NOT LISTED FOR SALE

Estimated Value: $2,707,000 - $3,097,000

3 Beds
4 Baths
2,790 Sq Ft
$1,409/mo HOA Fee

Last Sold June 28, 2019

Last sale price $1,600,000 $573 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $19,023/month

124 Days on Market

Highlights

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

About This Home

As of June 2019

At Home is how you will feel when you enter this Spacious three bedroom, four bath apartment overlooking Lake Villa's pool and five acre lake. The ample terrace even has a peek of the Miami skyline. This gracious and light filled home is accessed by an elevator opening to a private foyer. The generously sized living room has a den off to the side with a full bath which can easily be converted to a fourth bedroom. The bedrooms are split plan. Each is en-suite and have large closets. The eat-in kitchen opens to the lake front terrace and has a dedicated laundry room adjacent. This is one of the largest apartments in the Lake Villas and it comes with two assigned parking spaces, one open air and one in the attached garage. This Lake Villa apartment makes for a very comfortable family home.

Last Agent to Sell the Property

Cristina Greeven

Coldwell Banker Realty License #0484486 Listed on: 01/18/2019

Coldwell Banker Realty

Last Buyer's Agent

Gustavo Gambino

Gambino Real Estate Corp. License #3096862

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,411

Year Built

  • Built in 1996

Lot Details

  • Waterfront

HOA Fees

  • $1,409 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Open Parking
  • Assigned Parking

Interior Spaces

  • 2,790 Sq Ft Home
  • Furnished
  • Sliding Windows
  • Entrance Foyer
  • L-Shaped Dining Room
  • Den
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-050-0150

Community Details

Overview

  • Club Membership Required
  • Low-Rise Condominium
  • Lake Villa Two Condo
  • Lake Villa Two Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 5-Story Property

Amenities

  • Clubhouse
  • Community Center
  • Party Room
  • Community Library
  • Bar or Lounge

Recreation

  • Private Beach Pavilion
  • Tennis Courts
  • Handball Court
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,555

Security

  • Security Guard
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,411

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,409 per month

Parking

2

Listing Details

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

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Laundry Tub, Den/Library/Office
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished, Furnished
  • Living Area: 2790
  • Possible Use: Primary
  • Stories: 5
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, L Shaped Dining
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Lake
  • Exterior Features: None, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: LAKE VILLA TWO CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Assigned, Covered, Open, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Smoke Detector, Guard At Site

Condo/Co-op/Association

  • Association Fee: 4228
  • Amenities: Bar, Bike/Jog Path, Clubhouse-Clubroom, Community Room, Exercise Room, Handball/Basketball, Heated Pool, Library, Child Play Area, Pool, Private Beach Pavilion, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 24-52-05-050-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2555

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 23411

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Jun 25, 2019
Sold by
Palace Inc
Bought by
Teijeiro Mario Orlando and Brea Maria Silvia
Seller's Agent
Cristina Greeven
Coldwell Banker Realty
Buyer's Agent
Gustavo Gambino
Gambino Real Estate Corp.
List Price
$1,749,000
Sold Price
$1,600,000
Premium/Discount to List
-$149,000
-8.52%
Current Estimated Value
$2,884,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,284,802
Avg. Annual Appreciation
10.35%

Purchase Details

Closed on
Jun 14, 2002
Sold by
Ultra Blue Inc C
Bought by
Palace Inc

Purchase Details

Closed on
Dec 24, 1996
Sold by
Key Biscayne Ocean Club Ltd and Partnership
Bought by
Ultra Blue Inc
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
Teijeiro Mario Orlando $1,600,000 Attorney
Palace Inc $770,000 --
Ultra Blue Inc $585,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $1,600,000 -5.6% $573 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
04/17/2019 04/17/19 Price Changed $1,695,000 -3.1% $608 / Sq Ft
01/18/2019 01/18/19 For Sale $1,749,000 -- $627 / 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 $21,828 $1,462,957 -- --
2024 $21,517 $1,421,727 -- --
2023 $21,517 $1,380,318 $0 $0
2022 $20,869 $1,340,115 $0 $0
2021 $21,205 $1,276,300 $0 $0
2020 $21,724 $1,315,800 $0 $0
2019 $24,198 $1,462,000 $0 $0
2018 $23,411 $1,461,763 $0 $0
2017 $31,059 $1,825,263 $0 $0
2016 $28,935 $1,659,330 $0 $0
2015 $28,198 $1,508,482 $0 $0
2014 $24,213 $1,371,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10603184

MIAMI REALTORS® MLS

APN: 24-5205-050-0150