NOT LISTED FOR SALE

Estimated Value: $5,960,000 - $9,418,000

4 Beds
3.5 Baths
5,110 Sq Ft
$826/mo HOA Fee

Last Sold April 30, 2018

Last sale price $5,675,000 $1,111 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $50,830/month

89 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Main Floor Primary Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Jettted Tub and Separate Shower in Primary Bathroom

About This Home

As of April 2018

Enjoy the ultimate level of luxury living from this magnificent and stunning penthouse in the prestigious Ocean Club Condominium.This paradise in the sky was completely redone with the highest quality craftsmanship and design.Spoil yourself with breathtaking views of the ocean, bay, and Miami skyline from this unique residence. One of a kind, sophisticated and flow-thru offering 5,100 sq ft under a/c with 4 bedrooms,3.5 bathrooms,open living room,dining room,family room,office,sleek kitchen equipped with high end appliances,custom built-in units, lighting system and amazing large terraces where you can enjoy the gorgeous sunrises and sunsets.Fall in love with the resort life style of the Ocean Club community,beach,pools,tennis,restaurant,gym,spa,children’s playground plus security.

Last Agent to Sell the Property

Brigitte Nachtigall

One Sotheby's International Realty License #0542022 Listed on: 11/16/2017

One Sotheby's International Realty

Co-Listed By

Jorge Boj

One Sotheby's International Realty License #3016066

Last Buyer's Agent

Jacqueline Gallardo

One Sotheby's International Realty License #3165123

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $84,363

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $826 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,110 Sq Ft Home
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Secured Garage or Parking

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Additional Features

  • Property has ocean access
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-055-1000

Community Details

Overview

  • 802 Units
  • High-Rise Condominium
  • Ocean Club Condos
  • Club Tower Two Condo,Ocean Club Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 20-Story Property

Amenities

  • Sauna
  • Bar or Lounge
  • Bike Room

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $3,156

Security

  • Secure Elevator
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$84,363

Year Built

Built in 1998

Lot Details

0

HOA Fees

$826 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: GRTP01
  • Co List Office Phone: 305-365-0711
  • Entry Level: 20
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CLUB TOWER TWO CONDO,OCEAN CLUB
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 5110
  • Possible Use: Secondary
  • Stories: 20
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN CLUB
  • Parking Features: Covered, No Rv/Boats

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Complex Fenced, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 826
  • Amenities: Bar, Bike Storage, Exercise Room, Child Play Area, Pool, Sauna, 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

Lot Info

  • Parcel Number: 24-52-05-055-1000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3156
  • Number Of Units In Community: 802

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 84363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Apr 27, 2018
Sold by
Sussman Bernard and Sussman Phyllis
Bought by
Bapal Key Llc
Seller's Agent
Brigitte Nachtigall
One Sotheby's International Realty
Buyer's Agent
Jacqueline Gallardo
One Sotheby's International Realty
List Price
$5,990,000
Sold Price
$5,675,000
Premium/Discount to List
-$315,000
-5.26%
Current Estimated Value
$7,519,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,844,856
Avg. Annual Appreciation
4.60%
Original Mortgage
$3,000,000
Outstanding Balance
$1,860,630
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$5,967,053

Purchase Details

Closed on
Feb 15, 2007
Sold by
Bowman Michele R
Bought by
Sussman Bernard and Sussman Phyllis

Purchase Details

Closed on
Jun 2, 1998
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Bowman Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.11%
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 Buyer Sale Price Title Company
Bapal Key Llc $56,750 Attorney
Sussman Bernard $47,800 Attorney
Bowman Michele R $2,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bapal Key Llc $3,000,000
Previous Owner Bowman Michele R $800,000
Previous Owner Bowman Michele R $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $5,675,000 -5.3% $1,111 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
11/16/2017 11/16/17 For Sale $5,990,000 -- $1,172 / 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 $97,353 $5,976,190 -- --
2023 $97,353 $5,432,900 $0 $0
2022 $80,464 $4,939,000 $0 $0
2021 $74,088 $4,490,000 $0 $0
2020 $74,131 $4,490,000 $0 $0
2019 $74,316 $4,490,000 $0 $0
2018 $81,709 $5,101,932 $0 $0
2017 $82,418 $5,101,932 $0 $0
2016 $84,363 $5,101,928 $0 $0
2015 $78,384 $4,638,117 $0 $0
2014 $72,918 $4,216,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10373870

MIAMI REALTORS® MLS

APN: 24-5205-055-1000