425 GRAPETREE DR 210, Key Biscayne, FL 33149

Parcel: 2452040120370 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$828,360

Property Details

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

Sales History

1
$720,000
2006-09-01
2
$275,100-62%
2010-08-03
TERRI SHUREAURORA LOAN SERVICES LLC
3
$455,000+65%
2011-03-02
AURORA LOAN SERVICES LLCDESMOND A LYONS

Tax Assessment History

$828,360
Assessed (2025)
$828,360
Market Value
$828,360
Taxable Value
$16,865
Annual Tax
2024
$912,340
2025
$828,360
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $828,360 $828,360 $828,360 $16,865
2024 $912,340 $912,340 $912,340 $18,575

About 425 GRAPETREE DR 210, Key Biscayne, FL 33149

425 GRAPETREE DR 210, 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 DESMOND A LYONS, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2011-03-02 for $455,000, when AURORA LOAN SERVICES LLC sold to DESMOND A LYONS. The property has appreciated $179,900 (65%) since the prior sale of $275,100 on 2010-08-03. There are 3 recorded sales for this property.

The 2025 assessed value is $828,360 with a market value of $828,360. The assessed value decreased 9% from $912,340 in 2024. 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.

425 GRAPETREE DR 210, 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 2006 to 2011, with 3 recorded transactions in the public record.

The current assessed value represents 182% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $324 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

DESMOND A LYONS
425 GRAPETREE DR #210, KEY BISCAYNE, FL, 33149
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$8,683 — $15,710
Flood $400 — $800
Property/Wind $8,283 — $14,910

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 →
Zoom in to see property sales