$1,175,000
SOLD JAN 6, 2025
2 Beds
2 Baths
1,547 Sq Ft
$1,880/mo HOA Fee

Recently Sold

$760 Per Sq Ft

16% Below List Price

80 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Two Primary Bathrooms
  • Main Floor Bedroom

About This Home

As of January 2025

Located in Key Colony III, Emerald Bay, this remodeled 2-bedroom, 2-bathroom residence features marble floors and an enclosed den that can serve as an office or third bedroom.

Perched on a high floor, the apartment offers unobstructed southern Biscayne Bay views and a bright, remodeled interior. Key Colony provides amenities including 12 tennis courts, an Olympic pool, a waterfront pool, a building pool, a gym, an outdoor jacuzzi, meeting rooms, 24-hour security, 300 feet of prime beach, sunbrella and beach lounge chair service, an oceanfront snack bar, and garage parking.

Situated in Key Biscayne, this residence is undergoing a special assessment ensuring the building remains in excellent condition for years to come.

Last Agent to Sell the Property

James Salas

E Realty International, Inc. License #0519934 Listed on: 07/26/2024

Last Buyer's Agent

James Salas

E Realty International, Inc. License #0519934 Listed on: 07/26/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,294

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor

HOA Fees

  • $1,880 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Interior Spaces

  • 1,547 Sq Ft Home
  • Combination Dining and Living Room
  • Den
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Property has ocean access
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-1730

Community Details

Overview

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

Amenities

  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,294

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,880 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: THE EMERALDBAY @ KEY COLO,Key Colony
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1547
  • Possible Use: Investment
  • Stories: 12
  • Window Features: Hurricane Shutters, Other Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Other
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Den/Library/Office, Other
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • View: Bay, Ocean View, Pool Area View, Water View
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 5641
  • Amenities: Community Room, Elevator(s), Exercise Room, Other, Pool, Tennis Court(s), Vehicle Wash Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-019-1730
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14294

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Hogan John
Bought by
Property Rent Solutions Xi Llc

Purchase Details

Closed on
Jul 7, 2016
Sold by
James A Hogan A and James Jeanette B
Bought by
Le James A Hogan

Purchase Details

Closed on
Jan 8, 2003
Sold by
Burnbaum Joan and Burnbaum Michael
Bought by
Hogan James A and Hogan Jeanette B
Source: Public Records

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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 $1,175,000 None Listed On Document
Warranty Deed $1,175,000 None Listed On Document
Deed $100 --
Warranty Deed $405,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 For Rent $6,800 0.0% --
01/06/2025 01/06/25 Sold $1,175,000 -15.8% $760 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $1,395,000 -- $902 / 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 $14,538 $975,645 -- --
2024 $14,294 $861,290 -- --
2023 $14,294 $782,991 $0 $0
2022 $12,107 $711,810 $0 $0
2021 $10,851 $647,100 $0 $0
2020 $10,683 $647,065 $0 $0
2019 $10,924 $660,000 $0 $0
2018 $11,329 $707,393 $0 $0
2017 $6,980 $471,287 $0 $0
2016 $6,989 $461,594 $0 $0
2015 $7,092 $458,386 $0 $0
2014 $7,199 $454,749 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11630561

MIAMI REALTORS® MLS

APN: 24-4232-019-1730