$975,000
SOLD APR 16, 2025
2 Beds
2 Baths
1,532 Sq Ft
$1,862/mo HOA Fee

Recently Sold

$636 Per Sq Ft

7% Below List Price

190 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Waterfront
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Two Primary Bathrooms

About This Home

As of April 2025

Lanai Apartment in Key Colony, Emerald Bay. North facing extra large patio. Enjoy beach resort living and all amenities Key Colony has to offer. Easy to show

Last Agent to Sell the Property

German Kaupert

Compass Florida, LLC License #3097976 Listed on: 10/01/2024

Compass Florida, LLC

Last Buyer's Agent

Paloma Ruiz

AF Realty License #3272160

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,956

Year Built

  • Built in 1980

HOA Fees

  • $1,862 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • 1,532 Sq Ft Home
  • Garden Apartment
  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Kitchen

  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Property has ocean access
  • Deck
  • Patio

Utilities

  • Central Air
  • No Heating

Additional Features

  • Dryer
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-2510

Community Details

Overview

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

Amenities

  • Doorman
  • Sauna
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,956

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,862 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment, High Rise
  • Directions: On Crandon turn into Key Colony and building is first one on the right
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE EMERALDBAY @ KEY COLO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer
  • Interior Amenities: Lobby, First Floor Entry
  • Accessibility Features: Accessible
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1532
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Tub
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • View: None
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Access
  • 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: None
  • Heating Yn: No
  • Security: Doorman, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 5587
  • Amenities: Bike/Jog Path, Community Room, Elevator(s), Exercise Room, Other, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-019-2510
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14956

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Mar 17, 2025
Sold by
Virgilio Vanessa and Virgilio Michael A
Bought by
Muente Gonzalo and Oyenard Delfina
Seller's Agent
German Kaupert
Compass Florida, LLC
Buyer's Agent
Paloma Ruiz
AF Realty
List Price
$1,050,000
Sold Price
$975,000
Premium/Discount to List
-$75,000
-7.14%
Views
16
Current Estimated Value
$1,021,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,983
Avg. Annual Appreciation
15.92%
Original Mortgage
$682,500
Interest Rate
6.65%
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 $975,000 Assure America Title
Warranty Deed $975,000 Assure America Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $682,500 New Conventional
Previous Owner $95,000 Credit Line Revolving
Previous Owner $132,000 New Conventional
Previous Owner $132,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $975,000 -7.1% $636 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $1,050,000 0.0% $685 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
12/02/2024 12/02/24 Price Changed $1,050,000 -6.7% $685 / Sq Ft
10/01/2024 10/01/24 For Sale $1,125,000 -- $734 / 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 $14,357 $883,520 -- --
2024 $14,956 $910,845 -- --
2023 $14,956 $934,200 $0 $0
2022 $4,895 $334,911 $0 $0
2021 $4,906 $325,157 $0 $0
2020 $4,647 $320,668 $0 $0
2019 $4,539 $313,459 $0 $0
2018 $4,294 $307,615 $0 $0
2017 $4,234 $301,288 $0 $0
2016 $4,236 $295,092 $0 $0
2015 $4,298 $293,041 $0 $0
2014 $4,362 $290,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11667150

MIAMI REALTORS® MLS

APN: 24-4232-019-2510