NOT LISTED FOR SALE

Estimated Value: $1,742,000 - $2,506,000

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. 63% increase in value since last sale

Current estimated payment $13,896 / 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
  • 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
$2,204,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$854,367
Avg. Annual Appreciation
10.59%

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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