KEYSTONE ISLAND NO 4
2235 Magnolia Dr, North Miami FL 33181
4 beds · 3 baths · 2,346 ft²
$2,495,000
Est. Payment $13,279/mo
4
Bedrooms
3
Bathrooms
2,346
Sq. Ft.
1959
Year Built
2
Garage
61
Days on Market
Description
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.
Facts
- MLS#
- A11792107
- Subdivision
- KEYSTONE ISLAND NO 4
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 11,739 ft²
- Sq. Ft.
- 2,346 ft²
- Sq. Mt.
- 218 m²
- Price per sq. ft.
- $1,064/ft²
- Price per sq. mt.
- $11,445/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 61 days
- Listed
- May 2, 2025
- Last Updated
- Aug 11, 2025
- Price/Lot Sq.Ft.
- $213/ft²
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Market insights for North Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
33
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 8/11/2025 | Sold | $2,495,000 |
| 5/2/2025 | Listed for sale | $2,495,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Morningside AcademyPK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
- Southport Middle School
6,7,8 · public · 0.6 mi
- Morningside Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
- Village Green Environmental Studies School
PK,KG,1,2,3,4,5 · public · 1.5 mi
- Morningside Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.6 mi
- Floresta Elementary School
PK,KG,1,2,3,4,5 · public · 1.8 mi
- Christ Lutheran School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.8 mi
- Heritage Christian School
PK,KG,1,2,3,4,5,6,7,8,9,10,11 · private · 1.9 mi
- Foundations Academy of Port Saint Lucie
PK,KG,1,2 · oosle · 2.1 mi
- Mariposa Elementary School
PK,KG,1,2,3,4,5 · public · 2.2 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$15,509/mo
Principal & Interest
$13,279
Property Tax
$2,079
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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