NOT LISTED FOR SALE

Mar Azul Condominium 600 Grapetree Dr Unit 8AS Key Biscayne, FL 33149

Estimated Value: $2,051,336

3 Beds
3 Baths
2,052 Sq Ft
1974 Built

Sale Details

Date Sold: February 26, 2021

Last sale price $1,250,000 $609 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $14,815 / mo

44 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Sitting Area In Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of February 2021

Outstanding unit with unobstructed views of the Atlantic ocean, with floor to ceiling high impact windows. Lobby has been beautifully remodeled. Amenities include private beach access, pool, BBQ area, tennis, gym, party room, concierge. Comes with storage unit.

Last Agent to Sell the Property

Maria-Elda Castaneda

Castaneda & Associates License #0402084 Listed on: 12/10/2020

Last Buyer's Agent

Monica Betancourt

Coldwell Banker Realty License #3126969

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,219

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $2,109 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,052 Sq Ft Home
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-011-0150

Community Details

Overview

  • 131 Units
  • Mid-Rise Community
  • Mar Azul Condo
  • Mar Azul Condo,Mar Azul Condo Subdivision
  • 11-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Card or Code Access
  • Complex Is Fenced
  • Complete Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,219

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$2,109 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 8
  • 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,Mar Azul Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 2052
  • Possible Use: Primary
  • Stories: 11
  • Window Features: Complete Impact Glass
  • Bedroom Features: Entry Level, Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View
  • Exterior Features: Barbeque, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 2109
  • Amenities: Barbecue, Elevator(s), Exercise Room, Storage
  • 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: 24-52-04-011-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 18219

Multi Family

  • Maintenance Expense: 2109
  • Number Of Units In Community: 131
  • Number Of Units Total: 131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2025
Sold by
Urdaneta Nelson J and Juana M Urdaneta Living Trust
Bought by
Urdaneta Family Living Trust and Urdaneta
Current Estimated Value
$2,051,336

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 24, 2021
Sold by
Comerciales Neptuno Sa
Bought by
Urdaneta Nelson J and Urdaneta Juana M
Seller's Agent
Maria-Elda Castaneda
Castaneda & Associates
Buyer's Agent
Monica Betancourt
Coldwell Banker Realty
List Price
$1,390,000
Sold Price
$1,250,000
Premium/Discount to List
-$140,000
-10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$937,500
Interest Rate
2%
Mortgage Type
New Conventional
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
Urdaneta Family Living Trust -- None Listed On Document
Urdaneta Family Living Trust -- None Listed On Document
Urdaneta Nelson J $1,250,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urdaneta Nelson J $937,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $1,250,000 -10.1% $609 / Sq Ft
12/09/2020 12/09/20 For Sale $1,390,000 -- $677 / Sq Ft
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 $21,960 $1,407,105 -- --
2024 $20,369 $1,351,231 -- --
2023 $20,369 $1,228,392 $0 $0
2022 $17,949 $1,116,720 $0 $0
2021 $16,909 $1,015,200 $0 $0
2020 $18,219 $1,103,500 $0 $0
2019 $28,090 $1,771,000 $0 $0
2018 $25,771 $1,770,958 $0 $0
2017 $22,399 $1,356,155 $0 $0
2016 $20,685 $1,232,869 $0 $0
2015 $20,105 $1,120,790 $0 $0
2014 $17,620 $1,018,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Maria-Elda Castaneda

    Castaneda & Associates

    (305) 458-0788

    4 in this area

    10 Total Sales

    Maria-Elda Castaneda
    Section Image
  • Monica Betancourt

    Buyer's Agent in 2021

    Monica Betancourt

    Coldwell Banker Realty

    (305) 632-7248

    3 in this area

    99 Total Sales

    Monica Betancourt
    Section Image
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About Mar Azul Condominium

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10969055

MIAMI REALTORS® MLS

APN: 24-5204-011-0150

Florida Miami/Dade County Key Biscayne 33149

600 Grapetree Dr Unit 8AS, Key Biscayne, FL

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