Keystone Island, 2235 Magnolia Dr

Own in Keystone Island?
4
Beds
3
Baths
2,346
SqFt
$938
$/SqFt
Sold - Aug 11, 2025
Ultra Luxury House
Built in 1959
2 Parking
Pool,Water View
Waterfront
Detached, One Story
Enclosed Porch
24-hour guard-gated community of Keystone Point, this rare waterfront opportunity offers 106 feet of deep water frontage on a wide, ocean-access canal—with no bridges to bay. Perfectly positioned on a generous 12,000 SF corner lot (106’ x 112’) this property invites you to renovate the existing 4-bed, 3-bath home or build your dream Miami waterfront escape on the LARGEST LOT currently for sale in Keystone. Offered at land value, the near-original residence features a 2-car garage, pool, expansive covered patio, and ample outdoor space ideal for entertaining. Whether you're looking to create a NEW modern retreat or a luxurious tropical oasis, this lot offers limitless potential. Located just minutes from Bal Harbor, world-class shopping, fine dining, and the beaches. Floor plan available.
MLS Number: A11792107
On Site: 525 Days
Updated: 423 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: EnclosedPorch, Fence, Patio
  • View: Pool,Water
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, LivingDiningRoom, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Refrigerator, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Tile
  • Year Built: 1959
  • Year Built Description: Resale
  • Style: Detached,OneStory
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Listing Date: 2025-05-02T11:37:38.000-00:00
    • Directions: South
    Taxes, Fees & More
    • Taxes: 9731
    • Security Information: SecurityGate, GatedCommunity
    • Parking Description: CircularDriveway, Covered

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    Price History

    Current
    $2.2M
    High
    $2.5M
    Low
    $2.2M
    Total Change
    -11.8%
    $2.5M$2.3M$2.2MApr 25Apr 25Aug 25
    Date
    Event
    Price
    Change
    Price Per
    08/11/2025
    Sold
    $2.2M
    0%
    $938 ft2
    $10,094 m2
    04/28/2025
    Price Reduced
    $2.2M
    -11.82%
    $938 ft2
    $10,094 m2
    04/28/2025
    Listed
    $2.5M
     
    $1,064 ft2
    $11,448 m2
    08/11/2025
    $2.2M
    Event
    Sold
    Change
    0%
    Price Per
    $938 ft2
    $10,094 m2
    04/28/2025
    $2.2M
    Event
    Price Reduced
    Change
    -11.82%
    Price Per
    $938 ft2
    $10,094 m2
    04/28/2025
    $2.5M
    Event
    Listed
    Price Per
    $1,064 ft2
    $11,448 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Jeffrey Koebel • Montgomery & Koebel, Inc. • Buyer Agency Compensation .

    Transit & Commute from Keystone Island

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    29
    Traffic score
    Congested area. Frequent traffic delays
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    Listing Location & Street View

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    Scores

    Walk Score®
    Car-Dependent. Most errands require a car
    46

    100
    Transit Score®
    Some Transit. A few nearby public transportation options
    38

    100
    Bike Score®
    Bikeable. Some bike infrastructure
    52

    100
    Sound Score®
    Bearable noise
    79

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    29

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    3 – 6 BR
    Bedrooms
    $3.1M – $15.5M
    Price Tier
    1,539 - 6,832
    SqFt Range
    1959
    Year Build
    1
    Total Floors

    Subdivision Amenities

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    Ultra Luxury
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