NOT LISTED FOR SALE

Estimated Value: $4,450,129 - $5,002,000

3 Beds
5.5 Baths
3,950 Sq Ft
1999 Built

Last Sold June 30, 2021

Last sale price $2,950,000 $747 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $28,945/month

127 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Two Primary Bathrooms
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Maid or Guest Quarters

About This Home

As of June 2021

Sophisticated, elegant and in perfect condition corner unit in luxurious Grand Bay Tower. Very ample spaces which make it feel like a home with top of the line finishes throughout. Enjoy being steps away from the beach with ocean and garden views and a spectacular terrace where you can enjoy the ocean breeze. This unit offers 3 large bedrooms + staff quarters, and a great family room which can easily be converted into a 4th bedroom plus 4.5 baths. This magnificent residence is full of natural light with a private elevator and all the great amenities of the Grand Bay (beach, pool, concierge, valet, gym, security and so much more). Enjoy the Key Biscayne lifestyle at its fullest.

Last Agent to Sell the Property

Brigitte Nachtigall

One Sotheby's International Realty License #0542022 Listed on: 01/23/2021

One Sotheby's International Realty

Co-Listed By

Jorge Boj

One Sotheby's International Realty License #3016066

Last Buyer's Agent

Dolores Urdapilleta

Urdapilleta Real Estate, LLC License #3245467

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $39,241

Year Built

  • Built in 1999

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,950 Sq Ft Home
  • Built-In Features
  • Drapes & Rods
  • Blinds
  • Formal Dining Room
  • Den
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Parking

  • Detached Carport Space
  • 1 Car Parking Space
  • Secured Garage or Parking

Outdoor Features

  • Property has ocean access

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-060-0130

Community Details

Overview

  • Property has a Home Owners Association
  • 101 Units
  • High-Rise Condominium
  • Grand Bay Tower Condos
  • Grand Bay Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 14-Story Property

Amenities

  • Valet Parking
  • Trash Chute
  • Community Center
  • Party Room
  • Bike Room

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,903

Security

  • Secure Elevator
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$39,241

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Carport Y N: Yes
  • Co List Office Mls Id: GRTP01
  • Co List Office Phone: 305-365-0711
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GRAND BAY
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Fire Sprinklers, Walk-In Closet(s), Den/Library/Office, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3950
  • Possible Use: Primary
  • Stories: 14
  • Window Features: Hurricane Shutters, Blinds, Drapes, High Impact Windows
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: GRAND BAY TOWER
  • Parking Features: Detached Carport, 1 Space, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Amenities: Bike Storage, Community Room, Exercise Room, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-060-0130
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2903
  • Number Of Units In Community: 101
  • Number Of Units Total: 101

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 39241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2021
Closed on
Jun 14, 2021
Sold by
Alvarez Cesar J and Alvarez Iradia
Bought by
Sarmiento Christan Keller and Vazquez Juana Maria
Seller's Agent
Brigitte Nachtigall
One Sotheby's International Realty
Buyer's Agent
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
List Price
$2,999,000
Sold Price
$2,950,000
Premium/Discount to List
-$49,000
-1.63%
Current Estimated Value
$4,660,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,710,282
Avg. Annual Appreciation
11.71%

Purchase Details

Listed on
Aug 20, 2012
Closed on
Oct 5, 2012
Sold by
Allure Trading Llc
Bought by
Alvarez Cesar J and Alvarez Iraida
Seller's Agent
AManda Janis
BHHS EWM Realty
Buyer's Agent
Alina Larrubia-Estrada
Douglas Elliman
List Price
$2,750,000
Sold Price
$2,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.81%

Purchase Details

Closed on
Apr 8, 2011
Sold by
Goldberg Ana E
Bought by
Allure Trading Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 2006
Sold by
Goldberg Michael
Bought by
Goldberg Ana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 2001
Sold by
Grand Bay Tower Associates
Bought by
Goldberg Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sarmiento Christan Keller $2,950,000 Attorney
Alvarez Cesar J $2,750,000 Primary Title Services Inc
Allure Trading Llc $2,150,000 Attorney
Goldberg Ana E -- None Available
Goldberg Michael A $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Cesar J $2,500,000
Previous Owner Allure Trading Llc $500,000
Previous Owner Allure Trading Llc $1,000,000
Previous Owner Allure Trading Llc $500,000
Previous Owner Goldberg Ana E $780,000
Previous Owner Goldberg Michael A $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $2,950,000 -1.6% $747 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $2,999,000 0.0% $759 / Sq Ft
01/19/2017 01/19/17 Rented $10,500 -16.0% --
05/16/2016 05/16/16 For Rent $12,500 0.0% --
10/05/2012 10/05/12 Sold $2,750,000 0.0% $696 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $2,750,000 -- $696 / 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 $42,635 $2,834,911 -- --
2024 $42,041 $2,755,016 -- --
2023 $42,041 $2,674,773 $0 $0
2022 $48,122 $3,055,138 $0 $0
2021 $42,808 $2,589,100 $0 $0
2020 $40,877 $2,589,100 $0 $0
2019 $37,328 $2,307,000 $0 $0
2018 $38,531 $2,428,029 $0 $0
2017 $42,634 $2,639,162 $0 $0
2016 $34,481 $2,124,180 $0 $0
2015 $34,994 $2,109,415 $0 $0
2014 $35,525 $2,092,674 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10987137

MIAMI REALTORS® MLS

APN: 24-5205-060-0130