NOT LISTED FOR SALE

Estimated Value: $600,353 - $991,000

-- Bed
1 Bath
354 Sq Ft
$991/mo HOA Fee

Last Sold April 11, 2019

Last sale price $460,000 $1,299 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,735/month

73 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Main Floor Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • Garden View

About This Home

As of April 2019

Renovated resort view studio with a balcony at The Ritz-Carlton in Key Biscayne. Relax on your private balcony during the afternoons and enjoy the sunsets. The building has had a multi-million dollar renovation, offering new state of the art restaurant with views to the ocean, along with (2) beach side restaurants and an in house café. Hotel amenities include concierge service, valet, gym, tennis, spa, beach service and more. Enjoy all of the amenities of the Ritz-Carlton hotel while you have the hotel manage your unit when you are away. Call listing agent for easy showing instructions.”

Last Agent to Sell the Property

Lourdes Lorenzo Luaces

Arch Realty Inc License #0665516 Listed on: 02/05/2019

Last Buyer's Agent

Alberto Nikodimov

Innovative Realty, LLC License #3410784

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,868

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • Fenced

HOA Fees

  • $991 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 354 Sq Ft Home
  • Furnished
  • Garden Views

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-061-0910

Community Details

Overview

  • High-Rise Condominium
  • Ritz Carlton Condos
  • G B Resort Condo Hotel Subdivision
  • 14-Story Property

Amenities

  • Doorman
  • Bike Room

Recreation

  • Heated Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,868

Year Built

Built in 2001

Lot Details

0

HOA Fees

$991 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: G B RESORT CONDO HOTEL
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Carpet, Marble
  • Furnished: Furnished
  • Living Area: 354
  • Possible Use: Investment
  • Stories: 14
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Garden View
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Ritz-Carlton
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman

Condo/Co-op/Association

  • Association Fee: 991
  • Amenities: Bike Storage, Heated Pool, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-061-0910
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2020
Sold by
Antohi Octavian and Tihal Antohi Cherryl
Bought by
Novastella Consulting Llc
Current Estimated Value
$758,588

Purchase Details

Closed on
Dec 18, 2019
Sold by
Antohi Octavian and Tihal Antohi Cherryl
Bought by
Novastella Consulting Llc

Purchase Details

Listed on
Feb 5, 2019
Closed on
Apr 11, 2019
Sold by
Burgis Jeffrey W and Burgis Konstantina K
Bought by
Antohi Octavian and Tihal Antohi Cherryl
Seller's Agent
Lourdes Lorenzo Luaces
Arch Realty Inc
Buyer's Agent
Alberto Nikodimov
Innovative Realty, LLC
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Jun 21, 2006
Sold by
Alvarez Eduardo Lopez and De Lopez Elsa Berdugo
Bought by
Burgis Jeffrey W and Burgis Konstanina K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.5%
Mortgage Type
Unknown
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
Novastella Consulting Llc -- Attorney
Novastella Consulting Llc -- Attorney
Antohi Octavian $460,000 Attorney
Burgis Jeffrey W $455,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burgis Jeffrey W $364,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2019 04/11/19 Sold $460,000 -5.2% $1,299 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
01/19/2019 01/19/19 For Sale $485,000 -- $1,370 / 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 $7,707 $503,010 -- --
2024 $7,221 $479,057 -- --
2023 $7,221 $435,831 $0 $0
2022 $6,296 $396,210 $0 $0
2021 $5,191 $315,460 $0 $0
2020 $5,315 $321,899 $0 $0
2019 $4,197 $253,590 $0 $0
2018 $3,868 $241,510 $0 $0
2017 $3,901 $241,510 $0 $0
2016 $4,644 $280,820 $0 $0
2015 $4,421 $256,829 $0 $0
2014 $4,207 $233,481 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10613053

MIAMI REALTORS® MLS

APN: 24-5205-061-0910