NOT LISTED FOR SALE

Estimated Value: $1,069,162 - $1,526,000

3 Beds
2 Baths
1,600 Sq Ft
1981 Built

Highlights

  • Bar or Lounge
  • Fitness Center
  • Gated with Attendant
  • Key Biscayne K-8 Center Rated A-
  • Intercom to Front Desk
  • In Ground Pool

About This Home

As of August 2020

Beautiful remodel 3 bedroom, 2 bathroom apartment in Key Biscayne. Enjoy a resort lifestyle. The complex offers tennis courts, pools, children playground, beauty salon, gym, restaurant and direct beach access with chair and umbrella service. A must see!!!

Last Agent to Rent the Property

Natalia Salgado

DLS International Realty License #3271579 Listed on: 05/16/2020

Last Renter's Agent

Laura Anderson

Compass Florida, LLC License #0602635

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,103

Year Built

  • Built in 1981

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 1,600 Sq Ft Home
  • Garden Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Additional Features

  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/1/20
  • Assessor Parcel Number 24-42-32-024-2560

Community Details

Overview

  • No Home Owners Association
  • Key Colony Condo #4 Condos
  • Key Colony Condo #4 Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Community Center
  • Bar or Lounge
  • Intercom to Front Desk
  • Elevator

Recreation

  • Community Playground
  • Tennis Courts

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,103

Year Built

Built in 1981

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2020-06-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: KEY COLONY CONDO #4
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 1600
  • Window Features: Hurricane Shutters

Exterior Features

  • View: Garden
  • Exterior Features: Barbeque, Tennis Court(s)
  • Direction Faces: West
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: KEY COLONY CONDO #4
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Covered, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated with Guard, Intercom In Lobby

Condo/Co-op/Association

  • Amenities: Activity Room, Bar, Clubhouse, Elevator(s), Exercise Room, Other, Child Play Area, Pool Table, Sauna
  • Association: No

Lot Info

  • Parcel Number: 24-42-32-024-2560
  • Land Lease Amount Frequency: Monthly
  • Zoning: 50/GEN H
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2003
Sold by
Frech Eduardo and Frech Maria Delos Angeles
Bought by
Gingles Michael and Gingles Tracy
Current Estimated Value
$1,259,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Outstanding Balance
$87,029
Interest Rate
5%
Mortgage Type
Unknown
Estimated Equity
$1,054,297

Purchase Details

Closed on
May 13, 1999
Sold by
Botanica Development Assoc Inc
Bought by
Frech Eduardo and Frech Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Gingles Michael $345,000 --
Frech Eduardo $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gingles Michael $207,000
Previous Owner Frech Eduardo $233,000
Previous Owner Frech Eduardo $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Rented $3,750 -5.1% --
07/23/2020 07/23/20 Price Changed $3,950 -3.7% $2 / Sq Ft
07/06/2020 07/06/20 Price Changed $4,100 -5.7% $3 / Sq Ft
05/15/2020 05/15/20 For Rent $4,350 +10.1% --
07/30/2016 07/30/16 Rented $3,950 -3.7% --
07/01/2016 07/01/16 Price Changed $4,100 -8.9% $3 / Sq Ft
06/16/2016 06/16/16 Price Changed $4,500 -4.3% $3 / Sq Ft
06/01/2016 06/01/16 For Rent $4,700 +3.3% --
06/25/2015 06/25/15 Rented $4,550 -3.2% --
05/26/2015 05/26/15 Under Contract -- -- --
04/21/2015 04/21/15 For Rent $4,700 +17.5% --
12/12/2014 12/12/14 Rented $4,000 -13.0% --
11/12/2014 11/12/14 Under Contract -- -- --
08/27/2014 08/27/14 For Rent $4,600 -- --
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
2025 $12,103 $732,050 -- --
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 $7,928 $479,000 $0 $0
2018 $9,762 $678,278 $0 $0
2017 $8,276 $508,774 $0 $0
2016 $8,246 $462,522 $0 $0
2015 $8,048 $420,475 $0 $0
2014 $7,580 $382,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10860012

MIAMI REALTORS® MLS

APN: 24-4232-024-2560