NOT LISTED FOR SALE

Estimated Value: $2,260,000 - $2,376,000

3 Beds
3 Baths
2,001 Sq Ft
$1,941/mo HOA Fee

Last Sold March 14, 2023

Last sale price $1,900,000 $950 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $16,659/month

214 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of March 2023

Enjoy island living with amazing Bay and Miami skyline views from this completely remodeled 3BR/3BA unit at Emerald Bay at Key Colony in Key Biscayne. Unit features high ceilings, marble floors throughout, kitchen with stainless steel appliances, built-in breakfast table, quartz countertops and extra pantry, lots of storage space thorughout and more! Blackout curtains. *2 ASSIGNED COVERED PARKING SPACES plus plenty of guest parking* Emerald Bay at Key Colony offers Direct Beach Access, a private pool and gym, Oceanfront pool with al fresco dining, Golden Hog Market place, Ceci’s Spa, 12 Tennis Courts, Lap Pool, Children’s Playground and more.

Last Agent to Sell the Property

Giulietta Ulloa

BHHS EWM Realty License #0658811 Listed on: 08/11/2022

BHHS EWM Realty

Co-Listed By

Jennifer Perez

BHHS EWM Realty License #3302187

Last Buyer's Agent

Lourdes Lorenzo Luaces

Ocean Club Realty, Inc. License #3467479

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,835

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Ocean Front
  • North Facing Home

HOA Fees

  • $1,941 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,001 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-1570

Community Details

Overview

  • Mid-Rise Condominium
  • The Emeraldbay Condos
  • The Emeraldbay Subdivision
  • Car Wash Area
  • 12-Story Property

Amenities

  • Clubhouse
  • Community Center
  • Party Room
  • Bar or Lounge
  • Elevator
  • Secure Lobby

Recreation

  • Community Playground
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,835

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$1,941 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: EWM 08
  • Co List Office Phone: 305-361-5600
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE EMERALDBAY
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Custom Mirrors, Entrance Foyer, Pantry, Split Bedroom
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2001
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE EMERALDBAY
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1941
  • Amenities: Bar, Bike/Jog Path, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Other, Child Play Area, Sauna, Spa/Hot Tub, Tennis Court(s), Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-019-1570
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1941

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 15835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Mar 3, 2023
Sold by
Cor Re Holdings Llc
Bought by
512 Gb Resorts Corp
Seller's Agent
Giulietta Ulloa
BHHS EWM Realty
Buyer's Agent
Lourdes Lorenzo Luaces
Ocean Club Realty, Inc.
List Price
$2,390,000
Sold Price
$1,900,000
Premium/Discount to List
-$490,000
-20.5%
Views
16
Current Estimated Value
$2,294,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,628
Avg. Annual Appreciation
8.84%

Purchase Details

Listed on
Mar 8, 2020
Closed on
Apr 15, 2021
Sold by
Carlos Martin and Moral Lorena V
Bought by
Cor Re Holdings Llc
Seller's Agent
Lorena Rodriguez Moral
Lumer Real Estate
Buyer's Agent
Giulietta Ulloa
BHHS EWM Realty
List Price
$1,545,000
Sold Price
$1,390,000
Premium/Discount to List
-$155,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.98%
Original Mortgage
$750,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2007
Sold by
Seoane Mario and Seoane Norma
Bought by
Larretape Martin Carlos and Moral Lorena V Rodriguez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 1998
Sold by
Barba Carlos R and Barba Teresa
Bought by
Seoane Mario and Seoane Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.15%
Mortgage Type
New Conventional
Source: Public Records

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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
512 Gb Resorts Corp $1,900,000 --
Cor Re Holdings Llc $1,390,000 Attorney
Larretape Martin Carlos $880,000 Attorney
Seoane Mario $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cor Re Holdings Llc $750,000
Previous Owner Larretape Martin Carlos $785,000
Previous Owner Larretape Martin C $573,760
Previous Owner Larretape Martin Carlos $580,000
Previous Owner Seoane Mario $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $1,900,000 -13.4% $950 / Sq Ft
09/07/2022 09/07/22 Price Changed $2,195,000 -8.2% $1,097 / Sq Ft
08/11/2022 08/11/22 For Sale $2,390,000 +71.9% $1,194 / Sq Ft
04/22/2021 04/22/21 Sold $1,390,000 -10.0% $695 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/07/2020 03/07/20 For Sale $1,545,000 -- $772 / 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 $23,220 $1,594,600 -- --
2023 $23,220 $1,349,271 $0 $0
2022 $19,695 $1,226,610 $0 $0
2021 $16,494 $990,000 $0 $0
2020 $10,412 $669,837 $0 $0
2019 $10,189 $654,778 $0 $0
2018 $9,659 $642,570 $0 $0
2017 $9,534 $629,354 $0 $0
2016 $9,549 $616,410 $0 $0
2015 $9,690 $612,126 $0 $0
2014 $9,837 $607,268 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11255382

MIAMI REALTORS® MLS

APN: 24-4232-019-1570