265 GRAPETREE DR 108, Key Biscayne, FL 33149

Parcel: 2452040120080 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$574,476

Property Details

Beds
2
Baths
2.5
Living Sqft
1,404
Year Built
1974
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$220,000
1994-07-01
CARMEN C SABATES TRSA;FREDO LEON COSTO
2
$100non-market transfer
2024-04-05
A;FREDO LEON COSTOALFREDO ANTONIO LEON Y COSTO
3
N/A
2024-04-11
4
$1,165,000
2025-07-31
ALFREDO ANTONIO LEON Y COSTOEDWARD H STONE
5
$1,165,000
2025-08-21

Tax Assessment History

$574,476
Assessed (2025)
$866,723
Market Value
$523,754
Taxable Value
$10,663
Annual Tax
2024
$558,286
$912,340
2025
$574,476
$866,723
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $574,476 $866,723 $523,754 $10,663
2024 $558,286 $912,340 $508,286 $10,348

About 265 GRAPETREE DR 108, Key Biscayne, FL 33149

265 GRAPETREE DR 108, Key Biscayne, FL 33149 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1974 with 1,404 square feet of living space. The property is currently owned by EDWARD H STONE MAYRA F STONE, 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 2025-08-21 for $1,165,000. There are 5 recorded sales for this property. The 2025 assessed value is $574,476 with a market value of $866,723.

The assessed value increased 3% from $558,286 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 $170,682, and the median home value is $1,539,500. The population density is 16,591 people per square mile.

There are active mortgage liens totaling $396,656 recorded against this property. 265 GRAPETREE DR 108, 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 1994 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 49% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $830 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

EDWARD H STONE MAYRA F STONE
265 GRAPETREE DR 108, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,144 — $11,140
Flood $400 — $800
Property/Wind $5,744 — $10,340

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$170,682
Median Home Value$1,539,500
Pop. Density16,591/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
$400,000
~$396,656 bal.
NEWREZ LLC · 2025-08-21
2 satisfied mortgages
SATISFIED 2024-04-11
$900,000
CARRINGTON MORTGAGE SERVICES LLC
SATISFIED 2022-10-11
$647,000
CHANGE LENDING LLC
Est. Total Balance $396,656
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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