NOT LISTED FOR SALE

Estimated Value: $1,472,984 - $1,731,000

2 Beds
2 Baths
1,546 Sq Ft
$1,070/mo HOA Fee

Last Sold June 21, 2016

Last sale price $970,000 $627 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $10,860/month

61 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Waterfront
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Two Primary Bathrooms

About This Home

As of June 2016

Remodeled contemporary 2/2 split plan has desirable southern exposure with views of ocean & bay. Unique detailed lighting throughout. Drop ceiling has sound system speakers in living room. Bamboo floors in social areas & bedrooms. Stainless appliances and granite counters. Bathrooms have white suspended Italian soft close sink and absolute black granite floors. Black river pebble shower in main master bath. Direct TV. One assigned, covered parking space. Resort style amenities.

Last Listed By

L. Marshall Byrum

Coldwell Banker Realty License #0675135 Listed on: 03/18/2016

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,983

Year Built

  • Built in 1979

HOA Fees

  • $1,070 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

Interior Spaces

  • 1,546 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Ceiling Fan
  • Drapes & Rods
  • Entrance Foyer

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Outdoor Grill

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-018-1050

Community Details

Overview

  • Mid-Rise Condominium
  • Key Colony Condos
  • The community has rules related to no recreational vehicles or boats
  • Car Wash Area
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Community Kitchen
  • Community Center
  • Party Room
  • Community Library
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,983

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,070 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Custom Mirrors, Fire Sprinklers, Entrance Foyer, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1546
  • Possible Use: Primary
  • Stories: 12
  • Window Features: Drapes
  • Bedroom Features: Entry Level
  • Master Bathroom Features: 2 Primary Bathrooms, Shower Only

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: Barbeque, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Key Colony
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, No Rv/Boats

Utilities

  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3211
  • Amenities: Bike Storage, Barbecue, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Library, Child Play Area, Spa/Hot Tub, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-018-1050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 3211

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 12983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 14, 2016
Sold by
Solomons Stuart
Bought by
Casoria Real Estate Llc
Seller's Agent
L. Marshall Byrum
Coldwell Banker Realty
Buyer's Agent
Alejandra Pasarell
BBM Realty LLC
List Price
$999,000
Sold Price
$970,000
Premium/Discount to List
-$29,000
-2.9%
Total Days on Market
61
Current Estimated Value
$1,549,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,746
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Aug 23, 2011
Sold by
Alfaro Ricardo
Bought by
Solomons Stuart

Purchase Details

Closed on
Feb 27, 2008
Sold by
Alfaro Ricardo and Alfaro Raquel
Bought by
Alfaro Ricardo and Alfaro Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 17, 2003
Sold by
Caputi Eduardo and Decaputi Nelly
Bought by
Alfaro Ricardo and Alfaro Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

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
Casoria Real Estate Llc $970,000 Attorney
Solomons Stuart $501,800 None Available
Alfaro Ricardo -- None Available
Alfaro Ricardo $445,000 Palm Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alfaro Ricardo $1,250,000
Previous Owner Alfaro Ricardo $356,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2016 06/21/16 Sold $970,000 -2.9% $627 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $999,000 -- $646 / 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 $13,387 $749,885 -- --
2023 $13,387 $681,714 $0 $0
2022 $11,350 $619,740 $0 $0
2021 $9,474 $563,400 $0 $0
2020 $9,301 $563,357 $0 $0
2019 $9,501 $574,000 $0 $0
2018 $13,309 $861,712 $0 $0
2017 $11,877 $735,249 $0 $0
2016 $12,798 $773,946 $0 $0
2015 $12,983 $730,186 $0 $0
2014 $12,201 $663,806 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10052625

MIAMI REALTORS® MLS

APN: 24-4232-018-1050