NOT LISTED FOR SALE

Estimated Value: $2,714,077 - $3,155,000

3 Beds
3 Baths
2,100 Sq Ft
$1,462/mo HOA Fee

Last Sold May 14, 2024

Last sale price $3,000,000 $1,429 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $19,793/month

55 Days on Market

Highlights

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

About This Home

As of May 2024

This flow-through unit offers beautiful SUNRISES and breathtaking SUNSETS everyday from its two expansive balconies! This fully remodeled 3-bedroom, 3-bath residence features convenient Murphy bed in the living room. The heart of this home is its stylish kitchen, equipped with Subzero and Bosch appliances, complemented by all-electric blinds. Experience the ultimate in oceanfront living with resort-style pools, a tennis club, restaurants, a kids' play area, attended lobby and full security. Walk to new paddle and tennis courts, and enjoy the convenience of valet and supercharges for electric vehicles. Embrace the epitome of the luxurious lifestyle!

Last Agent to Sell the Property

Mariana Niro

Serhant License #3125959 Listed on: 01/31/2024

Serhant

Last Buyer's Agent

Nancy Batchelor

Compass Florida, LLC. License #0416207

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,474

Year Built

  • Built in 1999

HOA Fees

  • $1,462 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Deeded Parking

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Shower Only

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Waterfront
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-059-0720

Community Details

Overview

  • 94 Units
  • Club Membership Required
  • High-Rise Condominium
  • The Ocean Club Condos
  • Club Tower Three Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 18-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Bar or Lounge
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $6,704

Security

  • Security Guard
  • Complex Is Fenced
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,474

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,462 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CLUB TOWER THREE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Other, Storage
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 2100
  • Possible Use: Investment
  • Stories: 18
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • View: Bay, Garden View, Direct Ocean, Pool Area View, Skyline, Tennis Court View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Ocean Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Deeded, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 4386
  • Amenities: Bar, Bike Storage, Elevator(s), Exercise Room, Storage, Other, Private Pool, Sauna, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-059-0720
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 6704
  • Number Of Units In Community: 94
  • Number Of Units Total: 94

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 26474

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
May 14, 2024
Sold by
Melo Passos Fabio and Baisey Brittney
Bought by
Ramos Daniela Rita
Seller's Agent
Mariana Niro
Serhant
Buyer's Agent
Nancy Batchelor
Compass Florida, LLC.
List Price
$3,190,000
Sold Price
$3,000,000
Premium/Discount to List
-$190,000
-5.96%
Views
20
Current Estimated Value
$2,894,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,481
Avg. Annual Appreciation
-1.47%

Purchase Details

Listed on
Aug 31, 2021
Closed on
Nov 22, 2021
Sold by
Isabel Cabrera and Isabel Maria
Bought by
Passos Fabio Melo and Passos Brittney Baisey
Seller's Agent
Daniel Gaviria
Great Properties International LLC
Buyer's Agent
Maria Beatriz Pares
London Foster Realty
List Price
$2,395,000
Sold Price
$2,425,000
Premium/Discount to List
$30,000
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$1,993,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2014
Closed on
Jan 16, 2015
Sold by
Abrams Florida Holdings Inc
Bought by
Cabrera Humberto and Valencia Maria Isabel
Seller's Agent
Monica Slodarz
Compass Florida, LLC.
Buyer's Agent
Norka Babino de Martinez
Capital Intl Realty LLC
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$1,499,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2008
Sold by
Hwang Winona
Bought by
Abrams Florida Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 25, 2000
Sold by
Gabay Jack L
Bought by
Hwang Winona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,600
Interest Rate
8.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 1999
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Gabay Jack L
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 Buyer Sale Price Title Company
Ramos Daniela Rita $3,000,000 Worldwide Title & Real Estate
Passos Fabio Melo $2,425,000 Melissa P Lanza Pa
Cabrera Humberto $2,000,000 Perland Title & Escrow Svcs
Abrams Florida Holdings Inc $1,400,000 Attorney
Hwang Winona $624,500 --
Gabay Jack L $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Passos Fabio Melo $1,993,000
Previous Owner Cabrera Humberto $200,000
Previous Owner Cabrera Humberto $992,000
Previous Owner Cabrera Humberto $1,499,000
Previous Owner Abrams Florida Holdings Inc $840,000
Previous Owner Gabay Jack L $200,000
Previous Owner Gabay Jack L $593,000
Previous Owner Gabay Jack L $499,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $3,000,000 -6.0% $1,429 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $3,190,000 +31.5% $1,519 / Sq Ft
11/23/2021 11/23/21 Sold $2,425,000 +1.3% $1,155 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $2,395,000 +19.8% $1,140 / Sq Ft
01/23/2015 01/23/15 Sold $2,000,000 0.0% $952 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
11/04/2014 11/04/14 Price Changed $2,000,000 -9.1% $952 / Sq Ft
09/30/2014 09/30/14 For Sale $2,200,000 -- $1,048 / 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 $26,474 $1,777,368 -- --
2023 $26,474 $1,624,057 $0 $0
2022 $23,665 $1,476,416 $0 $0
2021 $20,145 $1,251,200 $0 $0
2020 $20,010 $1,251,200 $0 $0
2019 $21,861 $1,360,000 $0 $0
2018 $21,867 $1,404,846 $0 $0
2017 $22,903 $1,417,779 $0 $0
2016 $26,049 $1,575,310 $0 $0
2015 $24,651 $1,458,620 $0 $0
2014 $24,864 $1,419,898 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11524528

MIAMI REALTORS® MLS

APN: 24-5205-059-0720