NOT LISTED FOR SALE

Estimated Value: $1,032,982 - $1,286,000

2 Beds
2 Baths
1,600 Sq Ft
$1,050/mo HOA Fee

Last Sold August 31, 2020

Last sale price $600,000 $375 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $8,144/month

87 Days on Market

Highlights

  • Fitness Center
  • Intercom to Front Desk
  • Wood Flooring
  • Key Biscayne K-8 Center Rated A-
  • Penthouse
  • Garden View

About This Home

As of August 2020

Lovely 2/2 split plan penthouse super light, 1600 sqft, with large balcony overlooks the beautiful Botanica gardens. White tile in living areas, wood flooring in bedrooms. Ocean front community with beautiful beach, tennis courts, pools, restaurant and more.

Last Agent to Sell the Property

Carolina Trovo

Blue One Realty, LLC License #3259324 Listed on: 04/17/2020

Last Buyer's Agent

Julieta Suarez Lepre

Miami Residential Group License #3352992

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,194

Year Built

  • Built in 1981

HOA Fees

  • $1,050 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Guest Parking

Home Design

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

Interior Spaces

  • 1,600 Sq Ft Home
  • Fireplace
  • Solar Tinted Windows
  • Drapes & Rods
  • Entrance Foyer
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-024-0190

Community Details

Overview

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

Amenities

  • Trash Chute
  • Intercom to Front Desk
  • Elevator
  • Bike Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,194

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,050 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Penthouse
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • 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
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1600
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Drapes, Solar Film/Tinted
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: KEY COLONY #4
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Secured Garage/Parking, Guard At Site, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 1050
  • Amenities: Bike Storage, Elevator(s), Exercise Room, Child Play Area, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Other

Lot Info

  • Parcel Number: 24-42-32-024-0190
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 1050

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Aug 18, 2020
Sold by
Rodriguez Adriana L
Bought by
Arcidiacono Michael and Arcidiacono Julie Chen
Seller's Agent
Carolina Trovo
Blue One Realty, LLC
Buyer's Agent
Julieta Suarez Lepre
Miami Residential Group
List Price
$649,000
Sold Price
$600,000
Premium/Discount to List
-$49,000
-7.55%
Current Estimated Value
$1,152,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,246
Avg. Annual Appreciation
13.28%
Original Mortgage
$480,000
Outstanding Balance
$427,705
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$700,129

Purchase Details

Listed on
Jan 14, 2014
Closed on
Apr 4, 2014
Sold by
Grossman Lisa K and Litle Lisa Kahn
Bought by
Rodriguez Adriana L
Seller's Agent
Joan McCaughan
Coldwell Banker Realty
Buyer's Agent
Carolina Trovo
Blue One Realty, LLC
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.00%

Purchase Details

Closed on
Nov 29, 2000
Sold by
Magdalena G Guernica Tr
Bought by
Grossman Lisa K

Purchase Details

Closed on
Jun 8, 1994
Sold by
Guernica Pedro and Guernica Magdalena Tg
Bought by
Guernica Magdalena G
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
Arcidiacono Michael $600,000 Attorney
Rodriguez Adriana L $640,000 Elite World Title Svcs Inc
Grossman Lisa K $285,000 --
Guernica Magdalena G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcidiacono Michael $480,000
Previous Owner Grossman Lisa K $177,000
Previous Owner Grossman Lisa K $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $600,000 -4.0% $375 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $625,000 -3.7% $391 / Sq Ft
04/17/2020 04/17/20 For Sale $649,000 0.0% $406 / Sq Ft
08/01/2014 08/01/14 Rented $3,500 -7.9% --
07/02/2014 07/02/14 Under Contract -- -- --
05/06/2014 05/06/14 For Rent $3,800 0.0% --
04/04/2014 04/04/14 Sold $640,000 -8.4% $400 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $699,000 0.0% $437 / Sq Ft
04/05/2012 04/05/12 Rented $3,200 -3.0% --
04/05/2012 04/05/12 For Rent $3,300 -- --
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 $12,103 $732,050 -- --
2024 $11,422 $665,500 -- --
2023 $11,422 $605,000 $0 $0
2022 $10,024 $550,000 $0 $0
2021 $8,431 $500,000 $0 $0
2020 $8,255 $500,000 $0 $0
2019 $8,094 $489,000 $0 $0
2018 $9,578 $645,926 $0 $0
2017 $8,273 $512,098 $0 $0
2016 $8,914 $539,050 $0 $0
2015 $9,110 $539,050 $0 $0
2014 $7,509 $378,642 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10847104

MIAMI REALTORS® MLS

APN: 24-4232-024-0190