$950,000
SOLD AUG 1, 2025
2 Beds
2 Baths
1,470 Sq Ft
$1,930/mo HOA Fee

Recently Sold

$646 Per Sq Ft

14% Below List Price

111 Days on Market

Highlights

  • Fitness Center
  • Garden View
  • Tennis Courts
  • Key Biscayne K-8 Center Rated A-
  • Heated Community Pool
  • Community Center

About This Home

As of August 2025

This inviting two bedroom home has been recently remodeled and offers new tile floors, an open concept kitchen with sleek countertops and new cabinetry, along with ample counter and storage space. Updated overhead lighting throughout, new interior doors, and ample storage space make this a wonderful unit to call home. One assigned parking spot (C49).

Key Colony offers luxurious amenities, including an ocean-front pool, a lap pool, gym, and tennis courts. Host gatherings in the barbecue area, let children enjoy the playground and enjoy beach access all year round.

Embrace the vibrant lifestyle of Key Biscayne with this exceptional home, where modern living meets unparalleled amenities. Don't miss the opportunity to make this your new sanctuary!

Last Agent to Sell the Property

Mary Duro

Compass Florida, LLC License #3446190 Listed on: 01/21/2025

Compass Florida, LLC

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,432

Year Built

  • Built in 1981

Lot Details

  • North Facing Home

HOA Fees

  • $1,930 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Garden Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 1,470 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Schools

  • Keybiscayne Elementary School
  • Carver; G.W. Middle School
  • Coral Gables High School

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-024-1050

Community Details

Overview

  • 1,179 Units
  • Low-Rise Condominium
  • Key Colony Condos
  • Key Colony No 4 Condo Subdivision
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Community Center
  • Party Room
  • Lobby
  • Secure Lobby

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,432

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,930 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Ownership: Sole Proprietor
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 2
  • 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
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer
  • Interior Amenities: Lobby, First Floor Entry, Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Living Area: 1470
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • View: Garden View
  • Construction Type: Concrete Block Construction
  • Direction Faces: North
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Key Colony
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Limited # Of Vehicle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Complex Fenced, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1930
  • Amenities: Barbecue, Child Play Area, Community Room, Exercise Room, Heated Pool, Pool, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel Number: 24-42-32-024-1050

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 1179
  • Number Of Units Total: 293

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Aug 1, 2025
Sold by
Duro Mary Katherine
Bought by
Planas Carlos Hernan and Gaye Marcela Alejandra
Seller's Agent
Mary Duro
Compass Florida, LLC
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.43%

Purchase Details

Closed on
Nov 8, 2023
Sold by
Grebler Lois A Duro
Bought by
Duro Mary Katherine

Purchase Details

Closed on
Jan 15, 2019
Sold by
Pagura Alejandro and Garcia Gabriela
Bought by
Grebler Lois A Duro

Purchase Details

Closed on
Apr 3, 2003
Sold by
Ruiz Velez Ricardo and Zubiria Iciar
Bought by
Pagura Alejandro and Garcia Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 16, 2000
Sold by
Alvaro and Ugalde Karin
Bought by
Ruiz-Velez Ricardo and Zubiria Iciar

Purchase Details

Closed on
Aug 29, 1996
Sold by
Botanica Development Assoc Inc
Bought by
Uglade Alvaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
8.2%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $950,000 None Listed On Document
Personal Reps Deed -- None Listed On Document
Warranty Deed $570,000 Attorney
Warranty Deed $295,000 Union Title Services Inc
Warranty Deed $215,000 --
Warranty Deed $210,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Previous Owner $300,000 Credit Line Revolving
Previous Owner $145,400 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $72,000 Credit Line Revolving
Previous Owner $236,000 Unknown
Previous Owner $163,000 New Conventional
Previous Owner $147,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Sold $950,000 -5.0% $646 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $999,995 -9.1% $680 / Sq Ft
01/21/2025 01/21/25 For Sale $1,100,000 -- $748 / 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 $13,432 $826,355 -- --
2024 $13,432 $851,912 -- --
2023 $10,583 $550,550 $0 $0
2022 $9,293 $500,500 $0 $0
2021 $7,690 $455,000 $0 $0
2020 $7,512 $455,000 $0 $0
2019 $7,365 $445,000 $0 $0
2018 $7,836 $489,291 $0 $0
2017 $7,801 $476,168 $0 $0
2016 $7,589 $432,880 $0 $0
2015 $7,398 $393,528 $0 $0
2014 $6,965 $357,753 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11728595

MIAMI REALTORS® MLS

APN: 24-4232-024-1050