$1,225,000
SOLD FEB 14, 2025
3 Beds
2 Baths
1,820 Sq Ft
$1,929/mo HOA Fee

Recently Sold

$673 Per Sq Ft

3% Below List Price

102 Days on Market

Highlights

  • Bar or Lounge
  • Fitness Center
  • Roman Tub
  • Key Biscayne K-8 Center Rated A-
  • Newly Remodeled
  • Marble Flooring

About This Home

As of February 2025

Welcome to Key Colony for investment (hotel program) or to live in! This stunning 3-bedroom, 2-bathroom apartment offers spacious living areas and plenty of natural light. The corner unit features two large balconies and generous closets for ample storage space. Included are two assigned parking spaces, and the building is located within a highly secure community, with 24/7 security at the main gate and constant patrols. Enjoy resort-style amenities such as tennis courts, multiple swimming pools, a gym, a restaurant, and direct beach access. This is the perfect place to create lasting memories with your family, just steps from the beach, restaurants, and shops. Plus, the unit can be rented weekly or monthly. Ideal for investors.

Last Agent to Sell the Property

Estela Serrano

Serrano & Associates Real Estate, LLC License #3082849

Serrano & Associates Real Estate, LLC

Last Buyer's Agent

Cristina Greeven

Coldwell Banker Realty License #0484486

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,989

Year Built

  • Built in 1981 | Newly Remodeled

Lot Details

  • South Facing Home

HOA Fees

  • $1,929 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,820 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Furniture for Sale
  • Blinds
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Restricted saltwater access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-024-2730

Community Details

Overview

  • 291 Units
  • Low-Rise Condominium
  • Key Colony Condo #4 Condos
  • Key Colony Condo,Botanica Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Bar or Lounge
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Complex Is Fenced
  • Complete Panel Shutters or Awnings

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,989

Year Built

Built in 1981 | Newly Remodeled

Lot Details

0

HOA Fees

$1,929 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: PLEASE USE MAPQUEST
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Restricted Salt Water Access
  • Unit Levels: 1
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: Key Colony Condo,Botanica
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Other, Roman Tub, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Marble, Wood
  • Furnished: Furniture For Sale, Furnished
  • Living Area: 1820
  • Possible Use: Secondary
  • Stories: 4
  • Window Features: Complete Panel Shutters/Awnings, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Other
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Key Colony Condo #4
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1929
  • Amenities: Bar, Child Play Area, Elevator(s), Exercise Room, Other, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 24-42-32-024-2730
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 291
  • Number Of Units Total: 291

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9989

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

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $1,225,000 -2.8% $673 / Sq Ft
11/04/2024 11/04/24 For Sale $1,260,000 -- $692 / 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
2024 $13,508 $825,220 -- --
2023 $13,508 $750,200 $0 $0
2022 $11,858 $682,000 $0 $0
2021 $10,405 $620,000 $0 $0
2020 $10,236 $620,000 $0 $0
2019 $11,785 $712,000 $0 $0
2018 $11,539 $723,693 $0 $0
2017 $11,068 $652,931 $0 $0
2016 $10,794 $593,574 $0 $0
2015 $10,548 $539,613 $0 $0
2014 $9,405 $490,558 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $183,750 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,225,000 None Listed On Document
Warranty Deed $500,000 Attorney
Warranty Deed $550,000 --
Warranty Deed $680,000 --
Warranty Deed $340,000 --
Deed $262,500 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11687902

MIAMI REALTORS® MLS

APN: 24-4232-024-2730