NOT LISTED FOR SALE

Estimated Value: $3,057,527 - $3,349,000

3 Beds
4 Baths
2,500 Sq Ft
$938/mo HOA Fee

Last Sold March 09, 2021

Last sale price $2,075,000 $830 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $21,171/month

187 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Bar or Lounge
  • Sitting Area In Primary Bedroom

About This Home

As of March 2021

Stunning residence for sale in Club Tower One of The Ocean Club in Key Biscayne. This elegant flow-through unit has the best direct view of the Atlantic Ocean, Miami skyline, Biscayne Bay and Bill Baggs Park with its historical lighthouse. The unit offers 3 spacious bedrooms, 4 full bathrooms, extra-large dining and living rooms within 2500 sq.ft of luxury living space. This professionally-designed unit also features custom-built closets, an Italian kitchen with top of the line appliances, Saturnia floors and spacious terraces from which to enjoy spectacular sunrises and sunsets.
Available for sale separately is a 240 sq.ft. furnished studio. Enjoy all of The Ocean Club's amenities, direct beach access, new Beach Club and fitness center.

Last Agent to Sell the Property

Valerie Hummel Leach

BHHS EWM Realty License #3312920 Listed on: 07/22/2020

BHHS EWM Realty

Last Buyer's Agent

Natalia Anda

Coldwell Banker Realty License #3042122

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,566

Year Built

  • Built in 1998

Lot Details

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

HOA Fees

  • $938 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Garden
  • Club Area

Home Design

  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Den
  • Recreation Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-054-0520

Community Details

Overview

  • Club Membership Required
  • High-Rise Condominium
  • Club Tower One Condo
  • Club Tower One Condo Subdivision
  • 16-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Clubhouse
  • Community Center
  • Party Room
  • Community Library
  • Recreation Room
  • Bar or Lounge
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Basketball Court
  • Bike Trail
  • Tennis Courts

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $6,088

Security

  • Security Guard
  • Card or Code Access
  • Complex Is Fenced
  • Complete Accordion Shutters
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,566

Year Built

Built in 1998

Lot Details

0

HOA Fees

$938 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 10
  • Road Frontage Type: Bay
  • 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 ONE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Cooking Island, Fire Sprinklers, Entrance Foyer, Pantry, Den/Library/Office, Family Room, Maid/In-Law Quarters, Recreation Room, Studio Apartment, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Other
  • Furnished: Unfurnished
  • Living Area: 2500
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 16
  • Window Features: Clear Impact Glass, Complete Accordian Shutters, Blinds, High Impact Windows
  • Bedroom Features: Entry Level, Sitting Area - Master Bedroom
  • Dining Room Features: Dining/Living Room, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Recreation Room, Studio Apartment, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Club Area View, Garden View, Ocean View, Direct Ocean, Pool Area View, Skyline, Tennis Court View
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CLUB TOWER ONE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet, Limited # Of Vehicle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Card Entry, Guard At Site

Condo/Co-op/Association

  • Association Fee: 2815
  • Amenities: Bar, Basketball Court, Bike/Jog Path, Bike Storage, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Hobby Room, Library, Pool, Sauna
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-05-054-0520
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 6088

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 14566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Mar 5, 2021
Sold by
Desisto Anna
Bought by
Rustin Beth and Stettner Lee
Seller's Agent
Valerie Hummel Leach
BHHS EWM Realty
Buyer's Agent
Natalia Anda
Coldwell Banker Realty
List Price
$2,395,000
Sold Price
$2,075,000
Premium/Discount to List
-$320,000
-13.36%
Current Estimated Value
$3,183,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,108,882
Avg. Annual Appreciation
10.05%
Original Mortgage
$1,660,000
Outstanding Balance
$1,494,819
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,689,063

Purchase Details

Closed on
Nov 22, 1998
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Desisto Peter and Desisto Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rustin Beth $2,075,000 Attorney
Desisto Peter $730,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rustin Beth $1,660,000
Previous Owner Desisto Peter $100,000
Previous Owner Desisto Peter $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $2,075,000 -7.8% $830 / Sq Ft
11/12/2020 11/12/20 Price Changed $2,250,000 -6.1% $900 / Sq Ft
07/22/2020 07/22/20 For Sale $2,395,000 -- $958 / 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 $34,618 $2,319,335 -- --
2024 $32,388 $2,108,487 -- --
2023 $32,388 $1,916,807 $0 $0
2022 $27,894 $1,742,552 $0 $0
2021 $15,247 $953,576 $0 $0
2020 $14,879 $940,411 $0 $0
2019 $14,566 $919,268 $0 $0
2018 $13,815 $902,128 $0 $0
2017 $13,641 $883,573 $0 $0
2016 $13,666 $865,400 $0 $0
2015 $13,869 $859,385 $0 $0
2014 $14,079 $852,565 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10897031

MIAMI REALTORS® MLS

APN: 24-5205-054-0520