NOT LISTED FOR SALE

650 Ocean Dr Unit 7B Key Biscayne, FL 33149

Estimated Value: $1,046,909 - $1,618,000

2 Beds
2 Baths
1,562 Sq Ft
$712/mo HOA Fee

Last Sold June 17, 2015

Last sale price $765,000 $490 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,718/month

150 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Intercom to Front Desk
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Waterfront

About This Home

As of June 2015

JUST REDUCED!!!UNOBSTRUCTED OCEAN VIEWS FROM EVERY ROOM IN THIS BEAUTIFUL 2/2 IN KEY BISCAYNE. LOCATED ACROSS THE STREET FROM THE BEACH CLUB WITH EASY ACCESS TO BEACH. OPEN KITCHEN WITH QUARTZ COUNTERTOP. CERAMIC TILE THROUGHOUT LIVING AREAS. BRAND NEW CA RPET INSTALLED IN 2014 IN BOTH BEDROOMS. SPACIOUS LAUNDRY ROOM W/WASHER/DRYER. BRAND NEW A/C, MARBLE BATHROOMS. DON'T MISS THIS OPPORTUNITY TO LIVE IN DESIRABLE BOUTIQUE BUILDING WITH ONLY 3 UNITS PER FLOOR, TOTAL OF 30 UNITS.

Last Agent to Sell the Property

Carla Defortuna

Fortune Christie's Intl R.E. License #3202692 Listed on: 11/28/2014

Fortune Christie's Intl R.E.

Last Buyer's Agent

Carla Defortuna

Fortune Christie's Intl R.E. License #3202692 Listed on: 11/28/2014

Fortune Christie's Intl R.E.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,313

Year Built

  • Built in 1983

HOA Fees

  • $712 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,562 Sq Ft Home
  • Entrance Foyer
  • Ocean Views
  • Dryer

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Additional Features

  • Property has ocean access
  • Waterfront
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-016-0140

Community Details

Overview

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

Amenities

  • Community Center
  • Party Room
  • Intercom to Front Desk
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,313

Year Built

Built in 1983

Lot Details

0

HOA Fees

$712 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Condominium
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1562
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction
  • 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: 2 Or More Spaces, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Elevator Secure, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 712
  • Amenities: Community Room, Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-016-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2014
Closed on
Jun 15, 2015
Sold by
Portela Carolina B and Bustamante Rodrigo R
Bought by
Botran Francisco and Botran Helen
Seller's Agent
Carla Defortuna
Fortune Christie's Intl R.E.
Buyer's Agent
Carla Defortuna
Fortune Christie's Intl R.E.
List Price
$889,000
Sold Price
$765,000
Premium/Discount to List
-$124,000
-13.95%
Current Estimated Value
$1,254,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,727
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Oct 25, 2002
Sold by
Fernandez Jorge and Fernandez Daza
Bought by
Bustamante Sara V

Purchase Details

Closed on
Oct 23, 2000
Sold by
Marazeta Realty Inc
Bought by
Fernandez-Daza Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.83%
Mortgage Type
New Conventional
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
Botran Francisco $765,000 Attorney
Botran Francisco -- Attorney
Bustamante Sara V $360,000 --
Fernandez-Daza Jorge $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez-Daza Jorge $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2015 06/17/15 Sold $765,000 -4.3% $490 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/16/2015 04/16/15 Price Changed $799,000 -5.9% $512 / Sq Ft
01/08/2015 01/08/15 Price Changed $849,000 -4.5% $544 / Sq Ft
11/28/2014 11/28/14 For Sale $889,000 -- $569 / 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 $6,125 $437,606 -- --
2024 $6,025 $425,274 -- --
2023 $6,025 $412,888 $0 $0
2022 $5,943 $400,863 $0 $0
2021 $5,960 $389,188 $0 $0
2020 $5,690 $383,815 $0 $0
2019 $5,561 $375,186 $0 $0
2018 $5,264 $368,191 $0 $0
2017 $5,193 $360,619 $0 $0
2016 $5,197 $353,202 $0 $0
2015 $5,345 $355,515 $0 $0
2014 -- $352,694 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carla Defortuna

    Seller's Agent in 2015

    Carla Defortuna

    Fortune Christie's Intl R.E.

    (305) 856-2600

    13 Total Sales

    Carla Defortuna
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2039359

MIAMI REALTORS® MLS

APN: 24-5204-016-0140

Florida Miami/Dade County Key Biscayne 33149

650 Ocean Dr Unit 7B, Key Biscayne, FL

Not Listed for Sale

Condos

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