NOT LISTED FOR SALE

Estimated Value: $824,000 - $1,013,000

2 Beds
2 Baths
1,450 Sq Ft
$1,122/mo HOA Fee

Last Sold January 31, 2024

Last sale price $870,000 $600 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,026/month

141 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Vaulted Ceiling
  • Heated Community Pool

About This Home

As of January 2024

Spacious, renovated 2 bed 2 bath split plan. Vaulted high ceilings, spacious rooms, Master Bed has ample walking closet. Main bathroom has a 2 sinks area & a sliding door for privacy to toilet & large marble shower. Plenty of natural light, enjoy beautiful sunsets. Ample kitchen, plenty of cabinets, stainless-steel appliances. Balcony faces one of the pools & luscious palm trees. The balcony is temporarily inaccessible but will be once railing is installed. 40-year renovation ongoing. Gated community, 24/7 security. Top Rated Schools. Island living, 5-minute walk to beach, shops & restaurants. Amenities: 2 pools, jacuzzi, gym, BBQ & party room. Ideal for families. Easy access to Brickell, Downtown, Coconut Grove & Airport.

Last Agent to Sell the Property

Esperanza Alegrett

Edivial International Realty Brokerage Phone: 305-215-7842 License #3330210 Listed on: 07/19/2023

Co-Listed By

Diana Zubillaga

MMLS Assoc.-Inactive Member Brokerage Phone: 305-215-7842 License #3154368

Last Buyer's Agent

Alejandra Castillo

PMG Residential LLC License #3246215

PMG Residential LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,606

Year Built

  • Built in 1982

HOA Fees

  • $1,122 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Penthouse

Interior Spaces

  • 1,450 Sq Ft Home
  • 4-Story Property
  • Custom Mirrors
  • Built-In Features
  • Vaulted Ceiling
  • Plantation Shutters
  • Blinds
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-023-0560

Community Details

Overview

  • Low-Rise Condominium
  • Ocean Village Condo
  • Ocean Village Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Community Center
  • Party Room
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,606

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,122 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Co List Office Mls Id: EWM 08
  • Co List Office Phone: 305-361-5600
  • Directions: Pass the guard gate, go straight & at the end take a right, entrance is building #3 or #4 next to one of the pools. There is guest parking painted in green all along the parking lot.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OCEAN VILLAGE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Attribution Contact: 305-215-7842
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Custom Mirrors, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Other
  • Furnished: Unfurnished
  • Living Area: 1450
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows, Plantation Shutters
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN VILLAGE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Guest, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Guard At Site

Condo/Co-op/Association

  • Association Fee: 3365
  • Amenities: Bike Storage, Barbecue, Community Room, Exercise Room, Heated Pool, Exterior Lighting, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-42-32-023-0560
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3365

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Jan 31, 2024
Sold by
Cumaca Holdings Inc
Bought by
Cristina A Jorda Revocable Living Trust and Jorda
Seller's Agent
Esperanza Alegrett
Edivial International Realty
Buyer's Agent
Alejandra Castillo
PMG Residential LLC
List Price
$1,090,000
Sold Price
$870,000
Premium/Discount to List
-$220,000
-20.18%
Views
93
Current Estimated Value
$927,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,179
Avg. Annual Appreciation
3.04%
Original Mortgage
$652,500
Outstanding Balance
$644,121
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$262,643

Purchase Details

Closed on
Jun 15, 1999
Sold by
Kleinbaum Paul and Paige Carrie L
Bought by
Cumaca Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,800
Interest Rate
6.94%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Cristina A Jorda Revocable Living Trust $870,000 None Listed On Document
Cumaca Holdings Inc $202,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cristina A Jorda Revocable Living Trust $652,500
Previous Owner Cumaca Holdings Inc $206,000
Previous Owner Cumaca Holdings Inc $151,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $870,000 -10.8% $600 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
11/01/2023 11/01/23 Price Changed $975,000 -10.6% $672 / Sq Ft
07/19/2023 07/19/23 For Sale $1,090,000 -- $752 / 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 $8,860 $505,780 -- --
2023 $8,860 $459,800 $0 $0
2022 $7,606 $418,000 $0 $0
2021 $6,456 $380,000 $0 $0
2020 $6,274 $380,000 $0 $0
2019 $6,637 $401,000 $0 $0
2018 $6,425 $401,147 $0 $0
2017 $7,695 $466,578 $0 $0
2016 $7,679 $424,162 $0 $0
2015 $7,050 $385,602 $0 $0
2014 $6,570 $350,548 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11421964

MIAMI REALTORS® MLS

APN: 24-4232-023-0560