$1,600,000
SOLD AUG 10, 2017
3 Beds
3 Baths
2,497 Sq Ft
$768/mo HOA Fee

Recently Sold

$641 Per Sq Ft

18% Below List Price

261 Days on Market

Highlights

  • Lake Front
  • Property has ocean access
  • Bar or Lounge
  • Key Biscayne K-8 Center Rated A-
  • Community Cabanas
  • 2-minute walk to Lake Park

About This Home

As of July 2025

Wonderfully located unit in the prestigious Ocean Club with an oversized terrace overlooking the lake. An additional terrace in the back 2 bedrooms. 3bed 3bath with beautiful marble floors throughout. Custom doors, new cabinets in kitchen. 24-hour notice required to make an apt. Contact L/A to make appointment. Includes two COVERED parking spaces.

Last Agent to Sell the Property

Lorraine Neumann

MMLS Assoc.-Inactive Member License #0564352 Listed on: 10/24/2016

MMLS Assoc.-Inactive Member

Co-Listed By

Philippe Neumann

Coldwell Banker Realty License #3257331

Last Buyer's Agent

Marise De Nobrega

AG Real Estate Advisors, LLC License #3287693

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,063

Year Built

  • Built in 2002

Lot Details

  • Lake Front
  • East Facing Home

HOA Fees

  • $768 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Property Views

  • Lake
  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,497 Sq Ft Home
  • Sliding Windows
  • Formal Dining Room
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • <<selfCleaningOvenToken>>
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-067-0200

Community Details

Overview

  • Other Membership Included
  • Club Membership Required
  • Lake Villa One Condo
  • The Ocean Club Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 5-Story Property

Amenities

  • Trash Chute
  • Bar or Lounge
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Handball Court
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $3,143

Security

  • Security Service
  • Walled
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,063

Year Built

Built in 2002

Lot Details

0

HOA Fees

$768 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Co List Office Mls Id: BHSM02
  • Co List Office Phone: 305-361-6666
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Ocean Club
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Second Floor Entry, Closet Cabinetry, Elevator, Fire Sprinklers, Handicap Accessible, Laundry Tub, Split Bedroom, Utility Room/Laundry
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2497
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 5
  • Window Features: Sliding
  • Bedroom Features: Primary Bedroom Ground Level, Other
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Lake Villa One Condo
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Lobby Secured, Security Patrol, Walled

Condo/Co-op/Association

  • Association Fee: 2303
  • Amenities: Bar, Basketball Court, Bike Storage, Cabana, Elevator(s), Exercise Room, Handball/Basketball, Heated Pool, Other Membership Included, Child Play Area, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 24-52-05-067-0200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 3143

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 22063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Aug 9, 2017
Sold by
Santos Jose C and Santos Giovanna O
Bought by
Busoli Emilio and Busoli Claudia M A
Seller's Agent
Lorraine Neumann
MMLS Assoc.-Inactive Member
Buyer's Agent
Marise De Nobrega
AG Real Estate Advisors, LLC
List Price
$1,950,000
Sold Price
$1,600,000
Premium/Discount to List
-$350,000
-17.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$1,165,000
Outstanding Balance
$962,288
Interest Rate
3.14%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,587,980

Purchase Details

Closed on
Aug 10, 2004
Sold by
Cortes Roberto and Calero Rosa
Bought by
Santos Jose C and Santos Giovanna O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 2003
Sold by
Demolina Raul and Demolina Maria E Gari
Bought by
Cortes Roberto and Calero Rosa I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,600
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2002
Sold by
Key Biscayne Ocean Club Lp
Bought by
Demolina Raul and Demolina Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Interest Rate
6.79%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $1,600,000 Attorney
Warranty Deed $940,000 --
Warranty Deed $754,500 --
Deed $595,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,165,000 Adjustable Rate Mortgage/ARM
Previous Owner $658,000 Unknown
Previous Owner $603,600 New Conventional
Previous Owner $603,600 Unknown
Previous Owner $446,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $2,475,000 -4.8% $991 / Sq Ft
02/26/2025 02/26/25 For Sale $2,600,000 +62.5% $1,041 / Sq Ft
08/10/2017 08/10/17 Sold $1,600,000 -9.6% $641 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
04/14/2017 04/14/17 Price Changed $1,770,000 -0.8% $709 / Sq Ft
03/01/2017 03/01/17 Price Changed $1,785,000 -3.5% $715 / Sq Ft
12/13/2016 12/13/16 Price Changed $1,849,000 -5.2% $740 / Sq Ft
10/24/2016 10/24/16 For Sale $1,950,000 0.0% $781 / Sq Ft
07/25/2012 07/25/12 Rented $6,600 -3.6% --
06/25/2012 06/25/12 Under Contract -- -- --
04/24/2012 04/24/12 For Rent $6,850 -- --
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 $25,319 $1,508,464 -- --
2023 $25,319 $1,371,331 $0 $0
2022 $20,014 $1,246,665 $0 $0
2021 $19,741 $1,187,300 $0 $0
2020 $19,843 $1,201,830 $0 $0
2019 $20,507 $1,239,000 $0 $0
2018 $20,891 $1,304,448 $0 $0
2017 $23,118 $1,431,100 $0 $0
2016 $22,666 $1,322,774 $0 $0
2015 $22,063 $1,202,522 $0 $0
2014 $19,698 $1,093,202 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10167691

MIAMI REALTORS® MLS

APN: 24-5205-067-0200