NOT LISTED FOR SALE

Estimated Value: $740,748 - $847,000

2 Beds
2 Baths
1,231 Sq Ft
1974 Built

Highlights

  • In Ground Pool
  • Marble Flooring
  • Walk-In Closet
  • Key Biscayne K-8 Center Rated A-
  • No HOA
  • Guest Parking

About This Home

As of October 2015

Paradise living in Key Biscayne! This 2 bed 2 bath is remodeled and updated with great city views, large balcony, walk-in closets, beautiful open kitchen, marble floors throughout and washer and dryer in unit. Desirable location! Unit is within walking di stance to beach, Miami Open Tennis, village shopping, parks, restaurants, golf.

Last Agent to Rent the Property

Belinda Sime

Sime Realty Corporation License #0636344 Listed on: 09/01/2015

Last Renter's Agent

Elisa Larrain

Avanti Way Realty LLC License #3281462

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,038

Year Built

  • Built in 1974

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,231 Sq Ft Home
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Additional Features

  • Accessible Elevator Installed
  • In Ground Pool
  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 9/1/15
  • Assessor Parcel Number 24-42-32-064-0290

Community Details

Overview

  • No Home Owners Association
  • The Palms Of Key Biscayne Condos
  • The Palms Of Key Biscayne Subdivision
  • 10-Story Property

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,038

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2015-09-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Entry Level: 7
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Building Stories: 10
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE PALMS OF KEY BISCAYNE
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 10

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Elevator, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1231
  • Stories: 10
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE PALMS OF KEY BISCAYNE
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 24-42-32-064-0290
  • Land Lease Amount Frequency: Annually
  • Zoning: 38/MUL L
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
Fritz Silke
Bought by
Fritz Silke and Srinivasan Ashwanth
Current Estimated Value
$789,187

Purchase Details

Closed on
Jul 16, 1999
Sold by
Drennan Drennan W and Drennan Joan F
Bought by
Fritz Silke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Outstanding Balance
$16,659
Interest Rate
7.43%
Mortgage Type
New Conventional
Estimated Equity
$772,528
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fritz Silke -- Attorney
Fritz Silke $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fritz Silke $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2015 09/01/15 Rented $3,100 -3.1% --
09/01/2015 09/01/15 For Rent $3,200 -- --
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 $4,038 $294,566 -- --
2023 $4,038 $285,987 $0 $0
2022 $3,985 $277,658 $0 $0
2021 $3,991 $269,571 $0 $0
2020 $3,742 $265,850 $0 $0
2019 $7,134 $431,000 $0 $0
2018 $6,281 $392,184 $0 $0
2017 $6,769 $419,000 $0 $0
2016 $7,239 $437,760 $0 $0
2015 $7,398 $437,760 $0 $0
2014 $4,241 $283,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2168374

MIAMI REALTORS® MLS

APN: 24-4232-064-0290