NOT LISTED FOR SALE

Estimated Value: $1,011,000 - $1,220,000

2 Beds
2 Baths
1,531 Sq Ft
$1,659/mo HOA Fee

Last Sold December 09, 2024

Last sale price $1,000,000 $653 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,976/month

263 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Main Floor Primary Bedroom
  • Sauna

About This Home

As of December 2024

Unit with TWO PARKINGS!! Experience an Oceanfront resort-like lifestyle in the exclusive Key Colony community on the Paradise Island of Key Biscayne. This beautiful condo offers spacious 2 bedrooms, 2 Bathrooms, a laundry area-closet/storage, and 2 covered assigned parking. This unit has a nice living area and an open kitchen. NEW Air conditioner. The kitchen has stainless steel appliances: NEW Refrigerator, NEW Range/oven-air fryer, NEW microwave, NEW dishwasher, freshly painted, with vinyl floors and NEW blinds. TIDEMARK is the best building in the KEY COLONY Condo. This fantastic condo offers 24-hour security, a front desk, private beach access, 12 tennis courts, a lap pool, an exercise room, a children's playground, sauna, steam room, and recreation room. EASY TO SHOW!

Last Listed By

Marina Velazquez Valiente

The Keyes Company Brokerage Phone: 305-998-8363 License #3421080 Listed on: 03/18/2024

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,665

Year Built

  • Built in 1978

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,659 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Property Views

  • Garden
  • Club Area

Interior Spaces

  • 1,531 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway

Outdoor Features

  • Property has ocean access

Location

  • East of U.S. Route 1

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-016-0620

Community Details

Overview

  • Mid-Rise Condominium
  • Tidemark Key Colony Condos
  • Key Colony No 1 Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Car Wash Area
  • 12-Story Property

Amenities

  • Trash Chute
  • Community Center
  • Party Room
  • Community Library
  • Secure Lobby
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Card or Code Access
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,665

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,659 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Restricted Salt Water Access
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: KEY COLONY NO 1
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Attribution Contact: 305-998-8363
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Elevator, Walk-In Closet(s), Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed, Accessible Hallway(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Vinyl
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 1531
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Stories: 12
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level, Primary Bath Tub, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Club Area View, Garden View
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TIDEMARK - KEY COLONY
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Guest, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Card Entry, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1659
  • Amenities: Bike Storage, Child Play Area, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Library, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-016-0620
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12665

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Nov 22, 2024
Sold by
Salamanca Trust and Kalledey Jorge E
Bought by
Rotman Leo
Seller's Agent
Marina Velazquez Valiente
The Keyes Company
Buyer's Agent
Yadira Henriquez Saba
BHHS EWM Realty
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Total Days on Market
263
Views
73
Current Estimated Value
$1,114,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,099
Avg. Annual Appreciation
33.91%
Original Mortgage
$800,000
Outstanding Balance
$796,717
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$317,382

Purchase Details

Closed on
Nov 3, 2013
Sold by
Kalledey Jorge E
Bought by
Jorge E Kalledey Trs

Purchase Details

Closed on
Apr 11, 2013
Sold by
Mendez Horacio Ferro
Bought by
Kalledey Jorge E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2009
Sold by
Dieter Investments Inc
Bought by
Mendez Horacio Ferro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 1999
Sold by
Multi Fl Realty Corp
Bought by
Dieter Investments Inc

Purchase Details

Closed on
Apr 22, 1999
Sold by
Clerk Of The Court
Bought by
Multi Fl Realty Corp

Purchase Details

Closed on
Feb 17, 1999
Sold by
Dade County Circuit Court
Bought by
Citibank Fsb

Purchase Details

Closed on
Sep 29, 1993
Sold by
Howard Barry
Bought by
Greenberg David F and Greenberg Marta T

Range of Values:

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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
Rotman Leo $1,000,000 None Listed On Document
Jorge E Kalledey Trs $100 --
Kalledey Jorge E $580,000 Attorney
Mendez Horacio Ferro $475,000 Attorney
Dieter Investments Inc $222,500 --
Multi Fl Realty Corp -- --
Citibank Fsb $100 --
Greenberg David F $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rotman Leo $800,000
Previous Owner Kalledey Jorge E $400,000
Previous Owner Mendez Horacio Ferro $273,000
Previous Owner Citibank Fsb $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $1,000,000 -4.8% $653 / Sq Ft
12/07/2024 12/07/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $1,050,000 -4.5% $686 / Sq Ft
09/06/2024 09/06/24 Price Changed $1,100,000 0.0% $718 / Sq Ft
09/06/2024 09/06/24 For Sale $1,100,000 +10.0% $718 / Sq Ft
09/05/2024 09/05/24 Off Market $1,000,000 -- --
06/28/2024 06/28/24 Price Changed $1,150,000 -3.4% $751 / Sq Ft
04/23/2024 04/23/24 Price Changed $1,190,000 -8.1% $777 / Sq Ft
03/18/2024 03/18/24 For Sale $1,295,000 -- $846 / 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 $13,193 $774,775 -- --
2023 $13,193 $704,341 $0 $0
2022 $11,664 $640,310 $0 $0
2021 $9,782 $582,100 $0 $0
2020 $9,152 $554,344 $0 $0
2019 $10,411 $629,000 $0 $0
2018 $9,538 $595,571 $0 $0
2017 $10,677 $660,381 $0 $0
2016 $10,527 $600,347 $0 $0
2015 $9,224 $545,770 $0 $0
2014 $8,739 $505,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11551871

MIAMI REALTORS® MLS

APN: 24-4232-016-0620