NOT LISTED FOR SALE

650 Ocean Dr Unit 5A Key Biscayne, FL 33149

Estimated Value: $1,299,022 - $2,366,000

3 Beds
3 Baths
1,935 Sq Ft
1983 Built

Last Sold September 30, 2015

Last sale price $1,100,000 $568 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $9,971/month

Highlights

  • Above Ground Pool
  • No HOA
  • 2 Car Garage
  • Key Biscayne K-8 Center Rated A-

About This Home

As of November 2023

Great unit for rent

Last Agent to Rent the Property

Kid Leitao

Global Luxury Realty LLC License #3362127 Listed on: 08/23/2023

Global Luxury Realty LLC

Last Renter's Agent

Kid Leitao

Global Luxury Realty LLC License #3362127 Listed on: 08/23/2023

Global Luxury Realty LLC

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Parking

  • 2 Car Garage

Home Design

  • 1,935 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • Above Ground Pool

Listing and Financial Details

  • Property Available on 9/13/23
  • Assessor Parcel Number 24-52-04-016-0030

Community Details

Overview

  • No Home Owners Association
  • Bahia Mar Condo Of Key Bi Condos
  • Bahia Mar Condo Of Key Bi Subdivision

Pet Policy

  • Breed Restrictions

Condo Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2023-09-13

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1983
  • Property Sub Type: Condominium
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: BAHIA MAR CONDO OF KEY BI
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Living Area: 1935

Exterior Features

  • Pool Features: Above Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAHIA MAR CONDO OF KEY BI
  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 24-52-04-016-0030
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2015
Closed on
Sep 27, 2015
Sold by
Jaramillo Mauricio
Bought by
Bahia Mar 5A Llc
Seller's Agent
Mario Valbuena
Miller Eaton LLC
Buyer's Agent
Sonia Gherardi
One Sotheby's International Realty
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,709,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,506
Avg. Annual Appreciation
4.36%

Purchase Details

Listed on
Oct 17, 2011
Closed on
May 18, 2012
Sold by
Demesa Rafael Fernandez and Paradies Katherine
Bought by
Jaramillo Mauricio
Seller's Agent
Martha Blanco-Herrera
MMLS Assoc.-Inactive Member
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%
Original Mortgage
$417,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2003
Sold by
Wilcar Holdings N V
Bought by
Demesa Rafael Fernandez and Paradies Katherine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bahia Mar 5A Llc $1,100,000 Attorney
Jaramillo Mauricio $750,000 Attorney
Demesa Rafael Fernandez $361,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaramillo Mauricio $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2023 11/30/23 Rented $7,600 -10.5% --
10/10/2023 10/10/23 Price Changed $8,490 -5.6% $4 / Sq Ft
08/23/2023 08/23/23 For Rent $8,990 +12.4% --
09/13/2022 09/13/22 Rented $8,000 -7.5% --
07/26/2022 07/26/22 Under Contract -- -- --
06/27/2022 06/27/22 Price Changed $8,650 -2.8% $4 / Sq Ft
06/13/2022 06/13/22 Price Changed $8,900 -6.3% $5 / Sq Ft
05/23/2022 05/23/22 For Rent $9,500 +91.9% --
08/31/2020 08/31/20 Rented $4,950 -0.9% --
07/24/2020 07/24/20 Under Contract -- -- --
07/22/2020 07/22/20 For Rent $4,995 0.0% --
07/11/2020 07/11/20 Under Contract -- -- --
06/25/2020 06/25/20 For Rent $4,995 +9.8% --
05/24/2019 05/24/19 Rented $4,550 -3.2% --
03/26/2019 03/26/19 Under Contract -- -- --
11/15/2018 11/15/18 Price Changed $4,699 -5.6% $2 / Sq Ft
09/25/2018 09/25/18 Price Changed $4,980 -9.3% $3 / Sq Ft
06/18/2018 06/18/18 For Rent $5,490 0.0% --
09/30/2015 09/30/15 Sold $1,100,000 -8.3% $568 / Sq Ft View Prior Sale
09/24/2015 09/24/15 For Sale $1,200,000 +60.0% $620 / Sq Ft
05/18/2012 05/18/12 Sold $750,000 0.0% $388 / Sq Ft View Prior Sale
04/23/2012 04/23/12 Pending -- -- --
10/17/2011 10/17/11 For Sale $750,000 -- $388 / 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 $13,447 $897,336 -- --
2024 $11,887 $815,760 -- --
2023 $11,887 $741,600 $0 $0
2022 $11,988 $741,600 $0 $0
2021 $12,406 $741,600 $0 $0
2020 $12,244 $741,600 $0 $0
2019 $14,359 $927,000 $0 $0
2018 $11,972 $747,546 $0 $0
2017 $12,335 $763,581 $0 $0
2016 $12,626 $763,581 $0 $0
2015 $9,737 $614,905 $0 $0
2014 $9,884 $610,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kid Leitao

    Landlord's Agent in 2023

    Kid Leitao

    Global Luxury Realty LLC

    (305) 970-3832

    17 Total Sales

    Kid Leitao
    Section Image

  • E

    Buyer's Agent in 2022

    Erika Hoffmann

    One Sotheby's International Realty

    (305) 393-6032

    2 in this area

    20 Total Sales

    Erika Hoffmann
    Section Image
  • Anamaria Velasquez

    Buyer's Agent in 2020

    Anamaria Velasquez

    NEXXOS REALTY LLC

    (786) 210-3562

    18 Total Sales

    Anamaria Velasquez
    Section Image

  • M

    Buyer's Agent in 2019

    Maria Perez

    Sea Grove Realty

    (305) 798-2006

    5 Total Sales

    Maria Perez
    Section Image

  • M

    Seller's Agent in 2015

    Mario Valbuena

    Miller Eaton LLC

    4 in this area

    6 Total Sales

    Mario Valbuena
    Section Image
  • Sonia Gherardi

    Buyer's Agent in 2015

    Sonia Gherardi

    One Sotheby's International Realty

    (786) 344-7080

    1 in this area

    12 Total Sales

    Sonia Gherardi
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11441261

MIAMI REALTORS® MLS

APN: 24-5204-016-0030

Florida Miami/Dade County Key Biscayne 33149

650 Ocean Dr Unit 5A, Key Biscayne, FL

Not Listed for Sale

Condos

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