$1,720,000
SOLD JUL 15, 2016
3 Beds
3.5 Baths
2,470 Sq Ft
1996 Built

Recently Sold

$696 Per Sq Ft

8% Below List Price

97 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Clubhouse
  • 4-minute walk to Lake Park

About This Home

As of March 2024

Best value at the Ocean Club & PRICED TO SELL! Visit this gorgeous 3 BRs/ 3.5 BAs oversized unit that feels more like a home, with ample closets & storage throughout! Italian built-ins and appliance upgrades add comfort & style. The spacious terrace, master suite & eat in kitchen overlook lush landscaping and lake views, offering privacy and serenity. Enjoy exclusive island living at the Ocean Club, with world class amenities: restaurants, pools, tennis club, gym, spa, 24hr. security & more. Easy to show!

Last Agent to Sell the Property

Victor Coto

One Sotheby's International Realty License #3268414 Listed on: 02/26/2016

One Sotheby's International Realty

Last Buyer's Agent

Natalia Salgado

DLS International Realty License #3271579

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,804

Year Built

  • Built in 1996

Parking

  • 2 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,470 Sq Ft Home
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Marble Flooring
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

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

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Villa Ii Condos
  • Ocean Club Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

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

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Phone Entry
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,804

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Ocean Club
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Ice Maker, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Elevator, Entrance Foyer, Pantry, Split Bedroom
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2470
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Sliding
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Formal Dining
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Lake
  • Exterior Features: Other, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction, Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Lake Villa II
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Phone Entry, Security Patrol

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

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

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 13804

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
$2,440,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,777
Avg. Annual Appreciation
7.02%
Original Mortgage
$1,657,500
Outstanding Balance
$1,633,131
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$793,933

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 Type Sale Price Title Company
Warranty Deed $2,210,000 None Listed On Document
Warranty Deed $1,720,000 Attorney
Deed $1,050,000 Attorney
Warranty Deed $550,000 --
Deed $400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,657,500 New Conventional
Previous Owner $960,000 New Conventional
Previous Owner $240,000 New Conventional
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
2025 $24,251 $1,440,217 -- --
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: A10041252

MIAMI REALTORS® MLS

APN: 24-5205-050-0340