NOT LISTED FOR SALE

Estimated Value: $909,000 - $1,061,651

2 Beds
2 Baths
1,532 Sq Ft
$1,800/mo HOA Fee

Last Sold December 20, 2024

Last sale price $900,000 $587 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,118/month

100 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • Sauna

About This Home

As of December 2024

This spacious 2 bedroom + Den, 2 bathroom unit offers 1,532 sf of living space. With a luminous kitchen, stainless steel appliances, and a balcony accessible from the living room and master bedroom. This apartment combines modern elegance with stunning views. Experience luxury island living at Emerald Bay, Key Colony, where privacy and security meet convenience and comfort. Located in the heart of Key Biscayne, just steps from shopping and the beach. Don't miss out on the chance to live in this prestigious Key Biscayne community! Best price per SF in Key Colony.

Last Listed By

Alejandra Stalder

Avanti Way Realty LLC License #3460868 Listed on: 08/06/2024

Avanti Way Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,084

Year Built

  • Built in 1980

HOA Fees

  • $1,800 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,532 Sq Ft Home
  • Built-In Features
  • Den
  • Marble Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-1250

Community Details

Overview

  • Mid-Rise Condominium
  • The Emerald Bay Condos
  • The Emerald Bay @ Key Colo Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby
  • Interior Hall
  • Bike Room

Recreation

  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,084

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,800 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Co List Office Mls Id: AVWY01
  • Co List Office Phone: 305-229-1146
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE EMERALD BAY @ KEY COLO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, Lobby, Built-in Features, Closet Cabinetry, Fire Sprinklers, Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1532
  • Possible Use: Primary
  • Stories: 12
  • Window Features: Hurricane Shutters
  • Bedroom Features: Other
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE EMERALD BAY
  • 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: Fire Sprinklers, Smoke Detector, Complex Fenced, Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1800
  • Amenities: Barbecue, Bike Storage, Bike/Jog Path, Community Room, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-019-1250
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Dec 20, 2024
Sold by
Carey Astaburuaga Diego and Correa Arrau Josefina
Bought by
Schott Monica Marie and Ferre Maurice Eduardo
Seller's Agent
Alejandra Stalder
Avanti Way Realty LLC
Buyer's Agent
Guadeloupe Heinz
Fortune Christie's Intl R.E.
List Price
$1,090,000
Sold Price
$900,000
Premium/Discount to List
-$190,000
-17.43%
Total Days on Market
100
Views
16
Current Estimated Value
$966,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,413
Avg. Annual Appreciation
23.29%
Original Mortgage
$720,000
Outstanding Balance
$718,130
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$248,283

Purchase Details

Closed on
Jul 23, 2021
Sold by
Fava Carlo F and Fava Lana M
Bought by
Astaburuaga Diego Carey and Arrau Josefina Correa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2005
Sold by
Vegas Carl M and Vegas Ana Maria
Bought by
Fava Carlo F and Fava Lana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 3, 2002
Sold by
Angel C Martin M and Angel Monica Martin
Bought by
Vegas Carl M and Vegas Ana M

Purchase Details

Closed on
Aug 4, 1993
Sold by
Martin Angel C
Bought by
Home Financing Cntr Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.26%

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
Schott Monica Marie $900,000 Rte Title
Schott Monica Marie $900,000 Rte Title
Astaburuaga Diego Carey $850,000 Attorney
Fava Carlo F $585,000 --
Vegas Carl M $447,500 --
Home Financing Cntr Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schott Monica Marie $720,000
Closed Schott Monica Marie $720,000
Previous Owner Astaburuaga Diego Carey $548,250
Previous Owner Fava Carlo F $365,000
Previous Owner Fava Carlo F $386,250
Previous Owner Fava Carlo F $468,000
Previous Owner Vegas Carl M $100,000
Previous Owner Home Financing Cntr Inc $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $900,000 -17.4% $587 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $1,090,000 +21.1% $711 / Sq Ft
10/14/2024 10/14/24 Off Market $900,000 -- --
08/06/2024 08/06/24 For Sale $1,090,000 -- $711 / 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
2024 $11,084 $751,604 -- --
2023 $11,084 $729,713 $0 $0
2022 $11,461 $708,460 $0 $0
2021 $9,612 $571,800 $0 $0
2020 $9,441 $571,817 $0 $0
2019 $10,394 $628,000 $0 $0
2018 $9,555 $596,593 $0 $0
2017 $10,363 $641,498 $0 $0
2016 $9,903 $589,260 $0 $0
2015 $9,626 $535,691 $0 $0
2014 $8,775 $486,992 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11636650

MIAMI REALTORS® MLS

APN: 24-4232-019-1250