NOT LISTED FOR SALE

Estimated Value: $852,604 - $1,474,000

2 Beds
2 Baths
1,409 Sq Ft
$919/mo HOA Fee

Last Sold February 04, 2013

Last sale price $525,000 $373 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $7,181/month

119 Days on Market

Highlights

  • Doorman
  • Community Cabanas
  • Deck
  • Key Biscayne K-8 Center Rated A-
  • Waterfront
  • Garden View

About This Home

As of February 2013

FANTASTIC OPPORTUNITY TO OWN A 2 BEDROOM/ 2 BATH APARTMENT AT THE TOWERS OF KEY BISCYANE! TENNIS COURTS, 2 POOLS, BARBQ, GAZEBO, GYM, RESTAURANT, PARTY ROOM, WATERFRONT, GUARD AT GATE AND LOBBY. ORIGINAL UNIT WAITING FOR YOUR TLC. PRICED TO SELL!!EASY TO SHOW, VACANT ON LOCK BOX.

Last Agent to Sell the Property

Elia Tarafa

MMLS Assoc.-Inactive Member License #0186155 Listed on: 09/05/2012

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Maria Iglesias

Miami New Realty License #3011365

Miami New Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,497

Year Built

  • Built in 1971

HOA Fees

  • $919 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,409 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Grill

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-010-2800

Community Details

Overview

  • Mid-Rise Condominium
  • Towers Of Key Biscayne Condos
  • 12-Story Property

Amenities

  • Doorman
  • Billiard Room

Recreation

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,497

Year Built

Built in 1971

Lot Details

0

HOA Fees

$919 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dryer, Other Equipment/Appliances, Electric Range, Washer
  • Interior Amenities: Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1409
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room, Other
  • Master Bathroom Features: None

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Guard At Site

Condo/Co-op/Association

  • Association Fee: 919
  • Amenities: Billiard Room, Cabana
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-010-2800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 919

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2015
Sold by
Damart Corporation
Bought by
Castellanos Campana Marta and Del Solar Jorge Salkeld
Current Estimated Value
$1,083,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Outstanding Balance
$319,350
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$799,888

Purchase Details

Listed on
Sep 5, 2012
Closed on
Jan 23, 2013
Sold by
Arroyo Investments Inc
Bought by
Damart Corporation
Seller's Agent
Elia Tarafa
MMLS Assoc.-Inactive Member
Buyer's Agent
Maria Iglesias
Miami New Realty
List Price
$540,000
Sold Price
$525,000
Premium/Discount to List
-$15,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$341,250
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Castellanos Campana Marta $685,000 None Available
Damart Corporation $525,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castellanos Campana Marta $411,000
Previous Owner Damart Corporation $341,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2013 02/04/13 Sold $525,000 -2.8% $373 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
09/05/2012 09/05/12 For Sale $540,000 -- $383 / 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 $6,497 $463,483 -- --
2024 $6,391 $450,421 -- --
2023 $6,391 $437,302 $0 $0
2022 $6,320 $424,566 $0 $0
2021 $6,338 $412,200 $0 $0
2020 $6,749 $448,004 $0 $0
2019 $9,032 $584,904 $0 $0
2018 $8,560 $573,999 $0 $0
2017 $8,449 $562,193 $0 $0
2016 $8,461 $550,630 $0 $0
2015 $9,347 $531,311 $0 $0
2014 -- $483,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1684821

MIAMI REALTORS® MLS

APN: 24-5204-010-2800