NOT LISTED FOR SALE

Estimated Value: $609,000 - $825,000

2 Beds
2 Baths
1,036 Sq Ft
$580/mo HOA Fee

Last Sold August 12, 2022

Last sale price $600,000 $579 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,182/month

24 Days on Market

Highlights

  • Newly Remodeled
  • Clubhouse
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Wood Flooring
  • 5-minute walk to Paradise Park

About This Home

As of August 2022

This 2/2 split plan at Solimar has many special features. Built in 1979, it is the newest condo on Galen Drive. The 40-year certification has been completed. The unit comes with a washer and dryer inside and two parking spaces, one covered (#63) and one uncovered (#54). There are no special assessments, and the condo documents were updated 3 years ago. The building is well managed and secure with a manager in residence, security cameras and security phone access. The lobby and all the first floor space is raised well above street level for exceptional flood protection, and there are hurricane shutters for all windows. The unit is in excellent condition, and the A/C and roof are just two years old. Deeded access to the beach is 1/2 block away, next to the Ritz Carlton.

Last Agent to Sell the Property

Steven Minor

Steven A Minor PA License #3027961 Listed on: 06/19/2022

Last Buyer's Agent

Jose Maria De Guzman

Viel & De Guzman Inc. License #3250000

Viel & De Guzman Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,931

Year Built

  • Built in 1979 | Newly Remodeled

Lot Details

  • South Facing Home

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,036 Sq Ft Home
  • 4-Story Property
  • Storage Room
  • Garden Views
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • Detached Carport Space
  • 2 Car Parking Spaces
  • Open Parking

Schools

  • Keybiscayne Elementary School
  • Carver; G.W. Middle School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-042-0090

Community Details

Overview

  • Low-Rise Condominium
  • Solimar Condos
  • Solimar Condo Of Key Bisc Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator
  • Secure Lobby
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Phone Entry
  • Complete Panel Shutters or Awnings
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,931

Year Built

Built in 1979 | Newly Remodeled

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Carport Y N: Yes
  • Directions: Enter Key Biscayne on Crandon Boulevard and continue South. Turn left on Galen Drive (in front of the Fire Station), and go to 255 Galen (on the left side of the street).
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SOLIMAR CONDO OF KEY BISC
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Split Bedroom, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 1036
  • Possible Use: Primary
  • Stories: 4
  • Window Features: Complete Panel Shutters/Awnings, Hurricane Shutters
  • Bedroom Features: Master Bath Shower
  • Living Room Features: Storage Room

Exterior Features

  • View: Garden View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SOLIMAR
  • Open Parking: Yes
  • Parking Features: Detached Carport, 2 Or More Spaces, Open, Parking-Under Building

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Fuse Box
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Smoke Detector, Phone Entry, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 580
  • Amenities: Barbecue, Clubhouse-Clubroom, Elevator(s), Storage, Exterior Lighting, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy
  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel Number: 24-52-05-042-0090
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5931

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Diaz Gisella Marianna De Casanova
Bought by
Gdc International Investments Llc
Current Estimated Value
$704,627

Purchase Details

Listed on
Jun 19, 2022
Closed on
Aug 12, 2022
Sold by
Talot Inc
Bought by
Decasanova Gisella M
Seller's Agent
Steven Minor
Steven A Minor PA
Buyer's Agent
Jose Maria De Guzman
Viel & De Guzman Inc.
List Price
$619,500
Sold Price
$600,000
Premium/Discount to List
-$19,500
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%

Purchase Details

Listed on
Jun 21, 2017
Closed on
Jan 3, 2018
Sold by
Morales Manuel R and Morales Beatriz F
Bought by
Talot Inc
Seller's Agent
Derek Varona
Sea Grove Realty
Buyer's Agent
Mario Valbuena
Miller Eaton LLC
List Price
$475,000
Sold Price
$420,000
Premium/Discount to List
-$55,000
-11.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Jun 16, 2015
Sold by
Morales Manuel R
Bought by
Morales Manuel R and Morales Beatriz F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,300
Interest Rate
3.88%
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 Buyer Sale Price Title Company
Gdc International Investments Llc -- None Listed On Document
Gdc International Investments Llc -- None Listed On Document
Decasanova Gisella M $600,000 Carlos Garcia Pa
Talot Inc $420,000 Miami Title Group Inc
Morales Manuel R -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Manuel R $237,300
Previous Owner Morales Manuel R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $600,000 -3.1% $579 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
06/19/2022 06/19/22 For Sale $619,500 +47.5% $598 / Sq Ft
01/05/2018 01/05/18 Sold $420,000 -2.3% $405 / Sq Ft
10/27/2017 10/27/17 Price Changed $430,000 -2.1% $415 / Sq Ft
09/21/2017 09/21/17 Price Changed $439,000 -1.9% $424 / Sq Ft
08/31/2017 08/31/17 Price Changed $447,500 -0.3% $432 / Sq Ft
08/01/2017 08/01/17 Price Changed $449,000 -2.4% $433 / Sq Ft
06/27/2017 06/27/17 Price Changed $460,000 -3.2% $444 / Sq Ft
06/21/2017 06/21/17 For Sale $475,000 -- $458 / 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 $8,108 $501,264 -- --
2023 $8,108 $501,264 $0 $0
2022 $5,735 $348,100 $0 $0
2021 $5,931 $348,100 $0 $0
2020 $5,580 $338,000 $0 $0
2019 $5,594 $338,000 $0 $0
2018 $5,521 $344,760 $0 $0
2017 $5,468 $333,697 $0 $0
2016 $5,319 $303,361 $0 $0
2015 $5,085 $275,783 $0 $0
2014 $4,586 $250,712 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11224706

MIAMI REALTORS® MLS

APN: 24-5205-042-0090