NOT LISTED FOR SALE

Estimated Value: $1,038,523 - $1,528,000

2 Beds
2 Baths
1,600 Sq Ft
$1,122/mo HOA Fee

Last Sold December 21, 2020

Last sale price $635,000 $397 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $8,884/month

130 Days on Market

Highlights

  • Property has ocean access
  • Private Beach Pavilion
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Garden View

About This Home

As of December 2020

Gorgeous and spacious 2 bed 2 bath + private den/3rd bed/home-office. Bright and luminous. Lush green view. Modern open kitchen. Marble floors in Living Area. Huge terrace. Enjoy Key Colony Lifestyle with direct Beach Access, Olympic Pools, Tennis Courts, Oceanside Restaurant, Gourmet Convenience Store, Gym, Hair Salon, 24 hour Guarded Gate, Awesome Amenities, privacy, green areas, jog path, kids playgrounds, pet park, and much, much more, this property feels like a private full service club. Owner has paid all special assessments. Covered assigned parking space is located next to lobby. So much to have fun in Key Colony, you never have to leave this new place to be called your home.

Last Listed By

Michelle Barnett

LoKation License #3004000 Listed on: 08/12/2020

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,862

Year Built

  • Built in 1981

HOA Fees

  • $1,122 Monthly HOA Fees

Parking

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

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-024-1780

Community Details

Overview

  • Low-Rise Condominium
  • Botanica Bromelia Condos
  • Key Colony No 4 Condo,Key Colony Subdivision
  • Car Wash Area

Amenities

  • Bike Room

Recreation

  • Private Beach Pavilion
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Secure Elevator
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,862

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,122 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Carport Y N: Yes
  • Co List Office Mls Id: KBIS01
  • Co List Office Phone: 305-710-0911
  • Directions: Google Maps
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Beach,Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: KEY COLONY NO 4 CONDO,Key Colony
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Den/Library/Office, Family Room
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Carpet, Ceramic Floor, Marble
  • Furnished: Unfurnished
  • Living Area: 1600
  • Possible Use: Primary
  • Stories: 4
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office, Family Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Botanica - Bromelia
  • Carport Spaces: 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Parking Features: Attached Carport, 1 Space, Assigned, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1122
  • Amenities: Bike/Jog Path, Bike Storage, Elevator(s), Exercise Room, Other, Child Play Area, Pool, Private Beach Pavilion, Private Pool, Tennis Court(s), Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-024-1780
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1122

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7862

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Dec 11, 2020
Sold by
Hammersmith Investments Usa Corp
Bought by
Escobar Edgar and Uribe Maria Jose
Seller's Agent
Michelle Barnett
LoKation
Buyer's Agent
Maria Amancia Vial-Ducaud
BHHS EWM Realty
List Price
$699,000
Sold Price
$635,000
Premium/Discount to List
-$64,000
-9.16%
Total Days on Market
130
Current Estimated Value
$1,216,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,631
Avg. Annual Appreciation
13.20%
Original Mortgage
$480,000
Outstanding Balance
$434,179
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$666,769

Purchase Details

Closed on
Sep 23, 2011
Sold by
Arroka International Llc
Bought by
Hammersmith Investments Usa Corp

Purchase Details

Closed on
Sep 20, 2010
Sold by
Sanfed Llc
Bought by
Arroka International Llc

Purchase Details

Closed on
Jul 22, 2005
Sold by
Kiwiking Inc
Bought by
Sanfed Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 3, 2001
Sold by
Baradero Holdings Ltd C
Bought by
Kiwiking Inc

Purchase Details

Closed on
Dec 14, 1998
Sold by
Gonzalez Alberto L
Bought by
Baradero Holdings Ltd

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
Escobar Edgar $635,000 Attorney
Hammersmith Investments Usa Corp $480,000 Key Intl Title & Escrow Corp
Arroka International Llc $425,000 None Available
Sanfed Llc $625,000 --
Kiwiking Inc $260,000 --
Baradero Holdings Ltd $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Edgar $480,000
Previous Owner Sanfed Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $635,000 -8.5% $397 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $694,000 -0.7% $434 / Sq Ft
08/12/2020 08/12/20 For Sale $699,000 0.0% $437 / Sq Ft
11/30/2016 11/30/16 Rented $3,700 -2.6% --
08/18/2016 08/18/16 Under Contract -- -- --
07/25/2016 07/25/16 Price Changed $3,800 -3.2% $2 / Sq Ft
07/07/2016 07/07/16 For Rent $3,927 +15.5% --
07/01/2014 07/01/14 Rented $3,400 -5.6% --
06/01/2014 06/01/14 Under Contract -- -- --
05/07/2014 05/07/14 For Rent $3,600 +9.1% --
08/02/2012 08/02/12 Rented $3,300 0.0% --
07/03/2012 07/03/12 Under Contract -- -- --
06/05/2012 06/05/12 For Rent $3,300 +3.1% --
01/11/2012 01/11/12 Rented $3,200 -36.0% --
12/12/2011 12/12/11 Under Contract -- -- --
10/18/2011 10/18/11 For Rent $5,000 -- --
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
2024 $11,422 $903,924 -- --
2023 $11,422 $605,000 $0 $0
2022 $10,024 $550,000 $0 $0
2021 $8,431 $500,000 $0 $0
2020 $8,255 $500,000 $0 $0
2019 $7,862 $475,000 $0 $0
2018 $7,873 $491,614 $0 $0
2017 $8,198 $503,971 $0 $0
2016 $8,168 $458,156 $0 $0
2015 $7,972 $416,506 $0 $0
2014 $7,509 $378,642 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10908894

MIAMI REALTORS® MLS

APN: 24-4232-024-1780