NOT LISTED FOR SALE

Estimated Value: $1,069,000 - $1,374,000

2 Beds
2 Baths
1,409 Sq Ft
$975/mo HOA Fee

Last Sold January 31, 2019

Last sale price $652,000 $463 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,945/month

289 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Bar or Lounge
  • Sauna

About This Home

As of January 2019

Beautiful, panoramic ocean and state park views from all rooms. Ceramic tile flooring, large terrace, and split bedroom plan make this a very desirable penthouse apartment. Unit features an eat-in kitchen, walk-in closets, new A/C and extra storage space, . Just steps from the beach, gazebo, gym, tennis courts, 2 pools, plus a gourmet restaurant and lounge. 2 assigned upper garage parking 784 & 785. Very easy to show!

Last Agent to Sell the Property

Maureen Jauregui

Coldwell Banker Realty License #0549977 Listed on: 04/04/2018

Coldwell Banker Realty

Co-Listed By

Emma Jauregui

Coldwell Banker Realty License #3257300

Last Buyer's Agent

Rocio Granados

Fortune Christie's International Real Estate License #0390651

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,179

Year Built

  • Built in 1971

HOA Fees

  • $975 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Entry on the 14th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,409 Sq Ft Home
  • Double Hung Metal Windows
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Beach Access

Schools

  • Keybiscayne Elementary School

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-010-3620

Community Details

Overview

  • 538 Units
  • Towers Of Key Biscayne Condos
  • Towers Of Key Biscayne Co Subdivision, Biscayo Floorplan
  • 14-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Community Kitchen
  • Billiard Room
  • Community Center
  • Party Room
  • Bar or Lounge
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Playground

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Security Guard
  • Walled
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,179

Year Built

Built in 1971

Lot Details

0

HOA Fees

$975 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Co List Office Mls Id: FINR04
  • Co List Office Phone: 305-361-1720
  • Entry Level: 14
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access, Beach Access
  • Master Model: Biscayo
  • 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, Disposal, Dryer, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Split Bedroom
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1409
  • Possible Use: Primary
  • Stories: 14
  • Window Features: Hurricane Shutters, Double Hung Metal
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • 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: Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Secured Garage/Parking, Guard At Site, Walled

Condo/Co-op/Association

  • Association Fee: 2925
  • Amenities: Bar, Billiard Room, Barbecue, Laundry, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Kitchen Facilities, Child Play Area, Sauna, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-04-010-3620
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 2925
  • Number Of Units In Community: 538
  • Number Of Units Total: 269

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jan 18, 2019
Sold by
Mastbaum Leonard I and Mastbaum Mildred G
Bought by
Reparaz Natalia Carmen
Seller's Agent
Maureen Jauregui
Coldwell Banker Realty
Buyer's Agent
Rocio Granados
Fortune Christie's International Real Estate
List Price
$697,500
Sold Price
$652,000
Premium/Discount to List
-$45,500
-6.52%
Current Estimated Value
$1,200,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,222
Avg. Annual Appreciation
10.19%

Purchase Details

Closed on
Apr 30, 1998
Sold by
Joseph and Mast Diane M
Bought by
Mastbaum Leonard I and Mastbaum Mildred G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.03%
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
Reparaz Natalia Carmen $652,000 Attorney
Mastbaum Leonard I $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mastbaum Leonard I $225,000
Previous Owner Mastbaum Leonard I $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $652,000 -6.5% $463 / Sq Ft
01/18/2019 01/18/19 For Sale $697,500 0.0% $495 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/16/2019 01/16/19 Pending -- -- --
12/12/2018 12/12/18 Price Changed $697,500 -4.3% $495 / Sq Ft
07/12/2018 07/12/18 Price Changed $729,000 -2.7% $517 / Sq Ft
04/03/2018 04/03/18 For Sale $749,500 -- $532 / 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 $7,579 $534,771 -- --
2024 $7,459 $519,700 -- --
2023 $7,459 $504,564 $0 $0
2022 $7,358 $489,868 $0 $0
2021 $7,382 $475,600 $0 $0
2020 $7,888 $516,968 $0 $0
2019 $9,815 $593,000 $0 $0
2018 $10,491 $697,660 $0 $0
2017 $10,179 $567,382 $0 $0
2016 $9,537 $515,802 $0 $0
2015 $9,329 $468,911 $0 $0
2014 $8,315 $426,283 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10446235

MIAMI REALTORS® MLS

APN: 24-5204-010-3620