NOT LISTED FOR SALE

Estimated Value: $7,042,000 - $9,172,695

4 Beds
7.5 Baths
3,791 Sq Ft
$4,393/mo HOA Fee

Last Sold May 31, 2022

Last sale price $8,500,000 $2,242 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $60,552/month

111 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Private Beach Pavilion
  • Key Biscayne K-8 Center Rated A-
  • Community Cabanas
  • Fitness Center

About This Home

As of May 2022

Direct Ocean View in Oceana, the most exclusive building on Key Biscayne. Private elevator opens to spectacular, professionally designed living spaces w/stretch ceilings, walls of glass & a flow-through floorplan offering breathtaking ocean views throughout. Deep (2000+ SF) wrap-around terrace.
Furniture and Interiors by Maite Granda, custom built-ins & wall treatments, remote controlled shades + unique formal living area ceiling treatment. 4br/7.5ba + staff quarters plus 4 PARKING spaces. The guard-gated community offers residents a 500-foot private beach, heated pool, cabanas & restaurant + lap pool, ocean-view fitness center & spa, tennis, 24/7 reception & concierge services.

Last Agent to Sell the Property

Riley Smith

Compass Florida, LLC License #3028618 Listed on: 02/08/2022

Compass Florida, LLC

Last Buyer's Agent

Riley Smith

Compass Florida, LLC License #3028618 Listed on: 02/08/2022

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $99,686

Year Built

  • Built in 2014

Lot Details

  • End Unit
  • Southeast Facing Home

HOA Fees

  • $4,393 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 3,791 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Entrance Foyer
  • Family Room
  • Storage Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Two Primary Bathrooms
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Schools

  • Keybiscayne Elementary School
  • Coral Gables High School

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-029-0140

Community Details

Overview

  • Oceana Key Biscayne Condos
  • Oceana Key Biscayne Condo Subdivision
  • 14-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Business Center
  • Secure Lobby
  • Elevator

Recreation

  • Private Beach Pavilion
  • Community Playground
  • Community Cabanas
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$99,686

Year Built

Built in 2014

Lot Details

0

HOA Fees

$4,393 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEANA KEY BISCAYNE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Entrance Foyer, Roman Tub, Volume Ceilings, Family Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3791
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 14
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Snack Bar/Counter
  • Living Room Features: Family Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Master Bathrooms, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Direct Ocean
  • Exterior Features: Open Balcony
  • Direction Faces: Southeast
  • Disclosures: Disclosure
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Oceana Key Biscayne
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Complex Fenced, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 4393
  • Amenities: Bike/Jog Path, Barbecue, Business Center, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Child Play Area, Private Beach Pavilion, Private Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables

Lot Info

  • Parcel Number: 24-42-32-029-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 99686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
May 25, 2022
Sold by
Cone Brian E and Cone Shawn H
Bought by
Stiernon Philippe and Helms Alexa
Seller's Agent
Riley Smith
Compass Florida, LLC
Buyer's Agent
Riley Smith
Compass Florida, LLC
List Price
$11,000,000
Sold Price
$8,500,000
Premium/Discount to List
-$2,500,000
-22.73%
Current Estimated Value
$8,359,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$140,768
Avg. Annual Appreciation
1.77%
Original Mortgage
$5,100,000
Outstanding Balance
$4,774,218
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$4,235,538

Purchase Details

Listed on
May 2, 2017
Closed on
Nov 16, 2017
Sold by
Oceana 1101 Holdings Llc
Bought by
Cone Brian E and Cone Shawn H
Seller's Agent
Monica Defortuna
Fortune Christie's Intl R.E.
Buyer's Agent
Riley Smith
Compass Florida, LLC
List Price
$7,900,000
Sold Price
$7,350,000
Premium/Discount to List
-$550,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$3,430,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 2, 2014
Sold by
Consultatio Key Biscayne Llc
Bought by
Oceana 1101 Holdings Llc
Source: Public Records

Range of Values:

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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
Stiernon Philippe $8,500,000 Boutique Title Partners
Cone Brian E $7,350,000 Attorney
Oceana 1101 Holdings Llc $5,488,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stiernon Philippe $5,100,000
Previous Owner Cone Brian E $3,430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Off Market $11,000,000 -- --
05/31/2022 05/31/22 Sold $8,500,000 -22.7% $2,242 / Sq Ft
02/08/2022 02/08/22 For Sale $11,000,000 +49.7% $2,902 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/17/2017 11/17/17 Sold $7,350,000 -7.0% $1,801 / Sq Ft
05/02/2017 05/02/17 For Sale $7,900,000 -- $1,936 / 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 $144,172 $7,801,878 -- --
2024 $147,105 $9,250,500 -- --
2023 $147,105 $7,225,000 $0 $0
2022 $109,311 $6,402,231 $0 $0
2021 $99,686 $5,820,210 $0 $0
2020 $87,358 $5,291,100 $0 $0
2019 $87,524 $5,288,000 $0 $0
2018 $94,094 $5,875,240 $0 $0
2017 $91,259 $5,649,269 $0 $0
2016 $90,894 $5,284,180 $0 $0
2015 $81,184 $4,803,800 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11156365

MIAMI REALTORS® MLS

APN: 24-4232-029-0140