NOT LISTED FOR SALE

Estimated Value: $1,329,567 - $1,464,000

2 Beds
2 Baths
1,532 Sq Ft
1979 Built

Last Sold February 06, 2020

Last sale price $675,000 $441 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $8,867/month

Highlights

  • Ocean View
  • Property has ocean access
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Bar or Lounge
  • Intercom to Front Desk

About This Home

As of June 2022

Beautiful 2/2 unit with south exposure and ocean views in Key Colony's thought-after Ocean Sound. Italien ceramic tiles throughout incl. terrace. High-glossy ceiling in living and dining area. Kitchen featuring Brazilian granite counter-top, ceramic mosaic back-splash, custom wood cabinets and stainless steel appliances. Resort style community with direct beach access, sun chairs and umbrellas, ocean pool with restaurant/bar, olympic size pool, 12 tennis courts, BBQ area, gym, social room, beauty salon, deli, and many more. Walking distance to shops and restaurants. A-rated public schools.

Last Agent to Rent the Property

Maraly Caban

EXP Realty LLC License #3396067 Listed on: 03/21/2022

EXP Realty LLC

Co-Listed By

Michael Gebhard

LPT Realty, LLC License #3377795

Last Renter's Agent

Deborah Malca

Fortune Christie's International Real Estate License #3136926

Fortune Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,041

Year Built

  • Built in 1979

Lot Details

Parking

  • 1 Car Attached Garage

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,532 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Property Available on 3/21/22
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-42-32-018-1210

Community Details

Overview

  • No Home Owners Association
  • Key Colony No 2 Condo
  • Key Colony No 2 Condo,The Ocean Sound Subdivision
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Bar or Lounge
  • Intercom to Front Desk
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$17,041

Year Built

Built in 1979

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-03-21
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Co List Office Mls Id: RJFH01
  • Co List Office Phone: 352-229-1187
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other,Restricted Salt Water Access
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: KEY COLONY NO 2 CONDO,The Ocean Sound
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1532
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter

Exterior Features

  • View: Garden, Ocean, Water
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • 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, Parking Garage, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated with Guard, Intercom In Lobby, Security Patrol

Condo/Co-op/Association

  • Amenities: Bar, Community Pool, Elevator(s), Exercise Room, Guard At Gate, Maintained Community, Other
  • Association: No
  • Community Features: Tennis, Private Roads, Security Patrol

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-018-1210
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Feb 4, 2020
Sold by
Faventia Llc
Bought by
Manrique Oscar E and Romero Nagiha Saheli
Seller's Agent
Jacqueline Regnault
Cervera Real Estate Inc.
Buyer's Agent
Maraly Caban
EXP Realty LLC
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,348,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,477
Avg. Annual Appreciation
14.13%
Original Mortgage
$540,000
Outstanding Balance
$480,164
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$915,978

Purchase Details

Closed on
Oct 23, 2017
Sold by
Verita Renzo and Cipolla Amina
Bought by
Faventia Llc

Purchase Details

Closed on
Dec 14, 2004
Sold by
Tughela Sa
Bought by
Verita Renzo and Cipolla Amina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Manrique Oscar E $675,000 Gulf Stream Title Llc
Faventia Llc $485,000 Attorney
Verita Renzo $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manrique Oscar E $540,000
Previous Owner Verita Renzo $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Rented $7,000 -17.6% --
05/13/2022 05/13/22 Under Contract -- -- --
04/14/2022 04/14/22 Price Changed $8,500 -3.4% $6 / Sq Ft
03/21/2022 03/21/22 For Rent $8,800 0.0% --
02/06/2020 02/06/20 Sold $675,000 0.0% $441 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
11/12/2019 11/12/19 For Sale $675,000 0.0% $441 / Sq Ft
02/01/2018 02/01/18 Rented $3,750 0.0% --
11/01/2017 11/01/17 For Rent $3,750 -- --
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
2025 $17,041 $1,110,555 -- --
2024 $15,456 $1,062,270 -- --
2023 $15,456 $965,700 $0 $0
2022 $8,089 $535,909 $0 $0
2021 $8,117 $520,300 $0 $0
2020 $8,590 $520,251 $0 $0
2019 $8,772 $530,000 $0 $0
2018 $10,834 $676,461 $0 $0
2017 $10,407 $644,249 $0 $0
2016 $10,983 $664,174 $0 $0
2015 $11,384 $652,734 $0 $0
2014 $10,692 $593,395 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11176727

MIAMI REALTORS® MLS

APN: 24-4232-018-1210