NOT LISTED FOR SALE

Estimated Value: $1,401,000 - $1,674,000

2 Beds
2 Baths
1,670 Sq Ft
1974 Built

Sale Details

Date Sold: June 3, 2024

Last sale price $1,470,000 $880 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,720 / mo

66 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Private Beach Pavilion
  • Clubhouse

About This Home

As of June 2024

Fully renovated, this elegant condo transitions from a 2-bedroom to a spacious 3-bedroom plus den, with 2 baths. It features an enclosed balcony, entry foyer, laundry room, high-end Thermador appliances, and custom California Closets for sophisticated storage. Bright and sunny, it offers direct beach access, luxurious amenities including a pool, modern gym with sauna, and spaces for social gatherings. Includes 1 covered parking, additional exterior spaces, and a storage locker. Steps from the beach, it's the epitome of convenience and leisure.

Last Agent to Sell the Property

Carolina Volquez

MMLS Assoc.-Inactive Member License #3440819 Listed on: 03/28/2024

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Maria Beatriz Pares

London Foster Realty License #3264755

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,410

Year Built

  • Built in 1974

HOA Fees

  • $1,959 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

  • Garden

Home Design

  • Entry on the 4th floor
  • Concrete Block With Brick

Interior Spaces

  • 1,670 Sq Ft Home
  • Partially Furnished
  • Built-In Features
  • Entrance Foyer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-011-1100

Community Details

Overview

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

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Community Storage Space

Recreation

  • Private Beach Pavilion

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,410

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$1,959 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAR-AZUL CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Entrance Foyer, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Marble
  • Furnished: Unfurnished, Partially Furnished
  • Living Area: 1670
  • Possible Use: Primary
  • Stories: 11
  • Bedroom Features: Entry Level

Exterior Features

  • View: Garden View, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block With Brick
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MAR-AZUL CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1959
  • Amenities: Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Storage, Other, Pool, Private Beach Pavilion, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-011-1100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jun 3, 2024
Sold by
Rivera Ivan M and Volquez Carolina D
Bought by
Fried Matthew David and Fried Andrea Badin
Seller's Agent
Carolina Volquez
MMLS Assoc.-Inactive Member
Buyer's Agent
Maria Beatriz Pares
London Foster Realty
List Price
$1,500,000
Sold Price
$1,470,000
Premium/Discount to List
-$30,000
-2%
Views
72
Current Estimated Value
$1,521,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,884
Avg. Annual Appreciation
1.93%

Purchase Details

Listed on
Feb 16, 2012
Closed on
Aug 2, 2012
Sold by
Ciano Pablo Ignacio and De Ciano Silvia Maulhardt
Bought by
Rivera Ivan M and Volquez Carolina D
Seller's Agent
Florencia Moni
BHHS EWM Realty
Buyer's Agent
Lourdes Gonzalez
MMLS Assoc.-Inactive Member
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$417,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2005
Sold by
Task Investments Corp
Bought by
Ciano Pablo Ignacio and Deciano Silvia Maulhardt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 6, 2003
Sold by
Wilson Pamela M
Bought by
Task Investments Corp
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 Buyer Sale Price Title Company
Fried Matthew David $1,470,000 None Listed On Document
Rivera Ivan M $625,000 None Available
Rivera Ivan M $625,000 None Available
Ciano Pablo Ignacio $540,000 --
Task Investments Corp $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Ivan M $417,000
Previous Owner Ciano Pablo Ignacio $432,000
Closed Ciano Pablo Ignacio $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2024 06/03/24 Sold $1,470,000 -2.0% $880 / Sq Ft
03/28/2024 03/28/24 For Sale $1,500,000 +140.0% $898 / Sq Ft
08/01/2012 08/01/12 Sold $625,000 0.0% $374 / Sq Ft View Prior Sale
07/17/2012 07/17/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $625,000 -- $374 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $7,530 $1,113,000 -- --
2024 $7,410 $514,782 -- --
2023 $7,410 $499,789 $0 $0
2022 $7,284 $485,233 $0 $0
2021 $7,307 $471,100 $0 $0
2020 $7,372 $485,700 $0 $0
2019 $8,527 $554,374 $0 $0
2018 $8,081 $544,038 $0 $0
2017 $7,975 $532,849 $0 $0
2016 $7,986 $521,890 $0 $0
2015 $8,104 $518,263 $0 $0
2014 $8,226 $514,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11557946

MIAMI REALTORS® MLS

APN: 24-5204-011-1100

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