$2,542,818
SOLD NOV 26, 2019
3 Beds
4.5 Baths
3,320 Sq Ft
1996 Built

Recently Sold

$766 Per Sq Ft

14% Below List Price

36 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Newly Remodeled
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Two Primary Bathrooms

About This Home

As of November 2019

Spectacular E model unit at stunning Grand Bay Residences. Private elevator entrance to a flow through 3 bedroom, 4.5 bath unit on the 8th floor with breathtaking ocean views from the east & bay views from the west. Spacious ocean side eat in kitchen, ample living & dining areas exiting to large terrace. Bedrooms with Sunset views & Biscayne Bay. Double door master suite with His/Her separate bathrooms and plentiful walk in closets. Additional en suite bedrooms with access to west side terrace. Recently remodeled building offers full amenities and exceptional services. Walk next door to enjoy the ambiance of the Ritz Carlton Hotel or join the Grand Bay private Club. Enjoy the grandiose lifestyle this Unit will offer. Owner also has a maid's room downstairs that can purchased separately.

Last Agent to Sell the Property

Thania Vernon

Fortune Christie's International Real Estate License #0552872 Listed on: 09/27/2019

Fortune Christie's International Real Estate

Last Buyer's Agent

Ileana Larrubia

BHHS EWM Realty License #3028769

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,779

Year Built

  • Built in 1996 | Newly Remodeled

Lot Details

  • Ocean Front
  • East Facing Home

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • Direct Ocean
  • Bay

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,320 Sq Ft Home
  • Custom Mirrors
  • Blinds
  • Entrance Foyer
  • Family Room
  • Open Floorplan
  • Video Cameras
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Property has ocean access
  • Courtyard

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-049-0620

Community Details

Overview

  • Property has a Home Owners Association
  • 200 Units
  • Mid-Rise Condominium
  • Gran Bay Residences Condos
  • Grand Bay Residences Cond,Grand Bay Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Kitchen
  • Community Center
  • Party Room

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,327

Security

  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,779

Year Built

Built in 1996 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Enter Key Biscayne stay on Crandon Blvd heading North . Wallfall Entrance designated on the left of Crandon Blvd.
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Master Model: F
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GRAND BAY RESIDENCES COND,Grand Bay
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Custom Mirrors, Elevator, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s), Family Room, Separate Guest/In-Law Quarters
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 3320
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 12
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Florida/Dining Combination
  • Living Room Features: Family Room, Separate Guest/In-Law Quarters
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Direct Ocean
  • Exterior Features: East Of Us1, Courtyard
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Gran Bay Residences
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking, TV Camera

Condo/Co-op/Association

  • Amenities: Community Room, Exercise Room, Kitchen Facilities, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-049-0620
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2327
  • Number Of Units In Community: 200
  • Number Of Units Total: 101

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 34779

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Nov 22, 2019
Sold by
Goldman Jeffrey B and Sanders Lynne A
Bought by
Grand Bay 807 Corp
Seller's Agent
Thania Vernon
Fortune Christie's International Real Estate
Buyer's Agent
Ileana Larrubia
BHHS EWM Realty
List Price
$2,950,000
Sold Price
$2,542,818
Premium/Discount to List
-$407,182
-13.8%
Current Estimated Value
$4,153,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,610,502
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
May 7, 2014
Sold by
Bell Lynne A
Bought by
Arnold L Goldman Revocable Trust

Purchase Details

Closed on
May 1, 2012
Sold by
Goldman Arnold
Bought by
Arnold Revocable Trust

Purchase Details

Closed on
Mar 23, 1998
Sold by
O'Connell Sara G and O'Connell Richard
Bought by
Goldman Arnold and Goldman Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1996
Sold by
G B Residences Of Key Biscayne Ltd
Bought by
O'Connell Sara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,500
Interest Rate
8.28%
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 Type Sale Price Title Company
Warranty Deed $2,542,900 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,500,000 --
Deed $1,333,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Previous Owner $900,000 Unknown
Previous Owner $1,000,000 New Conventional
Previous Owner $880,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2019 11/26/19 Sold $2,542,818 -13.8% $766 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $2,950,000 -- $889 / 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 $44,174 $2,903,709 -- --
2024 $38,711 $2,639,736 -- --
2023 $38,711 $2,399,760 $0 $0
2022 $34,871 $2,181,600 $0 $0
2021 $33,443 $2,020,000 $0 $0
2020 $33,350 $2,019,960 $0 $0
2019 $35,950 $2,172,000 $0 $0
2018 $34,779 $2,171,625 $0 $0
2017 $46,650 $2,887,799 $0 $0
2016 $47,752 $2,887,799 $0 $0
2015 $46,927 $2,776,730 $0 $0
2014 $26,529 $1,572,523 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10747353

MIAMI REALTORS® MLS

APN: 24-5205-049-0620