NOT LISTED FOR SALE

650 Ocean Dr Unit 4A Key Biscayne, FL 33149

Estimated Value: $1,279,798 - $1,999,000

3 Beds
3 Baths
1,935 Sq Ft
$995/mo HOA Fee

Last Sold October 13, 2017

Last sale price $783,300 $405 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $10,206/month

195 Days on Market

Highlights

  • Property has ocean access
  • Fitness Center
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Waterfront
  • Recreation Room

About This Home

As of October 2017

AMAZING PRICE for 1.935 sq.ft. 3/3 Condo a FEW STEPS FROM THE BEACH! ONLY $439/SQ.FT. PROBABLY THE BEST YOU CAN FIND in Key Biscayne in a prestigious Building. VERY MOTIVATED SELLER!!!. Perfect floor plan for a family. Beautiful open space living and dining area. Beautiful building with amenities and pool. LOW MAINTENANCE FEES. Don't miss this opportunity! THE OWNERS WANT TO SELL.

Last Agent to Sell the Property

Cristina Caumel

Cool Homes Real Estate, CO License #3224088 Listed on: 01/27/2017

Co-Listed By

Manuel Garcia Garnacho

Cool Homes Real Estate, CO License #3224086

Last Buyer's Agent

Manuel Garcia Garnacho

Cool Homes Real Estate, CO License #3224086

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,381

Year Built

  • Built in 1983

Lot Details

  • Waterfront
  • End Unit
  • East Facing Home

HOA Fees

  • $995 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,935 Sq Ft Home
  • Custom Mirrors
  • Plantation Shutters
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Recreation Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Outdoor Grill

Additional Features

  • Handicap Accessible
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-016-0020

Community Details

Overview

  • Mid-Rise Condominium
  • Bahia Mar Condos
  • Bahia Mar Subdivision
  • 10-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Business Center
  • Community Center
  • Party Room
  • Lobby
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,381

Year Built

Built in 1983

Lot Details

0

HOA Fees

$995 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: CHRE01
  • Co List Office Phone: 786-376-0641
  • Directions: Use GPS for best directions.
  • Entry Level: 4
  • 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
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Custom Mirrors, Fire Sprinklers, Entrance Foyer, Handicap Accessible, Other, Walk-In Closet(s), Recreation Room
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 1935
  • Possible Use: Primary
  • Stories: 10
  • Window Features: Blinds, Plantation Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Recreation Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

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

Garage/Parking

  • Park Building Name: BAHIA MAR
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 995
  • Amenities: Barbecue, Business Center, Clubhouse-Clubroom, Community Room, Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-016-0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 10381

Multi Family

  • Maintenance Expense: 995

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2017
Closed on
Sep 20, 2017
Sold by
Reyes Joaquin De Los and Canadas Susana
Bought by
Plaza Maria Teresa and Hoffman Peter
Seller's Agent
Cristina Caumel
Cool Homes Real Estate, CO
Buyer's Agent
Manuel Garcia Garnacho
Cool Homes Real Estate, CO
List Price
$1,050,000
Sold Price
$783,300
Premium/Discount to List
-$266,700
-25.4%
Current Estimated Value
$1,601,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,150
Avg. Annual Appreciation
9.02%
Original Mortgage
$626,600
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2012
Closed on
May 6, 2013
Sold by
Silverman Mark and Silverman Pilar
Bought by
Delos Reyes Joaquin and Canadas Susana
Seller's Agent
Moreno Habif
MMLS Assoc.-Inactive Member
Buyer's Agent
Susana Roth
BHHS EWM Realty
List Price
$840,000
Sold Price
$810,000
Premium/Discount to List
-$30,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.75%
Original Mortgage
$620,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2008
Sold by
Zamora Pablo and Zamora Sylvia
Bought by
Silverman Mark and Silverman Pilar

Purchase Details

Closed on
Oct 13, 1998
Sold by
Chincha Inc
Bought by
Zamora Pablo and Zamora Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 1993
Sold by
Meigher S Christopher and Meigher Grace T
Bought by
Chincha Inc
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
Plaza Maria Teresa $807,500 Attorney
Delos Reyes Joaquin $810,000 Attorney
Silverman Mark $825,000 Dba Loyal Title
Zamora Pablo $330,000 --
Chincha Inc $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Plaza Maria Teresa $626,600
Previous Owner Delos Reyes Joaquin $620,000
Previous Owner Zamora Pablo $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2017 10/13/17 Sold $783,300 -7.8% $405 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
06/26/2017 06/26/17 Price Changed $850,000 -5.0% $439 / Sq Ft
06/13/2017 06/13/17 Price Changed $895,000 -3.8% $463 / Sq Ft
06/02/2017 06/02/17 Price Changed $930,000 -3.6% $481 / Sq Ft
05/24/2017 05/24/17 Price Changed $965,000 -8.1% $499 / Sq Ft
01/27/2017 01/27/17 For Sale $1,050,000 +29.6% $543 / Sq Ft
05/06/2013 05/06/13 Sold $810,000 -3.6% $419 / Sq Ft View Prior Sale
03/22/2013 03/22/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $840,000 -- $434 / 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
2025 $11,033 $759,707 -- --
2024 $10,867 $738,297 -- --
2023 $10,867 $716,794 $0 $0
2022 $10,632 $695,917 $0 $0
2021 $10,673 $725,519 $0 $0
2020 $11,166 $715,502 $0 $0
2019 $10,927 $699,416 $0 $0
2018 $11,226 $740,418 $0 $0
2017 $10,363 $680,708 $0 $0
2016 $10,381 $666,708 $0 $0
2015 $10,534 $662,074 $0 $0
2014 $10,693 $656,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10214567

MIAMI REALTORS® MLS

APN: 24-5204-016-0020