$1,138,104 - $1,357,000
RENTED JAN 14, 2025
3 Beds
2 Baths
1,720 Sq Ft
1981 Built

Highlights

  • Property has ocean access
  • Fitness Center
  • Home fronts a pond
  • Key Biscayne K-8 Center Rated A-
  • Building Security
  • Outdoor Pool

About This Home

As of January 2025

Fabulous unit 3 bedrooms, 2 full bathrooms, a spacious living room located in the heart of the Key Colony complex. The unit has 1,820 sqft per owner information with an additional den/office/library. It has beach access with a poolside restaurant and bar. Great location in Key Biscayne offering shops, restaurants, and grocery stores at a walking distance. The complex includes tennis courts, gym, The Golden Hog Gourmet Market in the premises and beautiful botanical gardens. The property is pet friendly and provides lengthy walking paths and a dog park.

Last Agent to Rent the Property

Nicolas Escallon

Coldwell Banker Realty License #0707894 Listed on: 01/07/2025

Coldwell Banker Realty

Last Renter's Agent

Nicolas Escallon

Coldwell Banker Realty License #0707894 Listed on: 01/07/2025

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,532

Year Built

  • Built in 1981

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,720 Sq Ft Home
  • 4-Story Property
  • Blinds
  • Family or Dining Combination
  • Den
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • No Wake Zone

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Additional Features

  • Energy-Efficient Appliances
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 3/1/25
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-42-32-024-1530

Community Details

Overview

  • No Home Owners Association
  • Key Colony Condo
  • Key Colony Condo Subdivision
  • The community has rules related to no trucks or trailers

Amenities

  • Clubhouse
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Building Security
  • Card or Code Access
  • Complex Is Fenced

Condo Details

Home Type

Condominium

Est. Annual Taxes

$13,532

Year Built

Built in 1981

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-03-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access, No Wake Zone
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 4
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: KEY COLONY CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other, Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1720
  • Stories: 4
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Den/Library/Office

Exterior Features

  • Roof: Other
  • View: Garden
  • Exterior Features: Other, Tennis Court(s)
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Pond
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KEY COLONY CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Building Security, Complex Fenced

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Exercise Room, Other
  • Association: No
  • Community Features: Tennis, Clubhouse, Pool

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-024-1530
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Water Heater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 1997
Sold by
Balsells Antonio and Vives Maria E
Bought by
Fomperosa Jesus and Arriazu Monica M
Current Estimated Value
$1,260,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
7.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1996
Sold by
Zaldo Gonzalo and Ybarra Rocio
Bought by
Balsells Antonio and Vives Maria E
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
Fomperosa Jesus $273,000 --
Balsells Antonio $252,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Maria Carolina $250,000
Closed Balsells Antonio $100,000
Closed Escallon Nicolas $246,000
Closed Escallon Nicolas $59,400
Closed Balsells Antonio $238,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Rented $7,000 -7.9% --
01/13/2025 01/13/25 Under Contract -- -- --
01/07/2025 01/07/25 For Rent $7,600 -- --
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 $13,532 $849,178 -- --
2024 $12,761 $771,980 -- --
2023 $12,761 $701,800 $0 $0
2022 $11,205 $638,000 $0 $0
2021 $9,747 $580,000 $0 $0
2020 $9,576 $580,000 $0 $0
2019 $8,739 $528,000 $0 $0
2018 $11,122 $694,427 $0 $0
2017 $10,755 $665,798 $0 $0
2016 $11,144 $621,613 $0 $0
2015 $9,941 $565,103 $0 $0
2014 $8,884 $513,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11719496

MIAMI REALTORS® MLS

APN: 24-4232-024-1530