NOT LISTED FOR SALE

Estimated Value: $1,550,000 - $1,852,000

2 Beds
2 Baths
1,546 Sq Ft
1979 Built

Last Sold January 12, 2024

Last sale price $1,575,000 $1,019 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,443/month

5 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Tennis Courts
  • Key Biscayne K-8 Center Rated A-
  • Community Pool
  • Community Center

About This Home

As of January 2024

Experience modern luxury at its best in this fully remodeled 2/2 apartment with 1546 Sq Ft under a/c. In this immaculate design, the interior reflects a seamless blend of sophistication and contemporary style. The top-of-the-line kitchen boasts high-end appliances, creating a culinary haven for enthusiasts. Every detail has been carefully considered, from new impact windows and doors to the meticulously finishes throughout. This home is completely move-in ready, radiating elegance in every corner. Offering stunning views of the ocean and bay. Located in Key colony, indulge in resort-style living w/ 12 tennis courts, a gourmet market, salon & spa, children's playground, and a beachfront pool w/ restaurant. Unwind by the pristine sandy shores, making every day feel like a tropical vacation.

Last Listed By

Brigitte Nachtigall

One Sotheby's International Realty License #0542022 Listed on: 12/13/2023

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,126

Year Built

  • Built in 1979

Lot Details

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,546 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Covered Parking

Outdoor Features

  • Property has ocean access

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-018-2430

Community Details

Overview

  • Property has a Home Owners Association
  • 1,179 Units
  • Mid-Rise Condominium
  • Key Colony Condos
  • Key Colony No 2 Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 12-Story Property

Amenities

  • Community Center
  • Party Room
  • Bike Room

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,472

Security

  • Security Guard
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,126

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: GRTP01
  • Co List Office Phone: 305-365-0711
  • Entry Level: 10
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: KEY COLONY NO 2 CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1546
  • Possible Use: Secondary
  • Stories: 12
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KEY COLONY
  • Parking Features: 1 Space, Covered, No Rv/Boats

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Fire Alarm, Guard At Site

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-42-32-018-2430
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1472
  • Number Of Units In Community: 1179
  • Number Of Units Total: 310

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jan 4, 2024
Sold by
Los Inkas Corp
Bought by
Sfo Terra Llc
Seller's Agent
Brigitte Nachtigall
One Sotheby's International Realty
Buyer's Agent
Victoria Brisky
Urdapilleta Real Estate, LLC
List Price
$1,610,000
Sold Price
$1,575,000
Premium/Discount to List
-$35,000
-2.17%
Total Days on Market
5
Views
30
Current Estimated Value
$1,670,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,155
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
Jun 16, 2009
Sold by
Bitar Lorenzo and De Bitar Laila
Bought by
Los Inkas Corp

Range of Values:

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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
Sfo Terra Llc $1,575,000 None Listed On Document
Los Inkas Corp -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bitar Lorenzo $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $1,575,000 -2.2% $1,019 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/13/2023 12/13/23 For Sale $1,610,000 -- $1,041 / 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
2024 $13,126 $735,111 -- --
2023 $13,126 $668,283 $0 $0
2022 $11,131 $607,530 $0 $0
2021 $9,291 $552,300 $0 $0
2020 $9,118 $552,256 $0 $0
2019 $9,318 $563,000 $0 $0
2018 $13,101 $818,047 $0 $0
2017 $12,014 $743,679 $0 $0
2016 $12,843 $771,793 $0 $0
2015 $12,476 $701,630 $0 $0
2014 $11,724 $637,846 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11489370

MIAMI REALTORS® MLS

APN: 24-4232-018-2430