NOT LISTED FOR SALE

Estimated Value: $1,792,000 - $2,461,000

3 Beds
3 Baths
2,523 Sq Ft
1974 Built

Sale Details

Date Sold: July 14, 2021

Last sale price $1,350,000 $535 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $13,963 / mo

10 Days on Market

Highlights

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

About This Home

As of July 2021

Breathtaking ocean views from this charming and spacious 3 bedrooms, 3 bathroom in prestigious Mar Azul Condominium. This 2,523 Sq Ft unit has very defined spaces with spacious living/dining areas and ample bedrooms. Oversized balcony to enjoy the ocean breeze day or night. A boutique building that offers any family an unforgettable lifestyle right on the beach with a great gym, sauna, party room, BBQ area by the pool, bicycle room, concierge and gated security.

Last Agent to Sell the Property

Jorge Boj

One Sotheby's International Realty License #3016066 Listed on: 04/21/2021

One Sotheby's International Realty

Co-Listed By

Brigitte Nachtigall

One Sotheby's International Realty License #0542022

Last Buyer's Agent

Non-Member Mls Agent

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,743

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • South Facing Home

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 2,523 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Ocean Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-011-0300

Community Details

Overview

  • Property has a Home Owners Association
  • 126 Units
  • Mid-Rise Community
  • Mar Azul Condos
  • Mar Azul Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 11-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse
  • Secure Lobby

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Maintenance Expense $2,400
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,743

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: GRTP01
  • Co List Office Phone: 305-365-0711
  • Entry Level: 5
  • Garage Yn: No
  • 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: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2523
  • Possible Use: Secondary
  • Stories: 11
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View
  • Exterior Features: Open Balcony
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MAR AZUL
  • Parking Features: 1 Space, No Rv/Boats

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Amenities: Barbecue, Clubhouse-Clubroom, Exercise Room, Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-04-011-0300
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13743

Multi Family

  • Maintenance Expense: 2400
  • Number Of Units In Community: 126
  • Number Of Units Total: 126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 14, 2021
Sold by
Ortega Francisco A
Bought by
Candy Building Corporation
Seller's Agent
Jorge Boj
One Sotheby's International Realty
Buyer's Agent
Non-Member Mls Agent
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%
Current Estimated Value
$2,227,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$877,654
Avg. Annual Appreciation
11.22%

Purchase Details

Closed on
Oct 29, 2003
Sold by
Bricksell Inc
Bought by
Ortega Francisco A and Dardet Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Candy Building Corporation $1,350,000 Attorney
Ortega Francisco A $550,000 Realty Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortega Francisco A $367,500
Closed Ortega Francisco A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2021 07/14/21 Sold $1,350,000 -6.9% $535 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $1,450,000 +7.4% $575 / Sq Ft
04/23/2021 04/23/21 Off Market $1,350,000 -- --
04/20/2021 04/20/21 For Sale $1,450,000 0.0% $575 / Sq Ft
03/28/2020 03/28/20 Rented $6,300 -3.1% --
02/06/2020 02/06/20 Under Contract -- -- --
01/16/2020 01/16/20 For Rent $6,500 -- --
Source: MIAMI REALTORS® MLS

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 $23,590 $1,558,241 -- --
2024 $21,371 $1,416,583 -- --
2023 $21,371 $1,287,803 $0 $0
2022 $18,807 $1,170,730 $0 $0
2021 $13,489 $807,400 $0 $0
2020 $13,743 $832,400 $0 $0
2019 $18,091 $1,093,000 $0 $0
2018 $10,957 $723,657 $0 $0
2017 $10,817 $708,773 $0 $0
2016 $10,835 $694,195 $0 $0
2015 $10,996 $689,370 $0 $0
2014 $11,162 $683,899 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11028764

MIAMI REALTORS® MLS

APN: 24-5204-011-0300

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