NOT LISTED FOR SALE

Estimated Value: $2,058,000 - $2,470,000

2 Beds
2 Baths
1,683 Sq Ft
$2,136/mo HOA Fee

Last Sold June 11, 2021

Last sale price $1,900,000 $1,129 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $16,611/month

64 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Heated Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Tennis Courts

About This Home

As of June 2021

Beautiful and fully remodeled 2 Bedroom + Den/study and 2 Bathroom condo offering 1,683SF of living space. This magazine-worthy unit offers an oversized balcony with enough space for a complete outside living room from which you can enjoy direct & wide ocean views. The living room and master bedroom also provide for superb waterviews. Other features include a den, walk-in closet, a storage and 2 parking spaces. This unit is located in the established Key Colony 2 ('Oceansound') condo on a 40 acre beach front and gated property with 12 tennis courts, several pools, a gym and much more.

Last Listed By

David Siddons

Douglas Elliman License #3225344 Listed on: 03/09/2021

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,842

Year Built

  • Built in 1979

Lot Details

  • East Facing Home

HOA Fees

  • $2,136 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,683 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Schools

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

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-018-2760

Community Details

Overview

  • 310 Units
  • Mid-Rise Condominium
  • Key Colony No 2 Condo
  • Key Colony No 2 Condo,Key Colony No 2 Cond Subdivision, Ocean Sound Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 12-Story Property

Amenities

  • Doorman
  • Business Center

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,842

Year Built

Built in 1979

Lot Details

0

HOA Fees

$2,136 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Co List Office Mls Id: DEOM19
  • Co List Office Phone: 305-695-6060
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Master Model: Ocean Sound
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: KEY COLONY NO 2 CONDO,KEY COLONY NO 2 COND
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Other, Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1683
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KEY COLONY NO 2 CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Guest, 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: Doorman, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 6409
  • Amenities: Business Center, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Other, Child Play Area, Pool, Private Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 24-42-32-018-2760
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 310
  • Number Of Units Total: 310

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 17842

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2024
Sold by
Paracas 2 Beach Inc
Bought by
Colombier Beach Corp
Total Days on Market
64
Current Estimated Value
$2,240,872

Purchase Details

Listed on
Mar 9, 2021
Closed on
Jun 18, 2021
Sold by
Tauride
Bought by
Paracas 2 Beach Inc
Seller's Agent
David Siddons
Douglas Elliman
Buyer's Agent
Carla Datorre
Datorre Realty Group
List Price
$1,800,000
Sold Price
$1,900,000
Premium/Discount to List
$100,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%

Purchase Details

Closed on
Aug 8, 1995
Sold by
Omega Svc Ltd
Bought by
Tauride Inv Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.48%

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
Colombier Beach Corp $2,400,000 None Listed On Document
Paracas 2 Beach Inc $1,900,000 Attorney
Tauride Inv Ltd $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tauride Investments Limited $620,000
Previous Owner Tauride Investments Ltd $600,000
Previous Owner Tauride Inv Ltd $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $1,900,000 +5.6% $1,129 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $1,800,000 -- $1,070 / 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 $23,184 $1,493,938 -- --
2023 $23,184 $1,358,126 $0 $0
2022 $19,823 $1,234,660 $0 $0
2021 $14,715 $881,900 $0 $0
2020 $14,561 $881,911 $0 $0
2019 $17,842 $1,078,000 $0 $0
2018 $17,884 $1,116,694 $0 $0
2017 $17,861 $1,105,638 $0 $0
2016 $18,282 $1,105,638 $0 $0
2015 $18,951 $1,086,604 $0 $0
2014 $17,799 $987,822 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11010396

MIAMI REALTORS® MLS

APN: 24-4232-018-2760