$1,260,000
SOLD DEC 18, 2024
2 Beds
2 Baths
1,532 Sq Ft
$1,533/mo HOA Fee

Recently Sold

$822 Per Sq Ft

3% Below List Price

44 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of December 2024

Explore this 2-bedroom, 2-bath condo in Key Colony's Emerald Bay, where modern elegance blends seamlessly with breathtaking views of the bay, downtown, and ocean. The condo features marble floors in the living spaces and warm wood accents in the bedrooms, fully furnished and ready for move-in, just steps from the beach. Enjoy a full suite of resort-style amenities, including beach access, oceanfront dining, tennis courts, a playground, fitness center, and more, with 24/7 concierge and security services. HOA quarterly.

Last Agent to Sell the Property

Vanessa Frank

One Sotheby's International Realty License #3242396 Listed on: 11/04/2024

One Sotheby's International Realty

Last Buyer's Agent

Ana Maria Jauregui

Fortune Christie's International Real Estate License #0566130

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,611

Year Built

  • Built in 1980

HOA Fees

  • $1,533 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,532 Sq Ft Home
  • Marble Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-1260

Community Details

Overview

  • 285 Units
  • Mid-Rise Condominium
  • The Esmerald Bay Condos
  • The Emeraldbay @ Key Colo Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Business Center
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,611

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,533 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE EMERALDBAY @ KEY COLO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1532
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Bay, Garden View, Ocean View, Other View, None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Esmerald Bay
  • 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: Smoke Detector, Card Entry, Guard At Site, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 4599
  • Amenities: Barbecue, Bike Storage, Business Center, Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, 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: 24-42-32-019-1260
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Number Of Units In Community: 285
  • Number Of Units Total: 285

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14611

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Dec 19, 2024
Sold by
Los Castanos Inc
Bought by
Phyllis J Christensen Revocable Trust and Phyllis Christensen Revocable Trust
Seller's Agent
Vanessa Frank
One Sotheby's International Realty
Buyer's Agent
Ana Maria Jauregui
Fortune Christie's International Real Estate
List Price
$1,295,000
Sold Price
$1,260,000
Premium/Discount to List
-$35,000
-2.7%
Total Days on Market
44
Views
4
Current Estimated Value
$1,260,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212
Avg. Annual Appreciation
0.03%
Original Mortgage
$420,000
Outstanding Balance
$418,182
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$842,030

Purchase Details

Closed on
Oct 19, 2021
Sold by
Deroode Frederick J and Lepiner Rhyna
Bought by
Los Castanos Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2007
Sold by
Mejia Erasmo Santiago and De Santiago Maria Eugenia Lazo
Bought by
Deroode Frederick J and Lepiner Rhyne

Purchase Details

Closed on
Nov 29, 2004
Sold by
Desantiago Maria Eugenia Lazo and Mejia Erasmo Santiago
Bought by
Mejia Erasmo Santiago and Desantiago Maria Eugenia Lazo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 1999
Sold by
Holguin Carlos C
Bought by
Mejia Erasmo S and Lazo Santiago Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.5%
Mortgage Type
New Conventional
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 $1,260,000 None Listed On Document
Warranty Deed $1,260,000 None Listed On Document
Warranty Deed $1,000,000 Attorney
Warranty Deed $635,000 Key International Title & Es
Interfamily Deed Transfer -- --
Warranty Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Closed $420,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $175,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $372,000 New Conventional
Previous Owner $416,000 Credit Line Revolving
Previous Owner $175,000 Unknown
Previous Owner $320,000 New Conventional
Previous Owner $187,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $1,260,000 -2.7% $822 / Sq Ft
11/04/2024 11/04/24 For Sale $1,295,000 -- $845 / 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 $14,611 $932,196 -- --
2023 $14,611 $847,451 $0 $0
2022 $12,445 $770,410 $0 $0
2021 $10,435 $621,800 $0 $0
2020 $10,266 $621,817 $0 $0
2019 $10,510 $635,000 $0 $0
2018 $9,826 $613,536 $0 $0
2017 $10,952 $677,940 $0 $0
2016 $7,463 $490,230 $0 $0
2015 $7,573 $486,823 $0 $0
2014 $7,687 $482,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11681484

MIAMI REALTORS® MLS

APN: 24-4232-019-1260