$1,030,000
SOLD JUN 21, 2013
2 Beds
2 Baths
1,700 Sq Ft
$284/mo HOA Fee

Recently Sold

$606 Per Sq Ft

9% Below List Price

31 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Intercom to Front Desk
  • 1-minute walk to Lake Park

About This Home

As of March 2017

Largest 2 bed in Resort Villas with direct and completely unobstructed views of the lake in highest floor. Very spacious terrace-flow through plan. 2 Parking spaces assigned mint conditions.

Last Agent to Sell the Property

Monica Defortuna

Fortune Christie's Intl R.E. License #0577279 Listed on: 04/15/2013

Fortune Christie's Intl R.E.

Last Buyer's Agent

Jose Santivanez

MMLS Assoc.-Inactive Member License #0657893

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,134

Year Built

  • Built in 1997

HOA Fees

  • $284 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Water
  • Garden
  • Pool

Home Design

  • 1,700 Sq Ft Home
  • Concrete Block And Stucco Construction

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-017-0040

Community Details

Overview

  • Ocean Club Condos
  • 5-Story Property

Amenities

  • Clubhouse
  • Intercom to Front Desk

Recreation

  • Community Playground
  • Fitness Center

Pet Policy

  • No Pets Allowed

Building Details

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,134

Year Built

Built in 1997

Lot Details

0

HOA Fees

$284 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Fire Sprinklers, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1700
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Hurricane Shutters
  • Bedroom Features: Other

Exterior Features

  • View: Garden View, Pool Area View, Water View
  • Exterior Features: None, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN CLUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 851
  • Amenities: Clubhouse-Clubroom, Exercise Room, Child Play Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-017-0040
  • Lot Size Sq Ft: 1830
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 851

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 12134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2016
Closed on
Mar 22, 2017
Sold by
Mercy C O Llc and Mercy Co Llc
Bought by
Bear Re 2 Llc
Seller's Agent
Jose Santivanez
MMLS Assoc.-Inactive Member
Buyer's Agent
Carlos Coto
One Sotheby's International Realty
List Price
$1,375,000
Sold Price
$1,063,900
Premium/Discount to List
-$311,100
-22.63%
Current Estimated Value
$2,067,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,003,606
Avg. Annual Appreciation
7.49%
Interest Rate
4.3%

Purchase Details

Listed on
Apr 15, 2013
Closed on
Jun 20, 2013
Sold by
Enfield Overseas Ltd
Bought by
Mercy O C Llc
Seller's Agent
Monica Defortuna
Fortune Christie's Intl R.E.
Buyer's Agent
Jose Santivanez
MMLS Assoc.-Inactive Member
List Price
$1,130,000
Sold Price
$1,030,000
Premium/Discount to List
-$100,000
-8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.87%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Key Biscayne Ocean Club Ltd Partnershi
Bought by
Enfield Overseas Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.27%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,063,900 --
Warranty Deed $1,030,000 Attorney
Deed $365,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Previous Owner $180,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2017 03/22/17 Sold $1,063,900 -11.3% $626 / Sq Ft
01/26/2017 01/26/17 Price Changed $1,199,000 -2.1% $705 / Sq Ft
12/27/2016 12/27/16 Price Changed $1,225,000 -5.4% $721 / Sq Ft
10/17/2016 10/17/16 Price Changed $1,295,000 -2.3% $762 / Sq Ft
08/30/2016 08/30/16 Price Changed $1,325,000 -3.6% $779 / Sq Ft
06/29/2016 06/29/16 For Sale $1,375,000 +33.5% $809 / Sq Ft
06/21/2013 06/21/13 Sold $1,030,000 -8.8% $606 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $1,130,000 -- $665 / 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
2024 $18,639 $1,051,623 -- --
2023 $18,639 $956,021 $0 $0
2022 $15,315 $869,110 $0 $0
2021 $13,204 $790,100 $0 $0
2020 $13,588 $823,000 $0 $0
2019 $13,622 $823,000 $0 $0
2018 $14,349 $895,937 $0 $0
2017 $15,235 $904,300 $0 $0
2016 $16,077 $972,260 $0 $0
2015 $16,431 $972,260 $0 $0
2014 $16,814 $972,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1774337

MIAMI REALTORS® MLS

APN: 24-5204-017-0040