$2,350,000
SOLD JUL 15, 2024
3 Beds
3 Baths
2,366 Sq Ft
$2,719/mo HOA Fee

Recently Sold

$993 Per Sq Ft

4% Below List Price

8 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Deck
  • Key Biscayne K-8 Center Rated A-
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of July 2024

"Crown Condo Jewel of Key Biscayne"- Rarely the ONLY offering in sought after beachfront Mar Azul Condo with extraordinary direct wide open NE ocean, beach, Key Biscayne and South Beach vistas! A trophy 2,366 sq.ft. living experience like no other Mar Azul features only 126 units and 11 floors, private beach access, exquisite newly renovated lobby, BBQ, pool, fully equipped gym and AC storage unit. Most importantly, this prized unit offers side by side second floor parking close to semi private elevator-the ultimate in security, privacy and convenience. This is your opportunity to renovate the interior to your own specific needs-thus promising an amazing future investment in Key Biscayne one of the most prestigious locations in the US.

Last Agent to Sell the Property

Pamela Ibarguen-Mann

Fortune Christie's Intl R.E. License #0360342 Listed on: 06/11/2024

Fortune Christie's Intl R.E.

Last Buyer's Agent

Dolores Urdapilleta

Urdapilleta Real Estate, LLC License #3245467

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,926

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Northeast Facing Home
  • Privacy Fence
  • Fenced

HOA Fees

  • $2,719 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Direct Ocean
  • Skyline

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,366 Sq Ft Home
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Slate Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Courtyard
  • Deck
  • Outdoor Grill

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-011-0440

Community Details

Overview

  • 126 Units
  • Mid-Rise Condominium
  • Mar Azul Condos
  • Mar Azul Condo Subdivision
  • 11-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Clubhouse
  • Community Kitchen
  • Community Center
  • Party Room
  • Lobby
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • Complex Is Fenced
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,926

Year Built

Built in 1974

Lot Details

0

HOA Fees

$2,719 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAR-AZUL CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, First Floor Entry, Elevator, Entrance Foyer, Pantry, Split Bedroom
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Slate
  • Furnished: Unfurnished
  • Living Area: 2366
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 11
  • Window Features: Complete Accordian Shutters, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Direct Ocean, Skyline, Water View
  • Exterior Features: East Of Us1, Barbeque, Courtyard, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Fencing: Fenced, Privacy
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MAR-AZUL
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Smoke Detector, Complex Fenced, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 2719
  • Amenities: Bike Storage, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Storage, Heated Pool, Kitchen Facilities, Other, Pool, Sauna, Trash Chute
  • 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: 24-52-04-011-0440
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 126

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 15, 2024
Sold by
Blank Joan E and Blank Joan Gill
Bought by
Barbeito Horacio Agustin and Ort Eleonora Maria
Seller's Agent
Pamela Ibarguen-Mann
Fortune Christie's Intl R.E.
Buyer's Agent
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
List Price
$2,450,000
Sold Price
$2,350,000
Premium/Discount to List
-$100,000
-4.08%
Total Days on Market
8
Views
7
Current Estimated Value
$2,376,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,698
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Mar 10, 2005
Sold by
Blank Joan and Blank Joan E
Bought by
Blank Joan Gill and Blank Joan E
Source: Public Records

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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 $2,350,000 None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $2,350,000 -4.1% $993 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $2,450,000 -- $1,036 / 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 $11,926 $805,642 -- --
2023 $11,926 $782,177 $0 $0
2022 $11,641 $759,396 $0 $0
2021 $11,688 $737,278 $0 $0
2020 $11,357 $727,099 $0 $0
2019 $11,115 $710,752 $0 $0
2018 $10,538 $697,500 $0 $0
2017 $10,403 $683,154 $0 $0
2016 $10,420 $669,103 $0 $0
2015 $10,575 $664,452 $0 $0
2014 $10,734 $659,179 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11600528

MIAMI REALTORS® MLS

APN: 24-5204-011-0440