$435,000
SOLD MAR 15, 2022 RENTED MAR 31, 2025
2 Beds
2 Baths
1,020 Sq Ft
$500/mo HOA Fee

Recently Sold

$426 Per Sq Ft

1% Above List Price

34 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Community Pool
  • Private Dock
  • Clubhouse
  • High Impact Windows

About This Home

As of March 2022

Dream unit and location, with Dockage available! YES. Amazing updated and spacious intercoastal views in sought after Palm Aire at Coral Key. 2 beds baths on top floor! Partial tile floor & Berber carpet. Impact windows/sliding door, washer & dryer hookup inside unit, plus laundry room on same floor. Freshly painted, great condition, New vanity and kitchen counter top. Storage unit on same floor, Maintenance includes Wi-Fi & cable. Dockage $3.00a ft up to 45'. Storage for kayaks/Paddle boards, BBQ-picnic area, heated pool with clubhouse, vehicle wash station. Building passed 40-year inspection, nicely painted and updated. Association has reserves. 1 year owner occupied rental restriction. Will not last. A must see on Saturday the 12th from 12:30 pm to 4:00 pm

Last Agent to Sell the Property

MariCarmen Rodriguez

Century 21 King Realty License #3128727 Listed on: 02/08/2022

Century 21 King Realty

Co-Listed By

Carmen Cue

Century 21 King Realty License #3310281

Last Buyer's Agent

Harry Moumdjian

Campbell & Rosemurgy Real Est License #3121135

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,207

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Intracoastal
  • Garden
  • Pool

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,020 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Parking Spaces
  • Guest Parking

Outdoor Features

  • Property has ocean access
  • Private Dock
  • Patio
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 484308AG0580

Community Details

Overview

  • Low-Rise Condominium
  • Palm Aire Condos
  • Palm Aire At Coral Key 3 Subdivision
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Center
  • Party Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,207

Year Built

Built in 1971 | Remodeled

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Co List Office Mls Id: KGRY01
  • Co List Office Phone: 305-651-6161
  • Directions: Pls use GPS
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: PALM-AIRE AT CORAL KEY 3
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1020
  • Possible Use: Secondary
  • Stories: 4
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: Master Bath Shower
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View, Intracoastal View, Pool Area View
  • Exterior Features: Exterior Cat Walk, Other, Barbeque
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Palm Aire
  • Parking Features: 1 Space, 2 Or More Spaces, Guest

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Elevator Secure

Condo/Co-op/Association

  • Association Fee: 500
  • Amenities: Boat Dock, Barbecue, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Storage, Other, Pool, Shuffleboard, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484308AG0580
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 500

Tax Info

  • Tax Year: 2001
  • Tax Annual Amount: 5207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Apr 23, 2025
Sold by
Sahanian Development Llc
Bought by
Sahanian Alen
Seller's Agent
Shakie Iskandarian
Beautiful Homes Realty Inc
Sold Price
$2,900
Views
29
Current Estimated Value
$486,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,233

Purchase Details

Closed on
Nov 11, 2022
Sold by
Sahanian Alen
Bought by
Sahanian Development Llc

Purchase Details

Closed on
May 2, 2018
Sold by
Sherwood James Jsherwood and Sherwood Dennis M
Bought by
Sherwood Dennis M

Purchase Details

Closed on
Jul 21, 2014
Sold by
Sherwood Dennis M
Bought by
Sherwood Dennis M and Sherwood James J

Purchase Details

Closed on
May 1, 2012
Sold by
Sherwood Ellen M and Hanson Ellen M
Bought by
Sherwood Ellen M and Sherwood Dennis M

Purchase Details

Closed on
Aug 28, 2002
Sold by
Wachovia Bank National Assn
Bought by
Hanson Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.12%

Purchase Details

Closed on
May 15, 2000
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
May 18, 1994
Sold by
Weston O Morton and Jackson Priscilla
Bought by
Springsteed Richard E and Springsteed Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.48%

Purchase Details

Closed on
Jan 1, 1990
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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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
Warranty Deed -- None Listed On Document
Quit Claim Deed -- --
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed $40,000 None Available
Deed $150,000 --
Warranty Deed $10,000 --
Personal Reps Deed $90,000 --
Warranty Deed $73,857 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Previous Owner $142,500 No Value Available
Previous Owner $40,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Rented $2,900 -3.3% --
02/26/2025 02/26/25 Under Contract -- -- --
01/28/2025 01/28/25 Price Changed $3,000 -7.7% $3 / Sq Ft
01/02/2025 01/02/25 Price Changed $3,250 -4.4% $3 / Sq Ft
11/19/2024 11/19/24 For Rent $3,400 0.0% --
03/15/2022 03/15/22 Sold $435,000 +1.4% $426 / Sq Ft
02/08/2022 02/08/22 For Sale $429,000 0.0% $421 / Sq Ft
04/15/2014 04/15/14 For Rent $1,500 +7.1% --
04/15/2014 04/15/14 Rented $1,400 -- --
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 $7,066 $358,460 $35,850 $322,610
2024 $8,132 $358,460 $35,850 $322,610
2023 $8,132 $419,630 $41,960 $377,670
2022 $5,625 $291,070 $0 $0
2021 $5,207 $264,610 $0 $0
2020 $4,567 $240,560 $24,060 $216,500
2019 $4,455 $232,640 $23,260 $209,380
2018 $4,334 $238,340 $23,830 $214,510
2017 $4,142 $211,720 $0 $0
2016 $3,957 $192,480 $0 $0
2015 $3,790 $174,990 $0 $0
2014 $3,571 $159,090 $0 $0
2013 -- $149,220 $14,920 $134,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11157852

MIAMI REALTORS® MLS

APN: 48-43-08-AG-0580