NOT LISTED FOR SALE

Towers of Key Biscayne 1111 Crandon Blvd Unit A501 Floor 7 Key Biscayne, FL 33149

Estimated Value: $1,938,000 - $2,042,000

3 Beds
2 Baths
1,782 Sq Ft
1972 Built

Sale Details

Date Sold: June 29, 2023

Last sale price $2,050,000 $1,150 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $14,845 / mo

60 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Private Beach Pavilion
  • Marble Flooring

About This Home

As of June 2023

Don't miss out on this rarely available DIRECT OCEAN VIEW corner-unit beachfront residence! This 2-br+den condo boasts unobstructed east water/beach views from every room, providing gorgeous views and light all day. The corner unit ensures maximum privacy and the enclosed den offers a versatile space to suit your needs. The serene Bill Baggs state park is just steps away. Enjoy all the walking/biking paths and even be able to walk to the lighthouse from your residence. Amenites include, Beach Pool, outside BBQ area, Tennis Courts, Restaurant & Bar, Gym, Sauna/Steamroom, Beauty Salon, Billiards room, Party Room, plus 24 hour security. With updated kitchens and bathrooms, this condo is ready for you to move in and start living your dream waterfront lifestyle. Don't wait, schedule your visit!

Last Agent to Sell the Property

Sep Niakan

Blackbook Properties License #3102146 Listed on: 03/17/2023

Last Buyer's Agent

GERMAN BOTERO

Fortune Christie's International Real Estate License #0631343

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,289

Year Built

  • Built in 1972

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $2,039 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,782 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Den

Kitchen

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

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-010-0330

Community Details

Overview

  • Mid-Rise Community
  • Towers Of Key Biscayne Condos
  • Towers Of Key Biscayne Co Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Billiard Room
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Private Beach Pavilion
  • Community Playground

Pet Policy

  • No Pets Allowed

Security

  • Complete Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,289

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

HOA Fees

$2,039 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TOWERS OF KEY BISCAYNE CO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Fire Sprinklers, Pantry, Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 1782
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Complete Impact Glass, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: TOWERS OF KEY BISCAYNE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Doorman, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 6116
  • Amenities: Bike Storage, Billiard Room, Barbecue, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Child Play Area, Private Beach Pavilion, Sauna, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-010-0330
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 15289

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jun 29, 2023
Sold by
Mesa Sergio and Mesa Ana P
Bought by
Vmhr Investments Llc
Seller's Agent
Sep Niakan
Blackbook Properties
Buyer's Agent
GERMAN BOTERO
Fortune Christie's International Real Estate
List Price
$2,300,000
Sold Price
$2,050,000
Premium/Discount to List
-$250,000
-10.87%
Views
166
Current Estimated Value
$1,988,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,821
Avg. Annual Appreciation
-1.11%
Original Mortgage
$1,595,000
Outstanding Balance
$1,555,372
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$432,807

Purchase Details

Closed on
Feb 26, 2020
Sold by
Eureka Towers Llc
Bought by
Mesa Sergio and Moreno Ana P

Purchase Details

Listed on
Jan 17, 2013
Closed on
Mar 5, 2013
Sold by
Viergutz Jeanne
Bought by
Eureka Towers Llc
Seller's Agent
Rosa Johnson
MMLS Assoc.-Inactive Member
Buyer's Agent
Rosa Johnson
MMLS Assoc.-Inactive Member
List Price
$980,000
Sold Price
$950,000
Premium/Discount to List
-$30,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Nov 15, 2010
Sold by
Viergutz Alan
Bought by
Viergutz Jeanne
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Vmhr Investments Llc $2,050,000 None Listed On Document
Vmhr Investments Llc $2,050,000 None Listed On Document
Mesa Sergio -- Attorney
Eureka Towers Llc $950,000 Biltmore Title Corp
Viergutz Jeanne -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vmhr Investments Llc $1,595,000
Closed Vmhr Investments Llc $1,595,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2023 06/29/23 Sold $2,050,000 -4.7% $1,150 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
04/25/2023 04/25/23 Price Changed $2,150,000 -6.5% $1,207 / Sq Ft
03/17/2023 03/17/23 For Sale $2,300,000 +142.1% $1,291 / Sq Ft
03/07/2013 03/07/13 Sold $950,000 -3.1% $533 / Sq Ft View Prior Sale
02/03/2013 02/03/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $980,000 -- $550 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $27,175 $1,560,330 -- --
2024 $15,634 $1,733,700 -- --
2023 $15,634 $1,018,676 $0 $0
2022 $15,289 $989,006 $0 $0
2021 $15,356 $960,200 $0 $0
2020 $17,232 $1,043,700 $0 $0
2019 $16,452 $994,000 $0 $0
2018 $17,309 $1,080,767 $0 $0
2017 $18,206 $1,102,068 $0 $0
2016 $19,220 $1,001,880 $0 $0
2015 $18,844 $910,800 $0 $0
2014 $17,476 $1,010,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sep Niakan

    Seller's Agent in 2023

    Sep Niakan

    Blackbook Properties

    (305) 725-0566

    84 Total Sales

    Sep Niakan
    Section Image
  • GERMAN BOTERO

    Buyer's Agent in 2023

    GERMAN BOTERO

    Fortune Christie's International Real Estate

    (305) 361-1720

    24 Total Sales

    GERMAN BOTERO
    Section Image

  • R

    Seller's Agent in 2013

    Rosa Johnson

    MMLS Assoc.-Inactive Member

  • Alexander Saieh

    Buyer Co-Listing Agent in 2013

    Alexander Saieh

    Miami Realty Associates, LLC

    (305) 961-1115

    140 Total Sales

    Alexander Saieh
    Section Image
See All Agents

About Towers of Key Biscayne

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11358288

MIAMI REALTORS® MLS

APN: 24-5204-010-0330

Florida Miami/Dade County Key Biscayne 33149

1111 Crandon Blvd Unit A501, Key Biscayne, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.