$775,000
SOLD APR 27, 2021
3 Beds
2 Baths
1,715 Sq Ft
$1,245/mo HOA Fee

Recently Sold

$452 Per Sq Ft

2% Below List Price

13 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Great Room
  • Tennis Courts

About This Home

As of April 2021

Fantastic opportunity to own a penthouse condo with a beautiful east-exterior view like no other in Botanica. This original as-is-condo is priced ready for you to make your home, in Island paradise. The unit is fully-furnished, spacious with lots of natural light, two assigned covered parking spaces near lobby entrance for easy access. Unit has additional storage. This true 3 bedrooms , 2 bathrooms, 1720 Sq.ft condo with a view includes quality resort style amenities at a fantastic price. This is the one you have been waiting for. Vacant, easy to show by appointment. Assessments $563.35/ MO until June 2022.

Last Agent to Sell the Property

Alicia Gilbert

BHHS EWM Realty License #3051537 Listed on: 03/02/2021

BHHS EWM Realty

Last Buyer's Agent

Monika Ciocca

Ciocca Real Estate LLC License #3163818

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,398

Year Built

  • Built in 1981

Lot Details

  • East Facing Home
  • Privacy Fence

HOA Fees

  • $1,245 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,715 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Skylights
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

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

Community Details

Overview

  • Low-Rise Condominium
  • Key Colony No 4 Condo
  • Key Colony No 4 Condo Subdivision
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Lobby
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Playground
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Card or Code Access
  • Complete Accordion Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,398

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,245 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Directions: Drive into Key Biscayne- make a left at the second light on Crandon Blvd. Enter the complex at gate.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: KEY COLONY NO 4 CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, Elevator, Fire Sprinklers, Entrance Foyer, Other, Skylight, Split Bedroom, Great Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1715
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Complete Accordian Shutters, Skylight, Blinds, Other Windows, Sliding
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Great Room, Other

Exterior Features

  • View: Ocean View, Other View, Pool Area View
  • Exterior Features: East Of Us1, Other, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Privacy
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KEY COLONY NO 4 CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Card Entry, Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1245
  • Amenities: Bike/Jog Path, Bike Storage, Barbecue, Community Room, Elevator(s), Exercise Room, Storage, Exterior Lighting, Child Play Area, Pool, Tennis Court(s), Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

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

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9398

Multi Family

  • Maintenance Expense: 1245

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
$1,295,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,080
Avg. Annual Appreciation
6.89%

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2025 $15,351 $915,240 -- --
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: A11007045

MIAMI REALTORS® MLS

APN: 24-4232-024-0470