$2,012,000 - $2,186,541
RENTED MAY 1, 2025
2 Beds
2.5 Baths
2,060 Sq Ft
1996 Built

Last Sold March 21, 2025

Last sale price $2,060,000 $1,000 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $13,000/month

Highlights

  • Ocean View
  • Property has ocean access
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Bar or Lounge
  • 3-minute walk to Lake Park

About This Home

As of May 2025

2BD/2.5BA unfurnished condo for rent in Lake Villa II at Ocean Club, Key Biscayne. This bright, spacious unit boasts high ceilings and an open concept living and dining area with custom cabinetry for books, storage, and decor. PH-5 features two balconies: one expansive balcony with breathtaking lake, pool, and city skyline views, and a second with a peaceful garden and distant ocean view. The primary suite overlooks the lake, while the second suite offers serene tree-lined views. Enjoy the exclusivity of Lake Villa II and indulge in Ocean Club’s world-class amenities, including a Beach Club, Tennis Club, gym, restaurants, pools, spa, and more. Includes two parking spaces and storage. Experience resort-style living at its finest!

Last Agent to Rent the Property

Victor Florencio Sanchez

Ocean Club Realty, Inc. License #3468846 Listed on: 03/25/2025

Last Renter's Agent

Victor Florencio Sanchez

Ocean Club Realty, Inc. License #3468846 Listed on: 03/25/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,873

Year Built

  • Built in 1996

Lot Details

  • Home fronts a lagoon or estuary

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Bay
  • Lagoon

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,060 Sq Ft Home
  • Solar Tinted Windows
  • Vertical Blinds
  • Sliding Windows
  • Entrance Foyer
  • Family or Dining Combination
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Above Ground Pool
  • Property has ocean access

Listing and Financial Details

  • Property Available on 4/1/25
  • Assessor Parcel Number 24-52-05-050-0220

Community Details

Overview

  • No Home Owners Association
  • Lake Villa Two Condo
  • Lake Villa Two Condo Subdivision
  • Maintained Community
  • 5-Story Property

Amenities

  • Bar or Lounge

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$15,873

Year Built

Built in 1996

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-04-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Restricted Salt Water Access
  • New Construction: No
  • Building Stories: 5
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: LAKE VILLA TWO CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2060
  • Spa Features: Community
  • Stories: 5
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Sliding, Solar Film/Tinted, Verticals
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Family/Dining Combination
  • Living Room Features: Foyer

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Bay, Lagoon, Ocean
  • Construction Type: CBS Construction
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lagoon, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LAKE VILLA TWO CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities, Bar, Gated, Exercise Room, Maintained Community, Management On Site, Security Patrol, Spa/Hot Tub, Street Lights

Lot Info

  • Parcel Number: 24-52-05-050-0220
  • Land Lease Amount Frequency: Annually
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
Mar 19, 2025
Sold by
Sinclair Andres R and Sinclair Paula M
Bought by
Ph5 Key Biscayne Corp
Seller's Agent
Victor Florencio Sanchez
Ocean Club Realty, Inc.
Buyer's Agent
Victor Florencio Sanchez
Ocean Club Realty, Inc.
Sold Price
$11,000
Current Estimated Value
$2,114,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,103,298
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
Dec 28, 2005
Sold by
Pasatiempo Pictures Inc
Bought by
Sinclair Andres R and Sinclair Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 15, 1997
Sold by
Key Biscayne Ocean Club Ltd and Partnership[
Bought by
G U Z Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7.43%
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
Ph5 Key Biscayne Corp $2,060,000 None Listed On Document
Ph5 Key Biscayne Corp $2,060,000 None Listed On Document
Sinclair Andres R $1,300,000 --
G U Z Corporation $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sinclair Andres R $150,000
Previous Owner Sinclair Andres R $650,000
Previous Owner G U Z Corporation $850,000
Previous Owner G U Z Corporation $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Rented $11,000 -8.3% --
04/05/2025 04/05/25 Under Contract -- -- --
03/25/2025 03/25/25 For Rent $12,000 0.0% --
03/21/2025 03/21/25 Sold $2,060,000 -9.3% $1,000 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $2,270,000 -- $1,102 / 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 $15,873 $1,074,369 -- --
2024 $15,642 $1,044,091 -- --
2023 $15,642 $1,013,681 $0 $0
2022 $15,212 $984,157 $0 $0
2021 $15,278 $955,493 $0 $0
2020 $14,910 $942,301 $0 $0
2019 $14,597 $921,116 $0 $0
2018 $13,845 $903,942 $0 $0
2017 $13,669 $885,350 $0 $0
2016 $13,695 $867,141 $0 $0
2015 $13,898 $861,114 $0 $0
2014 $14,108 $854,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11770665

MIAMI REALTORS® MLS

APN: 24-5205-050-0220