NOT LISTED FOR SALE

Oceana Key Biscayne 360 Ocean Dr Unit 506S Key Biscayne, FL 33149

Estimated Value: $4,783,449 - $6,157,000

3 Beds
3.5 Baths
2,257 Sq Ft
$2,867/mo HOA Fee

Last Sold December 20, 2023

Last sale price $5,300,000 $2,348 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $37,763/month

516 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Wood Flooring

About This Home

As of December 2023

Live a unique experience in Key Biscayne! State of the art 3 bedroom, 3 full bathrooms and powder room with sophisticated fine finishes throughout this fully furnished apartment. Hard wood floors, enclosed kitchen, top of the line appliances and 2 large balconies from where to enjoy endless sunrises and sunsets! Oceana Key Biscayne, one of the most coveted new developments in KB, features 500 ft of private beachfront combined with high end luxury services and amenities including an oversized relaxation pool, spa, hot tubs, poolside restaurant, beach service, fitness center, tennis court, putting green, beach volleyball court, party room, kid’s room, media room and personalized concierge services.

Last Agent to Sell the Property

Jacques Mizrahi

Fortune Christie's International Real Estate License #3332846 Listed on: 07/21/2022

Fortune Christie's International Real Estate

Last Buyer's Agent

Tere Shelton Bernace

Shelton and Stewart REALTORS License #3218871

Shelton and Stewart REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,128

Year Built

  • Built in 2014

HOA Fees

  • $2,867 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,257 Sq Ft Home
  • Furnished
  • Built-In Features
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-029-0570

Community Details

Overview

  • 142 Units
  • High-Rise Condominium
  • Oceana Key Biscayne Condos
  • Oceana Key Biscayne Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 15-Story Property

Amenities

  • Sauna
  • Business Center
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Tennis Courts
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,128

Year Built

Built in 2014

Lot Details

0

HOA Fees

$2,867 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 5
  • 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, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers, Entrance Foyer, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Tile, Wood
  • Furnished: Furnished, Turn Key Furnished
  • Living Area: 2257
  • Possible Use: Unknown/Withheld
  • Stories: 15
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Formal Dining

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: 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: OCEANA KEY BISCAYNE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Covered, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Elevator Secure, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2867
  • Amenities: Bar, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 24-42-32-029-0570
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 47128

Multi Family

  • Number Of Units In Community: 142
  • Number Of Units Total: 142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Dec 20, 2023
Sold by
Oceana 506S Llc
Bought by
Key Apartment 506S Llc
Seller's Agent
Jacques Mizrahi
Fortune Christie's International Real Estate
Buyer's Agent
Tere Shelton Bernace
Shelton and Stewart REALTORS
List Price
$5,900,000
Sold Price
$5,300,000
Premium/Discount to List
-$600,000
-10.17%
Views
85
Current Estimated Value
$5,590,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,612
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Aug 8, 2014
Sold by
Consultatio Key Biscayne Llc
Bought by
Oceana 506S Llc
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
Key Apartment 506S Llc $5,300,000 Clear Title
Key Apartment 506S Llc $5,300,000 Clear Title
Oceana 506S Llc $2,540,500 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $5,300,000 -1.9% $2,348 / Sq Ft
05/25/2023 05/25/23 Price Changed $5,400,000 -8.5% $2,393 / Sq Ft
07/21/2022 07/21/22 For Sale $5,900,000 -- $2,614 / 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 $68,289 $4,273,014 -- --
2024 $53,725 $4,360,218 -- --
2023 $53,725 $3,139,336 $0 $0
2022 $47,128 $2,916,650 $0 $0
2021 $43,835 $2,651,500 $0 $0
2020 $40,534 $2,455,100 $0 $0
2019 $40,617 $2,454,000 $0 $0
2018 $43,675 $2,727,034 $0 $0
2017 $45,100 $2,776,950 $0 $0
2016 $44,265 $2,524,500 $0 $0
2015 $38,786 $2,295,000 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacques Mizrahi

    Seller's Agent in 2023

    Jacques Mizrahi

    Fortune Christie's International Real Estate

    (786) 702-8483

    2 in this area

    18 Total Sales

    Jacques Mizrahi
    Section Image
  • Tere Shelton Bernace

    Buyer's Agent in 2023

    Tere Shelton Bernace

    Shelton and Stewart REALTORS

    (305) 607-7212

    2 in this area

    94 Total Sales

    Tere Shelton Bernace
    Section Image
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About Oceana Key Biscayne

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11243525

MIAMI REALTORS® MLS

APN: 24-4232-029-0570

Florida Miami/Dade County Key Biscayne 33149

360 Ocean Dr Unit 506S, Key Biscayne, FL

Not Listed for Sale

Condos

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