NOT LISTED FOR SALE

Ocean Tower Two 791 Crandon Blvd Unit 401 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $2,441,902 - $3,496,000

3 Beds
2.5 Baths
2,174 Sq Ft
$1,903/mo HOA Fee

Last Sold April 18, 2016

Last sale price $1,850,000 $851 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $18,914/month

144 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 1-minute walk to Beach Park

About This Home

As of April 2016

Elegant and sophisticated 3 bedroom/ 2.5 bath in Ocean Tower Two, a prime beachfront building located steps from the sand. Corner unit features private elevator, foyer, gourmet kitchen which opens to dining room, marble floors throughout, custom woodwork , two large terraces, and lots of natural light. Unit is located in a resort style, luxury complex which includes access to beach, pools, restaurants, gym, spa, tennis, playground and much more. OWNER MOTIVATED, BRING ALL OFFERS.

Last Agent to Sell the Property

Ivette Fernandez

Semsch Realty License #0699760 Listed on: 10/13/2015

Last Buyer's Agent

Mario Valbuena

Miller Eaton LLC License #3260736

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,655

Year Built

  • Built in 2001 | Remodeled

HOA Fees

  • $1,903 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Deeded Parking

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,174 Sq Ft Home
  • Plantation Shutters
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Marble Flooring
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Property has ocean access

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-064-0040

Community Details

Overview

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

Amenities

  • Sauna
  • Trash Chute
  • Clubhouse
  • Community Library
  • Bar or Lounge
  • Bike Room

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $1,130

Security

  • Security Service
  • Secure Elevator
  • Complex Is Fenced
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,655

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$1,903 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Ocean Tower Two
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Elevator, Fire Sprinklers, Entrance Foyer, Laundry Tub, Roman Tub, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2174
  • Possible Use: Primary
  • Stories: 18
  • Window Features: Blinds, Plantation Shutters
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining

Exterior Features

  • View: Garden View, Ocean View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Ocean Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Deeded

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fire Sprinklers, Fire Alarm, Owned Burglar Alarm, Smoke Detector, Complex Fenced, Elevator Secure, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1903
  • Amenities: Bar, Bike Storage, Clubhouse-Clubroom, Exercise Room, Library, Child Play Area, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 24-52-05-064-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 1130

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 15655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2015
Closed on
Apr 17, 2016
Sold by
Camero Jorge L and Camero Olga A
Bought by
Jaramillo Mauricio
Seller's Agent
Ivette Fernandez
Semsch Realty
Buyer's Agent
Mario Valbuena
Miller Eaton LLC
List Price
$2,175,000
Sold Price
$1,850,000
Premium/Discount to List
-$325,000
-14.94%
Current Estimated Value
$2,766,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$916,226
Avg. Annual Appreciation
4.56%
Original Mortgage
$851,000
Outstanding Balance
$391,382
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$2,394,869

Purchase Details

Closed on
Jul 23, 2004
Sold by
Padilla Basilio
Bought by
Camero Jorge L and Camero Olga A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Jaramillo Mauricio $1,850,000 Attorney
Camero Jorge L $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaramillo Mauricio $851,000
Previous Owner Camero Jorge L $900,000
Previous Owner Camero Jorge L $575,000
Previous Owner Pacilla Basilio $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $1,850,000 -2.6% $851 / Sq Ft
03/05/2016 03/05/16 Pending -- -- --
02/09/2016 02/09/16 Price Changed $1,900,000 -4.8% $874 / Sq Ft
11/20/2015 11/20/15 Price Changed $1,995,000 -2.7% $918 / Sq Ft
10/19/2015 10/19/15 Price Changed $2,050,000 -5.7% $943 / Sq Ft
10/12/2015 10/12/15 For Sale $2,175,000 -- $1,000 / 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 $19,212 $1,275,212 -- --
2023 $19,212 $1,238,070 $0 $0
2022 $18,674 $1,202,010 $0 $0
2021 $18,759 $1,167,000 $0 $0
2020 $18,620 $1,167,000 $0 $0
2019 $18,667 $1,167,000 $0 $0
2018 $21,391 $1,375,122 $0 $0
2017 $21,124 $1,346,839 $0 $0
2016 $24,128 $1,459,154 $0 $0
2015 $15,422 $951,289 $0 $0
2014 $15,655 $943,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2016

    Ivette Fernandez

    Semsch Realty

    6 in this area

    16 Total Sales

    Ivette Fernandez
    Section Image

  • M

    Buyer's Agent in 2016

    Mario Valbuena

    Miller Eaton LLC

    5 in this area

    7 Total Sales

    Mario Valbuena
    Section Image
See All Agents

About Ocean Tower Two

Map

Source: MIAMI REALTORS® MLS

MLS Number: A2188047

MIAMI REALTORS® MLS

APN: 24-5205-064-0040

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

791 Crandon Blvd Unit 401, Key Biscayne, FL

This home is located at 791 Crandon Blvd Unit 401, Key Biscayne, FL 33149 since 13 October 2015 and is currently estimated at $2,766,226, approximately $1,272 per square foot. This property was built in 2001. 791 Crandon Blvd Unit 401 is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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