$1,250,000
SOLD AUG 31, 2022
2 Beds
2 Baths
1,531 Sq Ft
$1,367/mo HOA Fee

Recently Sold

$816 Per Sq Ft

11% Below List Price

22 Days on Market

Highlights

  • Direct Ocean View
  • Fitness Center
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Waterfront
  • Tennis Courts

About This Home

As of July 2024

Very nice two bedrooms 2 bathrooms side by side floor plan apartment; with a long balcony, nothr east views of Ocean and open views of bay. Full of light ; ample; well kept and partially remodeled; available at the Tidemark, Phase one, on Key Colony. The unit comes with one parking space and hefty storage area adjacent to the apt. Key Colony has direct access to the beach; has an ocean pool, a lap pool and 12 tennis courts, a beauty salon and spa, and a store of " The Golden Hog" on site, which also services " The Sandbar" , a gazebo style restaurant located in the main pool. The tidemark has a full size gym; and a separte pool for its residents and guests. Please see broker's remarks for showing instructions.

Last Agent to Sell the Property

Vivianna Franchy

BHHS EWM Realty License #3137265 Listed on: 07/06/2022

BHHS EWM Realty

Last Buyer's Agent

Martha Ledesma Guevara

EXP Realty LLC License #3393713

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,206

Year Built

  • Built in 1978

HOA Fees

  • $1,367 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

Home Design

  • 1,531 Sq Ft Home
  • Concrete Block And Stucco Construction

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Washer
  • Waterfront
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-016-1120

Community Details

Overview

  • Mid-Rise Condominium
  • Key Colony No 1 Condos
  • Key Colony No 1 Subdivision
  • 12-Story Property

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Additional Features

  • Bike Room
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,206

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,367 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Condominium
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: KEY COLONY NO 1
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor, Marble
  • Furnished: Unfurnished
  • Living Area: 1531
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Direct Ocean
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KEY COLONY NO 1
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 1367
  • Amenities: Bike Storage, Exercise Room, Exterior Lighting, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-016-1120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1367

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Jul 19, 2024
Sold by
Unit 306 Key Colony Llc
Bought by
Jones Kathy and Jones Daniel
Seller's Agent
Catalina Solano
MI Exclusive Properties
Buyer's Agent
Robert Posner
Brown Harris Stevens
List Price
$1,950,000
Sold Price
$1,685,000
Premium/Discount to List
-$265,000
-13.59%
Views
163
Current Estimated Value
$1,613,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,785
Avg. Annual Appreciation
-0.88%

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 29, 2022
Sold by
Splendido Holdings Llc
Bought by
Unit 306 Key Colony Llc
Seller's Agent
Vivianna Franchy
BHHS EWM Realty
Buyer's Agent
Martha Ledesma Guevara
EXP Realty LLC
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.02%
Original Mortgage
$875,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2011
Sold by
Durando Ronald A
Bought by
Splendido Holdings Llc

Purchase Details

Closed on
Mar 10, 2010
Sold by
Edson Realty Inc
Bought by
Durando Ronald A
Source: Public Records

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Range of Values:

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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 $1,685,000 Florida Title And Escrow Servi
Warranty Deed $1,250,000 --
Quit Claim Deed -- Attorney
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $875,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $1,685,000 -5.9% $1,101 / Sq Ft
04/09/2024 04/09/24 Price Changed $1,790,000 -3.2% $1,169 / Sq Ft
10/23/2023 10/23/23 Price Changed $1,850,000 -5.1% $1,208 / Sq Ft
10/16/2023 10/16/23 For Sale $1,950,000 +56.0% $1,274 / Sq Ft
08/31/2022 08/31/22 Sold $1,250,000 -10.7% $816 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $1,400,000 0.0% $914 / Sq Ft
05/07/2019 05/07/19 Rented $3,800 -5.0% --
01/15/2019 01/15/19 Price Changed $3,999 -7.0% $3 / Sq Ft
09/12/2018 09/12/18 For Rent $4,299 +14.6% --
09/22/2016 09/22/16 Rented $3,750 -5.0% --
09/12/2016 09/12/16 Under Contract -- -- --
08/25/2016 08/25/16 Price Changed $3,949 -1.3% $3 / Sq Ft
08/12/2016 08/12/16 Price Changed $3,999 -2.4% $3 / Sq Ft
07/12/2016 07/12/16 Price Changed $4,099 -6.8% $3 / Sq Ft
06/14/2016 06/14/16 Price Changed $4,399 -2.2% $3 / Sq Ft
04/26/2016 04/26/16 For Rent $4,499 +15.4% --
05/20/2015 05/20/15 Rented $3,900 -7.1% --
05/20/2015 05/20/15 For Rent $4,200 +47.4% --
05/19/2012 05/19/12 Rented $2,850 -5.0% --
05/19/2012 05/19/12 For Rent $2,999 -- --
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 $16,708 $1,044,600 -- --
2023 $16,708 $1,044,600 $0 $0
2022 $12,256 $668,690 $0 $0
2021 $10,206 $607,900 $0 $0
2020 $9,559 $578,953 $0 $0
2019 $10,543 $637,000 $0 $0
2018 $10,411 $650,037 $0 $0
2017 $11,642 $720,662 $0 $0
2016 $12,413 $750,690 $0 $0
2015 $12,507 $731,346 $0 $0
2014 $11,739 $664,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11233492

MIAMI REALTORS® MLS

APN: 24-4232-016-1120