$675,000
SOLD MAY 17, 2018
3 Beds
2 Baths
1,720 Sq Ft
$1,153/mo HOA Fee

Recently Sold

$392 Per Sq Ft

9% Below List Price

41 Days on Market

Highlights

  • Property has ocean access
  • Private Beach Pavilion
  • Waterfront
  • Key Biscayne K-8 Center Rated A-
  • Intercom to Front Desk
  • Clubhouse

About This Home

As of October 2023

3 bedrooms / 2 bathrooms unit in Botanica faces east and enjoy a lovely garden view with waterfall feature. Two covered parking spaces. This apartment is part of Botanica's "Hotel section" and can be rented without restrictions.

Last Agent to Sell the Property

Cristina Greeven

Coldwell Banker Realty License #0484486 Listed on: 02/27/2018

Coldwell Banker Realty

Last Buyer's Agent

Lucia Percovich

Universal Fidelity Group License #3140625

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,891

Year Built

  • Built in 1981

HOA Fees

  • $1,153 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Interior Spaces

  • 1,720 Sq Ft Home
  • 4-Story Property
  • Sliding Windows
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-024-2600

Community Details

Overview

  • 288 Units
  • Low-Rise Condominium
  • Key Colony No 4 Condo
  • Key Colony No 4 Condo Subdivision
  • Car Wash Area

Amenities

  • Clubhouse
  • Intercom to Front Desk

Recreation

  • Private Beach Pavilion
  • Community Playground
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $564

Security

  • Security Guard
  • Secure Elevator
  • Complex Is Fenced
  • Complete Panel Shutters or Awnings

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,891

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,153 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: KEY COLONY NO 4 CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1720
  • Possible Use: Secondary
  • Stories: 4
  • Window Features: Complete Panel Shutters/Awnings, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Other, Open Balcony
  • Construction Type: Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KEY COLONY NO 4 CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Complex Fenced, Elevator Secure, Guard At Site, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 1153
  • Amenities: Bike/Jog Path, Clubhouse-Clubroom, Heated Pool, Other, Child Play Area, Pool, Private Beach Pavilion, Tennis Court(s), Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-024-2600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 564
  • Number Of Units In Community: 288
  • Number Of Units Total: 288

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 9891

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
May 9, 2018
Sold by
F N Key Corp
Bought by
Paradise Found Investments Llc
Seller's Agent
Cristina Greeven
Coldwell Banker Realty
Buyer's Agent
Lucia Percovich
Universal Fidelity Group
List Price
$739,000
Sold Price
$675,000
Premium/Discount to List
-$64,000
-8.66%
Current Estimated Value
$1,274,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,909
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Nov 7, 1995
Sold by
Tellam Henry S and Tellam Nancy
Bought by
Gonzalez-Holman Erasmo and Gonzalez Isabel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.51%
Mortgage Type
Balloon
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 Type Sale Price Title Company
Warranty Deed $675,000 Attorney
Warranty Deed $265,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $1,170,000 -9.9% $680 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $1,299,000 +92.4% $755 / Sq Ft
05/17/2018 05/17/18 Sold $675,000 -4.8% $392 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/21/2018 03/21/18 Price Changed $709,000 -4.1% $412 / Sq Ft
02/24/2018 02/24/18 For Sale $739,000 -- $430 / 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
2025 $15,351 $915,240 -- --
2024 $12,761 $973,660 -- --
2023 $12,761 $701,800 $0 $0
2022 $11,205 $638,000 $0 $0
2021 $9,747 $580,000 $0 $0
2020 $9,532 $580,000 $0 $0
2019 $8,656 $523,000 $0 $0
2018 $10,749 $692,234 $0 $0
2017 $9,891 $596,224 $0 $0
2016 $10,146 $542,022 $0 $0
2015 $9,040 $492,748 $0 $0
2014 $8,071 $447,953 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10426087

MIAMI REALTORS® MLS

APN: 24-4232-024-2600