$2,400,000
SOLD MAR 31, 2025
3 Beds
3 Baths
2,470 Sq Ft
$1,360/mo HOA Fee

Recently Sold

$972 Per Sq Ft

11% Below List Price

406 Days on Market

Highlights

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

About This Home

As of March 2025

Enjoy luxury living in this stunning 3 Bedroom Lake Villa residence at The Ocean Club, Key Biscayne, offering a perfect blend of elegance and comfort. The private elevator opens into a gracious foyer, leading to lake views, abundant natural light, and spacious interiors. With large walk-in closets, ample storage, and two open balconies, this larger Lake Villa model (2,470 SF) feels more like a house than a condo. The oversized balcony is an extension of the living space and perfect for kids' play & entertaining. Enjoy the added bonus of residing in The Ocean Club, featuring a private Beach Club, beachside restaurants, fitness center, spa & beauty salon, Tennis club, and more! Immediate availability & easy to show – seize the opportunity to make this your dream home!

Last Agent to Sell the Property

Claudine Coto

One Sotheby's International Realty License #3223767 Listed on: 11/30/2023

One Sotheby's International Realty

Last Buyer's Agent

Grehyni Narvaez

Avanti Way Realty LLC License #3256408

Avanti Way Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,318

Year Built

  • Built in 1996

Lot Details

  • East Facing Home

HOA Fees

  • $1,360 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Interior Spaces

  • 2,470 Sq Ft Home
  • Entrance Foyer
  • Marble Flooring
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-050-0040

Community Details

Overview

  • 36 Units
  • Club Membership Required
  • Mid-Rise Condominium
  • The Ocean Club Condos
  • Lake Villa Two Subdivision
  • 7-Story Property

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Additional Features

  • Intercom to Front Desk
  • Maintenance Expense $1,653
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,318

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,360 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Directions: Once you arrive on Key Biscayne, drive south on Crandon Blvd and turn left (east) on the corner of Crandon Blvd & West Mashta Drive (the 2nd or South Ocean Club security gate). After the gate, make an immediate left turn towards the Lake Villas.
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LAKE VILLA TWO
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Entrance Foyer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2470
  • Possible Use: Primary
  • Stories: 7
  • Bedroom Features: Other
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Lake
  • Exterior Features: Other
  • Construction Type: Other
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Ocean Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Guard At Site, Intercom In Lobby, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1360
  • Amenities: Exercise Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-050-0040

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1653
  • Number Of Units In Community: 36

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 24318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Mar 27, 2025
Sold by
Niman Harold and Niman-Wowk Family Trust
Bought by
Balough Daniel Alexander and Cerrillo Paula
Seller's Agent
Claudine Coto
One Sotheby's International Realty
Buyer's Agent
Grehyni Narvaez
Avanti Way Realty LLC
List Price
$2,695,000
Sold Price
$2,400,000
Premium/Discount to List
-$295,000
-10.95%
Total Days on Market
406
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.60%

Purchase Details

Closed on
May 7, 2021
Sold by
Niman Harold
Bought by
Niman-Wowk Family Trust

Purchase Details

Closed on
Apr 3, 2019
Sold by
Niman Harold and Wowk Susan
Bought by
Niman Harold

Purchase Details

Closed on
Mar 22, 2016
Sold by
Gelgoot Daryl
Bought by
Niman Harold and Wowk Susan

Purchase Details

Closed on
Jan 27, 2015
Sold by
Zemans Deborah
Bought by
Gelgoot Daryl

Purchase Details

Closed on
Jan 27, 2014
Sold by
Niman Harold
Bought by
Gelgoot Daryl

Purchase Details

Closed on
Apr 30, 2010
Sold by
Elder John L and Elder Betty J
Bought by
Niman Harold and Wowk Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,500
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 1999
Sold by
Garcia Carlos and Garcia Elizabeth M
Bought by
Elder John L and Elder Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 26, 1996
Sold by
Key Biscayne Ocean Club Limited
Bought by
Garcia Carlos and Garcia Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.57%
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
Deed $2,400,000 None Listed On Document
Deed $2,400,000 None Listed On Document
Warranty Deed $1,143,900 None Listed On Document
Warranty Deed $628,000 Attorney
Warranty Deed -- Attorney
Quit Claim Deed -- Attorney
Deed $100 --
Warranty Deed $1,150,000 Attorney
Warranty Deed $595,000 --
Deed $490,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $747,500 New Conventional
Previous Owner $810,000 Unknown
Previous Owner $617,000 Unknown
Previous Owner $460,000 Credit Line Revolving
Previous Owner $392,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $2,400,000 -3.8% $972 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
05/14/2024 05/14/24 Price Changed $2,495,000 -3.9% $1,010 / Sq Ft
02/02/2024 02/02/24 Price Changed $2,595,000 -3.7% $1,051 / Sq Ft
11/30/2023 11/30/23 For Sale $2,695,000 -- $1,091 / 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 $24,319 $1,453,324 -- --
2023 $24,319 $1,321,204 $0 $0
2022 $19,290 $1,201,095 $0 $0
2021 $19,026 $1,143,900 $0 $0
2020 $18,886 $1,143,900 $0 $0
2019 $21,037 $1,271,000 $0 $0
2018 $20,769 $1,296,821 $0 $0
2017 $26,186 $1,621,026 $0 $0
2016 $24,368 $1,473,660 $0 $0
2015 $24,905 $1,473,660 $0 $0
2014 -- $1,147,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11493681

MIAMI REALTORS® MLS

APN: 24-5205-050-0040