot. The property is currently owned by ROGER K KHOURI TRS ROGER K KHOURI REV LIV TR, 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 2020-07-02 for $100, when ROGER K KHOURI &W SUSANA sold to ROGER K KHOURI TRS. The property sold for $1,899,900 less than the prior sale of $1,900,000 on 1996-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $10,317,105 with a market value of $17,484,896. This breaks down to $14,630,000 for the land and $2,854,896 for the building. The assessed value increased 3% from $10,026,342 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. There are active mortgage liens totaling $5,897,769 recorded against this property.

478 BAY LN, 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 1996 to 2020, with 3 recorded transactions in the public record..

Current Owner

ROGER K KHOURI TRS ROGER K KHOURI REV LIV TR
478 BAY LN, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$62,302 — $103,971
Flood $400 — $800
Property/Wind $61,902 — $103,171

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 →

Mortgages

ACTIVE
$7,368,309
~$5,897,769 bal.
BANK OF AMERICA NA · 2022-01-26
Est. Total Balance $5,897,769
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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