NOT LISTED FOR SALE

Estimated Value: $1,262,411 - $1,382,000

2 Beds
2 Baths
1,778 Sq Ft
$1,500/mo HOA Fee

Last Sold October 02, 2023

Last sale price $1,080,000 $607 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,170/month

333 Days on Market

Highlights

  • Doorman
  • Maid or Guest Quarters
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of October 2023

Panoramic Ocean views, split bedroom floor plan.. 2 Bedrooms + 2 Enclosed den/office which can be used as a 3rd bedroom , 2 Bathrooms. Open balcony 1 Assigned Parking Space plus plenty of guest parking. Emerald Bay at Key Colony offers Direct Beach Access, a private pool and gym, Oceanfront pool Golden Hog Market place, Ceci’s Spa, 12 Tennis Courts, Lap Pool, Children’s Playground and more. Tenant Occupied until January 30th, 24 horas notice.

Last Agent to Sell the Property

Paula Sanchez

Unique International Properties License #3282141 Listed on: 10/07/2022

Last Buyer's Agent

Rita Benavides

Fortune Christie's International Real Estate License #3190784

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,727

Year Built

  • Built in 1980

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,778 Sq Ft Home
  • Ceramic Tile Flooring
  • Garden Views
  • Video Cameras

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Additional Features

  • Accessible Elevator Installed
  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-1010

Community Details

Overview

  • Mid-Rise Condominium
  • Key Colony Condos
  • The Emeraldbay @ Key Colo Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Business Center
  • Interior Hall
  • Bike Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Security Service
  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,727

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,500 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE EMERALDBAY @ KEY COLO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Wall Oven, Washer
  • Interior Amenities: Interior Hall, Lobby, Elevator, Walk-In Closet(s), Maid/In-Law Quarters
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Other
  • Furnished: Unfurnished
  • Living Area: 1778
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Stories: 12
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bedroom Ground Level, Primary Bath Tub
  • Dining Room Features: Breakfast Area
  • Living Room Features: Maid/In-Law Quarters

Exterior Features

  • View: Garden View
  • Exterior Features: Barbeque, Tennis Court(s)
  • Construction Type: CBS Construction
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Key Colony
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Card Entry, Fire Alarm, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 4500
  • Amenities: Bike Storage, Billiard Room, Business Center, Elevator(s), Exterior Lighting, Private Pool, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-019-1010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 4500

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Sep 28, 2023
Sold by
Cadaques Llc
Bought by
Njd Emerald Llc
Seller's Agent
Paula Sanchez
Unique International Properties
Buyer's Agent
Rita Benavides
Fortune Christie's International Real Estate
List Price
$1,325,000
Sold Price
$1,080,000
Premium/Discount to List
-$245,000
-18.49%
Views
100
Current Estimated Value
$1,321,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,103
Avg. Annual Appreciation
12.88%

Purchase Details

Listed on
Mar 16, 2013
Closed on
Jul 24, 2013
Sold by
Manarte Investments Llc
Bought by
Cadaques Llc
Seller's Agent
Martina San Miguel
Universal Fidelity Group
Buyer's Agent
Maria De La Tejera
BHHS EWM Realty
Sold Price
$4,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.81%
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 25, 2008
Sold by
The Emeraldbay At Key Colony Condominium
Bought by
Manarte Investments Llc

Purchase Details

Closed on
Nov 17, 2008
Sold by
Sloan Christopher
Bought by
The Emerald Bay At Key Colony Condominiu

Purchase Details

Closed on
Sep 10, 2008
Sold by
Sloan Christopher
Bought by
The Emerald Bay At Key Colony Condominiu

Purchase Details

Closed on
Jul 25, 2006
Sold by
Key Colony 1023 Inc
Bought by
Sloan Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
8.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 8, 2004
Sold by
Najole Inc
Bought by
Key Colony 1023 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,750
Interest Rate
5.68%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Njd Emerald Llc $1,080,000 None Listed On Document
Cadaques Llc $900,000 Attorney
Manarte Investments Llc -- Attorney
The Emerald Bay At Key Colony Condominiu $540,000 Dba Loyal Title
The Emerald Bay At Key Colony Condominiu -- None Available
Sloan Christopher $900,000 Pinnacle Property Title Co
Key Colony 1023 Inc $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cadaques Llc $500,000
Previous Owner Sloan Christopher $630,000
Previous Owner Key Colony 1023 Inc $81,750
Previous Owner Key Colony 1023 Inc $81,750
Previous Owner Key Colony 1023 Inc $381,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $1,080,000 -13.6% $607 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $1,250,000 -5.7% $703 / Sq Ft
02/09/2023 02/09/23 For Sale $1,325,000 0.0% $745 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
01/24/2023 01/24/23 Price Changed $1,325,000 -3.6% $745 / Sq Ft
12/01/2022 12/01/22 Price Changed $1,375,000 -1.1% $773 / Sq Ft
10/07/2022 10/07/22 For Sale $1,390,000 0.0% $782 / Sq Ft
09/01/2014 09/01/14 Rented $4,500 -10.0% --
08/02/2014 08/02/14 Under Contract -- -- --
06/17/2014 06/17/14 For Rent $5,000 +11.1% --
09/01/2013 09/01/13 Rented $4,500 -99.5% --
08/02/2013 08/02/13 Under Contract -- -- --
08/01/2013 08/01/13 Sold $900,000 -4.3% $506 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $940,000 0.0% $529 / Sq Ft
03/15/2013 03/15/13 For Rent $4,500 -- --
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 $15,474 $1,099,800 -- --
2023 $15,474 $847,363 $0 $0
2022 $13,086 $770,330 $0 $0
2021 $11,727 $700,300 $0 $0
2020 $11,563 $700,325 $0 $0
2019 $11,553 $698,000 $0 $0
2018 $16,225 $1,073,112 $0 $0
2017 $15,024 $881,438 $0 $0
2016 $13,250 $801,308 $0 $0
2015 $12,897 $763,150 $0 $0
2014 $12,569 $726,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11285461

MIAMI REALTORS® MLS

APN: 24-4232-019-1010