NOT LISTED FOR SALE

650 Ocean Dr Unit 5C Key Biscayne, FL 33149

Estimated Value: $1,311,000 - $1,568,000

3 Beds
3 Baths
2,162 Sq Ft
1983 Built

Sale Details

Date Sold: March 31, 2021

Last sale price $862,500 $399 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,035 / mo

94 Days on Market

Highlights

  • Fitness Center
  • Bay View
  • Roman Tub
  • Key Biscayne K-8 Center Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of March 2021

BEAUTIFUL 3/3 large corner unit over 2100 Sq Ft of living space filled with lots of natural light and great views of the park and ocean. Window treatments in every room, master suite has 2 spacious walk in closets, double sink with lots of storage drawers in master bath. A/C unit is less than 6 month old. Large kitchen with beautiful granite counters, washer and dryer in the unit. Foyer has a welcoming double set of doors that leads you to ample living room and dining room. There are 2 gated parking spaces that come with the unit and golf cart parking with charging station. Enjoy the building's new gym, a renovated lobby, beautiful pool, BBQ station, party room, sitting areas to enjoy the breeze. There are only 41 units in the building with 3 Units per floor.

Last Agent to Sell the Property

Richard Leiva

Bayview International Realty License #3018722 Listed on: 11/10/2020

Bayview International Realty

Last Buyer's Agent

Frida Martin

Elite Sales Group License #3155881

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,552

Year Built

  • Built in 1983

Lot Details

  • End Unit
  • North Facing Home

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,162 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-016-0210

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Community
  • Bahia Mar Condos
  • Bahia Mar Condo Of Key Bi Subdivision
  • 10-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator
  • Secure Lobby
  • Interior Hall
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $1,416
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,552

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

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

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, Pantry, Roman Tub, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2162
  • Possible Use: Primary
  • Stories: 10
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Formal Dining
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Bahia Mar
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Phone Entry, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Amenities: Bike Storage, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-016-0210
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 15552

Multi Family

  • Maintenance Expense: 1416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Mar 31, 2021
Sold by
Valdesuso Cesar J and Carlos Valdesuso Living Trust
Bought by
Sellar Frida M and Azancot Daniel
Seller's Agent
Richard Leiva
Bayview International Realty
Buyer's Agent
Frida Martin
Elite Sales Group
List Price
$874,900
Sold Price
$862,500
Premium/Discount to List
-$12,400
-1.42%
Current Estimated Value
$1,472,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,574
Avg. Annual Appreciation
10.92%
Original Mortgage
$548,250
Outstanding Balance
$495,003
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$977,071

Purchase Details

Closed on
Oct 25, 2017
Sold by
Valdesuso Carlos and Valdesuso Cesar J
Bought by
Valdesuso Carlos

Purchase Details

Closed on
Jun 25, 1998
Sold by
Quay Corp
Bought by
Valdesuso Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
7.21%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Sellar Frida M $862,500 Folio Title Llc
Sellar Frida M $862,500 New Title Company Name
Valdesuso Carlos -- None Available
Valdesuso Carlos $310,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Sellar Frida M $548,250
Closed Sellar Frida M $141,750
Previous Owner Valdesuso Carlos $205,454
Previous Owner Valdesuso Carlos $232,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $862,500 -1.4% $399 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $874,900 0.0% $405 / Sq Ft
06/25/2018 06/25/18 Rented $4,800 -3.0% --
06/02/2018 06/02/18 Price Changed $4,950 -6.2% $2 / Sq Ft
05/08/2018 05/08/18 Price Changed $5,275 -4.1% $2 / Sq Ft
01/26/2018 01/26/18 For Rent $5,500 0.0% --
03/30/2015 03/30/15 Rented $5,500 -20.3% --
02/28/2015 02/28/15 Under Contract -- -- --
01/05/2015 01/05/15 For Rent $6,900 -- --
Source: MIAMI REALTORS® MLS

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 $12,822 $876,825 -- --
2024 $12,631 $852,114 -- --
2023 $12,631 $827,296 $0 $0
2022 $12,337 $803,200 $0 $0
2021 $13,420 $803,200 $0 $0
2020 $13,261 $803,200 $0 $0
2019 $15,552 $1,004,000 $0 $0
2018 $12,968 $809,692 $0 $0
2017 $13,080 $809,692 $0 $0
2016 $13,389 $809,692 $0 $0
2015 $13,607 $743,748 $0 $0
2014 $11,916 $676,135 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10944974

MIAMI REALTORS® MLS

APN: 24-5204-016-0210

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