$625,000
SOLD OCT 27, 2017
2 Beds
2 Baths
1,464 Sq Ft
1979 Built

Recently Sold

$427 Per Sq Ft

21% Below List Price

206 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Community Kitchen
  • Key Biscayne K-8 Center Rated A-
  • Community Pool
  • Balcony

About This Home

As of June 2023

Spacious 2 bedroom, 2 bath condo in the Ocean Sound Building. Enjoy resort-style living with direct beach access, tennis courts, fully equipped gym, social room with complete kitchen for your social events, bbq area with 4 grills.

Last Agent to Sell the Property

Keith Gordon

MMLS Assoc.-Inactive Member License #3320923 Listed on: 03/07/2017

Last Buyer's Agent

Giulietta Ulloa

BHHS EWM Realty License #0658811

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,411

Year Built

  • Built in 1979

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,464 Sq Ft Home
  • Wet Bar
  • Blinds
  • Casement Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • West Facing Home
  • East of U.S. Route 1

Listing and Financial Details

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

Community Details

Overview

  • Property has a Home Owners Association
  • 1,200 Units
  • Mid-Rise Condominium
  • Ocean Sound Condos
  • Key Colony No 2 Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Community Kitchen
  • Community Library
  • Secure Lobby
  • Interior Hall
  • Community Storage Space
  • Elevator

Recreation

  • Community Playground
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,411

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Directions: Crandon Boulevard, enter at KEY COLONY
  • 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
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, Lobby, Elevator, Walk-In Closet(s), Wet Bar, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1464
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Blinds, Casement
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Ocean Sound
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Complex Fenced, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Amenities: Bike/Jog Path, Barbecue, Elevator(s), Exercise Room, Storage, Kitchen Facilities, Library, Other, Child Play Area, Pool
  • 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

  • Number Of Units In Community: 1200

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 10411

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 Type Sale Price Title Company
Warranty Deed $1,265,000 Assure America Title
Warranty Deed $625,000 Attorney
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Previous Owner $156,900 New Conventional
Previous Owner $250,000 New Conventional
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: A10237253

MIAMI REALTORS® MLS

APN: 24-4232-018-0150