NOT LISTED FOR SALE

Estimated Value: $1,470,000 - $1,788,000

2 Beds
2 Baths
1,700 Sq Ft
$812/mo HOA Fee

Last Sold September 17, 2020

Last sale price $900,000 $529 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,590/month

419 Days on Market

Highlights

  • Lake Front
  • Property has ocean access
  • Intercom to Front Desk
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 1-minute walk to Lake Park

About This Home

As of September 2020

Exquisitely renovated unit with modern finishes in one of the most sought-after floor plans at the Resort Villas. All living areas flow and feel like a home with a large “Lanai Style” terrace that creates an extra space for entertaining or simply enjoying the outdoors. This 2bed/2bth has an extra area that can be used for a den, office space or family room

Last Agent to Sell the Property

Natalia Anda

Coldwell Banker Realty License #3042122 Listed on: 05/17/2019

Coldwell Banker Realty

Last Buyer's Agent

Valerie Hummel Leach

BHHS EWM Realty License #3312920

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,731

Year Built

  • Built in 1997

HOA Fees

  • $812 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Open Parking
  • Assigned Parking

Property Views

  • Lake
  • Garden

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Blinds
  • Formal Dining Room
  • Marble Flooring
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-017-0430

Community Details

Overview

  • Club Membership Required
  • The Ocean Club Condos
  • Resort Villa Two Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 5-Story Property

Amenities

  • Trash Chute
  • Community Library
  • Intercom to Front Desk
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $3,100

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,731

Year Built

Built in 1997

Lot Details

0

HOA Fees

$812 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Condominium
  • Entry Level: 2
  • 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
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Roman Tub, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1700
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Formal Dining
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View, Lake
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Ocean Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Assigned, Covered, Open, No Rv/Boats

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2436
  • Amenities: Bike Storage, Exercise Room, Storage, Library, Child Play Area, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-017-0430
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3100

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 12731

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Sep 15, 2020
Sold by
Jopag Investments Llc
Bought by
Brant Joseph A
Seller's Agent
Natalia Anda
Coldwell Banker Realty
Buyer's Agent
Valerie Hummel Leach
BHHS EWM Realty
List Price
$1,099,000
Sold Price
$900,000
Premium/Discount to List
-$199,000
-18.11%
Current Estimated Value
$1,589,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$689,371
Avg. Annual Appreciation
11.90%

Purchase Details

Closed on
Feb 4, 2011
Sold by
Padilla Santiago J and Padilla Maria H
Bought by
Jopag Investments Llc

Purchase Details

Closed on
Dec 17, 1997
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Padilla Santiago J and Padilla Maria H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Brant Joseph A $900,000 Attorney
Jopag Investments Llc $690,000 Attorney
Padilla Santiago J $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Padilla Santiago J $420,000
Previous Owner Padilla Santiago J $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Sold $900,000 -6.2% $529 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
11/27/2019 11/27/19 Price Changed $959,900 -1.5% $565 / Sq Ft
05/22/2019 05/22/19 Price Changed $975,000 -11.3% $574 / Sq Ft
05/16/2019 05/16/19 For Sale $1,099,000 0.0% $646 / Sq Ft
07/01/2015 07/01/15 Rented $6,000 -6.3% --
06/01/2015 06/01/15 Under Contract -- -- --
04/29/2015 04/29/15 For Rent $6,400 -- --
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 $15,833 $1,078,635 -- --
2024 $15,599 $1,048,237 -- --
2023 $15,599 $1,017,706 $0 $0
2022 $15,266 $988,065 $0 $0
2021 $12,247 $731,900 $0 $0
2020 $12,588 $762,420 $0 $0
2019 $12,844 $776,000 $0 $0
2018 $12,731 $794,915 $0 $0
2017 $13,238 $819,500 $0 $0
2016 $13,970 $844,845 $0 $0
2015 $15,519 $918,310 $0 $0
2014 $15,168 $841,784 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10674797

MIAMI REALTORS® MLS

APN: 24-5204-017-0430