NOT LISTED FOR SALE

Commodore Club East 177 Ocean Lane Dr Unit 202 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $601,944 - $778,000

1 Bed
1.5 Baths
840 Sq Ft
1971 Built

Last Sold April 23, 2021

Last sale price $435,000 $518 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,314/month

95 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Tennis Courts

About This Home

As of April 2021

Oceanfront: beautiful and tasteful 1 bedroom 1,5 bathroom condo in exclusive neighborhood with great schools, parks, stores, restaurants, yacht club and the beach. Unique and quiet location, view to the park and the beach. Very spacious, plenty of storage space. Tile floor in main living area, clean berber carpet in the bedroom. Gated community with a tennis court , heated pool, direct beach access and exercise room. Extra storage space on the same floor. Steps to staircase leading to the beach/pool area.

Last Agent to Sell the Property

Elena Rakova

Urban Star Realty, LLC. License #3299380 Listed on: 12/06/2020

Last Buyer's Agent

Francisco Lago

MMLS Assoc.-Inactive Member License #3066518

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,230

Year Built

  • Built in 1971

Lot Details

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 840 Sq Ft Home

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-012-0140

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Commodore Club East Condos
  • Key Biscayne Commodore CL Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $2,228

Security

  • Security Guard
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,230

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: KEY BISCAYNE COMMODORE CL
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 840
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Bedroom Features: Other

Exterior Features

  • View: Ocean View, Other View
  • Exterior Features: None, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Commodore Club East
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Complex Fenced, Doorman, Fire Alarm, Guard At Site

Condo/Co-op/Association

  • Amenities: Bike Storage, Laundry, Elevator(s), Exercise Room, Storage, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-012-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 2228

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5230

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2020
Closed on
Apr 16, 2021
Sold by
Ferrigno Massimo
Bought by
Lago Francisco J and Francisco J Lago Revocable Tru
Seller's Agent
Elena Rakova
Urban Star Realty, LLC.
Buyer's Agent
Francisco Lago
MMLS Assoc.-Inactive Member
List Price
$485,000
Sold Price
$435,000
Premium/Discount to List
-$50,000
-10.31%
Current Estimated Value
$693,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,736
Avg. Annual Appreciation
11.06%

Purchase Details

Closed on
Jul 6, 2011
Sold by
Wells Fargo Bank Na
Bought by
Ferrigno Massimo

Purchase Details

Closed on
Feb 28, 2011
Sold by
Frank Heidy M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 17, 2010
Sold by
Demicher Charles
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 9, 2007
Sold by
Ocean Llc
Bought by
Demicher Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,750
Interest Rate
6.16%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 7, 1997
Sold by
Lindsay Alvin F and Lindsay Mayra
Bought by
Demicher Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 1993
Sold by
Furman Ingeborg
Bought by
Lindsay Alvin F and Pena Mayra T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lago Francisco J $435,000 Attorney
Ferrigno Massimo $255,000 Enterprise Title Inc
Wells Fargo Bank Na -- Attorney
Wells Fargo Bank Na $270,500 None Available
Demicher Charles -- Fidelity Natl Title Ins Co
Demicher Charles $163,000 --
Lindsay Alvin F $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demicher Charles $256,750
Previous Owner Demicher Charles $199,500
Previous Owner Demicher Charles $144,000
Previous Owner Demicher Charles $146,700
Previous Owner Lindsay Alvin F $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $435,000 -10.3% $518 / Sq Ft
12/01/2020 12/01/20 For Sale $485,000 0.0% $577 / Sq Ft
02/22/2019 02/22/19 Rented $2,200 -12.0% --
01/23/2019 01/23/19 For Rent $2,500 +13.6% --
02/01/2018 02/01/18 Rented $2,200 0.0% --
01/02/2018 01/02/18 For Rent $2,200 +46.7% --
08/30/2013 08/30/13 Rented $1,500 -11.8% --
07/31/2013 07/31/13 Under Contract -- -- --
03/18/2013 03/18/13 For Rent $1,700 -- --
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 $7,629 $503,568 -- --
2024 $7,346 $483,806 -- --
2023 $7,346 $439,824 $0 $0
2022 $6,615 $403,529 $0 $0
2021 $5,959 $349,800 $0 $0
2020 $5,448 $330,000 $0 $0
2019 $6,554 $396,000 $0 $0
2018 $5,766 $360,000 $0 $0
2017 $5,771 $357,248 $0 $0
2016 $6,095 $362,697 $0 $0
2015 $5,925 $329,725 $0 $0
2014 $5,401 $299,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Elena Rakova

    Urban Star Realty, LLC.

    3 in this area

    3 Total Sales

    Elena Rakova
    Section Image

  • F

    Buyer's Agent in 2021

    Francisco Lago

    MMLS Assoc.-Inactive Member

  • L

    Buyer's Agent in 2019

    Luis Orozco

    MMLS Assoc.-Inactive Member

  • M

    Buyer's Agent in 2018

    Monica Penagos

    One Sotheby's International Realty

    (786) 356-6157

    3 in this area

    4 Total Sales

    Monica Penagos
    Section Image

  • C

    Seller's Agent in 2013

    Cynthia Cutler

    MMLS Assoc.-Inactive Member

See All Agents

About Commodore Club East

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10966795

MIAMI REALTORS® MLS

APN: 24-4232-012-0140

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

177 Ocean Lane Dr Unit 202, Key Biscayne, FL

This home is located at 177 Ocean Lane Dr Unit 202, Key Biscayne, FL 33149 since 06 December 2020 and is currently estimated at $693,736, approximately $825 per square foot. This property was built in 1971. 177 Ocean Lane Dr Unit 202 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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