$470,000
$135K PRICE DROP

Estimated payment $3,566/month

Total Views 2,819
1 Bed
1.5 Baths
744 Sq Ft
$632 Price per Sq Ft

Highlights

  • Garden View
  • Community Pool
  • Cooling Available
  • Key Biscayne K-8 Center Rated A-
  • Elevator
  • Card or Code Access

About This Home

Spacious 1-bedroom, 1.5-bath unit in the Palms of Key Biscayne offering the perfect blend of comfort and potential. Thoughtfully maintained and ready for your personal updates, this residence features a large primary suite with walk-in closet, an additional guest half bath, and a truly unique oversized balcony. Partially enclosed with sliding glass doors, the balcony adds valuable interior living space while still offering a generous outdoor area—ideal for entertaining or relaxing. Enjoy resort-style living with access to Key Biscayne’s world-class amenities and minutes from Brickell and Coconut Grove.

Listing Agent

Veronica Crego-flores

Genstone Realty License #3442761 Listed on: 03/23/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1974 | Remodeled

HOA Fees

  • $969 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 744 Sq Ft Home
  • Garden Views

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-064-0020

Community Details

Overview

  • Mid-Rise Condominium
  • Palms Of Key Biscayne Con Condos
  • The Palms Of Key Biscayne Subdivision
  • 10-Story Property

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Additional Features

  • Elevator
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,260

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$969 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PALMS OF KEY BISCAYNE
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Living Area: 744
  • Stories: 10
  • Bedroom Features: Other

Exterior Features

  • View: Garden View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALMS OF KEY BISCAYNE CON
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Card Entry

Condo/Co-op/Association

  • Association Fee: 969
  • Amenities: Elevator(s), Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-064-0020

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1260

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,260 $150,373 -- --
2024 $1,210 $146,136 -- --
2023 $1,210 $141,880 $0 $0
2022 $1,327 $137,748 $0 $0
2021 $1,315 $133,736 $0 $0
2020 $1,090 $131,890 $0 $0
2019 $1,046 $128,925 $0 $0
2018 $960 $126,522 $0 $0
2017 $943 $123,920 $0 $0
2016 $937 $121,372 $0 $0
2015 $954 $120,529 $0 $0
2014 $974 $119,573 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Price Changed $470,000 -3.1% $632 / Sq Ft
07/26/2025 07/26/25 Price Changed $484,900 -6.7% $652 / Sq Ft
06/25/2025 06/25/25 Price Changed $519,900 0.0% $699 / Sq Ft
06/25/2025 06/25/25 For Sale $519,900 -14.1% $699 / Sq Ft
05/30/2025 05/30/25 Off Market $605,000 -- --
03/23/2025 03/23/25 For Sale $605,000 -- $813 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Certificate Of Transfer $300,200 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11768846

MIAMI REALTORS® MLS

APN: 24-4232-064-0020