NOT LISTED FOR SALE

Estimated Value: $3,728,499

3 Beds
4 Baths
2,500 Sq Ft
$1,508/mo HOA Fee

Last Sold May 01, 2015

Last sale price $2,800,000 $1,120 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $24,388/month

102 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Heated Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • Community Basketball Court

About This Home

As of May 2015

HIGH FLOOR, 3 BEDROOM, 4 BATH UNIT WITH TOTALLY UNOBSTRUCTED OCEAN, BAY, SUNSET,LAKE , ISLAND AND MIAMI SKYLINE VIEWS! INTERIOR FINISHED WITH MARBLE FLOORS THROUGHOUT THE ENTERTAINMENT AREAS, CUSTOM LIGHTING, SNAIDERO KITCHEN AND MUCH MORE! TWO TERRACES, PRIME LOCATION, TWO PARKING SPACES!

Last Agent to Sell the Property

Douglas Kinsley

Fortune Christie's International Real Estate License #0372853 Listed on: 10/17/2014

Fortune Christie's International Real Estate

Co-Listed By

Cristian Black

BHHS EWM Realty License #0669932

BHHS EWM Realty

Last Buyer's Agent

Cristian Black

BHHS EWM Realty License #0669932

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,703

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,508 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 11th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Covered Parking
  • Secured Garage or Parking
  • Assigned Parking

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-055-0560

Community Details

Overview

  • High-Rise Condominium
  • Club Tower II Condos
  • The Ocean Club Subdivision
  • 20-Story Property

Amenities

  • Trash Chute
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Community Basketball Court
  • Community Playground

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,703

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,508 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 11
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE OCEAN CLUB
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: Elevator, Entrance Foyer, Other, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 2500
  • Possible Use: Unknown/Withheld
  • Stories: 20
  • Window Features: Hurricane Shutters
  • Bedroom Features: Other
  • Dining Room Features: Formal Dining

Exterior Features

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

Garage/Parking

  • Park Building Name: CLUB TOWER II
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 1508
  • Amenities: Basketball Court, Community Room, Elevator(s), Exercise Room, Heated Pool, Other, Child Play Area, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-055-0560
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1508

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 29703

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Apr 29, 2015
Sold by
Abrams Stephen A and Abrams Sheri R
Bought by
Kalagua Llc
Seller's Agent
Douglas Kinsley
Fortune Christie's International Real Estate
Buyer's Agent
Cristian Black
BHHS EWM Realty
List Price
$3,095,000
Sold Price
$2,800,000
Premium/Discount to List
-$295,000
-9.53%
Current Estimated Value
$3,728,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$928,499
Avg. Annual Appreciation
2.78%
Original Mortgage
$1,820,000
Outstanding Balance
$1,382,471
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,346,028

Purchase Details

Closed on
Feb 18, 2005
Sold by
Pollio Joseph L
Bought by
Abrams Stephen A and Abrams Sheri R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1999
Sold by
Pollio Joseph and Pollio Ruth
Bought by
Pollio Joseph

Purchase Details

Closed on
Apr 3, 1998
Sold by
Cava Richard
Bought by
Pollio Joseph and Pollio Ruth
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 Buyer Sale Price Title Company
Kalagua Llc $2,800,000 None Available
Abrams Stephen A $1,500,000 --
Pollio Joseph -- --
Pollio Joseph $854,000 --
Cava Richard $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalagua Llc $1,820,000
Previous Owner Abrams Stephen A $975,000
Closed Abrams Stephen A $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $2,800,000 -6.6% $1,120 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
01/23/2015 01/23/15 Price Changed $2,999,000 -3.1% $1,200 / Sq Ft
10/17/2014 10/17/14 For Sale $3,095,000 -- $1,238 / 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 $37,346 $2,396,438 -- --
2024 $34,960 $2,178,580 -- --
2023 $34,960 $1,980,528 $0 $0
2022 $31,511 $1,800,480 $0 $0
2021 $27,137 $1,636,800 $0 $0
2020 $30,709 $1,860,000 $0 $0
2019 $30,786 $1,860,000 $0 $0
2018 $33,765 $2,108,298 $0 $0
2017 $37,019 $2,291,628 $0 $0
2016 $36,790 $2,224,882 $0 $0
2015 $31,915 $1,850,555 $0 $0
2014 -- $1,682,323 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2021311

MIAMI REALTORS® MLS

APN: 24-5205-055-0560