701 MYRTLEWOOD LN, Key Biscayne, FL 33149

Parcel: 2452050011960 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$2,623,542

Property Details

Beds
4
Baths
6
Living Sqft
3,908
Year Built
2010
Lot Sqft
7,734
Stories
3
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$79,000
1975-11-01
2
$350,000+343%
1998-04-01
3
$3,050,000+771%
2012-10-19
ALBERT STEVENS &W ANABELMARCELA Z ERANA TRS

Tax Assessment History

$2,623,542
Assessed (2025)
$3,714,129
Market Value
$2,572,820
Taxable Value
$52,381
Annual Tax
2024
$2,549,604
$3,501,851
2025
$2,623,542
$3,714,129
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,623,542 $3,714,129 $2,572,820 $52,381
2024 $2,549,604 $3,501,851 $2,499,604 $50,890

About 701 MYRTLEWOOD LN, Key Biscayne, FL 33149

701 MYRTLEWOOD LN, Key Biscayne, FL 33149 is a 4-bedroom, 6-bathroom residential - single family : 1 unit built in 2010 with 3,908 square feet of living space on a 7,734 square foot lot. The property is currently owned by MARCELA Z ERANA TRS MARCELA Z ERANA BEN, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2012-10-19 for $3,050,000, when ALBERT STEVENS &W ANABEL sold to MARCELA Z ERANA TRS. The property has appreciated $2,700,000 (771%) since the prior sale of $350,000 on 1998-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $2,623,542 with a market value of $3,714,129. This breaks down to $2,010,840 for the land and $1,703,289 for the building. The assessed value increased 3% from $2,549,604 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 $514,563 recorded against this property.

701 MYRTLEWOOD 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 1975 to 2012, with 3 recorded transactions in the public record.

The current assessed value represents 86% of the most recent sale price. Based on the most recent sale, this property traded at $780 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

MARCELA Z ERANA TRS MARCELA Z ERANA BEN
701 MYRTLEWOOD LANE, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$16,141 — $27,035
Flood $400 — $800
Property/Wind $15,741 — $26,235

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
$548,000
~$514,563 bal.
FAIRWAY INDEPENDENT MORTGAGE CORP · 2021-04-01
Est. Total Balance $514,563
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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