NOT LISTED FOR SALE

Estimated Value: $4,944,650 - $5,685,000

3 Beds
5.5 Baths
3,950 Sq Ft
1999 Built

Highlights

  • Ocean Front
  • Gated with Attendant
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • In Ground Pool
  • Furnished

About This Home

As of September 2014

Direct Ocean and City views from this unique, elegant beachfront NE Corner unit, Spacious 3,950 Sqft. 3 Bed., 5.5 Bath., plus Staff/maids Quarters, Oversized Master Bedroom with His and Hers Bathrooms, Formal Dining, Breakfast Room and 3 Separate Terraces . Unit Can Be Rented For A Year Or 6 Months Min. Enjoy a quite and relaxing atmosphere. Easy To Show.

Last Agent to Rent the Property

Monica Penagos

One Sotheby's International Realty License #3139143 Listed on: 04/02/2014

One Sotheby's International Realty

Last Renter's Agent

Alodia Ortego

Globomia Realty, LLC License #0149939

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $60,066

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Northeast Facing Home

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,950 Sq Ft Home
  • Furnished
  • Built-In Features
  • Drapes & Rods
  • Entrance Foyer
  • Formal Dining Room
  • Door Monitored By TV

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/1/14
  • 1 Year With Renewal Option,Short Term Lease Lease Term
  • Assessor Parcel Number 24-52-05-060-0170

Community Details

Overview

  • No Home Owners Association
  • Grand Bay Tower Condomini Condos
  • Grand Bay Tower Condomini Subdivision

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$60,066

Year Built

Built in 1999

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2014-06-01
  • Lease Term: 1 Year With Renewal Option,Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Lease Assignable: No
  • Unit Levels: 0
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: GRAND BAY TOWER CONDOMINI
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Cooking Island, Elevator, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Furnished
  • Living Area: 3950
  • Other Equipment: Elevator
  • Window Features: Hurricane Shutters, Drapes
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining

Exterior Features

  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GRAND BAY TOWER CONDOMINI
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Building Security, Gated with Guard, Security Patrol, TV Monitor

Condo/Co-op/Association

  • Association: No
  • Community Features: Tennis

Lot Info

  • Parcel Number: 24-52-05-060-0170
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2009
Sold by
Sunlink Trading Limited
Bought by
Vander Valk Alexandra
Current Estimated Value
$5,250,883

Purchase Details

Closed on
Nov 1, 2009
Sold by
Sunlink Trading Ltd
Bought by
Valk Alexandra Van Der

Purchase Details

Closed on
Sep 1, 2003
Sold by
Brie Captial Inc
Bought by
Sunlink Trading Ltd

Purchase Details

Closed on
Jun 5, 2001
Sold by
George/Jeb Corp
Bought by
Brie Capital Inc

Purchase Details

Closed on
Mar 31, 2000
Sold by
Grand Bay Tower Associates
Bought by
George & Jeb Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$912,500
Interest Rate
8.38%
Mortgage Type
New Conventional
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
Vander Valk Alexandra -- Attorney
Valk Alexandra Van Der $100 --
Sunlink Trading Ltd $1,975,000 --
Brie Capital Inc $2,000,000 --
George & Jeb Corp $1,825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brie Capital Inc $1,500,000
Previous Owner George & Jeb Corp $912,500
Closed George & Jeb Corp --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2014 09/24/14 Rented $12,500 -7.4% --
08/25/2014 08/25/14 Under Contract -- -- --
04/02/2014 04/02/14 For Rent $13,500 +8.0% --
04/12/2013 04/12/13 Rented $12,500 0.0% --
03/13/2013 03/13/13 Under Contract -- -- --
11/07/2012 11/07/12 For Rent $12,500 -- --
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 $60,066 $3,987,329 -- --
2024 $57,998 $3,624,845 -- --
2023 $57,998 $3,295,314 $0 $0
2022 $49,244 $2,995,740 $0 $0
2021 $45,018 $2,723,400 $0 $0
2020 $44,964 $2,723,400 $0 $0
2019 $46,410 $2,804,000 $0 $0
2018 $47,266 $2,951,277 $0 $0
2017 $51,821 $3,207,910 $0 $0
2016 $61,001 $3,585,899 $0 $0
2015 $59,348 $3,259,909 $0 $0
2014 $56,621 $2,963,554 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1930111

MIAMI REALTORS® MLS

APN: 24-5205-060-0170