NOT LISTED FOR SALE

Ocean Village Condominiums 55 Ocean Lane Dr Unit 1021 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $825,000 - $891,000

2 Beds
2 Baths
1,450 Sq Ft
1982 Built

Last Sold July 02, 2019

Last sale price $475,000 $328 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,179/month

109 Days on Market

Highlights

  • Fitness Center
  • Newly Remodeled
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of July 2019

2/2 unit with Lanai in the sought after Ocean Village. Spacious and charming open patio is surrounded by a private lush garden, with views and access from Lanai to one of two pools and fitness center. Move-in ready this unit has three walk-in closets and plenty of storage space, tile floors throughout the main areas and carpet floors in the bedrooms. Washer and dryer inside the unit. One assigned parking space and plenty of guest parking. 2 pools, guard gate, green spaces, ponds and is located in one of the most beautiful streets in Key Biscayne.

Last Agent to Sell the Property

Gloria Mendia

Shelton and Stewart REALTORS License #0353489 Listed on: 02/20/2019

Last Buyer's Agent

Gloria Mendia

Shelton and Stewart REALTORS License #0353489 Listed on: 02/20/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,617

Year Built

  • Built in 1982 | Newly Remodeled

Property Views

  • Garden

Home Design

  • Garden Apartment
  • Cluster Home

Interior Spaces

  • 1,450 Sq Ft Home
  • Ceiling Fan
  • Vertical Blinds
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bidet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Entrance

Outdoor Features

  • Courtyard
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-023-0810

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Ocean Village Condo
  • Ocean Village Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,244

Security

  • Security Guard
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,617

Year Built

Built in 1982 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment, Patio/Cluster
  • Directions: Key Biscayne first light Ocean lane drive left then immediate left guard gate Ocean Village
  • Entry Level: 10
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OCEAN VILLAGE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer
  • Accessibility Features: Accessible Elevator Installed, Accessible Entrance
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 1450
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, Verticals
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Combination Tub & Shower

Exterior Features

  • View: Garden View, Pool Area View
  • Exterior Features: Courtyard
  • Patio And Porch Features: Open Porch, Patio, Screened Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN VILLAGE CONDO
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Card Entry, Guard At Site

Condo/Co-op/Association

  • Amenities: Bike Storage, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-023-0810
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2244

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5617

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Jul 2, 2019
Sold by
Mendia Carlos G and Mendia Oneida A
Bought by
Courtney Robert Joseph and Montilla Maria Amelia
Seller's Agent
Gloria Mendia
Shelton and Stewart REALTORS
Buyer's Agent
Gloria Mendia
Shelton and Stewart REALTORS
List Price
$539,000
Sold Price
$475,000
Premium/Discount to List
-$64,000
-11.87%
Current Estimated Value
$853,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,796
Avg. Annual Appreciation
10.07%
Original Mortgage
$356,250
Outstanding Balance
$313,281
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$540,515

Purchase Details

Closed on
Jun 30, 2010
Sold by
Mccarthy Timothy J
Bought by
Mendia Carlos G and Mendia Oneida A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2002
Sold by
Matias Salaberri I
Bought by
Mccarthy James T and Mccarthy Betty

Purchase Details

Closed on
Jul 21, 1993
Sold by
Yovanovich Boris and Yovanovich Vera
Bought by
George Carol P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.34%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Courtney Robert Joseph $475,000 Attorney
Mendia Carlos G $385,000 Attorney
Mccarthy James T $266,000 --
George Carol P $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Courtney Robert Joseph $356,250
Previous Owner Mendia Carlos G $100,000
Previous Owner George Carol P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2019 07/02/19 Sold $475,000 -6.7% $328 / Sq Ft
05/07/2019 05/07/19 Price Changed $509,000 -5.6% $351 / Sq Ft
02/13/2019 02/13/19 For Sale $539,000 -- $372 / 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 $6,045 $427,277 -- --
2024 $5,947 $415,236 -- --
2023 $5,947 $403,142 $0 $0
2022 $5,793 $391,400 $0 $0
2021 $5,808 $380,000 $0 $0
2020 $5,627 $380,000 $0 $0
2019 $5,806 $390,000 $0 $0
2018 $5,617 $390,232 $0 $0
2017 $6,114 $417,667 $0 $0
2016 $6,121 $409,077 $0 $0
2015 $6,211 $406,234 $0 $0
2014 $6,304 $403,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gloria Mendia

    Shelton and Stewart REALTORS

    Section Image
See All Agents

About Ocean Village Condominiums

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10621781

MIAMI REALTORS® MLS

APN: 24-4232-023-0810

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

55 Ocean Lane Dr Unit 1021, Key Biscayne, FL

This home is located at 55 Ocean Lane Dr Unit 1021, Key Biscayne, FL 33149 since 20 February 2019 and is currently estimated at $853,796, approximately $588 per square foot. This property was built in 1982. 55 Ocean Lane Dr Unit 1021 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.

Nearby Homes