$1,470,000
$120K PRICE DROP

Estimated payment $11,670/month

Total Views 1,421
3 Beds
3 Baths
1,720 Sq Ft
$855 Price per Sq Ft

About This Home

Rarely available and partially renovated in 2025 including new appliances, this 3 bedrooms, 3 baths residence offers one of the most desirable floor plans in Key Colony's sought-after hotel section. Featuring an oversized private terrace ideal for indoor-outdoor living and entertaining, this unique property stans out from virtually every competing unit in the community. Unlike most residences in Key Biscayne, this unit allows legal short-term rentals with no minimum lease period, offering unparalleled flexibility for personal use, seasonal enjoyment, or income generation. Currently lease through October 31st, the property is already producing a gross return exceeding 6%, making it an exceptional turnkey investment opportunity.

Listing Agent

Encina Neira

BHHS EWM Realty License #3239310 Listed on: 06/12/2026

Map

Property Details

Home Type

Condominium

Year Built

1981

Lot Details

0 Sq Ft Lot

HOA Fees

$2,160 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1981
  • MLS Status: Active
  • Standard Status: Active
  • Entry Level: 1
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Closet Cabinetry, Elevator, Garden Tub/Roman Tub, Living/Dining Room, Custom Mirrors, Split Bedrooms, Bar
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 1720.0
  • Stories: 4

Exterior Features

  • Exterior Features: Balcony, Barbecue, Lighting, Outdoor Living Area, Tennis Court(s)
  • View: Garden
  • Pool Features: Association
  • View: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Open, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Security: Security Guard
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2160.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Bike Storage, Car Wash Area, Fitness Center, Laundry, Playground, Pool, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Pool(s), Recreation Facilities, Roof, Sewer, Security, Water

Schools

  • Elementary School: Key Biscayne K-8
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel #: 2442320242430
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 13213.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,764 $849,178
2024 $12,761 $771,980
2023 $12,761 $701,800 $0 $0
2022 $11,205 $638,000 $0 $0
2021 $9,747 $580,000 $0 $0
2020 $9,480 $580,000 $0 $0
2019 $8,574 $518,000 $0 $0
2018 $0 $734,667 $0 $0
2017 $0 $596,224 $0 $0
2016 -- $542,022 $0 $0
2015 -- $492,748 $0 $0
2014 -- $447,953 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/17/2026 09/17/26 Price Changed $1,470,000 -4.5% $855 / Sq Ft
08/25/2026 08/25/26 Price Changed $1,540,000 -3.1% $895 / Sq Ft
06/12/2026 06/12/26 For Sale $1,590,000 0.0% $924 / Sq Ft
09/09/2024 09/09/24 Off Market $8,000 -- --
09/01/2024 09/01/24 Rented $7,300 -8.8% --
06/27/2024 06/27/24 Under Contract -- -- --
05/13/2024 05/13/24 For Rent $8,000 0.0% --
05/07/2024 05/07/24 Off Market $8,000 -- --
03/08/2024 03/08/24 Price Changed $8,000 -5.9% $5 / Sq Ft
01/02/2024 01/02/24 Price Changed $8,500 +183.3% $5 / Sq Ft
10/03/2023 10/03/23 Price Changed $3,000 +15.4% $2 / Sq Ft
10/03/2023 10/03/23 Price Changed $2,600 0.0% $2 / Sq Ft
10/03/2023 10/03/23 For Rent $2,600 +13.0% --
10/02/2023 10/02/23 Off Market $2,300 -- --
06/16/2022 06/16/22 Price Changed $2,300 -11.5% $1 / Sq Ft
06/09/2022 06/09/22 For Rent $2,600 -- --
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $721,700 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $505,155 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A12036429

MIAMI REALTORS® MLS

APN: 24-4232-024-2430

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