NOT LISTED FOR SALE

Oceansound 251 Crandon Blvd Unit 509 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $1,523,191 - $2,397,000

3 Beds
3 Baths
1,677 Sq Ft
$1,160/mo HOA Fee

Last Sold May 16, 2016

Last sale price $1,140,000 $680 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,996/month

63 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Newly Remodeled
  • Roman Tub

About This Home

As of May 2016

Completely remodeled 3 bedroom/ 3 full baths with ocean and garden views. Open floor plan, bright, large balcony, laundry room, many closets, direct oceanfront building with many amenities including, beach, pools, tennis courts, gym, 24 hr. security, valet parking, cable TV, grocery store, beauty salon, and restaurant.
Excellent investment opportunity! Tenant occupied until June 2016 and willing to renew lease. Rent amount is $5,900.00 monthly.

Last Listed By

Jackie Radice

Arch Realty Inc License #3102965 Listed on: 02/11/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,191

Year Built

  • Built in 1979 | Newly Remodeled

Lot Details

  • South Facing Home

HOA Fees

  • $1,160 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Deeded Parking
  • Assigned Parking

Home Design

  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,677 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Schools

  • Keybiscayne Elementary School

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-018-0750

Community Details

Overview

  • Mid-Rise Condominium
  • Oceansound Condos
  • Key Colony Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,191

Year Built

Built in 1979 | Newly Remodeled

Lot Details

0

HOA Fees

$1,160 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Split Level
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Key Colony
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Pantry, Roman Tub, Split Bedroom, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1677
  • Possible Use: Primary
  • Stories: 12
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Ocean View, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Oceansound
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Deeded

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1160
  • Amenities: Bike/Jog Path, Bike Storage, Barbecue, Elevator(s), Exercise Room, Heated Pool, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-42-32-018-0750
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 1160

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 11191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
May 16, 2016
Sold by
Lorca Maria Cecilia
Bought by
Galindo Orlando Castellanos and Garcia Mariley Perez
Seller's Agent
Jackie Radice
Arch Realty Inc
Buyer's Agent
Paula Alvarez Ciceri
Berkshire Hathaway HomeServices Florida Realty
List Price
$1,200,000
Sold Price
$1,140,000
Premium/Discount to List
-$60,000
-5%
Total Days on Market
63
Current Estimated Value
$1,788,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,048
Avg. Annual Appreciation
5.48%
Original Mortgage
$855,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2012
Sold by
Sierra John J and Dueipo Maria Delpilar
Bought by
Lorea Maria Cecilia

Purchase Details

Closed on
Aug 21, 2007
Sold by
Albatros Holdings Llc
Bought by
Sierra John J and Queipo Maria Delpilar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Bucaria International Corp
Bought by
Albatros Holdings Llc

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
Galindo Orlando Castellanos $1,140,000 Florida Title & Guarantee Ag
Lorea Maria Cecilia $850,000 Attorney
Sierra John J $900,000 Us Title Services Inc
Albatros Holdings Llc $532,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galindo Orlando Castellanos $700,000
Closed Galindo Orlando Castellanos $855,000
Previous Owner Sierra John J $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $1,140,000 -5.0% $680 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $1,200,000 0.0% $716 / Sq Ft
06/15/2015 06/15/15 Rented $5,900 -4.8% --
05/16/2015 05/16/15 Under Contract -- -- --
03/31/2015 03/31/15 For Rent $6,200 -- --
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 $9,921 $675,523 -- --
2023 $9,921 $655,848 $0 $0
2022 $9,692 $636,746 $0 $0
2021 $9,728 $618,200 $0 $0
2020 $9,559 $618,180 $0 $0
2019 $12,625 $802,000 $0 $0
2018 $13,067 $855,416 $0 $0
2017 $13,913 $900,438 $0 $0
2016 $11,028 $705,845 $0 $0
2015 $11,191 $700,939 $0 $0
2014 $11,360 $695,376 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jackie Radice

    Arch Realty Inc

    (305) 361-1550

    1 in this area

    13 Total Sales

    Jackie Radice
    Section Image
  • Paula Alvarez Ciceri

    Buyer's Agent in 2016

    Paula Alvarez Ciceri

    Berkshire Hathaway HomeServices Florida Realty

    (954) 315-6000

    2 Total Sales

    Paula Alvarez Ciceri
    Section Image

  • A

    Buyer's Agent in 2015

    Anabella Daes

    Capital Intl Realty LLC

    (954) 588-1537

    4 in this area

    8 Total Sales

    Anabella Daes
    Section Image
See All Agents

About Oceansound

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10032484

MIAMI REALTORS® MLS

APN: 24-4232-018-0750

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

251 Crandon Blvd Unit 509, Key Biscayne, FL

Homes for Sale in Key Biscayne, FL

This home is located at 251 Crandon Blvd Unit 509, Key Biscayne, FL 33149 since 11 February 2016 and is currently estimated at $1,788,048, approximately $1,066 per square foot. This property was built in 1979. 251 Crandon Blvd Unit 509 is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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