NOT LISTED FOR SALE

Estimated Value: $747,636 - $900,000

2 Beds
2 Baths
1,123 Sq Ft
$726/Sq Ft Est. Value

Highlights

  • Ocean View
  • Outdoor Pool
  • No HOA
  • Key Biscayne K-8 Center Rated A-
  • Furnished
  • Community Center

About This Home

As of June 2017

Still looking for a summer rental? Look no further -- this fully furnished and updated 2/2 unit has great ocean views from both bedrooms, living room and balcony! Enjoy sunrises and ocean breezes at night! Located just one block from the beach and the tropical bike/walk paths through Crandon Park. Easy access to shopping areas and public transportation. Available for short-term (3 month rental).

Last Agent to Rent the Property

Ivette Thomas

Fortune Christie's International Real Estate License #0397307 Listed on: 05/12/2017

Fortune Christie's International Real Estate

Last Renter's Agent

Danilo Tavares

The Corcoran Group License #3329953

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,093

Year Built

  • Built in 1974

Lot Details

  • East Facing Home
  • Property is zoned 3800

Parking

  • 1 Car Garage
  • Guest Parking

Interior Spaces

  • 1,123 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Door Monitored By TV
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Pool
  • Balcony

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 5/15/17
  • Short Term Lease Lease Term
  • Assessor Parcel Number 24-42-32-064-0450

Community Details

Overview

  • No Home Owners Association
  • The Palms Of Key Biscayne,The Palms Of Key Bis Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers
  • Property has 1 Level

Amenities

  • Community Center
  • Elevator

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,093

Year Built

Built in 1974

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2017-05-15
  • Lease Term: Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1974
  • Architectural Style: High Rise
  • Directions: Upon entering Key Biscayne, turn left at first light (Ocean Lane Drive) and make an immediate right into the parking lot of the building. Guest parking available at south side of building.
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 11
  • Structure Type: Condo/Co-Op/Seasonal
  • Subdivision Name: THE PALMS OF KEY BISCAYNE,THE PALMS OF KEY BIS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 11

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Elevator, Fire Sprinklers, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Furnished
  • Living Area: 1123
  • Other Equipment: Elevator
  • Stories: 11
  • Window Features: Hurricane Shutters, Blinds, Sliding
  • Dining Room Features: Breakfast Area, Dining/Living Room

Exterior Features

  • View: Ocean, Water
  • Exterior Features: Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Features: Community
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE PALMS OF KEY BISCAYNE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Guest, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Key Card Entry, TV Monitor

Condo/Co-op/Association

  • Amenities: Activity Room, Community Pool, Elevator(s), Management On Site
  • Association: No

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-064-0450
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 3800
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2013
Sold by
Steele Clifford R and Steele Mary E
Bought by
Infantas Carolyn I
Current Estimated Value
$815,159

Purchase Details

Closed on
Jun 11, 2013
Sold by
Steele Clifford G
Bought by
Steele Clifford G and Steele Clifford R

Purchase Details

Closed on
Jun 16, 1997
Sold by
Sanchez Adela
Bought by
Steele Clifford G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1997
Sold by
Alayeto Fernando and Alayeto Adela S
Bought by
Sanchez Adela
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
Infantas Carolyn I $415,000 Attorney
Steele Clifford G -- None Available
Steele Clifford G $180,000 --
Sanchez Adela $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steele Clifford G $141,000
Previous Owner Sanchez Adela $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Rented $3,100 -3.1% --
05/11/2017 05/11/17 For Rent $3,200 -8.6% --
10/10/2014 10/10/14 Rented $3,500 -7.9% --
10/10/2014 10/10/14 For Rent $3,800 -- --
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
2024 $8,093 $538,389 -- --
2023 $8,093 $489,445 $0 $0
2022 $7,274 $444,950 $0 $0
2021 $6,859 $404,500 $0 $0
2020 $6,678 $404,500 $0 $0
2019 $7,131 $448,000 $0 $0
2018 $6,269 $407,454 $0 $0
2017 $5,578 $345,300 $0 $0
2016 $5,710 $345,300 $0 $0
2015 $5,836 $345,300 $0 $0
2014 $5,687 $328,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10276058

MIAMI REALTORS® MLS

APN: 24-4232-064-0450