NOT LISTED FOR SALE

Estimated Value: $864,265 - $1,067,000

2 Beds
2 Baths
1,409 Sq Ft
1971 Built

Last Sold August 30, 2022

Last sale price $830,000 $589 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,648/month

Highlights

  • Ocean Front
  • Full Time Lobby Attendant
  • Gated with Attendant
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • In Ground Pool

About This Home

As of December 2022

Just Listed for rent FULLY FURNISHED, 2/2 SEASONAL RENTAL: November 2022 through May 2023 at Towers of Key Biscayne. ENJOY SUNSHINE AND GREAT CLIMATE DURING THESE MONTHS!!! Tastefully decorated and appointed, all new furnishings. Newer appliances. Large Terrace to enjoy your afternoon. Towers of Key Biscayne is located at the end of Key Biscayne Island, ON THE BEACH, next to Cape Florida State Park. Condo offers: Beach chairs, 2 swimming pools, Tennis courts, Huge BBQ area, Super nice GYM, Party Room, Game Room, Restaurant, Beauty Salon. 1 covered parking space. Plenty of Guest Parking. Management on-site. Walk to everything Key Biscayne has to offer: Cafes, restaurants, bars, grocery stores, parks.

Last Agent to Rent the Property

Alyeska Semsch

Semsch Realty License #0635551 Listed on: 10/26/2022

Last Renter's Agent

Maria Fe Gonzalez Latorre

Conde Realty License #3497012

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,095

Year Built

  • Built in 1971

Lot Details

  • Ocean Front

Parking

  • 1 Car Garage
  • Guest Parking

Interior Spaces

  • 1,409 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Door Monitored By TV

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Clay
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Beach Access
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Property Available on 10/27/22
  • Short Term Lease Lease Term
  • Assessor Parcel Number 24-52-04-010-3790

Community Details

Overview

  • No Home Owners Association
  • Towers Of Key Biscayne Co Condos
  • Towers Of Key Biscayne Co Subdivision
  • Maintained Community

Amenities

  • Full Time Lobby Attendant
  • Picnic Area
  • Sauna
  • Game Room
  • Billiard Room
  • Community Center
  • Elevator

Recreation

  • Recreation Facilities
  • Community Playground

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,095

Year Built

Built in 1971

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-10-27
  • Lease Term: Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Architectural Style: Second Floor Entry
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Beach
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Seasonal, Condo
  • Subdivision Name: TOWERS OF KEY BISCAYNE CO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Clay
  • Furnished: Furnished
  • Living Area: 1409
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen

Exterior Features

  • Exterior Features: Barbeque, Tennis Court(s)
  • Patio And Porch Features: Porch/Balcony
  • Pool Features: In Ground, Community
  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Gated with Guard, Lobby Attended, TV Monitor

Condo/Co-op/Association

  • Amenities: Activity Room, Gated, Clubhouse, Community Pool, Elevator(s), Exercise Room, Guard At Gate, Maintained Community, Management On Site, Child Play Area, Pool Table, Security Patrol
  • Association: No
  • Community Features: Lawn/Pool Maintenance, Recreation Facilities, Tennis, Additional Amenities, Clubhouse, Pool, Tennis Court(s), Exercise Room, Game Room, Gated Community, Maintained Community, Management On Site, Picnic Area, Sauna

Lot Info

  • Parcel Number: 24-52-04-010-3790
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Aug 30, 2022
Sold by
Walsh Patrick J and Walsh Susan E
Bought by
Ialec Investments Corporation
Seller's Agent
Peter Warner
Fortune Christie's International Real Estate
Buyer's Agent
Alyeska Semsch
Semsch Realty
List Price
$895,000
Sold Price
$830,000
Premium/Discount to List
-$65,000
-7.26%
Views
2
Current Estimated Value
$1,036,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,222
Avg. Annual Appreciation
7.53%
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
Ialec Investments Corporation $830,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Rented $5,000 0.0% --
11/19/2022 11/19/22 Under Contract -- -- --
10/26/2022 10/26/22 For Rent $5,000 0.0% --
08/30/2022 08/30/22 Sold $830,000 -5.1% $589 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/15/2022 07/15/22 Price Changed $875,000 -2.2% $621 / Sq Ft
04/26/2022 04/26/22 For Sale $895,000 -- $635 / 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 $11,095 $670,035 -- --
2024 $11,095 $705,300 -- --
2023 $11,271 $705,300 $0 $0
2022 $6,246 $419,910 $0 $0
2021 $6,264 $407,680 $0 $0
2020 $5,991 $402,052 $0 $0
2019 $5,856 $393,013 $0 $0
2018 $5,544 $385,685 $0 $0
2017 $5,469 $377,753 $0 $0
2016 $5,474 $369,984 $0 $0
2015 $5,555 $367,413 $0 $0
2014 $5,638 $364,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11294355

MIAMI REALTORS® MLS

APN: 24-5204-010-3790