$550,000
SOLD OCT 31, 2025

Ocean Village Condominiums 55 Ocean Lane Dr Unit 1026 Floor 1 Key Biscayne, FL 33149

1 Bed
1.5 Baths
972 Sq Ft
1982 Built

Recently Sold

$566 Per Sq Ft

13% Below List Price

231 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Deck
  • Community Pool

About This Home

As of October 2025

ENJOY THE RELAXED ISLAND LIFESTYLE FROM YOUR GROUND FLOOR LANAI UNIT READY TO ENTERTAIN INDOOR OR OUTDOOR. THE UNIT IS REMODELED IN NEUTRAL TONES INCLUDING A MODERN OPEN KITCHEN CONCEPT WITH SS APPLIANCES, QUARTZ COUNTERS , NEW HIGH IMPACT GLASS DOORS/ WINDOWS, AND A GENEROUS BEDROOM WITH WALK IN CLOSET AND LARGE VANITY. OCEAN VILLAGE IS CURRENTLY COMPLETING BEAUTIFICATION AND RECERTIFICATION PHASE READY FOR THE NEXT OWNER. AMENITIES OFFER 2 POOLS, HOT TUB , BIKE STORAGE, GYM, SECURITY, GUARD GATE AND BEACH ACCESS, THIS HIDDEN GEM IN PARADISE AWAITS.
EXCELLENT PROFESSIONAL MANAGEMENT WITH QUALIFYING RESERVES IN MONTHLY BUDGET.

Last Agent to Sell the Property

Cristina Brennan

One Sotheby's International Realty License #0579180 Listed on: 02/11/2025

One Sotheby's International Realty

Last Buyer's Agent

Cristina Brennan

One Sotheby's International Realty License #0579180 Listed on: 02/11/2025

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,819

Year Built

  • Built in 1982

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 972 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-023-1010

Community Details

Overview

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

Amenities

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

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $4,156

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,819

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Directions: WHEN ARRIVING AT ISLAND TAKE A LEFT ON OCEAN LANE DRIVE (FIRST TRAFFIC LIGHT) THEN ITS THE FIRST COMMUNITY ON YOUR LEFT. FEEL FREE TO PARK IN SPACE 88 ONLY WHILE SHOWING UNIT.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OCEAN VILLAGE CONDO,OCEAN VILLAGE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 550000
  • InternetRemarks: ENJOY THE RELAXED ISLAND LIFESTYLE FROM YOUR GROUND FLOOR LANAI UNIT READY TO ENTERTAIN INDOOR OR OUTDOOR.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 972
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Other
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Guard At Site

Condo/Co-op/Association

  • Amenities: Barbecue, Bike Storage, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 24-42-32-023-1010

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5819

Multi Family

  • Maintenance Expense: 4156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Oct 31, 2025
Sold by
Brennan Daniel X
Bought by
Eloy Garcia Revocable Trust and Garcia
Seller's Agent
Cristina Brennan
One Sotheby's International Realty
Buyer's Agent
Cristina Brennan
One Sotheby's International Realty
List Price
$635,000
Sold Price
$550,000
Premium/Discount to List
-$85,000
-13.39%
Views
50
Current Estimated Value
$557,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,617
Avg. Annual Appreciation
4.42%

Purchase Details

Closed on
Mar 20, 2018
Sold by
Menendez Lino
Bought by
Brennan Daniel X

Purchase Details

Closed on
Mar 27, 1998
Sold by
Anton and Serafini Lourdes T
Bought by
Menendez Lino H

Purchase Details

Closed on
May 1, 1995
Sold by
Mondich Lorraine
Bought by
Serafini Anton and Serafini Lourdes T
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 Type Sale Price Title Company
Warranty Deed $550,000 None Listed On Document
Warranty Deed $550,000 None Listed On Document
Warranty Deed $300,000 Elite Title Services Inc
Warranty Deed $300,000 Elite Title Services Inc
Warranty Deed $134,000 --
Warranty Deed $134,000 --
Warranty Deed $135,000 --
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $111,000 New Conventional
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Sold $550,000 -8.2% $566 / Sq Ft
09/30/2025 09/30/25 Pending -- -- --
07/14/2025 07/14/25 Price Changed $599,000 +3.5% $616 / Sq Ft
05/22/2025 05/22/25 Price Changed $579,000 -3.3% $596 / Sq Ft
04/07/2025 04/07/25 Price Changed $599,000 -5.7% $616 / Sq Ft
02/11/2025 02/11/25 For Sale $635,000 -- $653 / Sq Ft
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 $5,819 $345,527 -- --
2024 $5,313 $314,116 -- --
2023 $5,313 $285,560 $0 $0
2022 $4,639 $259,600 $0 $0
2021 $4,086 $236,000 $0 $0
2020 $3,896 $236,000 $0 $0
2019 $3,807 $230,000 $0 $0
2018 $4,635 $295,484 $0 $0
2017 $4,670 $259,114 $0 $0
2016 $4,396 $235,559 $0 $0
2015 $3,917 $214,145 $0 $0
2014 $3,651 $194,678 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11742901

MIAMI REALTORS® MLS

APN: 24-4232-023-1010

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