NOT LISTED FOR SALE

Ocean Lane Plaza 170 Ocean Lane Dr Unit 404 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $758,000 - $1,001,000

2 Beds
2 Baths
1,435 Sq Ft
$727/mo HOA Fee

Last Sold July 15, 2020

Last sale price $450,000 $314 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,752/month

46 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • End Unit
  • Key Biscayne K-8 Center Rated A-
  • Garden View
  • Heated Community Pool

About This Home

As of July 2020

Corner unit. Owner extremely motivated.

Last Agent to Sell the Property

Virginia Lattanzi

Luft Realty License #3096389 Listed on: 05/05/2020

Last Buyer's Agent

Gustavo Gambino

Gambino Real Estate Corp. License #3096862

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,150

Year Built

  • Built in 1981

HOA Fees

  • $727 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,435 Sq Ft Home
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-020-0230

Community Details

Overview

  • Mid-Rise Condominium
  • Ocean Lane Plaza Condos
  • Ocean Lane Plaza Condo Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,150

Year Built

Built in 1981

Lot Details

0

HOA Fees

$727 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN LANE PLAZA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Closet Cabinetry, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1435
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Stories: 12
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Bedroom Features: None
  • Dining Room Features: Dining/Living Room, Other
  • Master Bathroom Features: Bidet, Combination Tub & Shower

Exterior Features

  • View: Garden View, Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Ocean Lane Plaza
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 727
  • Amenities: Barbecue, Community Room, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-42-32-020-0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 727

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jul 13, 2020
Sold by
Brandao Marisa
Bought by
Markous Nicolas and Trueba Mariana
Seller's Agent
Virginia Lattanzi
Luft Realty
Buyer's Agent
Gustavo Gambino
Gambino Real Estate Corp.
List Price
$529,000
Sold Price
$450,000
Premium/Discount to List
-$79,000
-14.93%
Current Estimated Value
$858,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,102
Avg. Annual Appreciation
13.14%
Original Mortgage
$337,500
Outstanding Balance
$299,273
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$558,829

Purchase Details

Closed on
Oct 24, 2000
Sold by
Gerez Enrique M and Escudero Marta Amador
Bought by
Mucklow John and Mucklow Terri

Purchase Details

Closed on
Feb 10, 1999
Sold by
Madero Manuel V and Madero Diana
Bought by
Gerez Enrique M and Escudero Marta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,600
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1996
Sold by
Orpa Investments Inc
Bought by
Madero Manuel and Madero Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,700
Interest Rate
7.36%
Mortgage Type
New Conventional
Source: Public Records

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
Markous Nicolas $450,000 Attorney
Mucklow John $265,000 --
Gerez Enrique M $218,000 --
Madero Manuel $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markous Nicolas $337,500
Previous Owner Madero Manuel $152,600
Previous Owner Madero Manuel $182,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $450,000 -6.3% $314 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
05/23/2020 05/23/20 Price Changed $480,000 -9.3% $334 / Sq Ft
05/05/2020 05/05/20 For Sale $529,000 0.0% $369 / Sq Ft
05/22/2019 05/22/19 Rented $2,950 -4.8% --
04/10/2019 04/10/19 Under Contract -- -- --
01/08/2019 01/08/19 For Rent $3,100 -91.4% --
04/03/2017 04/03/17 Rented $36,000 +1100.0% --
03/17/2017 03/17/17 Under Contract -- -- --
01/30/2017 01/30/17 For Rent $3,000 -- --
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
2025 $6,295 $556,261 -- --
2024 $6,192 $435,997 -- --
2023 $6,192 $423,299 $0 $0
2022 $6,104 $410,970 $0 $0
2021 $6,121 $399,000 $0 $0
2020 $6,274 $380,000 $0 $0
2019 $7,150 $432,000 $0 $0
2018 $7,204 $449,795 $0 $0
2017 $8,636 $512,946 $0 $0
2016 $8,260 $466,315 $0 $0
2015 $7,938 $423,923 $0 $0
2014 $6,944 $385,385 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2020

    Virginia Lattanzi

    Luft Realty

    (786) 301-1767

    2 in this area

    14 Total Sales

    Virginia Lattanzi
    Section Image
  • Gustavo Gambino

    Buyer's Agent in 2020

    Gustavo Gambino

    Gambino Real Estate Corp.

    (786) 281-5050

    12 in this area

    44 Total Sales

    Gustavo Gambino
    Section Image
  • Nancy Restrepo

    Buyer's Agent in 2019

    Nancy Restrepo

    La Rosa Realty LLC

    (321) 939-3748

    1 in this area

    20 Total Sales

    Nancy Restrepo
    Section Image
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About Ocean Lane Plaza

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10853285

MIAMI REALTORS® MLS

APN: 24-4232-020-0230

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

170 Ocean Lane Dr Unit 404, Key Biscayne, FL

This home is located at 170 Ocean Lane Dr Unit 404, Key Biscayne, FL 33149 since 05 May 2020 and is currently estimated at $858,102, approximately $597 per square foot. This property was built in 1981. 170 Ocean Lane Dr Unit 404 is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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