NOT LISTED FOR SALE

Ocean Village Condominiums 55 Ocean Lane Dr Unit 2027 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $551,065 - $625,000

1 Bed
1.5 Baths
972 Sq Ft
$700/mo HOA Fee

Last Sold July 11, 2023

Last sale price $520,000 $535 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,573/month

219 Days on Market

Highlights

  • Fitness Center
  • Garden View
  • Breakfast Area or Nook
  • Key Biscayne K-8 Center Rated A-
  • Community Pool
  • Balcony

About This Home

As of July 2023

Totally remodeled unit with all permits closed in City Of Key Biscayne , complex has 24/7 security gate, two pools, gym, plenty of guest parkings. Quiet and Peaceful. Great investment rental, or a good choice to live in a Paradise Island. Pictures speak by themselves. Also has a half bathroom and washer and dryer inside the unit. Need to sale for relocation Building is on process of a total beatification remodeling including hallways, hallways rail and paint. Roof and Pools were done already.That will increase the value of the property.Price to sale, best deal in Key Biscayne. Not two level unit, just one floor. All info about remodeling and schedule for it is in the management office please call them.

Last Agent to Sell the Property

Yolanda Bibas

Sun & Sea Realty, Inc License #3090407 Listed on: 12/03/2022

Last Buyer's Agent

Ana Teresa Rodriguez

Coldwell Banker Realty License #3219652

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,086

Year Built

  • Built in 1982

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

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

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom

Outdoor Features

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-023-1060

Community Details

Overview

  • Low-Rise Condominium
  • Ocean Village Condos
  • Ocean Village Condo Subdivision

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Complex Is Fenced
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,086

Year Built

Built in 1982

Lot Details

0

HOA Fees

$700 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OCEAN VILLAGE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Closet Cabinetry, Elevator
  • Accessibility Features: Accessible Full Bath, Accessible Elevator Installed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 972
  • Possible Use: Primary
  • Stories: 4
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Garden View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Ocean Village
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Assigned, Open

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Guard At Site

Condo/Co-op/Association

  • Association Fee: 700
  • Amenities: Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-023-1060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 700

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
Jul 5, 2023
Sold by
Moreno Yolanda Cristina
Bought by
Noriega Gloria A
Seller's Agent
Yolanda Bibas
Sun & Sea Realty, Inc
Buyer's Agent
Ana Teresa Rodriguez
Coldwell Banker Realty
List Price
$595,000
Sold Price
$520,000
Premium/Discount to List
-$75,000
-12.61%
Views
107
Current Estimated Value
$614,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,874
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
May 29, 2015
Sold by
Siddons Thomas W and Siddons Carmen N
Bought by
Moreno De Bibas Yolanda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1999
Sold by
Maes Magdalena and Maes Alvarez
Bought by
Siddons Thomas W and Siddons Carmen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1994
Sold by
Alvarez Frank and Maes Alvarez Magdalena
Bought by
Maes Alvarez Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Interest Rate
7.61%

Purchase Details

Closed on
Apr 21, 1994
Sold by
Castro Hector and Roisenvit Patricia
Bought by
Alvarez Frank and Alvarez Magdalena Maes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Interest Rate
7.61%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Noriega Gloria A $520,000 None Listed On Document
Moreno De Bibas Yolanda C $386,000 None Available
Siddons Thomas W $138,000 --
Maes Alvarez Magdalena -- --
Alvarez Frank $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreno De Bibas Yolanda C $289,500
Previous Owner Siddons Thomas W $110,400
Previous Owner Alvarez Frank $92,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $520,000 -1.0% $535 / Sq Ft
05/08/2023 05/08/23 Price Changed $525,000 -5.4% $540 / Sq Ft
02/23/2023 02/23/23 Price Changed $555,000 -3.5% $571 / Sq Ft
01/26/2023 01/26/23 Price Changed $575,000 -1.7% $592 / Sq Ft
12/26/2022 12/26/22 Price Changed $585,000 -1.7% $602 / Sq Ft
12/03/2022 12/03/22 For Sale $595,000 0.0% $612 / Sq Ft
04/08/2022 04/08/22 Rented $4,800 -4.0% --
03/19/2022 03/19/22 Off Market $5,000 -- --
03/15/2022 03/15/22 For Rent $5,000 +100.0% --
07/03/2018 07/03/18 Rented $2,500 -2.0% --
06/04/2018 06/04/18 Under Contract -- -- --
05/28/2018 05/28/18 For Rent $2,550 +6.3% --
07/03/2017 07/03/17 Rented $2,400 +9.1% --
06/19/2017 06/19/17 Under Contract -- -- --
06/17/2017 06/17/17 Price Changed $2,200 +2.3% $2 / Sq Ft
06/12/2017 06/12/17 Price Changed $2,150 -8.5% $2 / Sq Ft
06/09/2017 06/09/17 Price Changed $2,350 +2.5% $2 / Sq Ft
05/24/2017 05/24/17 Price Changed $2,293 -4.2% $2 / Sq Ft
05/09/2017 05/09/17 Price Changed $2,393 -1.1% $2 / Sq Ft
04/06/2017 04/06/17 Price Changed $2,420 +3.0% $2 / Sq Ft
03/22/2017 03/22/17 Price Changed $2,350 -4.1% $2 / Sq Ft
12/26/2016 12/26/16 Price Changed $2,450 -7.5% $3 / Sq Ft
10/30/2016 10/30/16 Price Changed $2,650 +2.0% $3 / Sq Ft
08/17/2016 08/17/16 Price Changed $2,599 -3.1% $3 / Sq Ft
06/05/2016 06/05/16 Price Changed $2,681 -3.6% $3 / Sq Ft
06/04/2016 06/04/16 Price Changed $2,780 -0.7% $3 / Sq Ft
05/24/2016 05/24/16 Price Changed $2,800 -3.4% $3 / Sq Ft
04/28/2016 04/28/16 Price Changed $2,900 -6.5% $3 / Sq Ft
04/15/2016 04/15/16 Price Changed $3,100 0.0% $3 / Sq Ft
03/25/2016 03/25/16 For Rent $3,100 -- --
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 $6,278 $433,355 -- --
2024 $5,313 $433,355 -- --
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 $3,840 $232,000 $0 $0
2018 $4,795 $299,368 $0 $0
2017 $5,373 $307,684 $0 $0
2016 $5,093 $307,992 $0 $0
2015 $4,338 $256,660 $0 $0
2014 $4,035 $233,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Yolanda Bibas

    Seller's Agent in 2023

    Yolanda Bibas

    Sun & Sea Realty, Inc

    (305) 525-6072

    2 in this area

    12 Total Sales

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  • Ana Teresa Rodriguez

    Buyer's Agent in 2023

    Ana Teresa Rodriguez

    Coldwell Banker Realty

    (786) 442-5309

    1 in this area

    79 Total Sales

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  • Cristina Greeven

    Buyer's Agent in 2018

    Cristina Greeven

    Coldwell Banker Realty

    (305) 773-4520

    9 in this area

    17 Total Sales

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  • Fabiola Castillo

    Seller Co-Listing Agent in 2017

    Fabiola Castillo

    Sun & Sea Realty, Inc

    (786) 318-6436

    2 Total Sales

    Section Image

  • N

    Buyer's Agent in 2017

    Norka Babino de Martinez

    Capital Intl Realty LLC

    (305) 329-1470

    10 Total Sales

    Section Image
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About Ocean Village Condominiums

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11310913

MIAMI REALTORS® MLS

APN: 24-4232-023-1060

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

55 Ocean Lane Dr Unit 2027, Key Biscayne, FL

This home is located at 55 Ocean Lane Dr Unit 2027, Key Biscayne, FL 33149 since 03 December 2022 and is currently estimated at $594,266, approximately $611 per square foot. This property was built in 1982. 55 Ocean Lane Dr Unit 2027 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.

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