NOT LISTED FOR SALE

Estimated Value: $1,303,000 - $1,499,000

2 Beds
2 Baths
1,532 Sq Ft
$1,060/mo HOA Fee

Last Sold June 23, 2017

Last sale price $800,000 $522 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,917/month

261 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Private Beach Pavilion
  • Roman Tub

About This Home

As of June 2017

Best value, view and condition:beachfront condo w/BBQ are, gym, 2 pools. Private beach, oceanside cafe & Olympic, tennis courts, salon, gourmet market, valet parking. Balcony ocean view, newer white kitchen, marble flrs.

Last Agent to Sell the Property

Sheryl DiCarlo

BHHS EWM Realty License #0331057 Listed on: 09/07/2016

BHHS EWM Realty

Last Buyer's Agent

Maria Elena Vinces

Coldwell Banker Realty License #3235449

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,156

Year Built

  • Built in 1979

Lot Details

  • North Facing Home

HOA Fees

  • $1,060 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,532 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Storage Room
  • Marble Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bidet
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-018-1780

Community Details

Overview

  • 1,200 Units
  • Mid-Rise Condominium
  • Ocean Sound Condos
  • Key Colony Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Car Wash Area
  • 12-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Community Kitchen
  • Community Library
  • Elevator
  • Secure Lobby
  • Interior Hall
  • Bike Room
  • Community Storage Space

Recreation

  • Private Beach Pavilion
  • Community Playground

Pet Policy

  • Breed Restrictions

Building Details

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,156

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,060 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Directions: Crandon Blvd. to the second traffic light: E on Key Colony. Directions at guard house. Free valet parking.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Restricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Key Colony
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, Lobby, First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers, Pantry, Roman Tub, Wet Bar, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1532
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Hurricane Shutters, Blinds, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Storage Room
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Complex Fenced, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1060
  • Amenities: Bike Storage, Barbecue, Elevator(s), Exercise Room, Storage, Kitchen Facilities, Library, Other, Child Play Area, Pool, Private Beach Pavilion, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-42-32-018-1780
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1060
  • Number Of Units In Community: 1200

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2019
Sold by
Melc Llc
Bought by
Melc Trust
Current Estimated Value
$1,355,482

Purchase Details

Closed on
Apr 30, 2019
Sold by
Melc Trust
Bought by
Melc Llc

Purchase Details

Closed on
Dec 5, 2018
Sold by
Melc Llc
Bought by
Eggleston Elias Carlos Enrique Font and Eggleston Font Dianne

Purchase Details

Listed on
Sep 7, 2016
Closed on
Jun 23, 2017
Sold by
Fischer Isidor
Bought by
Melc Llc
Seller's Agent
Sheryl DiCarlo
BHHS EWM Realty
Buyer's Agent
Maria Elena Vinces
Coldwell Banker Realty
List Price
$949,000
Sold Price
$800,000
Premium/Discount to List
-$149,000
-15.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Aug 29, 2005
Sold by
Ferro Rita M
Bought by
Fischer Isidor

Purchase Details

Closed on
Aug 28, 2003
Sold by
Global Strategies Enterprises Corp
Bought by
Ferro Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1998
Sold by
Clearence Corp
Bought by
Global Strategies Enterprises Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 1993
Sold by
Alfonso Fernando D and Alfonso Adriana L Macchia De
Bought by
Clearnace Corp
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
Melc Trust -- Attorney
Melc Llc -- Attorney
Eggleston Elias Carlos Enrique Font -- Attorney
Melc Llc $800,000 Nu World Title Llc
Fischer Isidor $660,000 --
Ferro Rita M $369,000 --
Global Strategies Enterprises Corp $260,000 --
Clearnace Corp $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferro Rita M $62,000
Previous Owner Ferro Rita M $295,200
Previous Owner Global Strategies Enterprises Corp $288,000
Previous Owner Global Strategies Enterprises Corp $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $800,000 0.0% $522 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/23/2017 05/23/17 Price Changed $800,000 -3.5% $522 / Sq Ft
01/19/2017 01/19/17 Price Changed $829,000 -3.5% $541 / Sq Ft
10/25/2016 10/25/16 Price Changed $859,000 -3.4% $561 / Sq Ft
10/05/2016 10/05/16 Price Changed $889,000 -6.3% $580 / Sq Ft
09/07/2016 09/07/16 For Sale $949,000 -- $619 / 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
2025 $8,393 $585,032 -- --
2024 $8,263 $568,545 -- --
2023 $8,263 $551,986 $0 $0
2022 $8,089 $535,909 $0 $0
2021 $8,117 $520,300 $0 $0
2020 $7,942 $520,251 $0 $0
2019 $8,123 $530,000 $0 $0
2018 $10,829 $676,137 $0 $0
2017 $7,043 $475,168 $0 $0
2016 $7,052 $465,395 $0 $0
2015 $7,156 $462,160 $0 $0
2014 $7,264 $458,493 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10143528

MIAMI REALTORS® MLS

APN: 24-4232-018-1780