NOT LISTED FOR SALE

650 Ocean Dr Unit 8E Key Biscayne, FL 33149

Estimated Value: $942,455 - $1,344,000

2 Beds
2 Baths
1,518 Sq Ft
$754/mo HOA Fee

Last Sold June 10, 2016

Last sale price $638,000 $420 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,589/month

41 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Main Floor Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Wood Flooring
  • Community Pool

About This Home

As of June 2016

Walk to the beach from this spacious 2 bedroom, 2 bath in Bahia Mar in Key Biscayne. Property sold AS-IS. Kitchen is missing in this property. Corporate owned, please use show assist to schedule a showing.

Last Agent to Sell the Property

Berenice Elguezabal

Coldwell Banker Realty License #0695500 Listed on: 02/10/2016

Coldwell Banker Realty

Last Buyer's Agent

Encina Neira

BHHS EWM Realty License #3239310

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,032

Year Built

  • Built in 1983

HOA Fees

  • $754 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,518 Sq Ft Home
  • Family Room
  • Water Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Dual Sinks

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Northeast Facing Home
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-016-0380

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • Bahia Mar Condos
  • 11-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,032

Year Built

Built in 1983

Lot Details

0

HOA Fees

$754 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Elevator, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1518
  • Possible Use: Unknown/Withheld
  • Stories: 11
  • Window Features: Other Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Other View, Water View
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Pool Private: No
  • 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

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 754
  • Amenities: Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-016-0380
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 9032

Multi Family

  • Maintenance Expense: 754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2016
Closed on
Jun 1, 2016
Sold by
Hsbc Bank Usa Na
Bought by
Uriarte Alejandro and Jimenez Alicia
Seller's Agent
Berenice Elguezabal
Coldwell Banker Realty
Buyer's Agent
Encina Neira
BHHS EWM Realty
List Price
$695,000
Sold Price
$638,000
Premium/Discount to List
-$57,000
-8.2%
Current Estimated Value
$1,170,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,364
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Nov 23, 2015
Sold by
Feliz Andrew
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Apr 15, 2004
Sold by
Ca Inversiones Cafaci
Bought by
Feltz Andres and Feltz Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.38%
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
Uriarte Alejandro $638,000 Shore To Shore Title Llc
Hsbc Bank Usa Na $685,300 None Available
Feltz Andres $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feltz Andres $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $638,000 -8.2% $420 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $695,000 -- $458 / 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 $9,296 $646,626 -- --
2024 $9,153 $628,403 -- --
2023 $9,153 $610,100 $0 $0
2022 $9,268 $610,100 $0 $0
2021 $9,595 $610,100 $0 $0
2020 $9,425 $610,080 $0 $0
2019 $9,470 $611,371 $0 $0
2018 $8,976 $599,972 $0 $0
2017 $9,692 $599,972 $0 $0
2016 $9,921 $599,972 $0 $0
2015 $9,032 $454,863 $0 $0
2014 $8,050 $413,512 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10032060

MIAMI REALTORS® MLS

APN: 24-5204-016-0380