NOT LISTED FOR SALE

Estimated Value: $827,161 - $1,106,000

2 Beds
2 Baths
1,335 Sq Ft
$789/mo HOA Fee

Last Sold November 02, 2015

Last sale price $710,000 $532 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,076/month

164 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Heated Community Pool

About This Home

As of November 2015

BEAUTIFUL VIEWS OF THE WATER AND DOWNTOWN. SPACIOUS UNIT WITH UPDATED KITCHEN, ALL APPLIANCES AND BATHROOMS. 2 COVERED PARKING SPACES. WALK TO THE BEACH. GREAT SWIMMING POOL AND BBQ AREA.

Last Agent to Sell the Property

Adolfo Malave

BHHS EWM Realty License #0670979 Listed on: 05/14/2015

BHHS EWM Realty

Last Buyer's Agent

Joan McCaughan

Coldwell Banker Realty License #0087421

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,322

Year Built

  • Built in 1981 | Under Construction

HOA Fees

  • $789 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Entry on the 8th floor
  • Concrete Block With Brick

Interior Spaces

  • 1,335 Sq Ft Home
  • Wet Bar
  • Bar
  • Entrance Foyer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-020-0740

Community Details

Overview

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

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Community Center
  • Party Room
  • Secure Lobby
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,322

Year Built

Built in 1981 | Under Construction

Lot Details

0

HOA Fees

$789 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ocean lane plaza
  • Year Built Details: Under Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Bar, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Wet Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 1335
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: Hurricane Shutters
  • Bedroom Features: Other

Exterior Features

  • View: Ocean View
  • Exterior Features: Other, Open Balcony
  • Construction Type: Concrete Block With Brick
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN LANE PLAZA
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 789
  • Amenities: Barbecue, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-020-0740
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 789

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 7322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2015
Closed on
Oct 25, 2015
Sold by
Valeria Investments Inc
Bought by
Taintor James Spencer and Taintor Elizabeth Ann
Seller's Agent
Adolfo Malave
BHHS EWM Realty
Buyer's Agent
Joan McCaughan
Coldwell Banker Realty
List Price
$755,000
Sold Price
$710,000
Premium/Discount to List
-$45,000
-5.96%
Current Estimated Value
$917,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,290
Avg. Annual Appreciation
2.60%

Purchase Details

Closed on
May 9, 2007
Sold by
Peraita Lorenzo
Bought by
Valeria Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 13, 2002
Sold by
Manolo Reboso I
Bought by
Peraita Lorenzo

Purchase Details

Closed on
Jul 3, 1996
Sold by
Llerandi Ada E
Bought by
Pallais Nadia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
7.99%
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
Taintor James Spencer $710,000 Attorney
Valeria Investments Inc $670,000 Attorney
Peraita Lorenzo $365,000 --
Pallais Nadia L $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valeria Investments Inc $519,200
Previous Owner Pallais Nadia L $161,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2015 11/02/15 Sold $710,000 -3.4% $532 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
07/23/2015 07/23/15 Price Changed $735,000 -1.9% $551 / Sq Ft
06/16/2015 06/16/15 Price Changed $749,000 -0.8% $561 / Sq Ft
05/14/2015 05/14/15 For Sale $755,000 -- $566 / 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
2025 $5,709 $410,410 -- --
2024 $5,615 $398,844 -- --
2023 $5,615 $387,228 $0 $0
2022 $5,547 $375,950 $0 $0
2021 $5,562 $365,000 $0 $0
2020 $5,379 $365,000 $0 $0
2019 $5,947 $398,490 $0 $0
2018 $5,631 $391,060 $0 $0
2017 $5,554 $383,017 $0 $0
2016 $5,559 $375,140 $0 $0
2015 $8,371 $447,046 $0 $0
2014 $7,323 $406,406 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2116808

MIAMI REALTORS® MLS

APN: 24-4232-020-0740