NOT LISTED FOR SALE

Estimated Value: $2,851,503 - $4,347,000

3 Beds
4.5 Baths
2,930 Sq Ft
$1,835/mo HOA Fee

Last Sold April 18, 2017

Last sale price $2,100,000 $717 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $22,119/month

396 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Bar or Lounge
  • Sitting Area In Primary Bedroom

About This Home

As of April 2017

A house in a luxury condo! Direct access to beach, pool and gardens from your private terrace. Master suite and reception area open to extended lanai terrace. This unit offers 3 bedrooms and 4½ baths, large living room, great kitchen. 2 parking spaces (1 assigned #262, and 1 valet). 24/7 valet, security, concierge.

Last Agent to Sell the Property

Brigitte De Langeron

DLS International Realty License #0545936 Listed on: 03/02/2016

Co-Listed By

Giulietta Ulloa

BHHS EWM Realty License #0658811

Last Buyer's Agent

Rex Hamilton

MMLS Assoc.-Inactive Member License #0256792

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,453

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • East Facing Home

HOA Fees

  • $1,835 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Secured Garage or Parking
  • Assigned Parking

Property Views

  • Garden
  • Pool

Home Design

  • Garden Apartment
  • Split Level Home
  • Cluster Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,930 Sq Ft Home
  • Built-In Features
  • Thermal Windows
  • Sliding Windows

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-049-0030

Community Details

Overview

  • 230 Units
  • Grand Bay Residences Condos
  • Grand Bay Residences Subdivision
  • 14-Story Property

Amenities

  • Doorman
  • Business Center
  • Bar or Lounge
  • Bike Room
  • Community Storage Space

Recreation

  • Community Playground
  • Heated Community Pool

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,453

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,835 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment, Patio/Cluster, Split Level
  • Carport Y N: Yes
  • Co List Office Mls Id: EWM 08
  • Co List Office Phone: 305-361-5600
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GRAND BAY RESIDENCES
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 2930
  • Possible Use: Unknown/Withheld
  • Stories: 14
  • Window Features: Sliding, Thermal Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View, Pool Area View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GRAND BAY RESIDENCES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached Carport, 1 Space, Assigned

Utilities

  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 1835
  • Amenities: Bar, Bike Storage, Business Center, Elevator(s), Exercise Room, Storage, Heated Pool, Child Play Area, Pool, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-049-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 1835
  • Number Of Units In Community: 230
  • Number Of Units Total: 163

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 21453

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Apr 7, 2017
Sold by
Hervas Luis Dc Arriba and Casla Fatima Cadahia
Bought by
Preuss Kuhne Axel and Preuss Kuhne Cosima
Seller's Agent
Brigitte De Langeron
DLS International Realty
Buyer's Agent
Rex Hamilton
MMLS Assoc.-Inactive Member
List Price
$2,190,000
Sold Price
$2,100,000
Premium/Discount to List
-$90,000
-4.11%
Current Estimated Value
$3,360,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,260,376
Avg. Annual Appreciation
5.68%
Original Mortgage
$1,365,000
Outstanding Balance
$1,134,773
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,198,715

Purchase Details

Closed on
Jul 27, 2005
Sold by
Perrotti Gustavo Aldo and Torres Mariana A
Bought by
Hervas Luis De Arriba and Casla Fatima Cadahia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 2001
Sold by
Roque Gladia Perez
Bought by
Perrotti Gustavo A and Perrotti Mariana A
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
Preuss Kuhne Axel $2,100,000 Attorney
Hervas Luis De Arriba $1,790,000 --
Perrotti Gustavo A $1,020,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preuss Kuhne Axel $1,365,000
Previous Owner Hervas Luis Tomas De Arriba $200,000
Previous Owner Hervas Luis De Arriba $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2017 04/18/17 Sold $2,100,000 -4.1% $717 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/02/2016 03/02/16 For Sale $2,190,000 0.0% $747 / Sq Ft
09/16/2012 09/16/12 Rented $8,300 -7.8% --
08/17/2012 08/17/12 Under Contract -- -- --
05/17/2012 05/17/12 For Rent $9,000 -- --
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 $23,688 $1,590,167 -- --
2024 $23,351 $1,545,352 -- --
2023 $23,351 $1,500,342 $0 $0
2022 $22,721 $1,456,643 $0 $0
2021 $22,827 $1,414,217 $0 $0
2020 $22,379 $1,394,692 $0 $0
2019 $27,674 $1,672,000 $0 $0
2018 $26,784 $1,672,377 $0 $0
2017 $22,895 $1,417,269 $0 $0
2016 $22,575 $1,323,911 $0 $0
2015 $21,453 $1,203,556 $0 $0
2014 $19,556 $1,094,142 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10043296

MIAMI REALTORS® MLS

APN: 24-5205-049-0030