NOT LISTED FOR SALE

Towers of Key Biscayne 1111 Crandon Blvd Unit C1202 Key Biscayne, FL 33149

Estimated Value: $1,852,000 - $2,497,000

4 Beds
4 Baths
2,896 Sq Ft
1972 Built

Sale Details

Date Sold: April 1, 2022

Last sale price $2,140,000 $739 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $17,113 / mo

150 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Penthouse
  • Key Biscayne K-8 Center Rated A-
  • Media Room
  • Clubhouse

About This Home

As of April 2022

Gorgeous completely remodeled 4Bed/5Bath + Studio/Den + Service Quarters. Units 1202 & 1203 combined to create a unique PH, featuring Italian custom-made kitchen designed by ITALKRAFT with calacatta quartz and top of the line appliances. Exquisitely decorated to perfection with wood porcelain tile throughout, linear A/C vents and custom lighting. This bright and spacious PH offers open ocean and bay views. Towers of Key Biscayne amenities include restaurant, 2 pools, tennis courts, gym, sauna, steam room, BBQ, children's play room & beauty salon. Rare on the market. Unit leased until May 2023, Great for investors looking to generate instant cash flow and lock in price in rising market.

Last Agent to Sell the Property

Fernando Echeverri, P.A., CCIM

Great Properties International LLC License #3045300 Listed on: 11/01/2021

Great Properties International LLC

Last Buyer's Agent

Ignacio Villanueva

Compass Florida, LLC License #3298317

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,532

Year Built

  • Built in 1972

Lot Details

  • Ocean Front
  • End Unit
  • North Facing Home

HOA Fees

  • $2,713 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Deeded Parking
  • Assigned Parking

Property Views

Home Design

  • Penthouse
  • Entry on the 12th floor

Interior Spaces

  • 2,896 Sq Ft Home
  • Blinds
  • Formal Dining Room
  • Media Room
  • Den
  • Storage Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Grill

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-010-2640

Community Details

Overview

  • 534 Units
  • Mid-Rise Community
  • Towers Of Key Biscayne Condos
  • Towers Of Key Biscayne Subdivision, Estoril + Antigua Floorplan
  • Car Wash Area
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse
  • Community Kitchen
  • Billiard Room
  • Business Center
  • Community Library
  • Laundry Facilities

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,532

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

HOA Fees

$2,713 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise, Penthouse
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Master Model: Estoril + Antigua
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TOWERS OF KEY BISCAYNE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Closet Cabinetry, Cooking Island, Den/Library/Office, Maid/In-Law Quarters, Media Room, Storage
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2896
  • Possible Use: Primary
  • Stories: 12
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters, Media Room, Storage Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Bay, Ocean View, Direct Ocean, Water View
  • Exterior Features: Barbeque, Tennis Court(s)
  • Direction Faces: North
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Towers of Key Biscayne
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Deeded

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Secured Garage/Parking, Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 2713
  • Amenities: Billiard Room, Barbecue, Business Center, Clubhouse-Clubroom, Laundry, Exercise Room, Heated Pool, Kitchen Facilities, Library, Child Play Area, Sauna, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-04-010-2640
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13532

Multi Family

  • Maintenance Expense: 2713
  • Number Of Units In Community: 534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Mar 31, 2022
Sold by
Canetela Trading Of Florida Llc
Bought by
Pink Sands Trust
Seller's Agent
Fernando Echeverri, P.A., CCIM
Great Properties International LLC
Buyer's Agent
Ignacio Villanueva
Compass Florida, LLC
List Price
$2,290,000
Sold Price
$2,140,000
Premium/Discount to List
-$150,000
-6.55%
Current Estimated Value
$2,301,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,469
Avg. Annual Appreciation
1.79%
Original Mortgage
$1,605,000
Outstanding Balance
$1,483,191
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$818,278

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 22, 2016
Sold by
Bank Of America Na
Bought by
Canetela Trading Of Florida Llc
Seller's Agent
Mark Tenzer
MMLS Assoc.-Inactive Member
Buyer's Agent
Fernando Echeverri, P.A., CCIM
Great Properties International LLC
List Price
$1,599,900
Sold Price
$1,450,000
Premium/Discount to List
-$149,900
-9.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Nov 20, 2014
Sold by
Castro Alex
Bought by
Bank Of America National Association

Purchase Details

Closed on
Nov 15, 2006
Sold by
Rodriguez Jesus G and Fojo Patricia
Bought by
Castro Alex and Castro Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1995
Sold by
Sanchez Fausto H and Levitan Aida T
Bought by
Sanchez Fausto H and Levitan Aida T
Source: Public Records
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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 Buyer Sale Price Title Company
Pink Sands Trust $2,140,000 R&S International Law Group Ll
Canetela Trading Of Florida Llc $1,450,000 Landcastle Title Llc
Bank Of America National Association $926,200 None Available
Castro Alex $1,275,000 Attorney
Sanchez Fausto H -- --
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 Borrower Loan Amount
Open Pink Sands Trust $1,605,000
Previous Owner Castro Alex $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Sold $2,140,000 -6.6% $739 / Sq Ft
11/01/2021 11/01/21 For Sale $2,290,000 0.0% $791 / Sq Ft
09/30/2020 09/30/20 Rented $8,500 -5.0% --
08/01/2020 08/01/20 Price Changed $8,950 -3.2% $3 / Sq Ft
06/29/2020 06/29/20 For Rent $9,250 +3.9% --
09/10/2019 09/10/19 Rented $8,900 -3.8% --
07/31/2019 07/31/19 Under Contract -- -- --
06/15/2019 06/15/19 For Rent $9,250 0.0% --
01/19/2017 01/19/17 Sold $1,450,000 -9.4% $501 / Sq Ft View Prior Sale
12/09/2016 12/09/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $1,599,900 -- $552 / 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 $25,511 $1,663,900 -- --
2024 $26,544 $1,663,900 -- --
2023 $26,544 $1,663,900 $0 $0
2022 $15,473 $909,480 $0 $0
2021 $13,808 $826,800 $0 $0
2020 $14,838 $898,700 $0 $0
2019 $15,658 $946,000 $0 $0
2018 $16,429 $1,025,834 $0 $0
2017 $16,572 $1,025,834 $0 $0
2016 $16,630 $1,005,720 $0 $0
2015 $16,997 $1,005,720 $0 $0
2014 $13,065 $739,992 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ignacio Villanueva

    Buyer's Agent in 2022

    Ignacio Villanueva

    Compass Florida, LLC

    (917) 703-6010

    69 Total Sales

    Ignacio Villanueva
    Section Image
  • Sergiy Serdyuk

    Buyer's Agent in 2020

    Sergiy Serdyuk

    Barr Agency Real Estate

    (847) 791-7778

    43 Total Sales

    Sergiy Serdyuk
    Section Image

  • M

    Buyer's Agent in 2019

    Mario Valbuena

    Miller Eaton LLC

    3 Total Sales

    Mario Valbuena
    Section Image

  • M

    Seller's Agent in 2017

    Mark Tenzer

    MMLS Assoc.-Inactive Member

    Section Image
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About Towers of Key Biscayne

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11116505

MIAMI REALTORS® MLS

APN: 24-5204-010-2640

Florida Miami/Dade County Key Biscayne 33149

1111 Crandon Blvd Unit C1202, 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.

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