NOT LISTED FOR SALE

Estimated Value: $827,000 - $1,897,000

3 Beds
2 Baths
1,220 Sq Ft
1968 Built

Last Sold July 23, 2021

Last sale price $839,000 $688 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,590/month

127 Days on Market

Highlights

  • Property has ocean access
  • Bay View
  • Built-In Features
  • Key Biscayne K-8 Center Rated A-
  • Waterfront
  • Walk-In Closet

About This Home

As of July 2021

BEAUTIFULLY & COMPLETELY UPDATED BEAUTIFUL 3/2 penthouse unit over 1400 Sq Ft of living space filled with lots of natural light and great views including some bay and ocean!! Modern porcelain floors throughout the unit, window treatments in every room, master suite has spacious walk in closet, double sink in master bathroom. A/C units is less than 6 years old. MODERN Kitchen with beautiful quartz counters, BOSCH appliances, washer and dryer in the unit. Maintenace incl. fibre optic 500mhz internet. Enjoy renovated lobby, beautiful pool, BBQ station, sitting areas to enjoy the breeze. There are only 21 units in the building with 3 Units per floor.

Last Agent to Sell the Property

Daniel Gaviria

Great Properties International LLC License #0591285 Listed on: 02/08/2021

Great Properties International LLC

Co-Listed By

Ana Somarriba

Great Properties International LLC License #0653406

Last Buyer's Agent

Tata Botero

Great Properties International LLC License #3092697

Great Properties International LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,480

Year Built

  • Built in 1968

Lot Details

  • Waterfront
  • South Facing Home

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

  • Bay
  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,220 Sq Ft Home
  • Built-In Features
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-029-0200

Community Details

Overview

  • Property has a Home Owners Association
  • 21 Units
  • Mid-Rise Condominium
  • 590 Ocean Dr Condos
  • Ocean Drive Manors Inc Co Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 8-Story Property

Amenities

  • Community Barbecue Grill
  • Lobby
  • Elevator

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $933
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,480

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: GRTP01
  • Co List Office Phone: 305-365-0711
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • 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: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Built-in Features, Elevator, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1220
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 8
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Bay, Garden View, Other View
  • Exterior Features: East Of Us1, Barbeque
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 590 ocean dr
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, TV Camera

Condo/Co-op/Association

  • Amenities: Barbecue, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 24-52-05-029-0200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 933
  • Number Of Units In Community: 21

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Jul 22, 2021
Sold by
Vattovez Ileana and Botero Alejandro
Bought by
Borrero Maria Gabriela and Fedrigo Diego Felipe
Seller's Agent
Daniel Gaviria
Great Properties International LLC
Buyer's Agent
Tata Botero
Great Properties International LLC
List Price
$899,000
Sold Price
$839,000
Premium/Discount to List
-$60,000
-6.67%
Current Estimated Value
$1,216,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,297
Avg. Annual Appreciation
4.47%
Original Mortgage
$629,250
Outstanding Balance
$579,093
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$416,353

Purchase Details

Closed on
Sep 22, 2020
Sold by
Vattovez Ileana
Bought by
Vattovez Ileana and Botero Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2014
Sold by
Dates Hubert B
Bought by
Vattovez Ileana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1995
Sold by
Carey Helen A and Carey Helen Anderson
Bought by
Wallis Celeste and Dates Hubert B
Source: Public Records

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Range of Values:

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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
Borrero Maria Gabriela $839,000 Attorney
Vattovez Ileana -- Mortgage Connect Lp
Vattovez Ileana $520,000 Attorney
Wallis Celeste -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borrero Maria Gabriela $629,250
Closed Fedrigo Diego Felipe Abril $125,766
Previous Owner Vattovez Ileana $320,000
Previous Owner Botero Alejandro $150,000
Previous Owner Vattovez Ileana $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $839,000 -6.7% $688 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $899,000 0.0% $737 / Sq Ft
04/12/2012 04/12/12 Rented $1,900 0.0% --
03/13/2012 03/13/12 Under Contract -- -- --
01/11/2012 01/11/12 For Rent $1,900 -- --
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 $9,771 $660,849 -- --
2023 $9,771 $647,890 $0 $0
2022 $9,569 $629,020 $0 $0
2021 $6,759 $437,749 $0 $0
2020 $6,480 $431,706 $0 $0
2019 $6,336 $422,000 $0 $0
2018 $6,120 $421,650 $0 $0
2017 $6,179 $421,650 $0 $0
2016 $6,329 $421,650 $0 $0
2015 $6,471 $421,650 $0 $0
2014 $5,858 $284,988 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10996304

MIAMI REALTORS® MLS

APN: 24-5205-029-0200