NOT LISTED FOR SALE

Estimated Value: $742,000 - $810,862

2 Beds
2 Baths
1,311 Sq Ft
$1,211/mo HOA Fee

Last Sold July 31, 2024

Last sale price $725,000 $553 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,041/month

110 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Balcony
  • Key Biscayne K-8 Center Rated A-
  • Community Center
  • 3-minute walk to Paradise Park

About This Home

As of July 2024

Welcome to paradise… With some of the best beaches, walking/jogging/biking paths, and entertainment around, The Village of Key Biscayne offers some of the best quality of life available anywhere. This beautifully renovated 2 bed/2 bath condo in the heart of Key Biscayne offers an incredible opportunity to live in paradise. The Key Biscayne Ambassador Condo is perfectly maintained, up to date and compliant with all building codes & no current/future assessments expected. Beautifully renovated and very spacious unit offers an attractive split floor plan and large balcony. Tiled throughout, both bathrooms remarkably remodeled with modern accents. Kitchen is surprisingly sizable for condo living with a vast granite counter, wood cabinets and new SS appliances. A/C new 2024, covered parking.

Last Agent to Sell the Property

Sergio Tejeda

Alliance Realty of Miami License #3295919 Listed on: 02/14/2024

Last Buyer's Agent

Patricia Diaz

Florida Real Estate Connection LLC License #0667968

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,618

Year Built

  • Built in 1975

HOA Fees

  • $1,211 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,311 Sq Ft Home
  • Tile Flooring
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-053-0170

Community Details

Overview

  • Mid-Rise Condominium
  • Key Biscayne Ambassador Condos
  • Key Bisc Ambassador Condo Subdivision
  • Car Wash Area
  • 8-Story Property

Amenities

  • Trash Chute
  • Community Center
  • Party Room
  • Laundry Facilities
  • Lobby
  • Secure Lobby
  • Interior Hall
  • Community Storage Space
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,618

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,211 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Directions: Please use GPS
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: KEY BISC AMBASSADOR CONDO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Interior Hall, Lobby, Other, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1311
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 8
  • Bedroom Features: Entry Level, Primary Bath Shower

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Key Biscayne Ambassador
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1211
  • Amenities: Laundry, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Storage, Pool, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-05-053-0170
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Jul 31, 2024
Sold by
Iuculano Salvatore and Iuculano Maria Rosario
Bought by
Scheider Sylvia and Lowman Marci
Seller's Agent
Sergio Tejeda
Alliance Realty of Miami
Buyer's Agent
Patricia Diaz
Florida Real Estate Connection LLC
List Price
$770,000
Sold Price
$725,000
Premium/Discount to List
-$45,000
-5.84%
Views
52
Current Estimated Value
$783,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,052
Avg. Annual Appreciation
6.09%
Original Mortgage
$543,750
Outstanding Balance
$540,075
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$223,641

Purchase Details

Closed on
Jul 29, 2015
Sold by
Iuculano Salvatore and Iuculano Maria Rosario
Bought by
Iuculano Salvatore and Iuculano Maria Rosario

Purchase Details

Closed on
Apr 4, 2011
Sold by
Rathjens Christopher and Rathjens Jennifer
Bought by
Iuculano Salvatore and Iuculano Giovanni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2003
Sold by
Laburu Felix
Bought by
Rathjens Christopher and Rathjens Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
1.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 1994
Sold by
Depineres Edgardo Gutierrez and Gutierrez De Pineres Marta A
Bought by
Laburu Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.07%
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 Buyer Sale Price Title Company
Scheider Sylvia $725,000 None Listed On Document
Iuculano Salvatore -- Attorney
Iuculano Salvatore $280,000 Attorney
Rathjens Christopher $300,000 --
Laburu Felix $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheider Sylvia $543,750
Previous Owner Iuculano Salvatore $150,000
Previous Owner Rathjens Christopher $75,000
Previous Owner Rathjens Christopher $310,000
Previous Owner Rathjens Christopher $240,000
Previous Owner Laburu Felix $149,000
Previous Owner Laburu Felix $124,000
Closed Rathjens Christopher $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $725,000 -3.3% $553 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $750,000 -2.6% $572 / Sq Ft
02/15/2024 02/15/24 For Sale $770,000 -- $587 / 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 $5,618 $501,600 -- --
2023 $5,618 $388,473 $0 $0
2022 $5,566 $377,159 $0 $0
2021 $5,581 $366,174 $0 $0
2020 $5,315 $361,119 $0 $0
2019 $5,194 $353,000 $0 $0
2018 $5,517 $384,001 $0 $0
2017 $5,570 $384,001 $0 $0
2016 $6,258 $417,392 $0 $0
2015 $5,442 $288,451 $0 $0
2014 $5,200 $262,229 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11533949

MIAMI REALTORS® MLS

APN: 24-5205-053-0170