NOT LISTED FOR SALE

Estimated Value: $693,000 - $880,000

2 Beds
1.5 Baths
875 Sq Ft
$866/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $699,000 $799 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,660/month

61 Days on Market

Highlights

  • Garden View
  • Community Pool
  • Central Heating and Cooling System
  • Key Biscayne K-8 Center Rated A-
  • Patio
  • 3-minute walk to Lake Park

About This Home

As of May 2024

Beautiful remodeled 2 floor townhouse in Le Phare Key Biscayne. 2 Bedrooms 1.5 Bathrooms remodeled recently with porcelain floors. Property is currently leased until November 2024 for $3,100. Le Phare offers heated community pool with gazebo and has a pet friendly policy. 1 Assigned parking space

Last Agent to Sell the Property

Gloria Ramirez

Great Properties International LLC License #3145849 Listed on: 03/01/2024

Great Properties International LLC

Last Buyer's Agent

Lourdes Lorenzo Luaces

Ocean Club Realty, Inc. License #3467479

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,573

Year Built

  • Built in 1951

HOA Fees

  • $929 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 875 Sq Ft Home
  • 2-Story Property
  • Garden Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-045-0270

Community Details

Overview

  • Le Phare Condos
  • Le Phare Key Biscayne Con Subdivision

Recreation

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,573

Year Built

Built in 1951

Lot Details

0

HOA Fees

$929 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse, Condo
  • Subdivision Name: LE PHARE KEY BISCAYNE CON
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 875
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bedroom Upstairs

Exterior Features

  • View: Garden View
  • Exterior Features: Other
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Le Phare
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 929
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-045-0270
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6573

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 2, 2024
Sold by
Mg Solutions Llc
Bought by
Unit 27 Le Phare Llc
Seller's Agent
Gloria Ramirez
Great Properties International LLC
Buyer's Agent
Lourdes Lorenzo Luaces
Ocean Club Realty, Inc.
List Price
$699,000
Sold Price
$699,000
Views
41
Current Estimated Value
$757,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,863
Avg. Annual Appreciation
2.14%

Purchase Details

Closed on
Nov 12, 2012
Sold by
Rodriguez Jesus I and Rodriguez Lazara M
Bought by
Mg Solutions Llc

Purchase Details

Closed on
Jul 17, 2002
Sold by
Gerard J Mulcahy M and Gerard Sophie H
Bought by
Rodriguez Jesus L and Rodriguez Lazara M

Purchase Details

Closed on
May 29, 1995
Sold by
Turner Vicki and Puddy James W
Bought by
Mulcahy Gerard Joseph and Mulcahy Sophie Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.64%
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
Unit 27 Le Phare Llc $699,000 None Listed On Document
Mg Solutions Llc $322,000 Attorney
Rodriguez Jesus L $215,000 --
Mulcahy Gerard Joseph $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Jesus I $320,000
Previous Owner Rodriguez Jesus L $167,000
Previous Owner Mulcahy Gerard Joseph $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $699,000 0.0% $799 / Sq Ft
03/01/2024 03/01/24 For Sale $699,000 0.0% $799 / Sq Ft
12/17/2019 12/17/19 Rented $2,650 -10.2% --
10/25/2019 10/25/19 Under Contract -- -- --
09/17/2019 09/17/19 For Rent $2,950 +22.9% --
06/30/2017 06/30/17 Rented $2,400 -4.0% --
06/06/2017 06/06/17 Price Changed $2,500 -10.7% $3 / Sq Ft
04/13/2017 04/13/17 Price Changed $2,800 -6.7% $3 / Sq Ft
03/16/2017 03/16/17 Price Changed $3,000 -7.7% $3 / Sq Ft
02/21/2017 02/21/17 Price Changed $3,250 +1.6% $4 / Sq Ft
02/21/2017 02/21/17 Price Changed $3,200 -1.5% $4 / Sq Ft
02/17/2017 02/17/17 For Rent $3,250 +9.5% --
03/04/2016 03/04/16 Rented $2,969 -15.2% --
02/03/2016 02/03/16 Under Contract -- -- --
12/29/2015 12/29/15 For Rent $3,500 +32.1% --
01/18/2013 01/18/13 Rented $2,650 0.0% --
12/19/2012 12/19/12 Under Contract -- -- --
12/18/2012 12/18/12 For Rent $2,650 -- --
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 $7,227 $550,186 -- --
2024 $6,846 $386,921 -- --
2023 $6,846 $351,747 $0 $0
2022 $5,575 $319,770 $0 $0
2021 $4,990 $290,700 $0 $0
2020 $5,650 $342,000 $0 $0
2019 $5,664 $342,000 $0 $0
2018 $5,475 $341,611 $0 $0
2017 $6,295 $360,855 $0 $0
2016 $5,635 $328,050 $0 $0
2015 $5,355 $298,228 $0 $0
2014 $4,695 $271,117 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11541011

MIAMI REALTORS® MLS

APN: 24-5205-045-0270