$927,500
SOLD OCT 9, 2020
2 Beds
2 Baths
1,450 Sq Ft
$1,964/mo HOA Fee

Recently Sold

$640 Per Sq Ft

5% Below List Price

38 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Lake View
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 1-minute walk to Lake Park

About This Home

As of October 2020

Unique Penthouse plan offers a spacious & very bright 2 bed / 2 bath unit in exclusive Ocean Club. Private elevator into unit; distinct floor plan to other units - doesn't have the hallways that overlook into the 2nd bedroom windows providing more privacy. Beautiful wood floors, open kitchen, split plan; each bedroom has a balcony. Master bedroom & living room balcony have great views overlooking the lake, & 2nd bedroom balcony & kitchen face the palm trees & the Miami downtown/Brickell Skyline view. Two parking spaces assigned; one covered, & one outside. Includes separate storage in the garage level. Per tax rolls 1450 sq. ft., but Seller believes it to be 1572 sq. ft. Enjoy full resort style amenities including full service spa, gym, tennis restaurant, beach, Olympic pool, & more.

Last Agent to Sell the Property

Chris Kruger

MMLS Assoc.-Inactive Member License #0660323 Listed on: 07/06/2020

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Chris Kruger

MMLS Assoc.-Inactive Member License #0660323 Listed on: 07/06/2020

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,761

Year Built

  • Built in 1997

Lot Details

  • Ocean Front
  • Lake Front
  • South Facing Home

HOA Fees

  • $1,964 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,450 Sq Ft Home
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Family or Dining Combination
  • Storage Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-017-0130

Community Details

Overview

  • 47 Units
  • Club Membership Required
  • Mid-Rise Condominium
  • Resort Villa Two Condos
  • Resort Villa Two Condo Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Bar or Lounge
  • Secure Lobby
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Security Service
  • Complex Is Fenced
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,761

Year Built

Built in 1997

Lot Details

0

HOA Fees

$1,964 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Head South on Crandon Blvd when entering Key Biscayne, and enter Ocean Club through the North gate, located across from Westwood Drive. After passing through the guard gate keep going straight, and it will be the first complex on the right.
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RESORT VILLA TWO CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Elevator, Other, Roman Tub, Split Bedroom, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1450
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 6
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds, Other Windows, Sliding
  • Bedroom Features: Entry Level, Other
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Other, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Lake, Pool Area View, Skyline
  • Exterior Features: East Of Us1, Other, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake, Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Resort Villa Two
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Limited # Of Vehicle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Complex Fenced, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 5891
  • Amenities: Bar, Clubhouse-Clubroom, Elevator(s), Exercise Room, Other, Child Play Area, Pool, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 24-52-04-017-0130
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 5891
  • Number Of Units In Community: 47
  • Number Of Units Total: 47

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Oct 9, 2020
Sold by
Majdalani Matias and Suarez Ines
Bought by
Charles Marvin B and Charles Mary
Seller's Agent
Chris Kruger
MMLS Assoc.-Inactive Member
Buyer's Agent
Chris Kruger
MMLS Assoc.-Inactive Member
List Price
$980,000
Sold Price
$927,500
Premium/Discount to List
-$52,500
-5.36%
Total Days on Market
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.32%
Original Mortgage
$450,000
Outstanding Balance
$404,747
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,473,943

Purchase Details

Closed on
Mar 25, 2011
Sold by
Molli Llc
Bought by
Majdalani Matias and Suarez Ines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2005
Sold by
Resort Villa Two Ph & 3 Inc
Bought by
Molli Llc

Purchase Details

Closed on
Aug 2, 2002
Sold by
Kerry Mchugh I
Bought by
Resort Villa Two Ph & 3 Inc

Purchase Details

Closed on
Jul 20, 2001
Sold by
Evelina Tsigelnitskaya I
Bought by
Mchugh Kerry

Purchase Details

Closed on
Mar 10, 1998
Sold by
Pouig Miguel F
Bought by
Tsigelnitskaya Evelina and Kuznetsova Irina

Purchase Details

Closed on
Dec 9, 1997
Sold by
Key Biscayne Ocean Club Ltd Partnershi
Bought by
Puig Miguel F
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
Warranty Deed $927,500 Attorney
Warranty Deed $805,000 Attorney
Warranty Deed $775,000 Attorney
Warranty Deed $620,000 --
Warranty Deed $530,000 --
Warranty Deed $370,000 --
Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $401,500 New Conventional
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $2,600,000 +180.3% $1,793 / Sq Ft
10/09/2020 10/09/20 Sold $927,500 -5.4% $640 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $980,000 0.0% $676 / Sq Ft
03/01/2018 03/01/18 Rented $4,700 -6.0% --
03/01/2018 03/01/18 Under Contract -- -- --
12/12/2017 12/12/17 Price Changed $5,000 -9.1% $3 / Sq Ft
10/25/2017 10/25/17 For Rent $5,500 -4.3% --
10/15/2015 10/15/15 Rented $5,750 -4.2% --
10/15/2015 10/15/15 For Rent $6,000 -- --
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 $12,694 $855,752 -- --
2023 $12,694 $830,828 $0 $0
2022 $12,391 $806,630 $0 $0
2021 $12,270 $733,300 $0 $0
2020 $12,482 $756,000 $0 $0
2019 $12,761 $771,000 $0 $0
2018 $14,806 $924,517 $0 $0
2017 $14,935 $924,517 $0 $0
2016 $15,760 $953,110 $0 $0
2015 $15,597 $898,118 $0 $0
2014 $15,209 $816,471 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10887146

MIAMI REALTORS® MLS

APN: 24-5204-017-0130