$2,575,000
SOLD MAR 25, 2025
4 Beds
3 Baths
2,650 Sq Ft
$1,462/mo HOA Fee

Recently Sold

$972 Per Sq Ft

8% Below List Price

259 Days on Market

Highlights

  • Lake Front
  • Bar or Lounge
  • Intercom to Front Desk
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 4-minute walk to Lake Park

About This Home

As of March 2025

Great Apartment with 4 bedrooms plus Service/laundry room and 3 bathrooms, Rare to find in the Ocean Club, great space to live for a big family, the condo has plenty of luxurious amenities for all to enjoy: Tennis and Paddle outs, olympic poo, gym, salon and spa, playground,playroom for kids, beach club 2 restaurants, sauna and more. Also for Rent MLS #: A11618376
F&B Yearly $3,000.

Last Agent to Sell the Property

Gloria Ibarra

Realty Progress LLC License #3329662 Listed on: 07/07/2024

Last Buyer's Agent

Natalia Salgado

DLS International Realty License #3271579

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,344

Year Built

  • Built in 1998

HOA Fees

  • $1,462 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,650 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Storage Room
  • Ceramic Tile Flooring
  • Lake Views
  • Intercom Access

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-057-0480

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • The Ocean Club Condos
  • Lake Villa Three Condo Subdivision
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Community Center
  • Party Room
  • Bar or Lounge
  • Intercom to Front Desk
  • Lobby
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,143

Security

  • Card or Code Access
  • Secure Elevator
  • Complex Is Fenced
  • Complete Panel Shutters or Awnings
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,344

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,462 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Ownership: Sole Proprietor
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LAKE VILLA THREE CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers, Walk-In Closet(s), Family Room, Maid/In-Law Quarters, Storage
  • Accessibility Features: Accessible
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2650
  • Other Equipment: Automatic Garage Door Opener, Elevator, Intercom
  • Possible Use: Primary
  • Stories: 6
  • Window Features: Complete Panel Shutters/Awnings, Partial Accordian Shutters, Hurricane Shutters
  • Bedroom Features: Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Family Room, Maid/In-Law Quarters, Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Lake, Other View
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE OCEAN CLUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered, Limited # Of Vehicle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Elevator Secure, Card Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 1462
  • Amenities: Bar, Basketball Court, Bike Storage, Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Storage, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-057-0480
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2143

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 20344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2024
Closed on
Mar 25, 2025
Sold by
Martinez Jesus and Reyna-Martinez Veronica
Bought by
Berge Didrich Andreas and Ariel Dreyer Berge Samanatha
Seller's Agent
Gloria Ibarra
Realty Progress LLC
Buyer's Agent
Natalia Salgado
DLS International Realty
List Price
$2,799,000
Sold Price
$2,575,000
Premium/Discount to List
-$224,000
-8%
Views
48
Current Estimated Value
$2,649,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,405
Avg. Annual Appreciation
5.86%
Original Mortgage
$2,060,000
Outstanding Balance
$2,052,984
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$596,421

Purchase Details

Closed on
Aug 2, 2004
Sold by
Riano Gustavo Tellez and Fandino Lilia Cristina
Bought by
Martinez Jesus and Reyna Martinez Veronica

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
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2003
Sold by
Juarez Jose Luis Fernandez and Moro Maria Jose Clemente
Bought by
Riano Gustavo Tellez and Fandino Lilia Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,500
Interest Rate
4.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 1, 2001
Sold by
German Ramajo M and German Margarita S
Bought by
Juarez Jose L and Juarez Maria J

Purchase Details

Closed on
Jun 13, 2000
Sold by
Biskey Corporation
Bought by
Ramajo German and Piriz Margarita S

Purchase Details

Closed on
Dec 17, 1998
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Biskey Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
6.9%
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 Type Sale Price Title Company
Warranty Deed $2,575,000 None Listed On Document
Warranty Deed $2,575,000 None Listed On Document
Warranty Deed $905,000 --
Warranty Deed $845,000 --
Warranty Deed $715,000 --
Warranty Deed $660,000 --
Deed $595,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,060,000 New Conventional
Closed $2,060,000 New Conventional
Previous Owner $967,250 New Conventional
Previous Owner $790,000 Credit Line Revolving
Previous Owner $650,000 New Conventional
Previous Owner $650,000 New Conventional
Previous Owner $591,500 Balloon
Previous Owner $297,500 New Conventional
Closed $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Sold $2,575,000 -4.6% $972 / Sq Ft
10/18/2024 10/18/24 Price Changed $2,699,000 -3.6% $1,018 / Sq Ft
07/08/2024 07/08/24 For Sale $2,799,000 -- $1,056 / 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 $20,639 $1,385,341 -- --
2024 $20,344 $1,346,299 -- --
2023 $20,344 $1,307,087 $0 $0
2022 $19,739 $1,269,017 $0 $0
2021 $19,829 $1,232,056 $0 $0
2020 $19,413 $1,215,046 $0 $0
2019 $19,010 $1,187,729 $0 $0
2018 $18,035 $1,165,583 $0 $0
2017 $17,809 $1,141,610 $0 $0
2016 $17,845 $1,118,130 $0 $0
2015 $24,314 $1,409,843 $0 $0
2014 $22,165 $1,281,676 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11618404

MIAMI REALTORS® MLS

APN: 24-5205-057-0480