NOT LISTED FOR SALE

Estimated Value: $1,263,818 - $1,763,000

3 Beds
2 Baths
1,820 Sq Ft
$1,900/mo HOA Fee

Last Sold October 20, 2023

Last sale price $1,425,000 $783 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,608/month

168 Days on Market

Highlights

  • Property has ocean access
  • Fitness Center
  • Waterfront
  • Key Biscayne K-8 Center Rated A-
  • Intercom to Front Desk
  • Marble Flooring

About This Home

As of October 2023

Unique corner unit, FULLY RENOVATED, located at Key Colony Botanica. 2,217 sq ft as per appraisal. 3 BEDROOMS + ENCLOSED DEN + 2 FULL BATHROOMS. Spacious and bright Living & Dining facing the gardens. Open Kitchen with lots of Storage space & open bar with stools. Marble Floors throughout the unit. Washer and Dryer inside the unit. 2 assigned parking spaces (E46 & E60). Unit is fully furnished, the furniture may be sold separately at an additional price. Unit is owner occupied and is ready to move in.

Last Agent to Sell the Property

Dolores Urdapilleta

Urdapilleta Real Estate, LLC License #3245467 Listed on: 05/04/2023

Last Buyer's Agent

Cristina Diez

Great Properties International LLC License #3391610

Great Properties International LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,011

Year Built

  • Built in 1981

HOA Fees

  • $1,900 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,820 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Marble Flooring
  • Garden Views
  • Washer

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Property has ocean access
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-024-0060

Community Details

Overview

  • Low-Rise Condominium
  • Key Colony No 4 Condo
  • Key Colony No 4 Condo Subdivision

Amenities

  • Intercom to Front Desk
  • Elevator
  • Secure Lobby

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,011

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,900 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • 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: Dishwasher, Disposal, Microwave, Wall Oven, Washer
  • Interior Amenities: Third Floor Entry, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1820
  • Possible Use: Primary
  • Stories: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Garden View, Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • 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, Covered

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Card Entry, Guard At Site, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1900
  • Amenities: Elevator(s), Exercise Room, Other, Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-42-32-024-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Perez Augusto I and Cruzalegui Luciana Malu
Bought by
Perez Augusto I and Cruzalegui Luciana Malu
Current Estimated Value
$1,433,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Outstanding Balance
$585,882
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$847,823

Purchase Details

Listed on
May 4, 2023
Closed on
Oct 18, 2023
Sold by
Key Manta Llc
Bought by
Perez Augusto L
Seller's Agent
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
Buyer's Agent
Cristina Diez
Great Properties International LLC
List Price
$1,790,000
Sold Price
$1,425,000
Premium/Discount to List
-$365,000
-20.39%
Views
147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.32%
Original Mortgage
$625,000
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jul 23, 2021
Sold by
Pereyra Alejandro and Pereyra Olivia Fernandez
Bought by
Key Manta Llc
Seller's Agent
Paulette Monserrate-Schena
BHHS EWM Realty
Buyer's Agent
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
List Price
$1,190,000
Sold Price
$1,050,000
Premium/Discount to List
-$140,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%
Original Mortgage
$689,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
Chernoff Neil and Bolger Mary Claudia
Bought by
Pereyra Alejandro and Pereyra Olivia Fernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 11, 2002
Sold by
Antonio G Adanez I
Bought by
Bolger Mary C

Purchase Details

Closed on
Jun 4, 1998
Sold by
Codorniu Graciela
Bought by
Garcia Adanez Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1994
Sold by
Castillo Mario and Castillo Conception
Bought by
Codorniu Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
7.04%
Source: Public Records

Range of Values:

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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
Perez Augusto I -- None Listed On Document
Perez Augusto I -- None Listed On Document
Perez Augusto L $1,425,000 None Listed On Document
Key Manta Llc $1,050,000 Attorney
Pereyra Alejandro $775,000 Attorney
Bolger Mary C $385,000 --
Garcia Adanez Antonio $275,000 --
Codorniu Graciela $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Augusto I $605,000
Closed Perez Augusto I $605,000
Previous Owner Perez Augusto L $625,000
Previous Owner Key Manta Llc $689,500
Previous Owner Pereyra Alejandro $383,500
Previous Owner Pereyra Alejandro $399,000
Previous Owner Pereyra Alejandro $203,000
Previous Owner Pereyra Alejandro $417,000
Previous Owner Garcia Adanez Antonio $220,000
Previous Owner Codorniu Graciela $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $1,425,000 -10.4% $783 / Sq Ft
06/05/2023 06/05/23 Price Changed $1,590,000 -11.2% $874 / Sq Ft
05/04/2023 05/04/23 For Sale $1,790,000 +70.5% $984 / Sq Ft
08/10/2021 08/10/21 Sold $1,050,000 -3.7% $474 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/07/2021 06/07/21 Price Changed $1,090,000 -8.4% $492 / Sq Ft
04/05/2021 04/05/21 For Sale $1,190,000 +13.3% $537 / Sq Ft
04/02/2021 04/02/21 Off Market $1,050,000 -- --
04/02/2021 04/02/21 For Sale $1,190,000 0.0% $537 / Sq Ft
01/14/2020 01/14/20 Rented $4,200 -2.3% --
12/04/2019 12/04/19 For Rent $4,300 -12.2% --
03/31/2016 03/31/16 Rented $4,900 -14.8% --
03/04/2016 03/04/16 Under Contract -- -- --
10/06/2015 10/06/15 For Rent $5,750 +16.2% --
10/01/2014 10/01/14 Rented $4,950 0.0% --
09/01/2014 09/01/14 Under Contract -- -- --
08/12/2014 08/12/14 For Rent $4,950 +1.0% --
09/21/2013 09/21/13 Rented $4,900 0.0% --
08/22/2013 08/22/13 Under Contract -- -- --
08/20/2013 08/20/13 For Rent $4,900 -- --
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 $13,631 $928,713 -- --
2024 $14,760 $902,540 -- --
2023 $14,760 $886,600 $0 $0
2022 $13,011 $806,000 $0 $0
2021 $10,405 $620,000 $0 $0
2020 $10,236 $620,000 $0 $0
2019 $11,669 $705,000 $0 $0
2018 $11,634 $726,430 $0 $0
2017 $11,630 $719,950 $0 $0
2016 $11,905 $719,950 $0 $0
2015 $11,610 $659,956 $0 $0
2014 $10,375 $599,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11381715

MIAMI REALTORS® MLS

APN: 24-4232-024-0060