NOT LISTED FOR SALE

Mar Azul Condominium 600 Grapetree Dr Unit PH11ES Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $2,026,000 - $2,382,000

3 Beds
3 Baths
2,834 Sq Ft
$2,371/mo HOA Fee

Last Sold October 10, 2023

Last sale price $2,000,000 $706 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $16,363/month

84 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Golf Course Community
  • Intracoastal View

About This Home

As of October 2023

This Fabulous corner PH unit at Mar Azul Condominium features 3 bedrooms plus large Den with WIC and access to a full bathroom which makes it a comfortable 4th bedroom. 3 bathrooms, large kitchen, 4 spacious WIC, & Laundry with side by side washer & dryer. Apt has 2834 sqft of a/c living space and Amazing views of the ocean from every room!! Including of the Bill Bags State Park & the famous 1825 KB lighthouse! Main bedroom offers views of the intracoastal canal, downtown Miami, Coral Gables and more. Spectacular Sunsets Every Day!! Because the unit is a PH Corner it offers great independence and privacy. Apt comes with two side by side covered and very protected parking spaces in the lobby floor near to the access door.

Last Agent to Sell the Property

Paulette Monserrate-Schena

BHHS EWM Realty License #0689885 Listed on: 06/27/2023

BHHS EWM Realty

Last Buyer's Agent

Maria Parra Loughlin

Compass Florida, LLC License #3292810

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,319

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $2,371 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

Home Design

  • Penthouse
  • Entry on the 11th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,834 Sq Ft Home
  • Blinds
  • Den
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Mast Academy High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-011-0900

Community Details

Overview

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

Amenities

  • Doorman
  • Community Kitchen
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

  • Golf Course Community
  • Fitness Center

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Private Guards
  • Partial Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,319

Year Built

Built in 1974

Lot Details

0

HOA Fees

$2,371 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Penthouse
  • Directions: Mar Azul is an A-rated boutique Condo with only 126 apts. 24hr concierge, 2 meeting/event rooms one on PH floor with SPECTACULAR views equipped with bar & kitchen, modern beachfront Gym, beachside Swimming pool, private lounge chairs & umbrellas on Beach.
  • Entry Level: 11
  • 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, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2834
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 11
  • Window Features: Partial Accordian Shutters, Blinds
  • Bedroom Features: Entry Level
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Bay, Intracoastal View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Lobby Secured, Private Guards

Condo/Co-op/Association

  • Association Fee: 2371
  • Amenities: Bike Storage, Elevator(s), Exercise Room, Golf Course Com, Kitchen Facilities, Pool, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-04-011-0900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2371

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12319

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Oct 10, 2023
Sold by
Gutierrez Marta
Bought by
Maena Invesments Corp
Seller's Agent
Paulette Monserrate-Schena
BHHS EWM Realty
Buyer's Agent
Maria Parra Loughlin
Compass Florida, LLC
List Price
$2,395,000
Sold Price
$2,000,000
Premium/Discount to List
-$395,000
-16.49%
Views
84
Current Estimated Value
$2,233,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,740
Avg. Annual Appreciation
4.34%
Original Mortgage
$1,200,000
Outstanding Balance
$1,175,942
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$995,074
Source: Public Records

Range of Values:

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Average Value
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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
Maena Invesments Corp $2,000,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maena Invesments Corp $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $2,000,000 -16.5% $706 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $2,395,000 -- $845 / 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
2025 $25,093 $1,597,700 -- --
2024 $12,621 $1,597,700 -- --
2023 $12,621 $826,174 $0 $0
2022 $12,319 $802,111 $0 $0
2021 $12,370 $778,749 $0 $0
2020 $12,033 $767,998 $0 $0
2019 $11,777 $750,732 $0 $0
2018 $11,167 $736,735 $0 $0
2017 $11,024 $721,582 $0 $0
2016 $11,043 $706,741 $0 $0
2015 $11,206 $701,829 $0 $0
2014 $11,376 $696,259 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paulette Monserrate-Schena

    Seller's Agent in 2023

    Paulette Monserrate-Schena

    BHHS EWM Realty

    (305) 610-4147

    13 in this area

    30 Total Sales

    Paulette Monserrate-Schena
    Section Image

  • M

    Buyer's Agent in 2023

    Maria Parra Loughlin

    Compass Florida, LLC

    (305) 878-2488

    6 in this area

    15 Total Sales

    Maria Parra Loughlin
    Section Image
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About Mar Azul Condominium

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11410071

MIAMI REALTORS® MLS

APN: 24-5204-011-0900

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

600 Grapetree Dr Unit PH11ES, Key Biscayne, FL

This home is located at 600 Grapetree Dr Unit PH11ES, Key Biscayne, FL 33149 since 27 June 2023 and is currently estimated at $2,233,740, approximately $788 per square foot. This property was built in 1974. 600 Grapetree Dr Unit PH11ES is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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