$1,050,000
SOLD JUN 26, 2024
3 Beds
2 Baths
1,600 Sq Ft
$1,920/mo HOA Fee

Recently Sold

$656 Per Sq Ft

7% Below List Price

24 Days on Market

Highlights

  • Fitness Center
  • Private Guards
  • Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Clubhouse
  • Bike Room

About This Home

As of June 2024

GREAT NORTH FACING UNIT ON THE THIRD FLOOR OF BOTANICA BROMELIA. VERY SPACIOUS, BRIGHT AND FRESHLY PAINTED THROUGHOUT. MODERN ITALIAN CABINETRY IN OPEN STYLE KITCHEN WITH TOP OF THE LINE APPLIANCES. LARGE AND LUMINOUS BALCONY. UPDATED LIGHT FIXTURES EVERYWHERE. ACCESS TO GREAT BEACHES AND GREAT AMENITIES. FURNITURE CAN BE NEGOTIATED IF DESIRED.

Last Agent to Sell the Property

Fernando Gimenez

Gimeza A Real Estate Corp. License #3232283 Listed on: 04/17/2024

Last Buyer's Agent

Jonathan Culley

Danva Urban Real Estate LLC License #3258300

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,179

Year Built

  • Built in 1981

HOA Fees

  • $1,920 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 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
  • Combination Dining and Living Room
  • Tile Flooring
  • Video Cameras
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • North Facing Home
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-024-1680

Community Details

Overview

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

Amenities

  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room
  • Bike Room

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Private Guards
  • Security Guard
  • Phone Entry
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,179

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,920 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: KEY COLONY NO 4 CONDO,KEY COLONY BOTANICA
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator, Entrance Foyer, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 1600
  • Possible Use: Primary
  • Stories: 4
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: KEY COLONY BOTANICA
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Phone Entry, Secured Garage/Parking, Guard At Site, Private Guards, TV Camera

Condo/Co-op/Association

  • Association Fee: 1920
  • Amenities: Bike Storage, Bike/Jog Path, Clubhouse-Clubroom, Community Room, Exercise Room, Exterior Lighting, Pool, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-024-1680
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 27, 2024
Sold by
Uribelarrea Francisco and Lalor Paula Teresa
Bought by
Bottini Santiago and Bellagio Bianca
Seller's Agent
Fernando Gimenez
Gimeza A Real Estate Corp.
Buyer's Agent
Jonathan Culley
Danva Urban Real Estate LLC
List Price
$1,135,000
Sold Price
$1,050,000
Premium/Discount to List
-$85,000
-7.49%
Total Days on Market
24
Views
25
Current Estimated Value
$1,086,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,583
Avg. Annual Appreciation
3.75%
Original Mortgage
$766,500
Outstanding Balance
$760,734
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$325,849

Purchase Details

Closed on
Dec 3, 2021
Sold by
Hidalgo Maria B and Hidalgo Javier Ricardo
Bought by
Uribelarrea Francisco and Lalor Paula Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2008
Sold by
Hidalgo Maria B and Andrade Ricardo Javier
Bought by
Hidalgo Maria B and Andrade Ricardo Javier

Purchase Details

Closed on
Dec 29, 2000
Sold by
Obera Inc
Bought by
Hidalgo Maria B

Purchase Details

Closed on
Dec 28, 1999
Sold by
Botanica Development Assoc Inc
Bought by
Obera Inc
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 $1,050,000 None Listed On Document
Warranty Deed $890,000 Inaki Saizarbitoria Esq Pa
Interfamily Deed Transfer -- None Available
Warranty Deed $275,000 --
Warranty Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $766,500 New Conventional
Previous Owner $623,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $280,000 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $117,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $1,050,000 -7.5% $656 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $1,135,000 -- $709 / 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
2024 $11,179 $757,482 -- --
2023 $11,179 $735,420 $0 $0
2022 $10,919 $714,000 $0 $0
2021 $4,892 $324,294 $0 $0
2020 $4,633 $319,817 $0 $0
2019 $4,526 $312,627 $0 $0
2018 $4,281 $306,798 $0 $0
2017 $4,221 $300,488 $0 $0
2016 $4,223 $294,308 $0 $0
2015 $4,285 $292,263 $0 $0
2014 $4,349 $289,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11571597

MIAMI REALTORS® MLS

APN: 24-4232-024-1680