NOT LISTED FOR SALE

Estimated Value: $1,323,822 - $1,575,000

2 Beds
2 Baths
1,464 Sq Ft
$1,393/mo HOA Fee

Last Sold June 12, 2023

Last sale price $1,265,000 $864 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,460/month

111 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Garden View

About This Home

As of June 2023

Fully remodeled 2 Bedroom and 2 bath unit at Oceansound! Unit features light gray porcelain wood floors throughout, brand new kitchen and stainless steel appliances, Electrolux washer and dryer, Linear Slot Diffuser a/c ducts, and spacious bedrooms. Blackouts in bedrooms and sheer shades throughout. Oceansound at Key Colony offers Direct Beach Access, a private pool and gym, Oceanfront pool with al fresco dining, Golden Hog Market place, Ceci’s Spa, 12 Tennis Courts, Lap Pool, Children’s Playground and more.

Last Agent to Sell the Property

Giulietta Ulloa

BHHS EWM Realty Brokerage Phone: 305-710-6620 License #0658811 Listed on: 01/31/2023

BHHS EWM Realty

Co-Listed By

Jennifer Perez

BHHS EWM Realty Brokerage Phone: 305-710-6620 License #3302187

Last Buyer's Agent

Cecilia Mendez

Douglas Elliman License #3043831

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,143

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • West Facing Home

HOA Fees

  • $1,393 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,464 Sq Ft Home
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-018-0150

Community Details

Overview

  • Mid-Rise Condominium
  • Key Colony No 2 Condo
  • Key Colony No 2 Condo Subdivision
  • Car Wash Area
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Bar or Lounge
  • Secure Lobby
  • Bike Room

Recreation

  • Community Playground
  • Community Spa
  • Tennis Courts

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,143

Year Built

Built in 1979 | Remodeled

Lot Details

0

HOA Fees

$1,393 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Co List Office Mls Id: EWM 08
  • Co List Office Phone: 305-361-5600
  • Entry Level: 4
  • Garage Yn: Yes
  • 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
  • Attribution Contact: 305-710-6620
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1464
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View, Pool Area View
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KEY COLONY NO 2 CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1393
  • Amenities: Bar, Bike Storage, Barbecue, Clubhouse-Clubroom, Exercise Room, Exterior Lighting, Other, Child Play Area, Private Pool, Spa/Hot Tub, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-018-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1393

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
May 31, 2023
Sold by
Dobar Luka Properties Llc
Bought by
Romero Daniela Eva Bao
Seller's Agent
Giulietta Ulloa
BHHS EWM Realty
Buyer's Agent
Cecilia Mendez
Douglas Elliman
List Price
$1,299,000
Sold Price
$1,265,000
Premium/Discount to List
-$34,000
-2.62%
Views
37
Current Estimated Value
$1,422,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,706
Avg. Annual Appreciation
5.50%

Purchase Details

Listed on
Mar 7, 2017
Closed on
Oct 27, 2017
Sold by
Christakos Theodore
Bought by
Dobar Luka Properties Llc
Seller's Agent
Keith Gordon
MMLS Assoc.-Inactive Member
Buyer's Agent
Giulietta Ulloa
BHHS EWM Realty
List Price
$795,000
Sold Price
$625,000
Premium/Discount to List
-$170,000
-21.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%

Purchase Details

Closed on
Dec 31, 1996
Sold by
Anglo Overseas Investments Inc
Bought by
Key Colony Homeowners Assn Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.57%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Romero Daniela Eva Bao $1,265,000 Assure America Title
Dobar Luka Properties Llc $625,000 Attorney
Key Colony Homeowners Assn Inc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christakos Theodore $250,000
Previous Owner Key Colony Homeowners Assn Inc $156,900
Previous Owner Key Colony Homeowners Assn Inc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $1,265,000 -2.6% $864 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $1,299,000 0.0% $887 / Sq Ft
03/24/2022 03/24/22 Rented $6,875 +10.0% --
02/16/2022 02/16/22 Under Contract -- -- --
01/27/2022 01/27/22 For Rent $6,250 +48.8% --
04/10/2019 04/10/19 Rented $4,200 0.0% --
03/20/2019 03/20/19 Under Contract -- -- --
03/06/2019 03/06/19 Price Changed $4,200 -6.7% $3 / Sq Ft
01/22/2019 01/22/19 Price Changed $4,500 -8.2% $3 / Sq Ft
11/13/2018 11/13/18 Price Changed $4,900 -3.9% $3 / Sq Ft
06/14/2018 06/14/18 For Rent $5,100 0.0% --
10/27/2017 10/27/17 Sold $625,000 -3.7% $427 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
07/12/2017 07/12/17 Price Changed $648,700 -3.9% $443 / Sq Ft
06/07/2017 06/07/17 Price Changed $675,000 -3.2% $461 / Sq Ft
05/10/2017 05/10/17 Price Changed $697,000 -5.2% $476 / Sq Ft
04/11/2017 04/11/17 Price Changed $735,000 -2.5% $502 / Sq Ft
03/09/2017 03/09/17 Price Changed $754,000 -5.2% $515 / Sq Ft
03/07/2017 03/07/17 For Sale $795,000 -- $543 / 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 $13,687 $1,019,196 -- --
2023 $13,687 $789,442 $0 $0
2022 $11,607 $717,675 $0 $0
2021 $11,200 $657,019 $0 $0
2020 $10,476 $683,467 $0 $0
2019 $9,495 $614,000 $0 $0
2018 $7,906 $493,629 $0 $0
2017 $11,276 $692,591 $0 $0
2016 $10,411 $629,629 $0 $0
2015 $9,673 $572,390 $0 $0
2014 $9,165 $529,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11335854

MIAMI REALTORS® MLS

APN: 24-4232-018-0150