NOT LISTED FOR SALE

Estimated Value: $4,714,000 - $5,374,000

4 Beds
4.5 Baths
4,200 Sq Ft
$4,237/mo HOA Fee

Last Sold August 21, 2023

Last sale price $5,100,000 $1,214 Per Sq Ft

Current estimated payment $36,987/month

150 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Sun or Florida Room
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • Community Pool

About This Home

As of August 2023

The very best of Key Biscayne and a rare opportunity! Very few of these spacious 4,200 SF two level homes were built at the Ocean Club. The residence offers the comfort of a large home combined with luxury beachfront resort amenities. Throughout the open floorplan, enjoy spectacular views of beautiful sunrises over the ocean and unobstructed sunsets that illuminate the island,
Bill Baggs State Park and the Biscayne Bay. A private elevator opens to a spacious and bright first floor that is ideal for entertaining with two separate living areas, formal dining, elegant bar, powder room, oversized eat in kitchen and a bedroom suite. The second floor offers three suites (a fifth bedroom is possible), family room and conveniently located laundry.

Last Agent to Sell the Property

Claudine Coto

One Sotheby's International Realty License #3223767 Listed on: 02/06/2023

One Sotheby's International Realty

Co-Listed By

Marcello Agostini

AG Real Estate Advisors, LLC License #3073746

Last Buyer's Agent

Brigitte Nachtigall

One Sotheby's International Realty License #0542022

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,263

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $4,237 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,200 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Additional Features

  • Accessible Elevator Installed
  • Beach Access
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-054-0720

Community Details

Overview

  • 93 Units
  • Club Membership Required
  • High-Rise Condominium
  • The Ocean Club Condos
  • Club Tower One Condo Subdivision
  • 20-Story Property

Amenities

  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $2,720
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,263

Year Built

Built in 1998

Lot Details

0

HOA Fees

$4,237 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: AGRA01
  • Co List Office Phone: 305-374-2092
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other, 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: Dryer, Refrigerator, Washer
  • Interior Amenities: Elevator, Entrance Foyer, Other, Den/Library/Office, Florida Room, Storage
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 4200
  • Possible Use: Unknown/Withheld
  • Stories: 20
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Florida Room, Other, Storage Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Ocean View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Ocean Club
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 4237
  • Amenities: Elevator(s), Other, Pool, 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: 24-52-05-054-0720
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2720
  • Number Of Units In Community: 93

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 36263

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Aug 14, 2023
Sold by
Leite Fernando M R Pereira and Leite Maria Chris
Bought by
789 Crandon Llc
Seller's Agent
Claudine Coto
One Sotheby's International Realty
Buyer's Agent
Brigitte Nachtigall
One Sotheby's International Realty
List Price
$6,000,000
Sold Price
$5,100,000
Premium/Discount to List
-$900,000
-15%
Views
63
Current Estimated Value
$5,094,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,315
Avg. Annual Appreciation
2.04%

Purchase Details

Closed on
Sep 12, 2011
Sold by
Rosenfeld Miguel J and Rosenfeld Clarissa D
Bought by
Leite Fernando M R Pereira and Leite Maria Christina P

Purchase Details

Closed on
Jul 31, 2006
Sold by
Meurs Marcus and De Meurs Claudia Anaite
Bought by
Rosenfeld Miguel J and Rosenfeld Clarissa D

Purchase Details

Closed on
Mar 3, 2005
Sold by
Hart Nibbrig Christian N J and Hart Nibbrig Helena V
Bought by
Meurs Marcus and Demeurs Claudia Anaite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,905,150
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 1999
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Hart-Nibbrig Christian N and Hart-Nibbrig Helen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
7.08%
Mortgage Type
New Conventional
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
789 Crandon Llc $100,000 None Listed On Document
Leite Fernando M R Pereira $3,100,000 Attorney
Rosenfeld Miguel J $3,875,000 Attorney
Meurs Marcus $2,931,000 --
Hart-Nibbrig Christian N $1,405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meurs Marcus $500,000
Previous Owner Meurs Marcus $195,000
Previous Owner Meurs Marcus $1,905,150
Previous Owner Hart-Nibbrig Christian N $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $5,100,000 -8.9% $1,214 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $5,600,000 -6.7% $1,333 / Sq Ft
05/01/2023 05/01/23 For Sale $6,000,000 +17.6% $1,429 / Sq Ft
04/30/2023 04/30/23 Off Market $5,100,000 -- --
02/06/2023 02/06/23 For Sale $6,000,000 -- $1,429 / 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 $59,893 $3,812,050 -- --
2024 $39,016 $3,812,050 -- --
2023 $39,016 $2,476,073 $0 $0
2022 $37,774 $2,403,955 $0 $0
2021 $37,962 $2,333,937 $0 $0
2020 $37,355 $2,301,714 $0 $0
2019 $36,591 $2,249,965 $0 $0
2018 $34,730 $2,208,013 $0 $0
2017 $34,302 $2,162,599 $0 $0
2016 $34,381 $2,118,119 $0 $0
2015 $34,893 $2,103,396 $0 $0
2014 $35,421 $2,086,703 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11337921

MIAMI REALTORS® MLS

APN: 24-5205-054-0720