NOT LISTED FOR SALE

Towers of Key Biscayne 1111 Crandon Blvd Unit C805 Key Biscayne, FL 33149

Estimated Value: $1,839,186 - $2,259,000

3 Beds
3 Baths
2,208 Sq Ft
$1,457/mo HOA Fee

Last Sold July 02, 2018

Last sale price $1,470,000 $666 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $14,189/month

22 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Sauna

About This Home

As of July 2018

A true 3 bedroom/3 bathroom condo of 2208 sq ft in the highly sought after Towers of Key Biscayne. Enjoy panoramic views of the ocean, state park and Biscayne Bay from every room. The resort like facilities of the Towers offers beach and pool attendants, gyms, pools, tennis courts, game rooms and children's playroom. The in-house restaurant-Francesco-offers Peruvian/Italian cuisine. Step out to the beach and live this unique quality of life which awaits you in this rarely available 3 beds/3 baths

Last Agent to Sell the Property

Brian Corbett

MMLS Assoc.-Inactive Member License #3208523 Listed on: 03/01/2018

Co-Listed By

Elsa Corbett

Coldwell Banker Realty License #3167531

Coldwell Banker Realty

Last Buyer's Agent

Elsa Corbett

Coldwell Banker Realty License #3167531

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,748

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • South Facing Home

HOA Fees

  • $1,457 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,208 Sq Ft Home
  • Ceiling Fan
  • Blinds

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-010-2390

Community Details

Overview

  • Mid-Rise Condominium
  • Towers Of Key Biscayne Condos
  • Towers Of Key Biscayne Co Subdivision
  • Car Wash Area
  • 12-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Billiard Room
  • Community Center
  • Party Room
  • Community Library
  • Recreation Room
  • Bike Room
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Security Service
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,748

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$1,457 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: CBRE07
  • Co List Office Phone: 305-361-5722
  • Entry Level: 8
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • 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, Water Softener Owned
  • Interior Amenities: Lobby, First Floor Entry, Closet Cabinetry, Elevator, Fire Sprinklers, Pantry, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Carpet, Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 2208
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Ocean View
  • Exterior Features: Barbeque, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Towers of Key Biscayne
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Security Patrol

Condo/Co-op/Association

  • Association Fee: 4372
  • Amenities: Bike Storage, Billiard Room, Barbecue, Community Room, Exercise Room, Storage, Heated Pool, Hobby Room, Library, Pool, Sauna, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-010-2390
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 4372

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 11748

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jun 22, 2018
Sold by
Zemel Aida R and Aida R Zemel Living Trust
Bought by
Hsia Hsia James C James C and Hsia Kiung Mitzi
Seller's Agent
Brian Corbett
MMLS Assoc.-Inactive Member
Buyer's Agent
Elsa Corbett
Coldwell Banker Realty
List Price
$1,595,000
Sold Price
$1,470,000
Premium/Discount to List
-$125,000
-7.84%
Current Estimated Value
$2,082,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,047
Avg. Annual Appreciation
4.71%
Original Mortgage
$8,820
Outstanding Balance
$7,698
Interest Rate
4.54%
Estimated Equity
$2,041,943

Purchase Details

Closed on
Feb 11, 2014
Sold by
Zemel Aida R
Bought by
Zemel Aida R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,200
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 14, 2013
Sold by
Zemel Aida
Bought by
Zemel Aida R

Purchase Details

Closed on
Jun 12, 1997
Sold by
Praver Carolyn
Bought by
Zemel Reuben and Zemel Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Hsia Hsia James C James C $1,470,000 Attorney
Zemel Aida R -- Title Source Inc
Zemel Aida R -- Title Source Inc
Zemel Aida R -- Attorney
Zemel Reuben $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zemel Reuben $8,820
Previous Owner Zemel Aida R $398,200
Previous Owner Zemel Aida $406,325
Previous Owner Zemel Reuben $417,000
Previous Owner Zemel Reuben $20,000
Previous Owner Zemel Reuben $385,000
Previous Owner Zemel Reuben $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $1,470,000 -7.8% $666 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $1,595,000 -- $722 / 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 $20,845 $1,406,533 -- --
2024 $20,545 $1,366,894 -- --
2023 $20,545 $1,327,082 $0 $0
2022 $20,048 $1,288,430 $0 $0
2021 $16,512 $991,100 $0 $0
2020 $17,787 $1,077,300 $0 $0
2019 $18,769 $1,134,000 $0 $0
2018 $11,900 $783,028 $0 $0
2017 $11,748 $766,923 $0 $0
2016 $11,769 $751,149 $0 $0
2015 $11,943 $745,928 $0 $0
2014 $12,123 $740,008 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brian Corbett

    MMLS Assoc.-Inactive Member

    Section Image

  • E

    Seller Co-Listing Agent in 2018

    Elsa Corbett

    Coldwell Banker Realty

    (305) 361-5722

    5 Total Sales

    Elsa Corbett
    Section Image
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About Towers of Key Biscayne

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10424345

MIAMI REALTORS® MLS

APN: 24-5204-010-2390

Florida Miami/Dade County Key Biscayne 33149

1111 Crandon Blvd Unit C805, Key Biscayne, FL

This home is located at 1111 Crandon Blvd Unit C805, Key Biscayne, FL 33149 since 01 March 2018 and is currently estimated at $2,082,047, approximately $942 per square foot. This property was built in 1972. 1111 Crandon Blvd Unit C805 is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

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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