$525,000
SOLD OCT 20, 2021
2 Beds
2 Baths
1,409 Sq Ft
$1,238/mo HOA Fee

Recently Sold

$373 Per Sq Ft

19% Below List Price

31 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Heated Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Main Floor Bedroom
  • Tennis Courts

About This Home

As of August 2024

RARELY AVAILABLE LANAI APARTMENT WITH DELIGHTFUL PATIO (97'). TAX ROLL SHOWS A 2/2 WITH 1409' BUT THE UNIT WAS MODIFIED/REDUCED TO A 1/1.5 WITH A DEN(BEDROOM). IN ORIGINAL WELL MANTAINED CONDITION. MOVE IN AS IS OR REMODEL TO A DREAM HOME. YOU HAVE YOUR OWN GATE WAY TO THE POOL AND ONLY STEPS TO THE BEACH. WALK ALONG BILL BAGGS PARK TO THE LIGHTHOUSE AND RETURN BY BISCAYNE BAY TO ENJOY THE BEST THAT NATURE OFFERS. PARADISE AWAITS YOU.

Last Agent to Sell the Property

Brian Corbett

MMLS Assoc.-Inactive Member License #3208523 Listed on: 07/30/2021

Co-Listed By

Elsa Corbett

Coldwell Banker Realty License #3167531

Last Buyer's Agent

Arturo Sosa

One Sotheby's International Realty License #3210067

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,671

Year Built

  • Built in 1971

HOA Fees

  • $1,238 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking

Property Views

  • Garden

Home Design

  • Garden Apartment
  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,409 Sq Ft Home
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-010-2740

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Secure Lobby
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Service
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,671

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,238 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment, High Rise
  • Co List Office Mls Id: CBRE07
  • Co List Office Phone: 305-361-5722
  • Entry Level: 1
  • 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: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Fire Sprinklers
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1409
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bath Shower

Exterior Features

  • View: Garden View, Ocean View, Pool Area View
  • Exterior Features: East Of Us1, Barbeque
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • 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: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Deeded

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central, Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Sprinklers, Lobby Secured, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 3714
  • Amenities: Barbecue, Laundry, Elevator(s), Exercise Room, Heated Pool, Child Play Area, Tennis Court(s), Vehicle Wash Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 24-52-04-010-2740
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3714

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3671

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Aug 13, 2024
Sold by
Family Key Llc
Bought by
Jiyoma Llc
Seller's Agent
M. Ginette Orozco
Coldwell Banker Realty
Buyer's Agent
Monica Henao
Miller Eaton LLC
List Price
$925,000
Sold Price
$810,000
Premium/Discount to List
-$115,000
-12.43%
Views
1721
Current Estimated Value
$841,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,268
Avg. Annual Appreciation
12.38%
Original Mortgage
$486,000
Outstanding Balance
$481,809
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$439,163

Purchase Details

Closed on
Dec 17, 2022
Sold by
Rodriguez Valentina and Rodriguez Tarak S
Bought by
Family Key Llc

Purchase Details

Listed on
Jul 30, 2021
Closed on
Oct 13, 2021
Sold by
Greenberg Rae Ellen
Bought by
Rodriguez Valentina and Rambhatla Tarak S
Seller's Agent
Brian Corbett
MMLS Assoc.-Inactive Member
Buyer's Agent
Arturo Sosa
One Sotheby's International Realty
List Price
$649,000
Sold Price
$525,000
Premium/Discount to List
-$124,000
-19.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.46%

Purchase Details

Closed on
Jul 7, 2015
Sold by
Greenberg Lois S
Bought by
Greenberg Lois S and Greenberg Rae Ellen
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 Type Sale Price Title Company
Warranty Deed $810,000 None Listed On Document
Quit Claim Deed $525,000 --
Warranty Deed $525,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $486,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Sold $810,000 -3.6% $575 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $840,000 -9.2% $596 / Sq Ft
03/11/2024 03/11/24 For Sale $925,000 +76.2% $656 / Sq Ft
10/20/2021 10/20/21 Sold $525,000 -19.1% $373 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $649,000 0.0% $461 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/18/2021 08/18/21 Price Changed $649,000 -12.9% $461 / Sq Ft
07/29/2021 07/29/21 For Sale $745,000 -- $529 / 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 $11,076 $668,895 -- --
2024 $11,252 $704,100 -- --
2023 $11,252 $704,100 $0 $0
2022 $8,370 $513,954 $0 $0
2021 $6,915 $407,900 $0 $0
2020 $3,671 $287,690 $0 $0
2019 $3,575 $281,222 $0 $0
2018 $3,362 $275,979 $0 $0
2017 $3,316 $270,303 $0 $0
2016 $3,316 $264,744 $0 $0
2015 $3,368 $262,904 $0 $0
2014 -- $260,818 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11077762

MIAMI REALTORS® MLS

APN: 24-5204-010-2740