NOT LISTED FOR SALE

Estimated Value: $1,656,697

2 Beds
2 Baths
1,782 Sq Ft
1971 Built

Sale Details

Date Sold: May 15, 2023

Last sale price $1,385,000 $777 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $12,360 / mo

294 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Beach Access
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Ocean Front
  • Heated Pool

About This Home

As of May 2023

Every evening will bring a different sunset experience from this oversized (1782 SQ) 2 bed/2 bath apartment guaranteeing endless panoramic views of Biscayne Bay, Pines Canal, Key Biscayne & the Coconut Grove skyline. Its corner location offers privacy and invites bountiful natural light. Remodeled opened kitchen with a sitting top bar for easy entertaining, breakfast area, formal dining & ample living space for lounging. Walk-in laundry room. Very spacious master bedroom has an en-suite immense bathroom w/large tub, dual sinks & separate shower. His and hers closets. Guest bedroom with guest bathroom across the hall. Large neutral porcelain floors throughout. Towers of Key Biscayne is an idyllic location on Key Biscayne with well curated, high class amenities and indoor-outdoor spaces.

Last Agent to Sell the Property

Martine C. Paulin

Compass Florida, LLC License #3059360 Listed on: 06/21/2022

Last Buyer's Agent

Jorge Ribas

Blue Capital Realty, LLC License #3237567

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,837

Year Built

  • Built in 1971

Lot Details

  • Ocean Front
  • Home fronts a canal
  • Southwest Facing Home

HOA Fees

  • $2,039 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,782 Sq Ft Home
  • Bar
  • Blinds
  • Combination Dining and Living Room
  • Storage
  • Tile Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Deeded Waterfront Access Rights
  • Open Patio
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2452040104220

Community Details

Overview

  • Association fees include common areas, ground maintenance, maintenance structure, pool(s), sewer, security, trash, water
  • 532 Units
  • Towers Of Key Biscayne Co Subdivision
  • Maintained Community
  • Community Parking
  • 14-Story Property

Amenities

  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Community Playground

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • On-Site Manager or Management
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,837

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

HOA Fees

$2,039 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1971
  • Entry Level: 1
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Bathtub, Dual Sinks, Living/Dining Room, Storage, Soaking Tub, Separate Shower, Bar
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Oven, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1782.0
  • Stories: 14
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Canal, Ocean
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Beach Access, Canal Front, Deeded Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southwest
  • Patio And Porch Features: Open, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered

Utilities

  • Security: Security System, Elevator Secured, Secured Garage/Parking, Lobby Secured, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 6116.0
  • Pets Allowed: No
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access, Billiard Room, Bike Storage, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Management, Picnic Area, Playground, Pool, Parking, Storage, Tennis Court(s), Trash
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 2452040104220
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12837.0

Multi Family

  • Number Of Units In Community: 532

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
Jun 21, 2022
Closed on
May 15, 2023
Sold by
Ithaca Investments Llc
Bought by
Seller's Agent
Martine C. Paulin
Compass Florida, LLC
Buyer's Agent
Jorge Ribas
Blue Capital Realty, LLC
List Price
$1,775,000
Sold Price
$1,385,000
Premium/Discount to List
-$390,000
-21.97%
Current Estimated Value
$1,656,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,697
Avg. Annual Appreciation
5.49%
Original Mortgage
$833,000
Outstanding Balance
$793,593
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$863,104

Purchase Details

Listed on
Aug 20, 2012
Closed on
Oct 9, 2012
Sold by
Goodman Margaret
Bought by
Ithaca Investments Llc
Seller's Agent
Maureen Jauregui
Coldwell Banker Realty
Buyer's Agent
Martine Paulin
Compass Florida, LLC
List Price
$765,000
Sold Price
$765,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Key Biscayne, FL

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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
$1,385,000 None Listed On Document
Ithaca Investments Llc $765,000 Attorney
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 $833,000
Previous Owner Goodman Margaret H $938,250
Previous Owner Goodman Margaret $625,500
Previous Owner Goodman Max W $100,000
Previous Owner Goodman Max W $60,000
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
05/15/2023 05/15/23 Sold $1,385,000 -22.0% $777 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
06/21/2022 06/21/22 For Sale $1,775,000 0.0% $996 / Sq Ft
01/01/2014 01/01/14 Rented $4,750 -3.1% --
12/02/2013 12/02/13 Under Contract -- -- --
11/15/2013 11/15/13 For Rent $4,900 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $18,353 $1,176,840
2024 $16,526 $1,307,600
2023 $16,526 $836,715 $0 $0
2022 $12,837 $760,650 $0 $0
2021 $11,582 $691,500 $0 $0
2020 $12,409 $751,586 $0 $0
2019 $14,913 $901,000 $0 $0
2018 $15,510 $968,469 $0 $0
2017 $14,393 $890,956 $0 $0
2016 $13,753 $818,404 $0 $0
2015 $13,369 $744,004 $0 $0
2014 $11,942 $676,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11219172

BeachesMLS (Greater Fort Lauderdale)

APN: 24-5204-010-4220

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