$870,000
SOLD JUL 16, 2024
2 Beds
2 Baths
1,435 Sq Ft
1981 Built

Recently Sold

$606 Per Sq Ft

12% Below List Price

98 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Recreation Room
  • Key Biscayne K-8 Center Rated A-
  • Bay View
  • Roman Tub

About This Home

As of July 2024

Beautiful corner unit in luxury boutique building with gorgeous north views from wraparound balcony, 2 bedrooms and 2 full baths, master suite with large tub and bidet. Direct accesses to Key Biscayne 7 miles pristine beach, 24 hours front desk manager. Assigned covered parking next to the elevator, plenty of additional guess parking. Very bright unit with large closets and storage room, washer and dryer in unit. Updated galley kitchen, separate dinning room. Newly painted in white. Gleaming marble floors, hurricane shutters, gym, pool with barbecue deck. Best schools, Key Biscayne K8, St. Agnes Catholic K*, St. Christopher Montessori, Mast Academy High School.

Last Agent to Sell the Property

Ivonne Crucet-Valiente

Fortune Christie's International Real Estate License #0398332 Listed on: 04/08/2024

Fortune Christie's International Real Estate

Last Buyer's Agent

Ivonne Crucet-Valiente

Fortune Christie's International Real Estate License #0398332 Listed on: 04/08/2024

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,025

Year Built

  • Built in 1981

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Elevated Home
  • Stucco Exterior

Interior Spaces

  • 1,435 Sq Ft Home
  • Fireplace
  • Entrance Foyer
  • L-Shaped Dining Room
  • Recreation Room
  • Utility Room in Garage
  • Storage Room
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessible Doors
  • No Interior Steps
  • Accessible Approach with Ramp

Outdoor Features

  • Balcony

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-020-0270

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Ocean Lane Plaza Condos
  • Ocean Lane Plaza Condo Subdivision
  • 9-Story Property

Amenities

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

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $1,416

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,025

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 8
  • 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
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, First Floor Entry, Entrance Foyer, Roman Tub, Recreation Room, Storage, Utility/Laundry In Garage
  • Accessibility Features: Accessible Elevator Installed, Level, Accessible Approach with Ramp, Accessible Doors, Accessible Hallway(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1435
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: Complete Accordian Shutters
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: L Shaped Dining
  • Living Room Features: Recreation Room, Storage Room, Utility/Laundry In Garage
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Construction Type: Elevated Construction, Stucco
  • Disclosures: Disclosure
  • Patio And Porch Features: Open Balcony
  • 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, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Security: Fire Alarm, Doorman, Secured Garage/Parking

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-42-32-020-0270
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 1416

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jul 16, 2024
Sold by
Crucet Valiente and Crucet Ivonne
Bought by
Quintero Alvaro F and Garcia Beatriz C
Seller's Agent
Ivonne Crucet-Valiente
Fortune Christie's International Real Estate
Buyer's Agent
Ivonne Crucet-Valiente
Fortune Christie's International Real Estate
List Price
$990,000
Sold Price
$870,000
Premium/Discount to List
-$120,000
-12.12%
Total Days on Market
98
Views
26
Current Estimated Value
$890,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,640
Avg. Annual Appreciation
2.70%
Original Mortgage
$696,000
Outstanding Balance
$690,693
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$199,947

Purchase Details

Closed on
Sep 27, 2001
Sold by
Nelson Socorro and Nelson Maria
Bought by
Valiente Rafael and Valiente Ivonne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1994
Sold by
Cocola Inc
Bought by
Socorro Nelson and Socorro Maria
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 Type Sale Price Title Company
Warranty Deed $870,000 None Listed On Document
Warranty Deed $315,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $696,000 New Conventional
Previous Owner $189,482 New Conventional
Previous Owner $225,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2024 11/29/24 Off Market $5,500 -- --
10/23/2024 10/23/24 For Rent $5,500 0.0% --
07/16/2024 07/16/24 Sold $870,000 -12.1% $606 / Sq Ft
04/08/2024 04/08/24 For Sale $990,000 -- $690 / 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 $9,025 $559,020 -- --
2023 $9,025 $508,200 $0 $0
2022 $7,937 $462,000 $0 $0
2021 $7,114 $420,000 $0 $0
2020 $6,604 $400,000 $0 $0
2019 $7,448 $450,000 $0 $0
2018 $7,391 $461,515 $0 $0
2017 $8,662 $505,114 $0 $0
2016 $8,292 $459,195 $0 $0
2015 $7,977 $417,450 $0 $0
2014 $7,116 $394,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11563508

MIAMI REALTORS® MLS

APN: 24-4232-020-0270