NOT LISTED FOR SALE

Ocean Lane Plaza 170 Ocean Lane Dr Unit 501 Key Biscayne, FL 33149

Estimated Value: $862,818 - $972,000

2 Beds
2 Baths
1,435 Sq Ft
1981 Built

Sale Details

Date Sold: March 14, 2025

Last sale price $845,000 $589 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,119 / mo

183 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • End Unit

About This Home

As of March 2025

Condo’s 40 years recertification granted! Structural integrity Reserve Study and Full Reserve Study already done! Current special assessment of $800 to be paid by seller. This stunning corner unit, filled with natural light, boasts two spacious bedrooms, a den with a window, and an additional area outside the master bedroom perfect for a home office. Enjoy serene views and breathtaking sunsets from your new home, complete with a brand-new A/C system. The unit includes one parking space on the upper level and a large storage area outside. Located in a boutique condominium with easy beach access, residents benefit from 24-hour security, a concierge, a gym, a party room, an on-site manager, a garden with a BBQ area, a heated swimming pool, and a spa.

Last Agent to Sell the Property

Maria Tinoco

Coldwell Banker Realty License #3016556 Listed on: 08/27/2024

Coldwell Banker Realty

Last Buyer's Agent

Cristina Diez

Compass Florida, LLC. License #3391610

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $100

Year Built

  • Built in 1981

Lot Details

  • End Unit

HOA Fees

  • $1,744 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,435 Sq Ft Home
  • Entrance Foyer
  • Den
  • Storage Room
  • Dryer
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Outdoor Grill

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-020-0030

Community Details

Overview

  • 82 Units
  • Mid-Rise Community
  • Ocean Lane Plaza Condo
  • Ocean Lane Plaza Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 9-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Community Center
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$100

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

HOA Fees

$1,744 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Beach Access
  • 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
  • Interior Amenities: Entrance Foyer, Den/Library/Office, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Furnished: Unfurnished
  • Living Area: 1435
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Bedroom Features: Studio
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Storage Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Barbeque, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OCEAN LANE PLAZA CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1744
  • Amenities: Community Room, Elevator(s), Exercise Room, Heated Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-42-32-020-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 100

Multi Family

  • Number Of Units In Community: 82
  • Number Of Units Total: 82

Matterport 3D Tour

Floorplan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Mar 14, 2025
Sold by
Loader Isabella and Tinoco Maria Luisa
Bought by
Rasmussen Cristian and Rochette Paula
Seller's Agent
Maria Tinoco
Coldwell Banker Realty
Buyer's Agent
Cristina Diez
Compass Florida, LLC.
List Price
$950,000
Sold Price
$845,000
Premium/Discount to List
-$105,000
-11.05%
Views
363
Current Estimated Value
$923,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,705
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
Oct 21, 2022
Sold by
Botto Gastone and Sacilotto Maria Angelica
Bought by
Botto Gastone and Sacilotto Maria Angelica

Purchase Details

Closed on
Jun 11, 2010
Sold by
Nauremarsa Finance Inc
Bought by
Botto Gastone and Sacilotto Maria Angelica
Source: Public Records
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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
Rasmussen Cristian $845,000 None Listed On Document
Rasmussen Cristian $845,000 None Listed On Document
Botto Gastone -- None Listed On Document
Botto Gastone $425,500 Sunbelt Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $845,000 -2.3% $589 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
02/03/2025 02/03/25 Price Changed $865,000 -2.8% $603 / Sq Ft
11/20/2024 11/20/24 Price Changed $890,000 -4.3% $620 / Sq Ft
09/19/2024 09/19/24 Price Changed $930,000 -2.1% $648 / Sq Ft
08/27/2024 08/27/24 For Sale $950,000 -- $662 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $5,735 $438,959 -- --
2024 $100 $426,588 -- --
2023 $100 $414,164 $0 $0
2022 $203 $402,101 $0 $0
2021 $203 $390,390 $0 $0
2020 $0 $385,000 $0 $0
2019 $0 $436,000 $0 $0
2018 $0 $447,578 $0 $0
2017 $0 $438,373 $0 $0
2016 -- $429,357 $0 $0
2015 $6,106 $426,373 $0 $0
2014 $6,106 $422,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11649062

MIAMI REALTORS® MLS

APN: 24-4232-020-0030

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