$1,200,000
SOLD AUG 11, 2025
2 Beds
2 Baths
1,547 Sq Ft
$1,866/mo HOA Fee

Recently Sold

$776 Per Sq Ft

6% Below List Price

17 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Main Floor Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Intercom to Front Desk
  • Garden View

About This Home

As of August 2025

Beautiful Apartment in Exclusive Emerald Bay, Key Colony. Two Bedroom plus one Den converted into 3rd Bedroom, 2 bathroom. Unit is remodeled with tile throughout the apartment, beautiful kitchen and new Air Condition. Key Colony has direct access to the beach and resort style amenities, including lap pool, jacuzzi, Club House, 12 Tennis courts, fitness center, children playground, 24 hour front desk concierge, convenient deli store, hair salon and much more!!! 2 PARKING SPACES A MUST SEE!!!! TEXT LISTING AGENT

Last Agent to Sell the Property

Susana Payet

Great Properties International LLC License #3271371 Listed on: 05/12/2025

Great Properties International LLC

Last Buyer's Agent

Susana Payet

Great Properties International LLC License #3271371 Listed on: 05/12/2025

Great Properties International LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,672

Year Built

  • Built in 1980

HOA Fees

  • $1,866 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,547 Sq Ft Home
  • Family or Dining Combination
  • Den
  • Ceramic Tile Flooring
  • Garden Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Property has ocean access
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-2690

Community Details

Overview

  • Mid-Rise Condominium
  • Emerald Bay @ Key Colony Condos
  • The Emeraldbay @ Key Colo Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers
  • 12-Story Property

Amenities

  • Intercom to Front Desk
  • Secure Lobby
  • Elevator

Recreation

  • Community Playground
  • Community Spa
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,672

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,866 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Other
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE EMERALDBAY @ KEY COLO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range
  • Interior Amenities: Lobby, First Floor Entry, Closet Cabinetry, Split Bedroom, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1547
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Stories: 12
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Den/Library/Office

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Emerald Bay @ Key Colony
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered, Guest, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Guard At Site, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 5598
  • Amenities: Child Play Area, Elevator(s), Exercise Room, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-42-32-019-2690

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12672

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2009
Sold by
Rodriguez Ricardo Vegas and Ortega Alicia
Bought by
Cornejo Luis Miguel and Rojas Jimena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$176,554
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,035,265
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 Type Sale Price Title Company
Warranty Deed $420,000 Key Intl Title & Escrow Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $207,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Sold $1,200,000 -5.9% $776 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/12/2025 05/12/25 For Sale $1,275,000 -- $824 / 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 $12,671 $820,773 -- --
2024 $12,400 $746,158 -- --
2023 $12,400 $678,326 $0 $0
2022 $10,516 $616,660 $0 $0
2021 $9,428 $560,600 $0 $0
2020 $9,255 $560,550 $0 $0
2019 $10,135 $616,000 $0 $0
2018 $8,874 $554,112 $0 $0
2017 $8,566 $530,251 $0 $0
2016 $9,028 $521,857 $0 $0
2015 $8,794 $474,416 $0 $0
2014 $8,396 $431,288 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11801228

MIAMI REALTORS® MLS

APN: 24-4232-019-2690