$2,696,000
SOLD JAN 7, 2015
2 Beds
2.5 Baths
2,950 Sq Ft
$1,901/mo HOA Fee

Recently Sold

$914 Per Sq Ft

7% Below List Price

69 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Two Primary Bathrooms
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Vaulted Ceiling

About This Home

As of January 2015

Luxury living at the Grand Bay. This beautiful Penthouse has an open floor, with stunning bay and ocean views. 2 bedroom + Den with option to convert Den into a 3rd bedroom. High 12 foot ceilings, and two terraces for you to enjoy tranquility or enterta in your guests. Brand new kitchen with Sub-zero appliances. Amenities include private beach, gym and 3 pools. Building also offers parking for your golf carts.

Last Agent to Sell the Property

Jeff Miller

One Sotheby's International Re License #3173481 Listed on: 09/03/2014

One Sotheby's International Re

Last Buyer's Agent

Adolfo Malave

BHHS EWM Realty License #0670979

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,852

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Northwest Facing Home

HOA Fees

  • $1,901 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,950 Sq Ft Home
  • Vaulted Ceiling
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Secured Garage or Parking
  • Assigned Parking

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-049-0990

Community Details

Overview

  • 238 Units
  • High-Rise Condominium
  • Grand Bay Residences Condos
  • Grand Bay Residences Subdivision
  • 14-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,852

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,901 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 12
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Grand Bay Residences
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Vaulted Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2950
  • Possible Use: Unknown/Withheld
  • Stories: 14
  • Bedroom Features: Entry Level
  • Master Bathroom Features: 2 Primary Bathrooms, Bidet, Separate Tub & Shower

Exterior Features

  • View: Skyline, Bay, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Grand Bay Residences
  • Parking Features: 2 Or More Spaces, Assigned, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Doorman, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 1901
  • Amenities: Elevator(s), Exercise Room, Storage, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-049-0990
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 1901
  • Number Of Units In Community: 238
  • Number Of Units Total: 138

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 24852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Jan 7, 2015
Sold by
Azran Miami 2 Llc
Bought by
Tamburro June A
Seller's Agent
Jeff Miller
One Sotheby's International Re
Buyer's Agent
Adolfo Malave
BHHS EWM Realty
List Price
$2,899,000
Sold Price
$2,696,000
Premium/Discount to List
-$203,000
-7%
Total Days on Market
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%

Purchase Details

Closed on
Oct 25, 2013
Sold by
Kachkar Jack
Bought by
Azran Miami 2 Llc

Purchase Details

Closed on
Oct 28, 2002
Sold by
Jack Kachkar
Bought by
Kachkar Jack and Benkovitch Viktoria

Purchase Details

Closed on
Feb 14, 2001
Sold by
Rodriguez Rita M and Rodriguez Juan P
Bought by
Kachkar Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 2, 1999
Sold by
Fittipaldi Christian
Bought by
Rodriguez Rita M

Purchase Details

Closed on
Oct 11, 1996
Sold by
G B Residences Of Key Biscayne Ltd
Bought by
Fittipaldi Christian
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,696,000 Atgf
Trustee Deed $200,100 None Available
Quit Claim Deed -- --
Warranty Deed $1,050,000 --
Warranty Deed $945,000 --
Deed $870,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,482,606 Stand Alone Refi Refinance Of Original Loan
Previous Owner $10,300,000 Unknown
Previous Owner $1,125,000 Negative Amortization
Previous Owner $1,500,000 New Conventional
Previous Owner $142,500 Credit Line Revolving
Previous Owner $750,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $4,850,000 +79.9% $1,644 / Sq Ft
01/07/2015 01/07/15 Sold $2,696,000 -7.0% $914 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $2,899,000 -- $983 / 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
2024 $35,317 $2,408,432 -- --
2023 $35,317 $2,189,484 $0 $0
2022 $31,833 $1,990,440 $0 $0
2021 $30,530 $1,843,000 $0 $0
2020 $30,428 $1,843,000 $0 $0
2019 $28,807 $1,816,000 $0 $0
2018 $24,504 $1,530,055 $0 $0
2017 $34,329 $2,125,077 $0 $0
2016 $35,139 $2,125,077 $0 $0
2015 $31,300 $1,814,890 $0 $0
2014 $28,533 $1,649,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1999764

MIAMI REALTORS® MLS

APN: 24-5205-049-0990