NOT LISTED FOR SALE

Estimated Value: $806,000 - $1,117,000

1 Bed
1.5 Baths
1,103 Sq Ft
$1,070/mo HOA Fee

Last Sold October 07, 2022

Last sale price $800,000 $725 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,648/month

39 Days on Market

Highlights

  • Property has ocean access
  • Bar or Lounge
  • Waterfront
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Main Floor Bedroom

About This Home

As of October 2022

Tastefully remodeled spacious 1 bed /1.5 bath unique unit in Key Colony's Emerald Bay. Sought after sunny south side LANAI UNIT. Walk out of your 600 square feet of sunny terrace directly to the pool & beach. It feels like a house w/ all the condo amenities to enjoy. This unit offers an open kitchen, with stainless steel applicants, light wood cabinets & black granite corner top. Spacious (1103 sq feet) and very bright. Basic TV cable is included in the lease. Enjoy Beach pool restaurant operated by Golden Hog, supermarket in premises as well and Ceci’s beauty salon. 12 tennis courts, dog park, 24 hours security and concierge. Parking right next to door. Very easy to show.

Last Agent to Sell the Property

Debora Caridad-Martinez

Fortune Christie's International Real Estate License #0635081 Listed on: 07/08/2022

Fortune Christie's International Real Estate

Last Buyer's Agent

Salesperson Non Member

Non-MLS Member License #SEF

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,114

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • South Facing Home

HOA Fees

  • $1,070 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,103 Sq Ft Home
  • Furnished
  • Drapes & Rods
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Dryer
  • Property Views

Kitchen

  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom

Home Security

Outdoor Features

  • Property has ocean access
  • Patio

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-1330

Community Details

Overview

  • 286 Units
  • Mid-Rise Condominium
  • Emerald Bay Condos
  • Key Colony Condo 03,The Emerald Bay Subdivision
  • 12-Story Property

Amenities

  • Community Kitchen
  • Bar or Lounge

Recreation

  • Community Playground
  • Tennis Courts

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,114

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,070 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Directions: South on Crandon make a left @ Key Colony. Turn right and 1st left once in the project.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Key Colony Condo 03,The Emerald Bay
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1103
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Complete Accordian Shutters, Blinds, Drapes
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter

Exterior Features

  • View: Other View
  • Exterior Features: Other, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Emerald Bay
  • 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: Smoke Detector, Security Patrol

Condo/Co-op/Association

  • Association Fee: 3209
  • Amenities: Bar, Exercise Room, Kitchen Facilities, Child Play Area
  • 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: 24-42-32-019-1330
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 286
  • Number Of Units Total: 286

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Oct 7, 2022
Sold by
Debora Caridad Living Trust
Bought by
Schouest Joseph and Schouest Jane
Seller's Agent
Debora Caridad-Martinez
Fortune Christie's International Real Estate
Buyer's Agent
Salesperson Non Member
Non-MLS Member
List Price
$795,500
Sold Price
$800,000
Premium/Discount to List
$4,500
0.57%
Views
7
Current Estimated Value
$894,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,280
Avg. Annual Appreciation
2.76%

Purchase Details

Closed on
Nov 25, 2020
Sold by
Martinez Debora Caridad and Martinez Caridad Debora
Bought by
Caridad Debora and Debora Caridad Living Trust

Purchase Details

Closed on
Mar 13, 2007
Sold by
Edery Diana and Holguin Felipe
Bought by
Martinez Debora Caridad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 2004
Sold by
Noyes William M and Noyes Gabrielle Y
Bought by
Edery Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 11, 2000
Sold by
Stephens William T
Bought by
Noyes William M and Noyes Gabrielle Y
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
Schouest Joseph $800,000 Fidelity National Title
Caridad Debora -- Attorney
Martinez Debora Caridad $460,800 Attorney
Edery Diana $320,000 --
Noyes William M $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Debora Caridad $184,300
Previous Owner Edery Diana $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $800,000 -3.0% $725 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
07/27/2022 07/27/22 Price Changed $825,000 -5.7% $748 / Sq Ft
07/13/2022 07/13/22 Price Changed $875,000 +10.0% $793 / Sq Ft
07/08/2022 07/08/22 For Sale $795,500 0.0% $721 / Sq Ft
08/18/2017 08/18/17 Rented $2,500 -5.7% --
07/06/2017 07/06/17 Price Changed $2,650 -1.9% $2 / Sq Ft
06/21/2017 06/21/17 Price Changed $2,700 -1.8% $2 / Sq Ft
05/31/2017 05/31/17 Price Changed $2,750 -1.8% $2 / Sq Ft
04/20/2017 04/20/17 For Rent $2,800 -- --
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 $7,152 $498,400 -- --
2023 $7,152 $483,884 $0 $0
2022 $7,929 $462,000 $0 $0
2021 $7,114 $420,000 $0 $0
2020 $6,793 $420,000 $0 $0
2019 $6,587 $398,000 $0 $0
2018 $6,220 $398,390 $0 $0
2017 $5,596 $346,426 $0 $0
2016 $5,728 $346,426 $0 $0
2015 $5,576 $329,930 $0 $0
2014 $5,449 $302,434 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11237922

MIAMI REALTORS® MLS

APN: 24-4232-019-1330