$420,000
SOLD JAN 5, 2018
2 Beds
2 Baths
1,036 Sq Ft
$477/mo HOA Fee

Recently Sold

$405 Per Sq Ft

12% Below List Price

163 Days on Market

Highlights

  • Property has ocean access
  • Waterfront
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Clubhouse
  • 5-minute walk to Paradise Park

About This Home

As of August 2022

Featuring private beach access, this 2 bedroom/2 bathroom unit is located on a quiet and tree-lined street. The Solimar Condo unit comes with 2 assigned parking spaces (one covered), hurricane shutters, and new/never-used appliances. Enjoy the resort lifestyle Key Biscayne has to offer with restaurants, shops and the beach all within a short walk.

Last Agent to Sell the Property

Derek Varona

Sea Grove Realty License #3245277 Listed on: 06/21/2017

Co-Listed By

Federico Moreno

MMLS Assoc.-Inactive Member License #3265059

Last Buyer's Agent

Mario Valbuena

Miller Eaton LLC License #3260736

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,319

Year Built

  • Built in 1979

Lot Details

  • Waterfront
  • South Facing Home

HOA Fees

  • $477 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,036 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Additional Features

  • Property has ocean access
  • Central Heating and Cooling System

Listing and Financial Details

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

Community Details

Overview

  • 39 Units
  • Low-Rise Condominium
  • Solimar Condos
  • Solimar Subdivision

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Elevator
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Heated Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Maintenance Expense $475
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,319

Year Built

Built in 1979

Lot Details

0

HOA Fees

$477 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Co List Office Mls Id: SSGR01
  • Co List Office Phone: 305-720-0077
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: Solimar
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Other, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1036
  • Possible Use: Primary
  • Stories: 4
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Solimar
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 477
  • Amenities: Bike Storage, Barbecue, Clubhouse-Clubroom, Elevator(s), Storage, Heated Pool, Exterior Lighting, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

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

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 475
  • Number Of Units In Community: 39
  • Number Of Units Total: 39

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5319

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
$703,639

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
6.79%

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

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $600,000 Carlos Garcia Pa
Warranty Deed $420,000 Miami Title Group Inc
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $237,300 New Conventional
Previous Owner $100,000 Credit Line Revolving
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
2025 $7,982 $501,264 -- --
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: A10297727

MIAMI REALTORS® MLS

APN: 24-5205-042-0090