NOT LISTED FOR SALE

Estimated Value: $781,000 - $3,087,000

-- Bed
1 Bath
402 Sq Ft
$1,062/mo HOA Fee

Last Sold March 18, 2019

Last sale price $700,000 $1,741 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $9,687/month

218 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Furnished
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • Community Pool

About This Home

As of March 2019

Newly renovated direct ocean front studio on high floor at The Ritz-Carlton in Key Biscayne. 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 the use of this 5 Diamond resort property while you have the hotel manage it 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: 07/11/2018

Last Buyer's Agent

Lourdes Lorenzo Luaces

Arch Realty Inc License #0665516 Listed on: 07/11/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,623

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • Fenced

HOA Fees

  • $1,062 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 402 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Direct Ocean Views

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Marble

Home Security

Additional Features

  • Restricted saltwater access
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-061-0410

Community Details

Overview

  • Gb Resort Condo Hotel Condos
  • G B Resort Condo Hotel Subdivision
  • 14-Story Property

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Additional Features

  • Doorman
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,623

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,062 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Restricted Salt Water Access, Other Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: G B RESORT CONDO HOTEL
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Carpet, Marble
  • Furnished: Furnished
  • Living Area: 402
  • Possible Use: Investment
  • Stories: 14
  • Bedroom Features: Entry Level

Exterior Features

  • View: Direct Ocean
  • Exterior Features: Tennis Court(s)
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: GB Resort Condo Hotel
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, Limited # Of Vehicle

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Fire Alarm, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 1062
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-061-0410
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 1062

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7623

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Mar 14, 2019
Sold by
Bersil 706 Llc
Bought by
Itao Llc
Seller's Agent
Lourdes Lorenzo Luaces
Arch Realty Inc
Buyer's Agent
Lourdes Lorenzo Luaces
Arch Realty Inc
List Price
$950,000
Sold Price
$700,000
Premium/Discount to List
-$250,000
-26.32%
Current Estimated Value
$1,397,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,293
Avg. Annual Appreciation
14.10%

Purchase Details

Closed on
Nov 14, 2018
Sold by
Fabien Financial Inc
Bought by
Bersil 706 Llc

Purchase Details

Closed on
Dec 20, 2012
Sold by
Meisel Stephen B and Meisel Bonnie S
Bought by
Fabien Financial Inc

Purchase Details

Closed on
Mar 9, 2005
Sold by
Estrada Alfred
Bought by
Meisel Md Stephen B and Meisel Bonnie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.87%
Mortgage Type
Unknown
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
Itao Llc $700,000 Attorney
Bersil 706 Llc -- Attorney
Fabien Financial Inc $600,000 Attorney
Meisel Md Stephen B $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meisel Md Stephen B $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $700,000 -26.3% $1,741 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
07/11/2018 07/11/18 For Sale $950,000 -- $2,363 / 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 $10,087 $659,195 -- --
2023 $10,087 $599,269 $0 $0
2022 $8,844 $544,790 $0 $0
2021 $8,150 $495,264 $0 $0
2020 $8,177 $495,264 $0 $0
2019 $8,200 $495,450 $0 $0
2018 $7,557 $471,860 $0 $0
2017 $7,623 $471,860 $0 $0
2016 $7,802 $471,860 $0 $0
2015 $7,595 $449,390 $0 $0
2014 $7,772 $449,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10501323

MIAMI REALTORS® MLS

APN: 24-5205-061-0410