NOT LISTED FOR SALE

Estimated Value: $2,349,254 - $2,505,000

3 Beds
3 Baths
2,470 Sq Ft
$1,641/mo HOA Fee

Last Sold March 15, 2024

Last sale price $2,210,000 $895 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $17,116/month

187 Days on Market

Highlights

  • Ocean Front
  • Community Cabanas
  • Lake View
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 4-minute walk to Lake Park

About This Home

As of March 2024

Extensively remodeled 3 bedrooms, 3 bathrooms with large balconies and amazing garden and lake views. Private elevator that opens into a foyer that connects to the living room. This is an oversized unit with 2,470 SF. Ample space that feels more like a home with built-in walk-in closets and storage throughout. It has an open kitchen with top of the line appliances, eating area in kitchen with garden and lake view. All the bedrooms are very specious and in suits with walk-in closets. It comes with 2 cars garage. The Ocean Club offers resort style amenities, pools, tennis clubs, gym, spa, restaurants, business center, direct access to the club house and beach, beach umbrella and chairs service, 24 hours security and more. A must see!!!

Last Agent to Sell the Property

Natalia Salgado

DLS International Realty License #3271579 Listed on: 08/18/2023

Last Buyer's Agent

Natalia Salgado

DLS International Realty License #3271579 Listed on: 08/18/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,614

Year Built

  • Built in 1996

HOA Fees

  • $1,641 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Property Views

  • Lake
  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,470 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-050-0340

Community Details

Overview

  • Club Membership Required
  • Low-Rise Condominium
  • Ocean Club Condos
  • Lake Villa Two Condo Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Recreation Room
  • Secure Lobby
  • Bike Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,614

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,641 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: LAKE VILLA TWO CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2470
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 4
  • Bedroom Features: Entry Level

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: Ocean Access, Ocean Front
  • 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
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 4922
  • Amenities: Bike Storage, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Hobby Room, Exterior Lighting, Other, Child Play Area, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-050-0340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 18614

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Mar 13, 2024
Sold by
Branzi Llc
Bought by
Recalde Rafael and Lemoine Faith
Seller's Agent
Natalia Salgado
DLS International Realty
Buyer's Agent
Natalia Salgado
DLS International Realty
List Price
$2,425,000
Sold Price
$2,210,000
Premium/Discount to List
-$215,000
-8.87%
Views
115
Current Estimated Value
$2,427,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,064
Avg. Annual Appreciation
8.77%
Original Mortgage
$1,657,500
Outstanding Balance
$1,637,865
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$819,200

Purchase Details

Listed on
Feb 26, 2016
Closed on
Jul 14, 2016
Sold by
Backes Kenneth and Backes Carlina Mora
Bought by
Branzi Llc
Seller's Agent
Victor Coto
One Sotheby's International Realty
Buyer's Agent
Natalia Salgado
DLS International Realty
List Price
$1,875,000
Sold Price
$1,720,000
Premium/Discount to List
-$155,000
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Mesarina Wicki Barbara
Bought by
Backes Kenneth

Purchase Details

Closed on
Jun 21, 2000
Sold by
Penzini Pedro E and Penzini Isabel C
Bought by
Wicki Barbara M

Purchase Details

Closed on
Dec 24, 1996
Sold by
Key Biscayne Ocean Club Ltd and Partnership
Bought by
Penzini Pedro E and Penzini Isabel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.65%
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 Buyer Sale Price Title Company
Recalde Rafael $2,210,000 None Listed On Document
Branzi Llc $1,720,000 Attorney
Backes Kenneth $1,050,000 Attorney
Wicki Barbara M $550,000 --
Penzini Pedro E $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Recalde Rafael $1,657,500
Previous Owner Backes Kenneth $960,000
Previous Owner Penzini Pedro E $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $2,210,000 -8.9% $895 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $2,425,000 +9.7% $982 / Sq Ft
01/18/2024 01/18/24 Off Market $2,210,000 -- --
11/17/2023 11/17/23 Price Changed $2,425,000 -6.6% $982 / Sq Ft
10/01/2023 10/01/23 Price Changed $2,595,000 -5.6% $1,051 / Sq Ft
08/18/2023 08/18/23 For Sale $2,750,000 +59.9% $1,113 / Sq Ft
07/15/2016 07/15/16 Sold $1,720,000 -4.4% $696 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
04/22/2016 04/22/16 Price Changed $1,799,000 -4.1% $728 / Sq Ft
02/26/2016 02/26/16 For Sale $1,875,000 -- $759 / 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 $23,465 $1,401,869 -- --
2023 $23,465 $1,274,427 $0 $0
2022 $18,614 $1,158,570 $0 $0
2021 $18,360 $1,103,400 $0 $0
2020 $18,217 $1,103,400 $0 $0
2019 $20,292 $1,226,000 $0 $0
2018 $20,028 $1,250,540 $0 $0
2017 $21,946 $1,358,544 $0 $0
2016 $14,169 $900,836 $0 $0
2015 $14,379 $894,574 $0 $0
2014 $14,596 $887,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11438365

MIAMI REALTORS® MLS

APN: 24-5205-050-0340