$2,547,333
SOLD MAR 30, 2022
3 Beds
3 Baths
2,402 Sq Ft
1971 Built

Recently Sold

$1,061 Per Sq Ft

5% Below List Price

26 Days on Market

Highlights

  • Direct Ocean View
  • Property has ocean access
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Bar or Lounge
  • Sauna

About This Home

As of March 2022

Spectacular, Panoramic Ocean and State Park views from this beautifully renovated and highly sought after Sorrento model.Offering 3 bedrooms, 3 bathrooms plus a nanny's room or office. This spacious 2,402 sqft corner unit has the desirable Southeast exposure bringing an abundance of natural light and ocean breezes throughout. Open kitchen, new impact floor to ceiling windows, porcelain flooring, recessed lighting and custom woodwork along with a dynamite location makes this one of The Towers premier units. Resort like amenities include 2 pools, 2 lit tennis courts, gourmet restaurant & lounge, pristine beach, beachfront BBQ and gazebo, aquatic storage area, new A+ fitness center, children's playroom and 24 hr security. This Key Biscayne home offers the best of tropical beachfront living!

Last Agent to Sell the Property

Maureen Jauregui

Coldwell Banker Realty License #0549977 Listed on: 02/11/2022

Coldwell Banker Realty

Co-Listed By

Emma Jauregui

Coldwell Banker Realty License #3257300

Last Buyer's Agent

Paula Mena

Grand Lion Real Estate Group LLC License #3416387

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,313

Year Built

  • Built in 1971

Parking

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

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,402 Sq Ft Home
  • Combination Dining and Living Room
  • Storage Room
  • Dryer
  • Tile Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Beach Access

Schools

  • Keybiscayne Elementary School

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-010-4980

Community Details

Overview

  • Property has a Home Owners Association
  • 532 Units
  • The Towers Condos
  • Towers Of Key Biscayne Co Subdivision, Sorrento Floorplan
  • 14-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Billiard Room
  • Community Center
  • Party Room
  • Bar or Lounge
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $6,600

Security

  • Security Guard
  • Secure Elevator
  • Walled
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,313

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Co List Office Mls Id: CBRE07
  • Co List Office Phone: 305-361-5722
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access, Beach Access
  • Master Model: SORRENTO
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TOWERS OF KEY BISCAYNE CO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer
  • Interior Amenities: First Floor Entry, Storage
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2402
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Stories: 14
  • Window Features: Complete Impact Glass
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Storage Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Direct Ocean
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • 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: THE TOWERS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Limited # Of Vehicle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Secured Garage/Parking, Guard At Site, Walled

Condo/Co-op/Association

  • Amenities: Bar, Bike Storage, Billiard Room, Barbecue, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Child Play Area, Pool, Sauna, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-04-010-4980
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 6600
  • Number Of Units In Community: 532
  • Number Of Units Total: 268

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 17313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2015
Closed on
Oct 13, 2015
Sold by
Latkey702 Ltd
Bought by
Salas Jorge and Vetencourt Veronica
Seller's Agent
Rainier Sebastian Leon
Real Estate Sales Force
Buyer's Agent
Maureen Jauregui
Coldwell Banker Realty
List Price
$1,899,999
Sold Price
$1,901,000
Premium/Discount to List
$1,001
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$1,085,000
Outstanding Balance
$816,800
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,419,751

Purchase Details

Closed on
Jan 24, 2003
Sold by
Perez Marcos A and Perez Rose V
Bought by
Latkey702 Ltd

Purchase Details

Closed on
Apr 17, 2002
Sold by
Lorenzo Jose C and Lorenzo Esther C
Bought by
Perez Marcos A and Perez Rose

Purchase Details

Closed on
Oct 2, 2001
Sold by
Reischer Alfred B and Reischer Phyllis B
Bought by
Perez Marcos A and Perez Rose
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,900,000 Attorney
Warranty Deed $730,000 --
Warranty Deed $1,300,000 --
Warranty Deed $680,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,085,000 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Rent $15,000 0.0% --
07/28/2025 07/28/25 For Sale $3,150,000 +23.7% $1,311 / Sq Ft
03/30/2022 03/30/22 Sold $2,547,333 -5.5% $1,061 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $2,695,000 +41.8% $1,122 / Sq Ft
10/14/2015 10/14/15 Sold $1,901,000 +0.1% $791 / Sq Ft
08/23/2015 08/23/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $1,899,999 -- $791 / 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 $32,913 $2,099,500 -- --
2024 $33,439 $2,099,500 -- --
2023 $33,439 $2,099,500 $0 $0
2022 $20,215 $1,191,960 $0 $0
2021 $18,034 $1,083,600 $0 $0
2020 $19,446 $1,177,803 $0 $0
2019 $19,034 $1,150,000 $0 $0
2018 $20,018 $1,249,900 $0 $0
2017 $22,269 $1,378,500 $0 $0
2016 $24,776 $1,498,370 $0 $0
2015 $22,382 $1,181,814 $0 $0
2014 $18,863 $1,074,377 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11159694

MIAMI REALTORS® MLS

APN: 24-5204-010-4980