797 RIDGEWOOD RD, Key Biscayne, FL 33149

Parcel: 2452050012500 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$3,536,713

Property Details

Beds
4
Baths
4
Living Sqft
5,528
Year Built
2007
Lot Sqft
9,873
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,300,000
2005-05-01
2
$3,400,000+162%
2009-03-18
ZOLTAN MESZAROSCRISTINA OTERO
3
$100non-market transfer
2017-12-22
CRISTINA OTEROCRISTINA OTERO TRS
4
$6,500,000
2026-03-30
CRISTINA OTERO TRSADIV INVESTMENTS LLC

Tax Assessment History

$3,536,713
Assessed (2025)
$3,536,713
Market Value
$3,536,713
Taxable Value
$72,005
Annual Tax
2024
$2,567,951
$3,756,651
2025
$3,536,713
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,536,713 $3,536,713 $3,536,713 $72,005
2024 $2,567,951 $3,756,651 $2,517,951 $51,263

About 797 RIDGEWOOD RD, Key Biscayne, FL 33149

797 RIDGEWOOD RD, Key Biscayne, FL 33149 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 2007 with 5,528 square feet of living space on a 9,873 square foot lot. The property is currently owned by ADIV INVESTMENTS LLC, recorded as of 2026-04-28. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-03-30 for $6,500,000, when CRISTINA OTERO TRS sold to ADIV INVESTMENTS LLC. The property has appreciated $6,499,900 (6499900%) since the prior sale of $100 on 2017-12-22. There are 4 recorded sales for this property.

The 2025 assessed value is $3,536,713 with a market value of $3,536,713. This breaks down to $1,956,352 for the land and $1,580,361 for the building. The assessed value increased 38% from $2,567,951 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 $250,001, and the median home value is $2,000,001.

The population density is 3,407 people per square mile. 797 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 2005 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 54% 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 $1176 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

ADIV INVESTMENTS LLC
797 RIDGEWOOD RD, KEY BISCAYNE, FL, 33149
Since: 2026-04-28
View owner profile →

People Behind This Entity

Registered Agent: UNTITLED SLC LLC
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$21,620 — $36,167
Flood $400 — $800
Property/Wind $21,220 — $35,367

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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