$4,000,000
SOLD JUN 25, 2024
3 Beds
4.5 Baths
2,500 Sq Ft
$1,359/mo HOA Fee

Recently Sold

$1,600 Per Sq Ft

27% Below List Price

320 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Maid or Guest Quarters
  • Key Biscayne K-8 Center Rated A-
  • Clubhouse
  • 1-minute walk to Beach Park

About This Home

As of June 2024

Luxury living in this exquisite Key Biscayne, Florida condominium with breathtaking "see forever" views stretching across the Atlantic Ocean, Biscayne Bay, and pristine beaches from the 15th floor. This Key Biscayne Tropical Paradise offers a lifestyle enriched by the World-Class Ocean Club , providing exclusive access to beaches, pools, tennis courts, spa, fitness center, playgrounds, and chic beachside bars and restaurants. 24-hour security, valet parking, and a dedicated front desk ensures your peace of mind. This spacious high-floor gem boasts 3 bedrooms, 4.5 baths, grand balconies, elegant marble floors, a private elevator, and panoramic views throughout for an immersive visual experience. Every detail emphasizes refined living at its finest in this tasteful testament to luxury.

Last Agent to Sell the Property

Gigi Nachman

First Realty of Miami,LLC. License #0319045 Listed on: 08/09/2023

Co-Listed By

Sharon-Jo Nachman

MMLS Assoc.-Inactive Member License #3084039

Last Buyer's Agent

Natalia Anda

Coldwell Banker Realty License #3042122

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,872

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $1,359 Monthly HOA Fees

Parking

  • 442 Car Attached Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Drapes & Rods
  • Blinds
  • Formal Dining Room
  • Marble Flooring
  • Intercom Access

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Porch

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-059-0620

Community Details

Overview

  • Club Membership Required
  • High-Rise Condominium
  • *The Ocean Club* Condos
  • Club Tower Three Condo,The Ocean Club Key B Subdivision
  • 18-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Secure Lobby
  • Elevator

Recreation

  • Community Playground
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $6,813

Security

  • Security Service
  • Secure Elevator
  • Complete Accordion Shutters
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,872

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,359 per month

Parking

442

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: FREM01
  • Co List Office Phone: 305-490-0224
  • Directions: From US Highway 1, enter Rickenbacker Causeway (Toll booth). Continue on the causeway for approximately 6.7 miles(becomes) Crandon Blvd. Turn left at the traffic light at E. Wood Drive at the entrance to The Ocean Club. Guard will direct you to property
  • Entry Level: 15
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Restricted Salt Water Access, Beach
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CLUB TOWER THREE CONDO,The Ocean Club Key B
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Custom Mirrors, Elevator, Other, Pantry, Walk-In Closet(s), Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2500
  • Other Equipment: Elevator, Intercom
  • Possible Use: Primary
  • Stories: 18
  • Window Features: Clear Impact Glass, Complete Accordian Shutters, Hurricane Shutters, Blinds, Drapes, High Impact Windows
  • Bedroom Features: Other
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: *THE Ocean Club*
  • Covered Parking Spaces: 442
  • Garage Spaces: 442
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 4078
  • Amenities: Bike/Jog Path, Child Play Area, Clubhouse-Clubroom, Elevator(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-059-0620
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 6813

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 32872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Jun 25, 2024
Sold by
Corporacion Madeira Sa
Bought by
Lof Holdings Llc
Seller's Agent
Gigi Nachman
First Realty of Miami,LLC.
Buyer's Agent
Natalia Anda
Coldwell Banker Realty
List Price
$5,500,000
Sold Price
$4,000,000
Premium/Discount to List
-$1,500,000
-27.27%
Total Days on Market
320
Views
61
Current Estimated Value
$3,925,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,685
Avg. Annual Appreciation
-2.25%

Purchase Details

Closed on
Nov 22, 2000
Sold by
Barrios Licelott M and Barrios Juan A
Bought by
Corporacion Madeira Sa

Purchase Details

Closed on
Oct 12, 1999
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Debarrsios Licelott M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
7.79%
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 $4,000,000 None Listed On Document
Warranty Deed $1,060,000 --
Deed $830,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $664,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $4,000,000 -19.9% $1,600 / Sq Ft
12/29/2023 12/29/23 Price Changed $4,995,000 -9.2% $1,998 / Sq Ft
08/09/2023 08/09/23 For Sale $5,500,000 -- $2,200 / 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 $36,146 $2,358,043 -- --
2023 $36,146 $2,195,182 $0 $0
2022 $32,872 $1,995,620 $0 $0
2021 $30,057 $1,814,200 $0 $0
2020 $29,954 $1,814,240 $0 $0
2019 $32,639 $1,972,000 $0 $0
2018 $32,901 $2,054,352 $0 $0
2017 $36,902 $2,185,218 $0 $0
2016 $36,195 $1,986,562 $0 $0
2015 $35,374 $1,805,966 $0 $0
2014 $32,244 $1,641,788 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11431154

MIAMI REALTORS® MLS

APN: 24-5205-059-0620