NOT LISTED FOR SALE

Estimated Value: $3,514,000 - $3,860,000

3 Beds
5 Baths
2,790 Sq Ft
$595/mo HOA Fee

Last Sold September 20, 2016

Last sale price $2,900,000 $1,039 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $23,203/month

34 Days on Market

Highlights

  • Ocean Front
  • Community Cabanas
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Bar or Lounge
  • Clubhouse

About This Home

As of September 2016

Completely updated and tastefully remodeled 9th floor corner apartment with 2765 SQFT under air plus two spacious terraces. A fourth bedroom could be added, Superb views of ocean, Bay and downtown. Some furnishing available, Cabana for sale separately parking set up for electrical charging. Easy to Show.

Last Agent to Sell the Property

Christopher Blackman

Brown Harris Stevens License #0165365 Listed on: 08/04/2016

Brown Harris Stevens

Last Buyer's Agent

Rolando Moreno

Sharpline Realty, Inc. License #3229205

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,045

Year Built

  • Built in 1998

HOA Fees

  • $595 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,790 Sq Ft Home
  • Sliding Windows
  • Open Floorplan
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Home Security

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Property has ocean access
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-055-0080

Community Details

Overview

  • Club Membership Required
  • High-Rise Condominium
  • The Ocean Club Condos
  • 18-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Bar or Lounge
  • Bike Room

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Cabanas

Pet Policy

  • Pets Allowed

Building Details

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,045

Year Built

Built in 1998

Lot Details

0

HOA Fees

$595 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave
  • Interior Amenities: Elevator, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Total Bedrooms: 3
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 2790
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 18
  • Window Features: Sliding
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Family/Dining Combination

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Tennis Court(s)
  • Construction Type: CBS Construction
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: The Ocean Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, 2 Or More Spaces, Assigned

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1784
  • Amenities: Bar, Basketball Court, Bike Storage, Cabana, Clubhouse-Clubroom, Exercise Room, Child Play Area, Private Pool, Sauna, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 24-52-05-055-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 1784

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 19045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2016
Sold by
Azcarraga Jose Carlos
Bought by
Sycamexit Llc
Current Estimated Value
$3,666,178

Purchase Details

Listed on
Aug 4, 2016
Closed on
Sep 20, 2016
Sold by
Drysdale Cliff and Drysdale Dianna C
Bought by
Azearraga Jose Carlos
Seller's Agent
Christopher Blackman
Brown Harris Stevens
Buyer's Agent
Rolando Moreno
Sharpline Realty, Inc.
List Price
$3,250,000
Sold Price
$2,900,000
Premium/Discount to List
-$350,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$2,175,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2003
Sold by
Maceiras Leonardo P and Maceiras Maria A
Bought by
Drysdale Cliff

Purchase Details

Closed on
Mar 24, 1998
Sold by
Key Biscayne Ocean Club Ltd Partner-
Bought by
Maceiras Leonardo P and Maceiras Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Source: Public Records

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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
Sycamexit Llc -- Attorney
Azearraga Jose Carlos $2,900,000 Attorney
Drysdale Cliff $970,000 --
Maceiras Leonardo P $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azearraga Jose Carlos $2,175,000
Previous Owner Maceiras Leonardo P $616,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $2,900,000 -10.8% $1,039 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $3,250,000 -- $1,165 / 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 $37,827 $2,189,095 -- --
2023 $37,827 $1,990,087 $0 $0
2022 $31,662 $1,809,170 $0 $0
2021 $27,267 $1,644,700 $0 $0
2020 $30,858 $1,869,000 $0 $0
2019 $30,935 $1,869,000 $0 $0
2018 $32,460 $2,026,815 $0 $0
2017 $33,483 $2,072,727 $0 $0
2016 $18,766 $1,173,794 $0 $0
2015 $19,045 $1,165,635 $0 $0
2014 $19,333 $1,156,384 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10126660

MIAMI REALTORS® MLS

APN: 24-5205-055-0080