NOT LISTED FOR SALE

Estimated Value: $819,498 - $864,000

2 Beds
2 Baths
1,450 Sq Ft
1982 Built

Sale Details

Date Sold: May 16, 2023

Last sale price $705,000 $486 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,523 / mo

108 Days on Market

Highlights

  • Fitness Center
  • Built in 1982 | Newly Remodeled
  • Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Garden View
  • Formal Dining Room

About This Home

As of May 2023

The Ocean Village Condominium is located on the north part of Key Biscayne’s oceanside residential area. Well maintained and a short walk to the beach - with no need to cross any busy streets – this is one of the best communities on the island. This second floor, split plan unit is a 2 bed, 2 bath, with all impact windows and a spacious balcony for enjoying the seaside breeze. The large kitchen has stainless steal appliances. The entire unit features beautiful ceramic Spanish tile throughout. In addition to easy beach access, the community has two pools, plenty of parking, and a 24/7 security gate. Unit has floor to ceiling impact sliding glass door in the living room & all other windows are impact. Only service animals allowed as per management.

Last Agent to Sell the Property

Juliette Varona

Sea Grove Realty License #0604397 Listed on: 01/26/2023

Last Buyer's Agent

Paloma Ferreyros

Urdapilleta Real Estate, LLC License #3034626

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,818

Year Built

  • Built in 1982 | Newly Remodeled

HOA Fees

  • $1,121 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,450 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Garden Views
  • Video Cameras

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-023-0820

Community Details

Overview

  • 141 Units
  • Low-Rise Community
  • Ocean Village Condo
  • Ocean Village Condo Subdivision

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,818

Year Built

Built in 1982 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$1,121 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Architectural Style: Split Level
  • Directions: Pass the guard gate, go strait & at the end take a right, entrance is building #5 next to one of the pools. Guest parking is throughout the prooperty.
  • Entry Level: 2
  • Garage Yn: Yes
  • 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

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Second Floor Entry, Built-in Features, Other, Pantry, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1450
  • Possible Use: Primary
  • Stories: 4
  • Window Features: Complete Impact Glass, Hurricane Shutters, Blinds, Sliding
  • Bedroom Features: Entry Level, Other, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Formal Dining

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN VILLAGE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Guard At Site, Other, TV Camera

Condo/Co-op/Association

  • Association Fee: 1121
  • Amenities: Exercise Room, Exterior Lighting, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-42-32-023-0820
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4818

Multi Family

  • Number Of Units In Community: 141
  • Number Of Units Total: 141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
May 16, 2023
Sold by
Ruiz Lisette
Bought by
Ferreyros Alejandra and Dillon John Patrick
Seller's Agent
Juliette Varona
Sea Grove Realty
Buyer's Agent
Paloma Ferreyros
Urdapilleta Real Estate, LLC
List Price
$749,000
Sold Price
$705,000
Premium/Discount to List
-$44,000
-5.87%
Views
135
Current Estimated Value
$840,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,625
Avg. Annual Appreciation
6.28%
Original Mortgage
$564,000
Outstanding Balance
$544,257
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$296,368

Purchase Details

Closed on
Jul 3, 2002
Sold by
Ana M Davide I
Bought by
Ruiz Lisette M and Lisette Ruiz M

Purchase Details

Closed on
Sep 26, 2001
Sold by
Ricardo Fernandez I
Bought by
Davide-Fernande Ana M

Purchase Details

Closed on
Jul 16, 1997
Sold by
Humberto and Martinez Julia
Bought by
Fernandez Ricardo

Purchase Details

Closed on
Mar 28, 1994
Sold by
Clerk Circuit Court
Bought by
Martienz Humberto and Martinez Julia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ferreyros Alejandra Maria $705,000 Law Title
Ruiz Lisette M $283,000 --
Davide-Fernande Ana M $100 --
Fernandez Ricardo $100 --
Martienz Humberto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferreyros Alejandra Maria $564,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $705,000 -3.4% $486 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
03/01/2023 03/01/23 Price Changed $729,500 -2.6% $503 / Sq Ft
01/26/2023 01/26/23 For Sale $749,000 -- $517 / 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 $10,498 $658,230 -- --
2024 $4,945 $700,245 -- --
2023 $4,945 $339,986 $0 $0
2022 $4,818 $330,084 $0 $0
2021 $4,829 $320,470 $0 $0
2020 $4,571 $316,046 $0 $0
2019 $4,465 $308,941 $0 $0
2018 $4,223 $303,181 $0 $0
2017 $4,164 $296,946 $0 $0
2016 $4,165 $290,839 $0 $0
2015 $4,226 $288,818 $0 $0
2014 $4,290 $286,526 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11332677

MIAMI REALTORS® MLS

APN: 24-4232-023-0820

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