$1,100,000
SOLD JUL 10, 2023
2 Beds
2 Baths
1,715 Sq Ft
$1,246/mo HOA Fee

Recently Sold

$641 Per Sq Ft

39% Below List Price

368 Days on Market

Highlights

  • Bar or Lounge
  • Fitness Center
  • Pool View
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • Furnished

About This Home

As of July 2023

Remodeled penthouse with a beautiful view. 2 bedroom 2 bath plus den in Botanica. Steps to the beach.
community features olympic size pool, beach side pool and bar, children's playground, tennis courts and a mini market.

Last Agent to Sell the Property

Monika Ciocca

Ciocca Real Estate LLC License #3163818 Listed on: 06/10/2022

Last Buyer's Agent

Kenia Galvez

Equity Real Property and Mgt. License #3258027

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,747

Year Built

  • Built in 1981 | Remodeled

HOA Fees

  • $1,246 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,715 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Skylights

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-024-0470

Community Details

Overview

  • Low-Rise Condominium
  • Key Colony Condos
  • Key Colony No 4 Condo,Key Colony Subdivision, Key Colony Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Community Barbecue Grill
  • Bar or Lounge
  • Community Storage Space

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Phone Entry
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,747

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$1,246 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: mapquest
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Master Model: Key Colony
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: KEY COLONY NO 4 CONDO,Key Colony
  • Year Built Details: Condo-Conversion
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Skylight
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Marble
  • Furnished: Furnished
  • Living Area: 1715
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Skylight
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Other View, Pool Area View
  • Exterior Features: None, Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Key Colony
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, Assigned, Covered, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Phone Entry, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1246
  • Amenities: Bar, Barbecue, Exercise Room, Storage, Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-42-32-024-0470
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 7, 2023
Sold by
Gomes Julio Almeida
Bought by
Amura Marine Usa Corp
Seller's Agent
Monika Ciocca
Ciocca Real Estate LLC
Buyer's Agent
Kenia Galvez
Equity Real Property and Mgt.
List Price
$1,799,999
Sold Price
$1,100,000
Premium/Discount to List
-$699,999
-38.89%
Views
40
Current Estimated Value
$1,260,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,213
Avg. Annual Appreciation
9.00%

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 21, 2021
Sold by
Moritz International Trading Limited
Bought by
Gomes Julio Almeida
Seller's Agent
Alicia Gilbert
BHHS EWM Realty
Buyer's Agent
Monika Ciocca
Ciocca Real Estate LLC
List Price
$789,000
Sold Price
$775,000
Premium/Discount to List
-$14,000
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.26%

Purchase Details

Closed on
Oct 4, 1999
Sold by
Myron Belkin Tr
Bought by
Brod E D and Brod Geraldine

Purchase Details

Closed on
Apr 24, 1996
Sold by
Belkin Myron and Belkin Annie
Bought by
Belkin Myron and Belkin Jules

Purchase Details

Closed on
Feb 27, 1995
Sold by
Mora Javier G and Mora Monica G
Bought by
Belkin Myron and Belkin Jules

Purchase Details

Closed on
Oct 26, 1993
Sold by
Radford Melinda E
Bought by
Mora Javier G and Mora Monica G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
7.03%
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 Type Sale Price Title Company
Warranty Deed $1,100,000 Title Services Corporation
Warranty Deed $775,000 Nu World Title Llc
Warranty Deed $295,000 --
Warranty Deed $100 --
Warranty Deed $280,000 --
Warranty Deed $295,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $265,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Rented $7,000 -6.7% --
10/16/2023 10/16/23 For Rent $7,500 0.0% --
07/10/2023 07/10/23 Sold $1,100,000 -2.7% $641 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/31/2023 05/31/23 Price Changed $1,130,000 -5.8% $659 / Sq Ft
04/24/2023 04/24/23 Price Changed $1,199,999 -7.0% $700 / Sq Ft
01/17/2023 01/17/23 Price Changed $1,289,999 -6.5% $752 / Sq Ft
07/13/2022 07/13/22 Price Changed $1,379,999 -13.8% $805 / Sq Ft
06/25/2022 06/25/22 Price Changed $1,599,999 -11.1% $933 / Sq Ft
06/10/2022 06/10/22 For Sale $1,799,999 +132.3% $1,050 / Sq Ft
04/27/2021 04/27/21 Sold $775,000 -1.8% $452 / Sq Ft
03/02/2021 03/02/21 For Sale $789,000 -- $460 / 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 $14,083 $973,660 -- --
2023 $14,083 $845,988 $0 $0
2022 $12,424 $769,080 $0 $0
2021 $9,747 $580,000 $0 $0
2020 $9,398 $580,000 $0 $0
2019 $8,441 $510,000 $0 $0
2018 $10,643 $754,003 $0 $0
2017 $9,954 $545,112 $0 $0
2016 $9,203 $495,557 $0 $0
2015 $8,776 $450,507 $0 $0
2014 $7,825 $409,552 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11220283

MIAMI REALTORS® MLS

APN: 24-4232-024-0470