$1,650,000
SOLD JUN 27, 2018
3 Beds
3 Baths
2,470 Sq Ft
$812/mo HOA Fee

Recently Sold

$668 Per Sq Ft

5% Below List Price

238 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Tennis Courts
  • Key Biscayne K-8 Center Rated A-
  • Wood Flooring
  • 4-minute walk to Lake Park

About This Home

As of October 2024

Visit today this elegant and inviting Lake Villa apartment with open views. It is the best value at the Ocean Club and offers a desirable open split plan layout with 3 bedrooms, spacious eat-in kitchen and a large terrace that overlooks the lake, fountain and tropical landscape. Be a part of the Ocean Club, a luxurious resort lifestyle with world-class amenities including the Beach Club, Tennis Club, restaurants, pools, spa and more.

Last Agent to Sell the Property

Claudine Coto

One Sotheby's International Realty License #3223767 Listed on: 09/19/2017

One Sotheby's International Realty

Last Buyer's Agent

Carlos Coto

One Sotheby's International Realty License #0165407

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,295

Year Built

  • Built in 1998

Lot Details

  • Lake Front
  • North Facing Home

HOA Fees

  • $812 Monthly HOA Fees

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
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-057-0360

Community Details

Overview

  • Mid-Rise Condominium
  • Lake Villa Iii Condos
  • Ocean Club Subdivision
  • 6-Story Property

Recreation

  • Tennis Courts
  • Fitness Center

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $1,178

Security

  • Security Service
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,295

Year Built

Built in 1998

Lot Details

0

HOA Fees

$812 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Directions: From Crandon Blvd., enter through Ocean Club South Gate and make a left on Lake Drive. Lake Villa III is the first complex on the left.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • 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: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 2470
  • Possible Use: Primary
  • Stories: 6
  • Window Features: Sliding
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Other
  • Master Bathroom Features: Dual Sinks

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Lake Villa III
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Phone Entry, Security Patrol

Condo/Co-op/Association

  • Association Fee: 812
  • Amenities: Exercise Room, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-057-0360
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 1178

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 24295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Oct 17, 2024
Sold by
747 Giraffe Llc
Bought by
Christian T Daes Revocable Trust and Daes
Seller's Agent
Carlos Coto
One Sotheby's International Realty
Buyer's Agent
Diana Quintero
Related ISG Realty, LLC.
List Price
$2,475,000
Sold Price
$2,350,000
Premium/Discount to List
-$125,000
-5.05%
Views
7
Current Estimated Value
$2,419,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,135
Avg. Annual Appreciation
3.84%
Original Mortgage
$1,200,000
Outstanding Balance
$1,169,969
Interest Rate
5.71%
Mortgage Type
New Conventional
Estimated Equity
$1,249,166

Purchase Details

Listed on
Sep 19, 2017
Closed on
Jul 2, 2018
Sold by
Diamond Brian and Diamond Lauren
Bought by
747 Giraffe Llc
Seller's Agent
Claudine Coto
One Sotheby's International Realty
Buyer's Agent
Carlos Coto
One Sotheby's International Realty
List Price
$1,745,000
Sold Price
$1,650,000
Premium/Discount to List
-$95,000
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2006
Sold by
Llosa Luis and Llosa Roxana Valdivieso
Bought by
Diamond Brian and Diamond Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 11, 1998
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Llosa Luis and Llosa Roxana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.84%
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 $2,350,000 None Listed On Document
Warranty Deed $1,650,000 Attorney
Warranty Deed $1,500,000 Attorney
Deed $540,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $500,000 Unknown
Previous Owner $430,000 New Conventional
Previous Owner $432,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $2,350,000 -5.1% $951 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $2,475,000 0.0% $1,002 / Sq Ft
08/01/2019 08/01/19 Rented $7,200 -4.0% --
07/09/2019 07/09/19 Under Contract -- -- --
06/26/2019 06/26/19 Price Changed $7,500 -5.1% $3 / Sq Ft
06/25/2019 06/25/19 Price Changed $7,900 -1.3% $3 / Sq Ft
04/29/2019 04/29/19 For Rent $8,000 0.0% --
06/27/2018 06/27/18 Sold $1,650,000 0.0% $668 / Sq Ft
05/31/2018 05/31/18 Off Market $1,650,000 -- --
05/15/2018 05/15/18 Pending -- -- --
01/16/2018 01/16/18 Price Changed $1,695,000 -2.9% $686 / Sq Ft
09/19/2017 09/19/17 For Sale $1,745,000 -- $706 / 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 $27,977 $1,853,251 -- --
2024 $25,745 $1,619,887 -- --
2023 $25,745 $1,472,625 $0 $0
2022 $21,477 $1,338,750 $0 $0
2021 $21,184 $1,275,000 $0 $0
2020 $21,051 $1,275,000 $0 $0
2019 $21,103 $1,275,000 $0 $0
2018 $20,834 $1,300,859 $0 $0
2017 $21,740 $1,345,784 $0 $0
2016 $25,308 $1,488,562 $0 $0
2015 $24,270 $1,353,239 $0 $0
2014 $21,275 $1,230,218 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10342189

MIAMI REALTORS® MLS

APN: 24-5205-057-0360