NOT LISTED FOR SALE

Estimated Value: $1,449,523 - $1,893,000

2 Beds
2 Baths
1,782 Sq Ft
1971 Built

Last Sold May 04, 2017

Last sale price $1,050,000 $589 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $9,781/month

365 Days on Market

Highlights

  • Ocean Front
  • Private Beach Pavilion
  • Private Guards
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Community Pool

About This Home

As of May 2017

Spectacular remodeled corner unit located in the tranquil Towers of Key Biscayne. Relax on your private balcony overlooking the Atlantic Ocean, Miami and wonderful Biscayne Bay. Apartment has been impeccably maintained. Southernmost condo on Key Biscayne, stroll from your apartment to the beaches of or enjoy a peaceful walk through Cape Florida State park. 24hrs notice.

Last Agent to Sell the Property

William Earle

Three Bridges Realty, LLC License #0663590 Listed on: 03/02/2016

Last Buyer's Agent

Juan Jose Velasquez

Douglas Elliman License #3262879

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,091

Year Built

  • Built in 1971 | Remodeled

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 1,782 Sq Ft Home
  • Entrance Foyer
  • Dryer

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Property has ocean access
  • Courtyard
  • Outdoor Grill

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 24-52-04-010-5300

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Towers Of Key Biscayne Condos
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute

Recreation

  • Private Beach Pavilion

Pet Policy

  • Breed Restrictions

Security

  • Private Guards
  • Card or Code Access
  • Complex Is Fenced
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,091

Year Built

Built in 1971 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer
  • Interior Amenities: Elevator, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1782
  • Possible Use: Secondary
  • Stories: 12
  • Bedroom Features: Entry Level

Exterior Features

  • View: Skyline, Bay, Ocean View
  • Exterior Features: East Of Us1, Barbeque, Courtyard, Open Balcony, Tennis Court(s)
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • 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

Utilities

  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Complex Fenced, Card Entry, Private Guards

Condo/Co-op/Association

  • Amenities: Barbecue, Exercise Room, Private Beach Pavilion, Private Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-04-010-5300
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Apr 27, 2017
Sold by
Hicks Peter C
Bought by
F1106 Llc
Seller's Agent
William Earle
Three Bridges Realty, LLC
Buyer's Agent
Juan Jose Velasquez
Douglas Elliman
List Price
$1,175,000
Sold Price
$1,050,000
Premium/Discount to List
-$125,000
-10.64%
Current Estimated Value
$1,591,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,381
Avg. Annual Appreciation
5.21%

Purchase Details

Closed on
Apr 6, 2011
Sold by
Stenstrom Cristian Gunnar and Stenstrom Heather
Bought by
Peter Clayton Hicks Declaration Of Trust
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
F1106 Llc $1,050,000 Attorney
Peter Clayton Hicks Declaration Of Trust $690,000 Southern Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stenstrom Cristian Gunnar $443,000
Previous Owner Stenstrom Christian $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $1,050,000 -4.5% $589 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
08/17/2016 08/17/16 Price Changed $1,100,000 -6.4% $617 / Sq Ft
03/02/2016 03/02/16 For Sale $1,175,000 -- $659 / 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 $16,526 $1,015,938 -- --
2024 $16,016 $923,580 -- --
2023 $16,016 $839,619 $0 $0
2022 $12,881 $763,290 $0 $0
2021 $11,621 $693,900 $0 $0
2020 $12,453 $754,262 $0 $0
2019 $12,728 $769,000 $0 $0
2018 $12,964 $809,500 $0 $0
2017 $7,962 $532,079 $0 $0
2016 $7,974 $521,136 $0 $0
2015 $8,091 $517,514 $0 $0
2014 $8,213 $513,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10043356

MIAMI REALTORS® MLS

APN: 24-5204-010-5300