NOT LISTED FOR SALE

Estimated Value: $1,146,186 - $1,366,000

2 Beds
2 Baths
1,720 Sq Ft
1981 Built

Last Sold August 29, 2016

Last sale price $728,500 $424 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,765/month

Highlights

  • Ocean Front
  • Gated with Attendant
  • Penthouse
  • Key Biscayne K-8 Center Rated A-
  • Intercom to Front Desk
  • Heated Above Ground Pool

About This Home

As of January 2018

Enjoy living in paradise!! Amenities galore! Tennis courts, ocean front pool w/ al fresco dining, beauty salon, lap pool, gym, beach access, restaurant, convenience store & more! Great location! This 2 beds/2 baths fully furnished penthouse at Floranda lobby is very close to the beach. Overlooking beautiful gardens prom private balcony!!

Last Agent to Rent the Property

Liliana Pinto-Torres

Fortune International Realty License #3239334 Listed on: 11/07/2017

Fortune International Realty

Last Renter's Agent

Sheila Bokstein

Fortune Christie's International Real Estate License #3069635

Fortune Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • East Facing Home

Parking

  • 1 Car Garage

Home Design

  • Penthouse
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,720 Sq Ft Home
  • Furnished
  • Fireplace
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Heated Above Ground Pool

Listing and Financial Details

  • Property Available on 11/7/17
  • Assessor Parcel Number 24-42-32-024-0810

Community Details

Overview

  • No Home Owners Association
  • Key Colony Condos
  • Key Colony Subdivision
  • The community has rules related to no recreational vehicles or boats

Amenities

  • Clubhouse
  • Community Center
  • Intercom to Front Desk

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2017-11-07

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Directions: Once in Key Colony , please go to Floranda lobby to PH.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Structure Type: Single Family-Seasonal, Condo
  • Subdivision Name: KEY COLONY
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Furnished: Furnished
  • Living Area: 1720
  • Other Equipment: Elevator
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen

Exterior Features

  • Roof: Concrete
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Features: Above Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KEY COLONY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: No Rv/Boats

Utilities

  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Building Security, Gated with Guard, Intercom In Lobby, Security Patrol

Condo/Co-op/Association

  • Amenities: Activity Room, Clubhouse, Community Pool
  • Association: No
  • Community Features: Tennis

Lot Info

  • Parcel Number: 24-42-32-024-0810
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Aug 22, 2016
Sold by
Polo Marco and Polo Chantal
Bought by
Yimm Llc
Seller's Agent
Vivianna Franchy
BHHS EWM Realty
Buyer's Agent
Liliana Pinto-Torres
Fortune International Realty
List Price
$759,000
Sold Price
$728,500
Premium/Discount to List
-$30,500
-4.02%
Current Estimated Value
$1,263,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,547
Avg. Annual Appreciation
6.09%
Original Mortgage
$437,100
Outstanding Balance
$358,421
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$904,626
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 Buyer Sale Price Title Company
Yimm Llc $728,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yimm Llc $437,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2018 01/15/18 Rented $4,950 0.0% --
11/07/2017 11/07/17 For Rent $4,950 0.0% --
08/29/2016 08/29/16 Sold $728,500 -4.0% $424 / Sq Ft View Prior Sale
08/01/2016 08/01/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $759,000 -- $441 / 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 $13,532 $849,178 -- --
2024 $12,761 $771,980 -- --
2023 $12,761 $701,800 $0 $0
2022 $11,205 $638,000 $0 $0
2021 $9,747 $580,000 $0 $0
2020 $9,576 $580,000 $0 $0
2019 $8,789 $531,000 $0 $0
2018 $11,193 $698,896 $0 $0
2017 $10,464 $647,726 $0 $0
2016 $9,499 $494,791 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10368842

MIAMI REALTORS® MLS

APN: 24-4232-024-0810