NOT LISTED FOR SALE

Estimated Value: $839,000 - $1,065,000

2 Beds
2 Baths
1,365 Sq Ft
$1,010/mo HOA Fee

Last Sold August 01, 2022

Last sale price $780,000 $571 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,875/month

72 Days on Market

Highlights

  • Direct Ocean View
  • Heated Community Pool
  • Tile Flooring
  • Key Biscayne K-8 Center Rated A-
  • Video Cameras
  • Outdoor Grill

About This Home

As of August 2022

Beautiful 2/2 SE corner, full of natural light in one of the best boutique buildings on the Key. Right across the Beach & Beach park. Enclosed Balcony for additional square footage, impact windows. Ocean views and Beach park views. Very well kept with "ORIGINAL kitchen & bathrooms". Building just got a new roof and renovations paid. Passed 50-yr recertification, concrete restoration being finalized in the parking area. Great time to be a new owner! Very nice renovated lobby, beautiful pool and pool area, BBQ station. Only 3 units per floor, only 22 units total, nicest quiet building.

Last Agent to Sell the Property

Corinne Dodd

Cervera Real Estate Inc. License #0575936 Listed on: 05/20/2022

Cervera Real Estate Inc.

Last Buyer's Agent

Jacqueline Rasco

JX5 Real Estate LLC License #3185923

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,226

Year Built

  • Built in 1968

HOA Fees

  • $1,010 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,365 Sq Ft Home
  • Tile Flooring
  • Direct Ocean Views
  • Video Cameras

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-029-0150

Community Details

Overview

  • 21 Units
  • Mid-Rise Condominium
  • Ocean Drive Manors Condos
  • Ocean Drive Manors Inc Co Subdivision
  • 8-Story Property

Amenities

  • Laundry Facilities

Recreation

  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Phone Entry
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,226

Year Built

Built in 1968

Lot Details

0

HOA Fees

$1,010 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: From Sunrise straight towards beach on corner of Ocean Drive & Sunrise.
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN DRIVE MANORS INC CO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1365
  • Possible Use: Primary
  • Stories: 8
  • Bedroom Features: Entry Level

Exterior Features

  • View: Direct Ocean, Other View
  • Exterior Features: Barbeque, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN DRIVE MANORS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Elevator Secure, Phone Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 1010
  • Amenities: Laundry, Heated Pool, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-029-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 21
  • Number Of Units Total: 21

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Aug 1, 2022
Sold by
Otero Agustin L and Otero Elena M
Bought by
Rothe Nathan Kyle
Seller's Agent
Corinne Dodd
Cervera Real Estate Inc.
Buyer's Agent
Jacqueline Rasco
JX5 Real Estate LLC
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Views
3
Current Estimated Value
$898,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,602
Avg. Annual Appreciation
5.84%
Original Mortgage
$450,000
Interest Rate
5.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 14, 1997
Sold by
Enrique and Sosa Irene
Bought by
Otero Agustin L and Otero Elena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.98%
Mortgage Type
Balloon
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
Rothe Nathan Kyle $780,000 Benitez Agustin R
Otero Agustin L $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rothe Nathan Kyle $450,000
Previous Owner Otero Agustin L $148,400
Previous Owner Otero Agustin L $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $780,000 -2.4% $571 / Sq Ft
05/20/2022 05/20/22 For Sale $799,000 -- $585 / 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
2024 $10,311 $654,671 -- --
2023 $10,311 $641,834 $0 $0
2022 $8,863 $489,610 $0 $0
2021 $7,527 $445,100 $0 $0
2020 $7,066 $428,000 $0 $0
2019 $8,044 $486,000 $0 $0
2018 $7,787 $486,230 $0 $0
2017 $7,855 $486,230 $0 $0
2016 $7,995 $481,367 $0 $0
2015 $8,217 $486,230 $0 $0
2014 $8,008 $463,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11207485

MIAMI REALTORS® MLS

APN: 24-5205-029-0150