$1,210,000
SOLD SEP 29, 2025
2 Beds
2 Baths
1,541 Sq Ft
$1,787/mo HOA Fee

Recently Sold

$785 Per Sq Ft

19% Below List Price

98 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Two Primary Bathrooms
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Community Pool

About This Home

As of September 2025

Enjoy stunning ocean views from this 2BD/2BA unit in Key Colony, Key Biscayne. South-facing with abundant natural light, this apartment features an open kitchen, spacious balcony, split floor plan, generous closet space, and in-unit washer/dryer. Resort-style living includes 12 tennis courts, multiple pools, beach services, spa, fitness center, gourmet market, beach bar, and 24-hour security—all within a prestigious oceanfront community. Click the virtual tour link to see video of property.

Last Agent to Sell the Property

Michele Redlich

Coldwell Banker Realty License #0639225 Listed on: 05/29/2025

Coldwell Banker Realty

Last Buyer's Agent

Cristian Black

BHHS EWM Realty License #0669932

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,278

Year Built

  • Built in 1978

Lot Details

  • Ocean Front
  • South Facing Home

HOA Fees

  • $1,787 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 6th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,541 Sq Ft Home
  • Drapes & Rods
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Bidet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Unrestricted saltwater access

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-016-1790

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Community Kitchen
  • Community Center
  • Party Room
  • Community Library
  • Bar or Lounge
  • Secure Lobby
  • Bike Room

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,278

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,787 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Condominium
  • Architectural Style: Multi Level
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: KEY COLONY NO 1
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Water Purifier, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1541
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Drapes, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: 2 Primary Bathrooms, Bidet, Combination Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Skyline
  • Exterior Features: Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1787
  • Amenities: Bar, Barbecue, Bike Storage, Child Play Area, Community Room, Exercise Room, Kitchen Facilities, Library, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-016-1790

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15278

Multi Family

  • Number Of Units In Community: 286
  • Number Of Units Total: 286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Sep 29, 2025
Sold by
Ws Finch Key Biscayne Llc
Bought by
Clark Eric
Seller's Agent
Michele Redlich
Coldwell Banker Realty
Buyer's Agent
Cristian Black
BHHS EWM Realty
List Price
$1,495,000
Sold Price
$1,210,000
Premium/Discount to List
-$285,000
-19.06%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
216.68%

Purchase Details

Closed on
May 13, 2015
Sold by
Finch William Sands
Bought by
W S Finch Key Biscayne Llc

Purchase Details

Closed on
Jul 26, 1995
Sold by
Litoral Atlantic Corp
Bought by
Finch William Sands
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 Type Sale Price Title Company
Special Warranty Deed $1,210,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $415,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 Sold $1,210,000 -10.3% $785 / Sq Ft
09/04/2025 09/04/25 Pending -- -- --
08/08/2025 08/08/25 Price Changed $1,349,000 -3.3% $875 / Sq Ft
07/18/2025 07/18/25 Price Changed $1,395,000 -3.5% $905 / Sq Ft
06/20/2025 06/20/25 Price Changed $1,445,000 -3.3% $938 / Sq Ft
05/29/2025 05/29/25 For Sale $1,495,000 -- $970 / 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 $15,278 $956,642 -- --
2024 $14,794 $869,675 -- --
2023 $14,794 $790,614 $0 $0
2022 $13,067 $718,740 $0 $0
2021 $10,955 $653,400 $0 $0
2020 $10,274 $622,261 $0 $0
2019 $11,544 $702,000 $0 $0
2018 $11,146 $785,736 $0 $0
2017 $9,265 $573,530 $0 $0
2016 $13,172 $796,570 $0 $0
2015 $11,279 $646,702 $0 $0
2014 $10,593 $587,911 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11796606

MIAMI REALTORS® MLS

APN: 24-4232-016-1790