$1,500,000
SOLD JUL 12, 2019
3 Beds
3 Baths
2,602 Sq Ft
$2,457/mo HOA Fee

Recently Sold

$576 Per Sq Ft

11% Below List Price

355 Days on Market

Highlights

  • Property has ocean access
  • Bar or Lounge
  • Newly Remodeled
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 1-minute walk to Beach Park

About This Home

As of June 2024

Elegant & spacious 3/3 unit lake view. Private elevator, foyer entry, formal living and dining rooms. Two oversized terraces, allow natural light to fill all inside spaces. Spacious laundry room and gorgeous bathrooms. Two assigned garage spaces. Building amenities include 24-hour concierge service, valet parking, resort-style pools, beach access, tennis courts, restaurants, spa, fitness center, beauty salon, and children’s playground.

Last Agent to Sell the Property

Soledad Carreiro

Urdapilleta Real Estate, LLC License #3252845 Listed on: 07/18/2018

Last Buyer's Agent

Claudine Coto

One Sotheby's International Realty License #3223767

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,355

Year Built

  • Built in 2002 | Newly Remodeled

HOA Fees

  • $2,457 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,602 Sq Ft Home
  • Entrance Foyer
  • Marble Flooring
  • Garden Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

  • Keybiscayne Elementary School
  • Kennedy; J.F. Middle School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Waterfront
  • East of U.S. Route 1

Listing and Financial Details

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

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • Lake Tower Condos
  • Ocean Club,Lake Tower Subdivision
  • 7-Story Property

Amenities

  • Clubhouse
  • Business Center
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,355

Year Built

Built in 2002 | Newly Remodeled

Lot Details

0

HOA Fees

$2,457 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN CLUB,LAKE TOWER
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2602
  • Possible Use: Unknown/Withheld
  • Stories: 7
  • Bedroom Features: Entry Level

Exterior Features

  • View: Garden View, Other View
  • Exterior Features: East Of Us1, Open Balcony, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: LAKE TOWER
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2457
  • Amenities: Bar, Business Center, Clubhouse-Clubroom, Exercise Room, Child Play Area, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy
  • Middle Or Junior School: Kennedy; J.F.

Lot Info

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

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2457

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 22355

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%
Views
35
Current Estimated Value
$2,587,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,218
Avg. Annual Appreciation
6.46%
Original Mortgage
$1,932,000
Outstanding Balance
$1,912,488
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$674,730

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
2025 $28,260 $1,899,712 -- --
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: A10506135

MIAMI REALTORS® MLS

APN: 24-5205-068-0570