NOT LISTED FOR SALE

650 Ocean Dr Unit 3A Key Biscayne, FL 33149

Estimated Value: $1,185,549 - $1,771,000

3 Beds
3 Baths
1,935 Sq Ft
1983 Built

Last Sold March 30, 2021

Last sale price $705,000 $364 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $8,367/month

733 Days on Market

Highlights

  • Fitness Center
  • Built in 1983 | Newly Remodeled
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Sitting Area In Primary Bedroom
  • Recreation Room

About This Home

As of March 2021

JUST REDUCED ! BEAUTIFULLY RENOVATED 3/3 CORNER UNIT WITH LOTS OF LIGHT. FRESHLY PAINTED WHITE WITH NEW WINDOW TREATMENTS THROUGHOUT. SPLIT FLOOR PLAN WITH LARGE MASTER SUITE INCLUDING 2 WALK-IN CLOSETS. APPLIANCES ARE ALL LESS THAN 3 YEARS OLD. THE UNIT IS JUST STEPS FROM THE BEACH WITH A TREETOP VIEW. THERE ARE 2 PARKING SPACES AND ADDITIONAL GUEST AND STREET PARKING. THE COMPLEX HAS A NEW GYM, RENOVATED LOBBIES AND POOL AREA, GREAT PARTY ROOM, ADDITIONAL STORAGE. PETS ARE OK. THERE ARE ONLY 3 UNITS ON THE FLOOR AND THE LOBBY WAS JUST RENOVATED. THE LOCATION IS AMAZING YOU CAN WALK TO SCHOOLS, RESTUARANTS, COMMUNITY CENTER AND MORE. THERE IS MANAGEMENT ON SITE. AND THIS IS A SMALL BOUTIQUE BUILDING WITH ONLY 41 UNITS.

Last Agent to Sell the Property

Karen Holmquist

Compass Florida, LLC License #0644635 Listed on: 02/07/2019

Compass Florida, LLC

Last Buyer's Agent

Daniel Gaviria

Great Properties International LLC License #0591285

Great Properties International LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,778

Year Built

  • Built in 1983 | Newly Remodeled

Lot Details

  • End Unit
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,935 Sq Ft Home
  • Built-In Features
  • Blinds
  • Family or Dining Combination
  • Recreation Room
  • Storage Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Location

  • East of U.S. Route 1

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-016-0010

Community Details

Overview

  • Property has a Home Owners Association
  • 41 Units
  • Mid-Rise Condominium
  • Bahia Mar Condos
  • Bahia Mar Condo Of Key Bi Subdivision
  • Car Wash Area
  • 11-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,160

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,778

Year Built

Built in 1983 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BAHIA MAR CONDO OF KEY BI
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers, Pantry, Split Bedroom, Walk-In Closet(s), Recreation Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1935
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 11
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Master Bedroom
  • Dining Room Features: Family/Dining Combination, Snack Bar/Counter
  • Living Room Features: Recreation Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Barbeque
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAHIA MAR
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Smoke Detector, Elevator Secure, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Amenities: Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Exterior Lighting, Pool, Sauna, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-04-016-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11778

Multi Family

  • Maintenance Expense: 1160
  • Number Of Units In Community: 41
  • Number Of Units Total: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 26, 2021
Sold by
Fonts Carlos A and Fonts Anna M
Bought by
Botero Alejandro and Vattovez Ileana
Seller's Agent
Karen Holmquist
Compass Florida, LLC
Buyer's Agent
Daniel Gaviria
Great Properties International LLC
List Price
$995,000
Sold Price
$705,000
Premium/Discount to List
-$290,000
-29.15%
Current Estimated Value
$1,442,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737,137
Avg. Annual Appreciation
16.01%
Original Mortgage
$548,000
Outstanding Balance
$493,979
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$948,158

Purchase Details

Closed on
Nov 5, 2015
Sold by
Fonts Carlos A and Fonts Anna
Bought by
Fonts Trust

Purchase Details

Closed on
Nov 29, 2004
Sold by
Vidal Fernando J
Bought by
Fonts Carlos A and Fonts Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5%
Mortgage Type
Unknown
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
Botero Alejandro $705,000 Attorney
Fonts Trust -- Attorney
Fonts Carlos A $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Botero Alejandro $548,000
Previous Owner Fonts Carlos A $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $705,000 -2.8% $364 / Sq Ft
01/07/2021 01/07/21 Price Changed $725,000 -8.8% $375 / Sq Ft
09/10/2020 09/10/20 Price Changed $795,000 -3.6% $411 / Sq Ft
02/06/2020 02/06/20 Price Changed $825,000 -8.3% $426 / Sq Ft
11/14/2019 11/14/19 Price Changed $900,000 -5.3% $465 / Sq Ft
06/13/2019 06/13/19 Price Changed $950,000 -4.5% $491 / Sq Ft
02/01/2019 02/01/19 For Sale $995,000 0.0% $514 / Sq Ft
12/15/2017 12/15/17 Rented $4,000 -11.1% --
10/05/2017 10/05/17 Price Changed $4,500 -10.0% $2 / Sq Ft
06/01/2017 06/01/17 For Rent $5,000 +2.0% --
07/01/2016 07/01/16 Rented $4,900 -2.0% --
05/24/2016 05/24/16 Under Contract -- -- --
05/17/2016 05/17/16 Price Changed $5,000 -3.8% $3 / Sq Ft
02/22/2016 02/22/16 For Rent $5,200 -- --
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 $10,798 $744,240 -- --
2024 $10,635 $723,266 -- --
2023 $10,635 $702,200 $0 $0
2022 $10,732 $702,200 $0 $0
2021 $11,758 $702,200 $0 $0
2020 $11,594 $702,240 $0 $0
2019 $14,126 $912,000 $0 $0
2018 $11,778 $735,437 $0 $0
2017 $12,173 $753,522 $0 $0
2016 $12,184 $723,616 $0 $0
2015 $11,573 $657,833 $0 $0
2014 $10,776 $598,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10612383

MIAMI REALTORS® MLS

APN: 24-5204-016-0010