$5,750,000
$150K PRICE DROP

Estimated payment $38,666/month

Total Views 335,593
4 Beds
7 Baths
3,254 Sq Ft
$1,767 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Private Beach Pavilion
  • Key Biscayne K-8 Center Rated A-
  • Bar or Lounge
  • Fitness Center

About This Home

Exceptionally rare beachfront, standalone, townhouse in Key Colony, Key Biscayne. One of the few Miami-Dade properties with direct beach access. Spanning over 3,200 sqft, this 4-bed, 6-bath gem offers an unparalleled island lifestyle. Highlights include a private ground-floor cabana with new AC, impact windows & doors, a private elevator for easy access across its four levels, & Subzero paneled refrigerators. The rooftop terrace, complete with an outdoor wet bar, is perfect for enjoying sunset. With 6 parking spaces, including 2 in a private garage, providing added privacy & security. Located in the prestigious Key Colony, enjoy resort-style lifestyle with multiple pools, 12 tennis courts, a fitness center, & a spa. On-site amenities include a gourmet market, beach bar, & 24-hour security.

Listing Agent

Derek Varona

Sea Grove Realty License #3245277

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $37,440

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $3,452 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,254 Sq Ft Home
  • Property has 4 Levels
  • Ceiling Fan
  • Blinds
  • Family or Dining Combination
  • Sun or Florida Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Deck

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-016-2830

Community Details

Overview

  • 1,179 Units
  • Tidemark Condos
  • Key Colony No 1,Key Colony Subdivision

Amenities

  • Doorman
  • Clubhouse
  • Community Kitchen
  • Bar or Lounge

Recreation

  • Private Beach Pavilion
  • Community Playground

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$37,440

Year Built

Built in 1978 | Remodeled

Lot Details

0

HOA Fees

$3,452 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Townhouse
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Other,Unrestricted Salt Water Access
  • Unit Levels: 4
  • New Construction: No
  • Structure Type: Townhouse
  • Subdivision Name: KEY COLONY NO 1,KEY COLONY
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Bar, Family Room, Florida Room, Other, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Living Area: 3254
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 4
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Primary Bath Shower, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Family/Dining Combination, Other, Snack Bar/Counter
  • Living Room Features: Family Room, Florida Room, Other, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: Other, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TIDEMARK
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Other
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Complex Fenced, Doorman, Other, Security Patrol

Condo/Co-op/Association

  • Association Fee: 3452
  • Amenities: Bar, Child Play Area, Clubhouse-Clubroom, Exercise Room, Kitchen Facilities, Other, Pool, Private Beach Pavilion, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-42-32-016-2830
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 1179
  • Number Of Units Total: 286

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 37440

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

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 $37,440 $2,343,300 -- --
2023 $37,440 $2,343,300 $0 $0
2022 $36,393 $2,230,668 $0 $0
2021 $33,573 $2,218,700 $0 $0
2020 $36,960 $2,253,180 $0 $0
2019 $34,832 $2,209,000 $0 $0
2018 $29,484 $1,840,948 $0 $0
2017 $31,304 $1,937,840 $0 $0
2016 $32,043 $1,937,829 $0 $0
2015 $31,113 $1,761,663 $0 $0
2014 $29,233 $1,601,512 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Price Changed $5,750,000 -2.5% $1,767 / Sq Ft
10/01/2024 10/01/24 For Sale $5,900,000 -- $1,813 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 Future Advance Clause Open End Mortgage
Closed $1,000,000 Future Advance Clause Open End Mortgage
Closed $1,590,000 Unknown
Closed $1,200,000 Stand Alone First
Source: Public Records

About the Listing Agent

Derek Varona

Sea Grove Realty

(844) 793-5895

Section Image

Derek is one of the co-founders of Sea Grove Realty. Derek's diligence, trustworthy personality and analytical background are critical to Sea Grove Realty's ability to serve its clients.

Prior to founding Sea Grove Realty, Derek worked in a client service role as a CPA at Deloitte, the largest professional services firm in the world. Upon graduating from Loyola University Chicago, Derek joined Deloitte's Chicago office in its tax function. As a member of the client service team, Derek

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Source: MIAMI REALTORS® MLS

MLS Number: A11664960

MIAMI REALTORS® MLS

APN: 24-4232-016-2830