NOT LISTED FOR SALE

Estimated Value: $966,000 - $1,166,000

2 Beds
2 Baths
1,547 Sq Ft
$1,866/mo HOA Fee

Last Sold March 13, 2024

Last sale price $865,000 $559 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,879/month

111 Days on Market

Highlights

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

About This Home

As of March 2024

Live in the heart of Key Biscayne just steps from shopping and the beach.
Emerald Bay at Key Colony is walkable to everything yet offers the best in privacy and security with a secured guard gate and concierge in each building. This oversized two bed split plan, two bathroom unit boasts 1547 square feet of living space at the best price per square foot in all of Key Colony. White kitchen with stainless steel appliances, spacious living room and dining room, balcony with access from the primary bedroom. Key Colony offers the best resort style amenities on the Key including direct beach access, waterfront pool, concierge, lap pool, 12 tennis courts, children's playground, state of the art fitness center, dog run, party/community room and more. Paradise awaits!

Last Agent to Sell the Property

Joy Vicente

Compass Florida, LLC License #3352684 Listed on: 11/08/2023

Compass Florida, LLC

Co-Listed By

Levi Meyer

Compass Florida, LLC License #3258453

Last Buyer's Agent

Joy Vicente

Compass Florida, LLC License #3352684 Listed on: 11/08/2023

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,959

Year Built

  • Built in 1980

HOA Fees

  • $1,866 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Interior Spaces

  • 1,547 Sq Ft Home
  • Partially Furnished
  • Family or Dining Combination
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Waterfront
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-0830

Community Details

Overview

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

Amenities

  • Doorman
  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Dogs Allowed

Security

  • Security Guard
  • Complex Is Fenced
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,959

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,866 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Co List Office Mls Id: COMP03
  • Co List Office Phone: 305-851-2820
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE EMERALDBAY @ KEY COLO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Pantry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Partially, Partially Furnished
  • Living Area: 1547
  • Possible Use: Primary
  • Stories: 12
  • Window Features: Complete Accordian Shutters
  • Bedroom Features: Primary Bath Tub
  • Dining Room Features: Breakfast Area, Family/Dining Combination, Snack Bar/Counter

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • 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: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Doorman, Secured Garage/Parking, Guard At Site, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1866
  • Amenities: Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Child Play Area, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-42-32-019-0830
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Mar 7, 2024
Sold by
Beverly Sacks Revocable Trust
Bought by
Miranda Deandrade Humberto and Licio Andrade Izabella
Seller's Agent
Joy Vicente
Compass Florida, LLC
Buyer's Agent
Joy Vicente
Compass Florida, LLC
List Price
$939,000
Sold Price
$865,000
Premium/Discount to List
-$74,000
-7.88%
Views
61
Current Estimated Value
$1,053,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,839
Avg. Annual Appreciation
16.97%
Original Mortgage
$692,000
Outstanding Balance
$683,896
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$371,686

Purchase Details

Closed on
Jul 7, 2001
Sold by
Lionel Sacks M and Lionel Beverly Sacks
Bought by
Sacks Beverly Trust
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
Miranda Deandrade Humberto $865,000 None Listed On Document
Sacks Beverly Trust $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Deandrade Humberto $692,000
Previous Owner Sacks Beverly Trust $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $865,000 -3.8% $559 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
01/04/2024 01/04/24 Price Changed $899,000 -4.3% $581 / Sq Ft
11/08/2023 11/08/23 For Sale $939,000 -- $607 / 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
2024 $5,044 $889,200 -- --
2023 $5,044 $349,128 $0 $0
2022 $4,959 $338,960 $0 $0
2021 $4,971 $329,088 $0 $0
2020 $4,711 $324,545 $0 $0
2019 $4,602 $317,249 $0 $0
2018 $4,354 $311,334 $0 $0
2017 $4,293 $304,931 $0 $0
2016 $4,295 $298,660 $0 $0
2015 $4,358 $296,584 $0 $0
2014 $4,423 $294,231 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11483139

MIAMI REALTORS® MLS

APN: 24-4232-019-0830