NOT LISTED FOR SALE

Estimated Value: $1,089,819 - $1,481,000

2 Beds
2 Baths
1,600 Sq Ft
$801/Sq Ft Est. Value

Last Sold June 12, 2012

Last sale price $500,000 $312 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $9,151/month

13 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Tennis Courts
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Soaking Tub and Shower Combination in Primary Bathroom

About This Home

As of June 2012

BRIGHT SPLIT PLAN 2B/2B APARTMENT IN HOTEL SECTION - BOTANICA, SPACIOUS DINING AND LIVING AREA. FABULOUS OPEN KITCHEN TOTALLY RENOVATED, TOP OF THE LINE S/S APPLIANCES, GRANITE COUNTER TOPS A CHEF'S DELIGHT! LARGE PART OF THE TERRACE HAS BEEN CONVERTED IN TO A SPACIOUS DEN. SATURNIA FLOORS THROUGHOUT LIVING AREAS, CARPET IN BEDROOM. 2 ASSIGNED COVERED PARKING SPACES. KEY COLONY OFFERING 6 POOLS, 12 SUPERB TENNIS COURTS, LUSH LANDSCAPING, JOGGING PATHS AND DIRECT BEACH ACCESS. SHOWING 24 HRS IN ADVANCE.

Last Agent to Sell the Property

Carmen B Llano White PA

BHHS EWM Realty License #0702460 Listed on: 04/24/2012

BHHS EWM Realty

Last Buyer's Agent

Martina San Miguel

Universal Fidelity Group License #3114129

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $11,422

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • West Facing Home

HOA Fees

  • $1,056 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • 4-Story Property
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Garden Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Soaking Tub and Shower Combination in Primary Bathroom

Outdoor Features

  • Property has ocean access
  • Tennis Courts

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-024-2830

Community Details

Overview

  • Low-Rise Condominium
  • Key Colony Condo 4 Condos

Amenities

  • Trash Chute
  • Community Center
  • Party Room
  • Bar or Lounge

Recreation

  • Community Playground
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Phone Entry
  • Secure Elevator

Property Details

Home Type

Co-Op

Est. Annual Taxes

$11,422

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$1,056 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Stock Cooperative
  • Architectural Style: Garden Apartment
  • Directions: CRANDON BLVD,TO KEY COLONY, LEFT BUILDING, ENTRANCE ON THE RIGHT.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 1-4 Stories, Co-Op
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven
  • Interior Amenities: First Floor Entry, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 1600
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only, Tub Only

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Tennis Court(s)
  • Construction Type: CBS Construction, Pre-Cast Concrete Construction
  • Direction Faces: West
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KEY COLONY CONDO 4
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector, Elevator Secure, Card Entry, Phone Entry

Condo/Co-op/Association

  • Association Fee: 1056
  • Amenities: Bar, Bike/Jog Path, Community Room, Elevator(s), Exercise Room, Child Play Area, Pool, Sauna, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-024-2830
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2013
Sold by
Dumas Investments Llc
Bought by
San Alberto Property Llc
Current Estimated Value
$1,282,205

Purchase Details

Listed on
Apr 24, 2012
Closed on
Jun 11, 2012
Sold by
L D Pankey Dental Foundation Inc
Bought by
Dumas Investments Llc
Seller's Agent
Carmen B Llano White PA
BHHS EWM Realty
Buyer's Agent
Martina San Miguel
Universal Fidelity Group
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Apr 10, 2002
Sold by
Botanica Trust C
Bought by
Cataldo George R

Purchase Details

Closed on
May 12, 1999
Sold by
Botanica Dev Assoc Inc
Bought by
Cataldo George
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
San Alberto Property Llc $663,000 Attorney
Dumas Investments Llc $500,000 Attorney
Cataldo George R -- --
Cataldo George $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner L D Pankey Dental Foundation Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2012 06/12/12 Sold $500,000 0.0% $313 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $500,000 -- $313 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $11,422 $665,500 -- --
2023 $11,422 $605,000 $0 $0
2022 $10,024 $550,000 $0 $0
2021 $8,431 $500,000 $0 $0
2020 $8,255 $500,000 $0 $0
2019 $7,862 $475,000 $0 $0
2018 $7,876 $491,761 $0 $0
2017 $8,496 $525,948 $0 $0
2016 $9,155 $553,630 $0 $0
2015 $9,356 $553,630 $0 $0
2014 $8,865 $512,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1632542

MIAMI REALTORS® MLS

APN: 24-4232-024-2830