NOT LISTED FOR SALE

Estimated Value: $1,081,898

2 Beds
2 Baths
1,409 Sq Ft
1971 Built

Sale Details

Date Sold: March 3, 2023

Last sale price $825,000 $586 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,436 / mo

73 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Fitness Center
  • Ocean View
  • Private Beach Pavilion
  • Sitting Area In Primary Bedroom

About This Home

As of March 2023

TWO BEDROOMS AND TWO BATHS FACING NORTHEAST WITH OCEAN VIEW. SPLIT BEDROOM PLAN WITH 1409 SQ FT. LARGE EAT-IN KITCHEN WITH WASHER AND DRYER. ALL IMPACT GLASS WINDOWS AND DOORS. OPEN BALCONY. BEST BUY IN THE TOWERS OF KEY BISCAYNE.
RENTED UNTIL 6/14/2023 AT $3700 PER MONTH.
BUILDING HAS DIRECT OCEAN ACCESS, HEATED POOL, 2 TENNIS COURTS, PARTY ROOM, TWO GYMS, ON-SITE MANAGEMENT, BARBEQUE AREA, COVERED PARKING AND GUEST PARKING.

Last Agent to Sell the Property

Joan McCaughan

Coldwell Banker Realty License #0087421 Listed on: 12/19/2022

Coldwell Banker Realty

Last Buyer's Agent

Jorge Ribas

Blue Capital Realty, LLC License #3237567

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,078

Year Built

  • Built in 1971

Lot Details

  • Waterfront
  • Northeast Facing Home

HOA Fees

  • $1,590 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,409 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Outdoor Grill

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-010-4080

Community Details

Overview

  • Mid-Rise Community
  • Towers Of Key Biscayne Condos
  • Towers Of Key Biscayne Co,Towers Of Kb Subdivision, Biscayo Floorplan
  • 12-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Private Beach Pavilion

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,078

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

HOA Fees

$1,590 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water Access
  • Master Model: BISCAYO
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TOWERS OF KEY BISCAYNE CO,TOWERS OF KB
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1409
  • Possible Use: Primary
  • Stories: 12
  • Window Features: Clear Impact Glass, Complete Impact Glass
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony, Tennis Court(s)
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • 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, Covered, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 4770
  • Amenities: Bike Storage, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Pool, Private Beach Pavilion, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-04-010-4080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8078

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Feb 28, 2023
Sold by
Bought by
Seller's Agent
Joan McCaughan
Coldwell Banker Realty
Buyer's Agent
Jorge Ribas
Blue Capital Realty, LLC
List Price
$825,000
Sold Price
$825,000
Views
64
Current Estimated Value
$1,081,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,898
Avg. Annual Appreciation
8.15%
Original Mortgage
$577,500
Outstanding Balance
$552,771
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$529,127

Purchase Details

Closed on
Oct 1, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
May 6, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.75%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$825,000 --
$450,000 --
$325,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $577,500
Previous Owner $202,000
Previous Owner $225,000
Previous Owner $260,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $825,000 0.0% $586 / Sq Ft
12/19/2022 12/19/22 For Sale $825,000 0.0% $586 / Sq Ft
06/15/2016 06/15/16 Rented $3,200 0.0% --
05/11/2016 05/11/16 Under Contract -- -- --
04/28/2016 04/28/16 Price Changed $3,200 -8.6% $2 / Sq Ft
04/04/2016 04/04/16 For Rent $3,500 +16.7% --
08/04/2015 08/04/15 Rented $3,000 -7.7% --
07/05/2015 07/05/15 Under Contract -- -- --
06/08/2015 06/08/15 For Rent $3,250 +16.1% --
06/10/2014 06/10/14 Rented $2,800 -5.1% --
06/10/2014 06/10/14 For Rent $2,950 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,789 $690,175
2024 $9,660 $726,500
2023 $9,660 $514,129 $0 $0
2022 $8,078 $467,390 $0 $0
2021 $7,195 $424,900 $0 $0
2020 $7,626 $461,899 $0 $0
2019 $9,103 $550,000 $0 $0
2018 $8,766 $550,430 $0 $0
2017 $8,575 $495,568 $0 $0
2016 $8,375 $450,517 $0 $0
2015 $8,196 $409,561 $0 $0
2014 $7,304 $372,329 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11315412

MIAMI REALTORS® MLS

APN: 24-5204-010-4080

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