NOT LISTED FOR SALE

Estimated Value: $3,467,000 - $4,479,000

3 Beds
4 Baths
2,840 Sq Ft
$2,248/mo HOA Fee

Last Sold July 23, 2021

Last sale price $2,800,000 $986 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $25,347/month

94 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Furnished
  • Key Biscayne K-8 Center Rated A-
  • Maid or Guest Quarters
  • Community Pool

About This Home

As of July 2021

Spectacular and breathtaking corner unit at the Grand Bay Towers. Enjoy the beautiful ocean and bay views from this sophisticated residence which offers a wonderful floor plan with 3 bedrooms + staff quarters, 4 full bathrooms + balconies. This unit was done with the outmost exquisite taste with top of the line finishes throughout the entire apartment. Well known for its excellent management + staff. Grand Bay conodminium offers beach access, pool, gym, community room, concierge + valet. Enjoy the lifestyle Key Biscayne has to offer

Last Agent to Sell the Property

Bruno Ricci

Fortune Christie's International Real Estate License #3052261 Listed on: 03/02/2021

Fortune Christie's International Real Estate

Last Buyer's Agent

Maria Escolar

MMLS Assoc.-Inactive Member License #3201481

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,982

Year Built

  • Built in 1999

HOA Fees

  • $2,248 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,840 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-060-0720

Community Details

Overview

  • High-Rise Condominium
  • Grand Bay Tower Condos
  • Grand Bay Tower Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Community Center
  • Party Room

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,982

Year Built

Built in 1999

Lot Details

0

HOA Fees

$2,248 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • 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
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Other, Den/Library/Office, Maid/In-Law Quarters
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 2840
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View
  • Exterior Features: 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

  • Park Building Name: GRAND BAY TOWER
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Fire Alarm, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 2248
  • Amenities: Community Room, Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-060-0720
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2248

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jul 23, 2021
Sold by
Leyton Holings Inc
Bought by
Perez Hickman Fernando and Delescolar Maria Del
Seller's Agent
Bruno Ricci
Fortune Christie's International Real Estate
Buyer's Agent
Maria Escolar
MMLS Assoc.-Inactive Member
List Price
$2,800,000
Sold Price
$2,800,000
Current Estimated Value
$3,765,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$965,474
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Nov 11, 2020
Sold by
Gb 707 Limited Partnership
Bought by
Leyton Holdings Inc

Purchase Details

Closed on
Jan 25, 2019
Sold by
Gonzalez Gonzalez Marcela Lopez De Marcela Lopez De and Gonzalez Solana Jaime
Bought by
Gb 707 Lp

Purchase Details

Closed on
May 26, 2011
Sold by
Borda Rafael Olarra and Rodriguez Delia
Bought by
Lopez Marcela

Purchase Details

Closed on
May 25, 2005
Sold by
Katz Marla J
Bought by
Borda Rafael Olarra and Rodriguez Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
5.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2003
Sold by
Farron International Inc
Bought by
Katz Marla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.62%

Purchase Details

Closed on
Oct 22, 2001
Sold by
Patcap Holding Inc C
Bought by
Farron International Inc

Purchase Details

Closed on
Oct 11, 2000
Sold by
Grand Bay Tower Associated
Bought by
Patcap Holding Inc
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
Perez Hickman Fernando $2,800,000 Attorney
Leyton Holdings Inc $2,000,000 Attorney
Gb 707 Lp -- Attorney
Lopez Marcela $2,160,000 Key Intl Title & Escrow Corp
Borda Rafael Olarra $1,760,000 Singer Island Title Co
Katz Marla J $1,015,000 --
Farron International Inc $920,000 --
Patcap Holding Inc $920,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borda Rafael Olarra $1,300,000
Previous Owner Borda Rafael Olarra $260,000
Previous Owner Borda Rafael Olarra $1,155,000
Previous Owner Katz Marla J $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $2,800,000 0.0% $986 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $2,800,000 -- $986 / 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 $30,982 $2,070,861 -- --
2024 $30,546 $2,012,499 -- --
2023 $30,546 $1,953,883 $0 $0
2022 $29,718 $1,896,974 $0 $0
2021 $26,920 $1,623,600 $0 $0
2020 $26,806 $1,623,600 $0 $0
2019 $27,095 $1,637,000 $0 $0
2018 $30,849 $1,926,231 $0 $0
2017 $34,532 $2,039,538 $0 $0
2016 $33,249 $1,971,554 $0 $0
2015 $34,057 $1,978,386 $0 $0
2014 $32,407 $1,798,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11006722

MIAMI REALTORS® MLS

APN: 24-5205-060-0720