NOT LISTED FOR SALE

Estimated Value: $1,167,000 - $1,822,996

1 Bed
1 Bath
-- Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: May 16, 2013

Last sale price $256,000

Est. 538% increase in value since last sale

Current estimated payment $9,337 / mo

72 Days on Market

Highlights

  • Marina
  • Community Boat Dock
  • Property Fronts a Bay or Harbor
  • Coral Shores High School Rated A
  • Golf Course Community
  • Fitness Center

About This Home

As of May 2013

SPECTACULAR DESIGNED ONE BEDROOM ONE BATHROOM WITH GREAT WATER VIEWS AT OCEAN REEF. GRANITE COUNTERTOPS AND BEAUTIFUL FLOOR STONE ALL THROGHOUT. UNASSIGNED DOCKAGE AND GOLF CART GARAGE. IT FEATURES AN OCEAN FRONT INN, FULL SERVICE SPA & SALON, MANY ARRAY OF DINING.SURRONDED BY TENNIS COURTS, GOLFING, RESTAURANTS, SCHOOL FOR KIDS, URGENT CARE, AUDITORIUM AND SO MUCH MORE. OCEAN REEF IS CONSIDERED ONE OF THE COUNTRY'S MOST COMPREHENSIVE COMMUNITIES.

Last Agent to Sell the Property

Eugenio Velez

First Way Realty Services Inc License #3017002 Listed on: 12/20/2012

Last Buyer's Agent

Allan Gonzalez

First Way Realty Services Inc License #3075265

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • Bay Views

Kitchen

  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Dock Available
  • Central Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • Club Membership Required
  • Ocean Reef Condos

Recreation

  • Community Boat Dock
  • Marina
  • Golf Course Community
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Fishing

Pet Policy

  • Breed Restrictions

Additional Features

  • Community Library
  • Security Guard

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

436 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • LastStatus: Pending
  • CurrentPrice: 256000
  • InternetRemarks: Y/AMAZING 2/2 ON OCEAN REEF, 2000 ACRES OF THE MOST BEAUTIFUL DEVELOPMENT IN THE KEYS.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Other

Exterior Features

  • View: Bay
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN REEF
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Guard At Site

Condo/Co-op/Association

  • Amenities: Boat Dock, Exercise Room, Fishing Pier, Golf Course Com, Heated Pool, Library, Marina, Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Lot Size Sq Ft: 750

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2015
Sold by
Angelfish 34 Llc
Bought by
Sowle Lisa Lee
Current Estimated Value
$1,633,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$130,514
Interest Rate
4.01%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,396,485

Purchase Details

Listed on
Dec 20, 2012
Closed on
May 16, 2013
Sold by
Rico Firstbank Puerto
Bought by
Angelfish 34 Llc
Seller's Agent
Eugenio Velez
First Way Realty Services Inc
Buyer's Agent
Allan Gonzalez
First Way Realty Services Inc
List Price
$270,000
Sold Price
$256,000
Premium/Discount to List
-$14,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.82%

Purchase Details

Closed on
Dec 10, 2012
Sold by
Garcia Venacio
Bought by
Rico Firstbank Puerto and Firstbank Florida

Purchase Details

Closed on
Nov 28, 2012
Sold by
Garcia Venacio and Garcia Pablo
Bought by
Rico Firstbank Puerto and Firstbank Florida

Purchase Details

Closed on
Oct 10, 2007
Sold by
Peerman Holding Ltd
Bought by
Garcia Venacio and Garcia Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2000
Sold by
Miller Jan N
Bought by
Peerman Holdings Ltd

Purchase Details

Closed on
May 11, 1999
Sold by
Williams Robert J and Williams Nancy C
Bought by
Bevilaqua Jan

Purchase Details

Closed on
Mar 1, 1993
Bought by
Sowle Lisa Lee

Purchase Details

Closed on
May 1, 1979
Bought by
Sowle Lisa Lee
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
Sowle Lisa Lee $400,000 Reef Title Company Llc
Angelfish 34 Llc $256,000 Attorney
Rico Firstbank Puerto -- None Available
Rico Firstbank Puerto -- None Available
Garcia Venacio $600,000 Attorney
Peerman Holdings Ltd $280,000 --
Bevilaqua Jan $237,000 --
Sowle Lisa Lee $107,500 --
Sowle Lisa Lee $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sowle Lisa Lee $320,000
Previous Owner Garcia Venacio $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2013 05/16/13 Sold $256,000 -5.2% --
04/01/2013 04/01/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $270,000 -- --
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 $7,380 $1,513,854 -- $1,513,854
2024 $6,990 $1,462,916 -- $1,462,916
2023 $6,990 $1,415,626 $0 $1,415,626
2022 $4,656 $709,523 $0 $709,523
2021 $4,108 $519,386 $0 $519,386
2020 $4,044 $542,844 $0 $542,844
2019 $3,687 $485,442 $0 $485,442
2018 $3,596 $485,442 $0 $0
2017 $3,046 $367,861 $0 $0
2016 $2,907 $325,207 $0 $0
2015 $2,132 $216,918 $0 $0
2014 $2,191 $216,918 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1736836

MIAMI REALTORS® MLS

APN: 00569442-000302

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