NOT LISTED FOR SALE

Estimated Value: $442,166 - $543,000

1 Bed
1.5 Baths
725 Sq Ft
1967 Built

Last Sold September 04, 2015

Last sale price $270,000 $372 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,005/month

Highlights

  • Above Ground Pool
  • No HOA
  • Central Heating and Cooling System
  • Key Biscayne K-8 Center Rated A-
  • Tile Flooring
  • 1 Car Garage

About This Home

As of October 2023

Bright and charming 1 bedroom, 1 full on-suite bathroom and one half (guest) bathroom located one block from the beach. Unit offered unfurnished (some pics show furniture from previous tenant).
Tile floors, ample closet space, stainless steal appliances, newly installed hurricane windows and enclosed balcony enlarging the usable area.
One assigned parking space, pool, car washing area, sun terrace and guest parking available. Card operated washer and dryer machines in every floor. Few blocks to school and shopping. Enjoy the island lifestyle and peace that Key Biscayne can offer.

Last Agent to Rent the Property

Gustavo Gambino

Gambino Real Estate Corp. License #3096862 Listed on: 08/01/2023

Last Renter's Agent

Elena Chacon

BHHS EWM Realty License #3268706

BHHS EWM Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1967

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 725 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom

Pool

  • Above Ground Pool
  • Outdoor Pool

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 9/1/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-52-05-026-0030

Community Details

Overview

  • No Home Owners Association
  • Galen Drive Condo Apts Condos
  • Galen Drive Condo Apts Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1967

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-09-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1967
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Single Family-Annual, Condo
  • Subdivision Name: GALEN DRIVE CONDO APTS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: First Floor Entry
  • Spa Yn: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 725
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Direction Faces: South
  • Pool Features: Above Ground, Private
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GALEN DRIVE CONDO APTS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Laundry Facility, Other
  • Association: No

Lot Info

  • Parcel Number: 24-52-05-026-0030
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Sep 4, 2015
Sold by
Alegret Mailly Madrigal
Bought by
Neta Llc
Seller's Agent
Elizabeth Warner
Hardie Warner Real Estate, Inc.
Buyer's Agent
Elizabeth Warner
Hardie Warner Real Estate, Inc.
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Current Estimated Value
$493,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,792
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Mar 21, 2012
Sold by
Gkb Investments Llc
Bought by
Madrigal Mailly and Alegret Maily Madrigal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,161
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2006
Sold by
Madrigal Maily and Madrigal Mailly
Bought by
Gkb Investments Llc

Purchase Details

Closed on
Jan 29, 2002
Sold by
Nancy Stoner
Bought by
Madrigal Maily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,875
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1996
Sold by
Livingstone George D
Bought by
Stoner Miller Nancy and Scott Miller A

Purchase Details

Closed on
Mar 13, 1996
Sold by
Livingstone George D and Livingstone Evelyn W
Bought by
Livingstone George O

Purchase Details

Closed on
Aug 15, 1993
Sold by
Livingstone Evelyn W
Bought by
Livingstone George D and Livingstone Evelyn W
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
Neta Llc $270,000 Key Intl Title & Escrow Corp
Madrigal Mailly -- Attorney
Gkb Investments Llc -- Attorney
Madrigal Maily $152,500 --
Stoner Miller Nancy $40,000 --
Livingstone George O $100 --
Livingstone George D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madrigal Mailly $127,161
Previous Owner Livingstone George O $144,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2023 10/29/23 Rented $2,600 -5.5% --
10/13/2023 10/13/23 Under Contract -- -- --
08/27/2023 08/27/23 Price Changed $2,750 -6.8% $4 / Sq Ft
08/01/2023 08/01/23 For Rent $2,950 +59.5% --
08/07/2017 08/07/17 Rented $1,850 -5.1% --
07/25/2017 07/25/17 For Rent $1,950 0.0% --
09/04/2015 09/04/15 Sold $270,000 -8.5% $372 / Sq Ft View Prior Sale
07/24/2015 07/24/15 For Sale $295,000 -- $407 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $5,293 $352,715 -- --
2024 $5,109 $320,650 -- --
2023 $5,109 $291,500 $0 $0
2022 $4,414 $265,000 $0 $0
2021 $4,564 $265,000 $0 $0
2020 $4,375 $265,000 $0 $0
2019 $4,221 $255,000 $0 $0
2018 $3,719 $232,236 $0 $0
2017 $3,752 $232,236 $0 $0
2016 $3,692 $223,304 $0 $0
2015 $2,897 $137,613 $0 $0
2014 $2,708 $125,103 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11428890

MIAMI REALTORS® MLS

APN: 24-5205-026-0030

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