$2,415,000
SOLD JUN 26, 2024
3 Beds
3 Baths
2,602 Sq Ft
$1,462/mo HOA Fee

Recently Sold

$928 Per Sq Ft

7% Below List Price

54 Days on Market

Highlights

  • Valet Parking
  • Lake Front
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 1-minute walk to Beach Park

About This Home

As of June 2024

The best priced three-bedroom unit at the Ocean Club , Located just steps from the beach, the residence is spacious and inviting, featuring marble floors throughout, two large terraces and an attractive view of the lake & tropical landscape. Ocean Club’s Lake Tower is a boutique full-service building with added convenience including: private elevator foyer, 24h concierge, on-site manager, valet parking, two designated parking spaces, and secured bike & storage rooms under AC. The Ocean Club offers resort-style family living with a private & newly remodeled Beach Club, poolside restaurants, fitness center, spa & beauty salon, Tennis Club, Youth Center, children’s playground & more!

Last Agent to Sell the Property

Claudine Coto

One Sotheby's International Realty License #3223767 Listed on: 04/17/2024

One Sotheby's International Realty

Last Buyer's Agent

Jacqueline Gallardo

One Sotheby's International Realty License #3165123

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,043

Year Built

  • Built in 2002

Lot Details

  • Lake Front
  • Northeast Facing Home

HOA Fees

  • $1,462 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,602 Sq Ft Home
  • Built-In Features
  • Blinds
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-068-0570

Community Details

Overview

  • 76 Units
  • Club Membership Required
  • High-Rise Condominium
  • The Ocean Club Condos
  • Lake Tower Condo Subdivision
  • 16-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $3,299

Security

  • Security Guard
  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,043

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,462 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 3
  • 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 Tower Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Washer
  • Interior Amenities: Built-in Features, Elevator, Maid/In-Law Quarters
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2602
  • Possible Use: Unknown/Withheld
  • Stories: 16
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: Maid/In-Law Quarters
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View, Lake
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • 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: 2 Or More Spaces, Guest, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1462
  • Amenities: Barbecue, Child Play Area, Clubhouse-Clubroom, Community Room, Exercise Room, Other, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-068-0570
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3299
  • Number Of Units In Community: 76

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 24043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 27, 2024
Sold by
Tarajano Alberto and Tarajano Meredith
Bought by
Olavide Francisco Servio
Seller's Agent
Claudine Coto
One Sotheby's International Realty
Buyer's Agent
Jacqueline Gallardo
One Sotheby's International Realty
List Price
$2,595,000
Sold Price
$2,415,000
Premium/Discount to List
-$180,000
-6.94%
Total Days on Market
54
Views
35
Current Estimated Value
$2,573,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,295
Avg. Annual Appreciation
6.91%
Original Mortgage
$1,932,000
Outstanding Balance
$1,917,495
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$655,800

Purchase Details

Listed on
Jul 18, 2018
Closed on
Jul 9, 2019
Sold by
Bunge Marcos and Carreiro Soledad
Bought by
Tarajano Alberto and Tarajano Meredith
Seller's Agent
Soledad Carreiro
Urdapilleta Real Estate, LLC
Buyer's Agent
Claudine Coto
One Sotheby's International Realty
List Price
$1,680,000
Sold Price
$1,500,000
Premium/Discount to List
-$180,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$1,125,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2013
Closed on
Apr 16, 2013
Sold by
Aboy Gabriel and Aboy Ana M
Bought by
Bunge Marcos and Carreiro Soledad
Seller's Agent
Carlos Coto
One Sotheby's International Realty
Buyer's Agent
Carlos Coto
One Sotheby's International Realty
List Price
$1,595,000
Sold Price
$1,525,000
Premium/Discount to List
-$70,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.26%
Original Mortgage
$1,143,750
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2005
Sold by
Farina Consultants Ltd
Bought by
Aboy Gabriel and Aboy Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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 $2,415,000 Marina Title
Warranty Deed $1,500,000 Attorney
Warranty Deed $1,525,000 Attorney
Warranty Deed $1,375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,932,000 New Conventional
Previous Owner $1,125,000 New Conventional
Previous Owner $1,143,750 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Credit Line Revolving
Previous Owner $962,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $2,415,000 -6.9% $928 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $2,595,000 0.0% $997 / Sq Ft
12/31/2022 12/31/22 Off Market $12,500 -- --
12/15/2022 12/15/22 Rented $14,000 +12.0% --
07/25/2022 07/25/22 Price Changed $12,500 -10.7% $5 / Sq Ft
06/29/2022 06/29/22 For Rent $14,000 +47.4% --
07/15/2021 07/15/21 For Rent $9,500 -9.5% --
06/01/2021 06/01/21 Rented $10,500 +10.5% --
04/20/2021 04/20/21 Off Market $9,500 -- --
12/21/2020 12/21/20 For Rent $9,500 0.0% --
07/12/2019 07/12/19 Sold $1,500,000 -10.7% $576 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $1,680,000 0.0% $646 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $1,680,000 -3.7% $646 / Sq Ft
03/06/2019 03/06/19 Price Changed $1,745,000 -3.1% $671 / Sq Ft
09/07/2018 09/07/18 Price Changed $1,800,000 -3.7% $692 / Sq Ft
07/18/2018 07/18/18 For Sale $1,870,000 +22.6% $719 / Sq Ft
04/16/2013 04/16/13 Sold $1,525,000 -4.4% $586 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $1,595,000 -- $613 / 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 $24,043 $1,613,571 -- --
2023 $24,043 $1,466,883 $0 $0
2022 $21,793 $1,333,530 $0 $0
2021 $20,152 $1,212,300 $0 $0
2020 $20,015 $1,212,300 $0 $0
2019 $22,093 $1,374,000 $0 $0
2018 $22,636 $1,452,903 $0 $0
2017 $22,355 $1,423,020 $0 $0
2016 $22,403 $1,393,752 $0 $0
2015 $22,736 $1,384,064 $0 $0
2014 $23,080 $1,373,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11570661

MIAMI REALTORS® MLS

APN: 24-5205-068-0570