NOT LISTED FOR SALE

Ocean Lane Plaza 170 Ocean Lane Dr Unit 902 Key Biscayne, FL 33149

Estimated Value: $829,000 - $1,040,000

2 Beds
2 Baths
1,435 Sq Ft
1981 Built

Sale Details

Date Sold: February 27, 2025

Last sale price $820,000 $571 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,656 / mo

43 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Bay View
  • Key Biscayne K-8 Center Rated A-
  • Penthouse
  • Clubhouse

About This Home

As of February 2025

This partially remodeled 2/2 penthouse unit is a block from the beach, no streets to cross. It features elegant granite countertops, s/s appliances, new flooring in the bathrooms & bedrooms. The spacious Main Suite has double vanities, bidet, shower, & soaking tub. There is ample closet space throughout, as well as a separate storage room next to the unit. The appliances & equipment are relatively new, appliances updated in 2021, the AC in 2020, washer/dryer in 2016.
Enjoy breathtaking views of the Intracoastal & the City of Miami from the wrap-around terrace. The building offers fully equipped gym & pool area that feels like a luxurious resort. For the best perspective of the layout, please refer to the floor plan in the pictures. Tenant occupied until 6/30/25. Owner financing available.

Last Agent to Sell the Property

Margarita Roche

Pawfriendly Homes Realty LLC License #0654020 Listed on: 01/15/2025

Last Buyer's Agent

Maria Gonzalez

BHHS EWM Realty License #3217910

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,396

Year Built

  • Built in 1981

HOA Fees

  • $1,741 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Penthouse
  • Entry on the 9th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,435 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-020-0140

Community Details

Overview

  • Mid-Rise Community
  • Ocean Lane Plaza Condos
  • 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
  • Community Barbecue Grill
  • Community Kitchen
  • Community Center
  • Party Room
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,396

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

HOA Fees

$1,741 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Directions: Use google maps/waze
  • Entry Level: 9
  • 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, Washer
  • Interior Amenities: First Floor Entry, Elevator, Roman Tub
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1435
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 9
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • 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, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 1741
  • Amenities: Barbecue, Bike Storage, Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Storage, Kitchen Facilities, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-020-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Feb 25, 2025
Sold by
Martin Ernesto R and Ernesto R Martin Revocable Trust
Bought by
Andres Deoteiza
Seller's Agent
Margarita Roche
Pawfriendly Homes Realty LLC
Buyer's Agent
Maria Gonzalez
BHHS EWM Realty
List Price
$849,000
Sold Price
$820,000
Premium/Discount to List
-$29,000
-3.42%
Views
13
Current Estimated Value
$952,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,333
Avg. Annual Appreciation
13.52%

Purchase Details

Closed on
Mar 1, 2019
Sold by
Martin Ernesto R and Martin Ernesto R
Bought by
Martin Ernesto R

Purchase Details

Closed on
Nov 15, 1994
Sold by
Gibson Ent Ltd
Bought by
Martin Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.92%

Purchase Details

Closed on
Oct 25, 1993
Sold by
Gortari Ricardo Horacio and De Gortari Isabel Caputo
Bought by
Gibson Ent Ltd
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
Andres Deoteiza $820,000 None Listed On Document
Martin Ernesto R -- Attorney
Martin Ernesto $225,000 --
Gibson Ent Ltd $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Ernesto $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $820,000 -3.4% $571 / Sq Ft
01/15/2025 01/15/25 For Sale $849,000 0.0% $592 / Sq Ft
07/01/2024 07/01/24 Rented $4,400 -10.2% --
05/14/2024 05/14/24 Under Contract -- -- --
05/04/2024 05/04/24 For Rent $4,900 -- --
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 $10,396 $622,681 -- --
2024 $9,138 $566,074 -- --
2023 $9,138 $514,613 $0 $0
2022 $8,035 $467,830 $0 $0
2021 $7,201 $425,300 $0 $0
2020 $6,687 $405,000 $0 $0
2019 $7,514 $454,000 $0 $0
2018 $7,437 $464,356 $0 $0
2017 $8,838 $524,951 $0 $0
2016 $8,453 $477,229 $0 $0
2015 $8,124 $433,845 $0 $0
2014 $7,107 $394,405 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11725274

MIAMI REALTORS® MLS

APN: 24-4232-020-0140

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