NOT LISTED FOR SALE

Estimated Value: $1,828,586 - $2,222,000

3 Beds
2 Baths
1,889 Sq Ft
$1,835/mo HOA Fee

Last Sold October 18, 2021

Last sale price $1,560,000 $826 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $13,930/month

4 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Heated Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Business Center

About This Home

As of October 2021

LUXURIOUS OCEANFRONT UNIT COMPLETELY REMODELED IN 2016. 3 SPACIOUS BEDROOMS + SMALL DEN AND 2 FULL BATHROOMS. BEAUTIFUL OCEAN VIEWS FROM LIVING ROOM, MASTER BEDROOM, AND KITCHEN. IMPACT WINDOWS, TOP OF THE LINE APPLIANCES, WALK IN CLOSETS, LINENS CLOSET, MODERN AND CONVENIENT OPEN LAYOUT. 1 STORAGE SPACE INCLUDED.
BALCONIES ENCLOSED ADDING 350 SQ FT!!! ********ACTUAL A/C SQ. FT.=2,241********

TENANT OCCUPIED UNTIL AUGUST 2022. 24 HOUR NOTICE REQUIRED FOR SHOWINGS.

Last Agent to Sell the Property

Eloisa Alonso

IRG License #3282520 Listed on: 09/10/2021

Last Buyer's Agent

Berenice Elguezabal

Coldwell Banker Realty License #0695500

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,606

Year Built

  • Built in 1974

HOA Fees

  • $1,835 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,889 Sq Ft Home
  • Built-In Features
  • Tile Flooring
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Property has ocean access
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-011-0560

Community Details

Overview

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

Amenities

  • Doorman
  • Community Barbecue Grill
  • Business Center
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,606

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,835 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 4
  • 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
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1889
  • Possible Use: Primary
  • Stories: 11
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Mar Azul
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector, Doorman, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1835
  • Amenities: Barbecue, Business Center, Elevator(s), Exercise Room, Storage, Heated Pool, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-011-0560
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1835

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 15, 2021
Sold by
Quintana Gonzalo Fernandez Del Castillo and Ruiz Carolina Saenz
Bought by
Kc Holdings Llc
Seller's Agent
Eloisa Alonso
IRG
Buyer's Agent
Berenice Elguezabal
Coldwell Banker Realty
List Price
$1,650,000
Sold Price
$1,560,000
Premium/Discount to List
-$90,000
-5.45%
Current Estimated Value
$1,947,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,897
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Oct 1, 2014
Sold by
Lamadriz Rocio
Bought by
Delcastillo Quintana Gonzalo Fernandez and Ruiz Carolina Saenz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 2, 2012
Sold by
Lamadriz Rocio
Bought by
Lamadriz Rocio and Almoina Carlos Francisco

Purchase Details

Closed on
Aug 12, 2009
Sold by
Lamadriz Rocio
Bought by
Lamadriz Rocio and Urrutia Maria L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kc Holdings Llc $1,560,000 Attorney
Delcastillo Quintana Gonzalo Fernandez -- Florida Title & Trust Llc
Delcastillo Quintana Gonzalo Fernandez $1,010,000 Florida Title & Trust Llc
Lamadriz Rocio -- Attorney
Lamadriz Rocio -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delcastillo Quintana Gonzalo Fernandez $757,500
Previous Owner Lamadriz Eduardo $1,158,750
Previous Owner Lamadriz Rocio $25,000
Previous Owner Lamadriz Rocio $50,000
Previous Owner Lamadriz Eduardo $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $1,560,000 -5.5% $826 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $1,650,000 0.0% $873 / Sq Ft
05/17/2020 05/17/20 Rented $6,000 -4.0% --
05/07/2020 05/07/20 For Rent $6,250 -- --
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 $20,606 $1,342,425 -- --
2024 $19,431 $1,289,194 -- --
2023 $19,431 $1,171,995 $0 $0
2022 $17,134 $1,065,450 $0 $0
2021 $11,891 $710,300 $0 $0
2020 $12,090 $732,300 $0 $0
2019 $16,866 $1,019,000 $0 $0
2018 $15,540 $970,288 $0 $0
2017 $15,674 $970,288 $0 $0
2016 $16,513 $944,924 $0 $0
2015 $18,020 $1,066,250 $0 $0
2014 $7,769 $488,216 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11096809

MIAMI REALTORS® MLS

APN: 24-5204-011-0560