NOT LISTED FOR SALE

Estimated Value: $1,282,696 - $1,635,000

2 Beds
2 Baths
1,450 Sq Ft
$844/mo HOA Fee

Last Sold December 23, 2020

Last sale price $875,000 $603 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $9,824/month

140 Days on Market

Highlights

  • Fitness Center
  • Newly Remodeled
  • Roman Tub
  • Key Biscayne K-8 Center Rated A-
  • Clubhouse
  • 1-minute walk to Lake Park

About This Home

As of December 2020

RESORT VILLA II PENTHOUSE
Beautiful 2 bedroom, 2 bathroom penthouse unit in Key Biscayne's very desirable Ocean Club! Two large balconies with incredible views, super secure, luxury condominium living with amazing amenities that include tennis courts, beach bar and grill, health and fitness spa, fine dining, pools, beachfront resort access, and much more!

Last Agent to Sell the Property

Rosario Keif

Coldwell Banker Realty License #0327560 Listed on: 07/22/2020

Coldwell Banker Realty

Co-Listed By

Mary Stevens

MMLS Assoc.-Inactive Member License #3433108

Last Buyer's Agent

Francis Hawley

Fortune International Realty License #3327034

Fortune International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,380

Year Built

  • Built in 1997 | Newly Remodeled

HOA Fees

  • $844 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Garden
  • Club Area

Home Design

  • 1,450 Sq Ft Home
  • Penthouse
  • Split Level Home
  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Exterior Lighting

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-017-0380

Community Details

Overview

  • Club Membership Required
  • The Ocean Club Condos
  • Resort Villa Two Condo Subdivision
  • 5-Story Property

Amenities

  • Trash Chute
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Lobby
  • Community Storage Space
  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $2,950

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,380

Year Built

Built in 1997 | Newly Remodeled

Lot Details

0

HOA Fees

$844 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse, Split Level
  • Co List Office Mls Id: FINR05
  • Co List Office Phone: 305-361-3440
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RESORT VILLA TWO CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Water Purifier, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Lobby, First Floor Entry, Elevator, Fire Sprinklers, Laundry Tub, Roman Tub, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 1450
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Bedroom Features: Entry Level

Exterior Features

  • View: Club Area View, Garden View, Tennis Court View
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE OCEAN CLUB
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Guest, Parking-Under Building

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fire Sprinklers, Fire Alarm, Elevator Secure, Card Entry, Guard At Site

Condo/Co-op/Association

  • Association Fee: 844
  • Amenities: Billiard Room, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Exterior Lighting, Child Play Area, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-04-017-0380
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 2950

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Dec 23, 2020
Sold by
Santa Lucia Llc
Bought by
Woodholme Farm Llc
Seller's Agent
Rosario Keif
Coldwell Banker Realty
Buyer's Agent
Francis Hawley
Fortune International Realty
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Current Estimated Value
$1,437,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,174
Avg. Annual Appreciation
10.94%

Purchase Details

Closed on
Jul 15, 2003
Sold by
Ingovalle Inc
Bought by
Santa Lucia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,400
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 1997
Sold by
Key Biscayne Ocean Club Limited Partne
Bought by
Ingovalle Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Woodholme Farm Llc $875,000 Attorney
Woodhome Farm Llc $875,000 None Listed On Document
Santa Lucia Llc $532,000 --
Ingovalle Inc $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santa Lucia Llc $372,400
Previous Owner Ingovalle Inc $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $875,000 -2.7% $603 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $899,000 +2.7% $620 / Sq Ft
08/14/2020 08/14/20 Off Market $875,000 -- --
07/21/2020 07/21/20 For Sale $899,000 -- $620 / 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 $15,957 $1,062,350 -- --
2024 $15,405 $965,773 -- --
2023 $15,405 $877,976 $0 $0
2022 $12,886 $798,160 $0 $0
2021 $12,143 $725,600 $0 $0
2020 $12,350 $748,000 $0 $0
2019 $12,380 $748,000 $0 $0
2018 $14,362 $896,781 $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: A10896696

MIAMI REALTORS® MLS

APN: 24-5204-017-0380