NOT LISTED FOR SALE

Estimated Value: $5,614,000 - $6,302,000

4 Beds
5.5 Baths
3,950 Sq Ft
$2,804/mo HOA Fee

Last Sold July 31, 2012

Last sale price $2,400,000 $608 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $38,519/month

203 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Community Cabanas
  • Sitting Area In Primary Bedroom

About This Home

As of July 2012

Unique 1st floor beachfront corner Lanai condo conveys the atmosphere of a waterfront home with 2,445 SF private terraces & direct access to pool & beach. Beautifully appointed elegant residence with natural light & spacious living spaces. Largest floor plan with 3/4.5, 1/1 staff quarters & fabulous master suite. 24/7 full service building with luxury amenities. Seller will consider option to transfer GB Club membership & oceanfront cabana with access to Ritz Carlton spa, tennis club & fitness center.

Last Agent to Sell the Property

Ileana Larrubia

BHHS EWM Realty License #3028769 Listed on: 11/09/2011

BHHS EWM Realty

Last Buyer's Agent

Susana Roth

BHHS EWM Realty License #3114204

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,960

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $2,804 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Deeded Parking

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,950 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Security System

Kitchen

  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Property has ocean access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-060-0010

Community Details

Overview

  • 239 Units
  • High-Rise Condominium
  • Grand Bay Towers Condos
  • Grand Bay Towers Subdivision, A Lanai 6380 Sf Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Property has 1 Level

Amenities

  • Doorman
  • Sauna
  • Business Center
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Cabanas

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,960

Year Built

Built in 1999

Lot Details

0

HOA Fees

$2,804 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: TAKE CRANDON BLVD NORTH. MAKE LEFT @ GRAND BAY RESIDENCES/RITZ CARLTON COMPLEX ENTRANCE. PAST GUARD GATE & TENNIS CLUB, TOWER II IS THE LAST BUILDING ON THE RIGHT BEFORE THE GRAND BAY CLUB & CLOSEST TO THE BEACH.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 1
  • Master Model: A Lanai 6380 SF
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Grand Bay Towers
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Cooking Island, Elevator, Entrance Foyer, Laundry Tub, Roman Tub, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3950
  • Possible Use: Unknown/Withheld
  • Stories: 14
  • Window Features: Hurricane Shutters, Sliding, Thermal Windows
  • Bedroom Features: Sitting Area - Primary Bedroom, Entry Level
  • Dining Room Features: Formal Dining
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Bidet, Separate Tub & Shower

Exterior Features

  • View: Garden View, Ocean View, Pool Area View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Disclosures: Disclosure
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Grand Bay Towers
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Deeded, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Security System, Smoke Detector, Doorman, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 2804
  • Amenities: Bike Storage, Business Center, Cabana, Elevator(s), Exercise Room, Storage, Heated Pool, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-060-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2804
  • Number Of Units In Community: 239
  • Number Of Units Total: 101

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 31960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2016
Sold by
Fresh Arte Llc
Bought by
Guijarro Raul and Gomez Mariatrinidad Aguirre
Current Estimated Value
$5,935,084

Purchase Details

Listed on
Nov 9, 2011
Closed on
Jul 31, 2012
Sold by
Belden Henry S and Belden Barbara V
Bought by
Arte Llc
Seller's Agent
Ileana Larrubia
BHHS EWM Realty
Buyer's Agent
Susana Roth
BHHS EWM Realty
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$960,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2005
Sold by
Pulver Lance C and Pulver Tania E
Bought by
Belden Henry S and Belden Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 17, 2005
Sold by
Gerald E Pulver Revocable Trust
Bought by
Pulver Lance C and Pulver Tania E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 15, 2000
Sold by
Grand Bay Tower Associates
Bought by
Pulver Real Estate Partners Ltd
Source: Public Records

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
Guijarro Raul $1,440,600 Attorney
Arte Llc $24,000 None Available
Belden Henry S $2,150,000 --
Pulver Lance C -- Universal Title Company
Sybil Pulver Irrevocable Trust -- Universal Title Company
Pulver Enterprises Inc -- Universal Title Company
Pulver Real Estate Partners Ltd $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pulver Real Estate Partners Ltd $400,000
Previous Owner Fresh Arte Llc $1,500,000
Previous Owner Arte Llc $960,000
Previous Owner Belden Henry S $2,150,000
Previous Owner Pulver Real Estate Partners Ltd $130,000
Previous Owner Pulver Real Estate Partners Ltd $180,000
Previous Owner Pulver Real Estate Partners Ltd $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $2,400,000 0.0% $608 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
11/09/2011 11/09/11 For Sale $2,400,000 -- $608 / 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 $41,262 $2,744,493 -- --
2024 $40,687 $2,667,146 -- --
2023 $40,687 $2,589,463 $0 $0
2022 $39,524 $2,514,042 $0 $0
2021 $39,720 $2,440,818 $0 $0
2020 $39,095 $2,407,119 $0 $0
2019 $38,297 $2,353,000 $0 $0
2018 $39,032 $2,476,656 $0 $0
2017 $44,454 $2,751,840 $0 $0
2016 $50,476 $2,874,960 $0 $0
2015 $54,157 $3,146,000 $0 $0
2014 $51,533 $2,860,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1571774

MIAMI REALTORS® MLS

APN: 24-5205-060-0010