NOT LISTED FOR SALE

Estimated Value: $3,517,000 - $3,965,000

3 Beds
4 Baths
2,840 Sq Ft
$2,504/mo HOA Fee

Last Sold October 12, 2022

Last sale price $3,450,000 $1,215 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $26,391/month

68 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Property has ocean access
  • Waterfront

About This Home

As of October 2022

Grand Bay Residences, one of the most prestigious and established buildings in the island. Completely remodel unit with a great lay out. 3 Bedrooms, 4 Baths, laundry and Maids Quarter. The building offer great amenities including private beach access with chair services, spa and gym, pool, valet parking, 24 hours concierge and conference room.
Ready to move in. Easy to show.

Last Agent to Sell the Property

Monica Slodarz

Compass Florida, LLC License #0627856 Listed on: 07/06/2022

Compass Florida, LLC

Last Buyer's Agent

Monica Slodarz

Compass Florida, LLC License #0627856 Listed on: 07/06/2022

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,592

Year Built

  • Built in 1999

HOA Fees

  • $2,504 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 2,840 Sq Ft Home
  • Built-In Features
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub

Home Security

Additional Features

  • Property has ocean access
  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-060-0760

Community Details

Overview

  • High-Rise Condominium
  • Grand Bay Tower Condos
  • Grand Bay Tower Condo Subdivision
  • 15-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Lobby
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,592

Year Built

Built in 1999

Lot Details

0

HOA Fees

$2,504 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GRAND BAY TOWER CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 2840
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 15
  • Bedroom Features: Master Bath Tub

Exterior Features

  • View: Intracoastal View, Ocean View
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: GRAND BAY TOWER
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Doorman, Elevator Secure, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2504
  • Amenities: Bike Storage, Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 24-52-05-060-0760
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 28592

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Oct 12, 2022
Sold by
Andrea Us Investments Corp
Bought by
Lanzas Southeast Inc
Seller's Agent
Monica Slodarz
Compass Florida, LLC
Buyer's Agent
Monica Slodarz
Compass Florida, LLC
List Price
$3,490,000
Sold Price
$3,450,000
Premium/Discount to List
-$40,000
-1.15%
Views
5
Current Estimated Value
$3,777,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,675
Avg. Annual Appreciation
3.18%

Purchase Details

Listed on
Aug 15, 2014
Closed on
Feb 23, 2015
Sold by
Oetam Ltd
Bought by
Andrea Us Investments Corp
Seller's Agent
Maria Cecilia Sanchez
Great Properties International LLC
Buyer's Agent
Martine Paulin
Compass Florida, LLC
List Price
$2,975,000
Sold Price
$2,550,000
Premium/Discount to List
-$425,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$1,500,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 17, 2001
Sold by
Alain Marcus M and Alain Claudina B
Bought by
Oetam Ltd

Purchase Details

Closed on
Nov 6, 2000
Sold by
Grand Bay Tower Associated
Bought by
Marcus Alain and Marcus Claudina B
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
Lanzas Southeast Inc $3,450,000 Windsor Title
Andrea Us Investments Corp $2,550,000 Attorney
Oetam Ltd $1,110,000 --
Marcus Alain $985,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanzas Southwest Inc $1,700,000
Previous Owner Us Investments Corp $1,440,000
Previous Owner Andrea Us Investments Corp $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $3,450,000 -1.1% $1,215 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $3,490,000 +36.9% $1,229 / Sq Ft
02/24/2015 02/24/15 Sold $2,550,000 -14.3% $898 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $2,975,000 -- $1,048 / 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 $45,118 $2,944,098 -- --
2024 $45,839 $2,877,906 -- --
2023 $45,839 $2,877,906 $0 $0
2022 $32,086 $1,871,386 $0 $0
2021 $28,592 $1,701,260 $0 $0
2020 $29,017 $1,757,500 $0 $0
2019 $32,937 $1,990,000 $0 $0
2018 $37,498 $2,341,343 $0 $0
2017 $41,974 $2,479,068 $0 $0
2016 $41,407 $2,504,110 $0 $0
2015 $35,441 $1,763,481 $0 $0
2014 $33,958 $1,603,165 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11233831

MIAMI REALTORS® MLS

APN: 24-5205-060-0760