$1,150,000
SOLD AUG 15, 2025
2 Beds
2 Baths
1,532 Sq Ft
$2,098/mo HOA Fee

Recently Sold

$751 Per Sq Ft

11% Below List Price

97 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • Balcony

About This Home

As of August 2025

Breathtaking and unobstructed views of the city skyline, Biscayne Bay and beyond!
Lots of natural light! Spacious bedrooms! Tile floor in the living areas! THREE parking spaces!
Enjoy all the amenities Key Colony has to offer! Beachfront pool, lap pool, beach chairs and umbrellas, 12 tennis courts, 24 hour security, deli store in the complex!
Parking spaces F-68, B-12, J-50 included in the price for a full price offer!
Very easy to show!

Last Agent to Sell the Property

Daniel Gaviria

Great Properties International LLC License #0591285 Listed on: 05/07/2025

Great Properties International LLC

Co-Listed By

Ana Somarriba

Great Properties International LLC License #0653406

Last Buyer's Agent

Stephen Scarpone

Coldwell Banker Realty License #0468177

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,394

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Fenced

HOA Fees

  • $2,098 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Entry on the 9th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,532 Sq Ft Home
  • Marble Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-1290

Community Details

Overview

  • Mid-Rise Condominium
  • Key Colony Condos
  • The Emeraldbay @ Key Colo,Emerald Bay Subdivision
  • Car Wash Area
  • Property has 1 Level

Amenities

  • Trash Chute
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,394

Year Built

Built in 1980

Lot Details

0

HOA Fees

$2,098 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: GRTP01
  • Co List Office Phone: 305-365-0711
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE EMERALDBAY @ KEY COLO,EMERALD BAY
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1532
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Bedroom Features: Entry Level, Other

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KEY COLONY
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 6294
  • Amenities: Elevator(s), Exercise Room, Pool, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 24-42-32-019-1290

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14394

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
Jul 24, 2025
Sold by
Derezic Berta Lydie and Berta Lydie Menin De Rezic Trust
Bought by
Scarpone Stephen J and Scarpone Marilu
Seller's Agent
Daniel Gaviria
Great Properties International LLC
Buyer's Agent
Stephen Scarpone
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.48%
Original Mortgage
$897,000
Outstanding Balance
$896,216
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$353,886

Purchase Details

Closed on
Jun 29, 2015
Sold by
Derezic Berta L
Bought by
Derezic Berta Lydie Menin
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,150,000 None Listed On Document
Warranty Deed $1,150,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $897,000 New Conventional
Closed $897,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $1,150,000 -11.2% $751 / Sq Ft
08/12/2025 08/12/25 Pending -- -- --
05/07/2025 05/07/25 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
2025 $14,394 $938,048 -- --
2024 $14,153 $852,771 -- --
2023 $14,153 $775,247 $0 $0
2022 $11,989 $704,770 $0 $0
2021 $10,746 $640,700 $0 $0
2020 $10,577 $640,658 $0 $0
2019 $10,808 $653,000 $0 $0
2018 $10,156 $634,115 $0 $0
2017 $11,319 $700,680 $0 $0
2016 $11,357 $675,801 $0 $0
2015 $11,040 $614,365 $0 $0
2014 $10,064 $558,514 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11793899

MIAMI REALTORS® MLS

APN: 24-4232-019-1290