$4,250,000
SOLD AUG 23, 2021
4 Beds
5.5 Baths
3,581 Sq Ft
$975/mo HOA Fee

Recently Sold

$1,187 Per Sq Ft

5% Below List Price

14 Days on Market

Highlights

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

About This Home

As of June 2024

Enjoy the very best the Ocean Club has to offer! This super Ocean Tower sits right on the beach. Sophisticated and remodeled to perfection, this spacious almost 3,600 Sq.Ft. home offers 4 bedrooms with on suite bathrooms in each bedroom plus stuff quarters and 5 and 1/2 baths and oversized terraces. The Ocean Club is resort style family living with a private Beach Club, poolside restaurants, new fitness center, spa & beauty salon, tennis club & more! Contact us today for a private viewing.

Last Agent to Sell the Property

Carol Argibay Parra

Doral Realty Corp License #3341726 Listed on: 06/06/2021

Last Buyer's Agent

Maria Irazabal

LMFC Realty, LLC License #3291376

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,542

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • South Facing Home

HOA Fees

  • $975 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Golf Cart Parking

Property Views

Interior Spaces

  • 3,581 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Keybiscayne Elementary School

Additional Features

  • Accessible Full Bathroom
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-064-0860

Community Details

Overview

  • 111 Units
  • Club Membership Required
  • The Ocean Club Condos
  • Ocean Tower Two Condo Subdivision
  • 15-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Trash Chute
  • Clubhouse
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $7,570

Security

  • Private Guards
  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,542

Year Built

Built in 2001

Lot Details

0

HOA Fees

$975 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN TOWER TWO CONDO
  • Year Built Details: Unknown
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Electric Range, Wall Oven, Washer
  • Interior Amenities: Lobby, First Floor Entry, Closet Cabinetry, Cooking Island, Family Room
  • Accessibility Features: Accessible Full Bath
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 3581
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 15
  • Window Features: Hurricane Shutters
  • Bedroom Features: None
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Family Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Direct Ocean, Pool Area View, Skyline, Water View
  • Direction Faces: South
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Ocean Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Golf Cart Parking, Guest, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Fire Alarm, Secured Garage/Parking, Guard At Site, Lobby Secured, Other, Private Guards, Security Patrol

Condo/Co-op/Association

  • Association Fee: 2925
  • Amenities: Bar, Clubhouse-Clubroom, Exercise Room, Heated Pool, Child Play Area, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-064-0860
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 7570
  • Number Of Units In Community: 111
  • Number Of Units Total: 111

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 32542

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jun 10, 2024
Sold by
Rodriguez Adria Maria and Ocean 407 Trust
Bought by
Fortuna Deoliveira Norton and Fortuna Flavia A
Seller's Agent
Maria Irazabal
LMFC Realty, LLC
Buyer's Agent
Isabel Dohse
Compass Florida, LLC
List Price
$5,050,000
Sold Price
$4,710,000
Premium/Discount to List
-$340,000
-6.73%
Total Days on Market
14
Views
51
Current Estimated Value
$4,907,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,602
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Dec 20, 2023
Sold by
Ocean 407 Trust
Bought by
Ocean 407 Trust and Rodriguez

Purchase Details

Listed on
Jun 6, 2021
Closed on
Aug 23, 2021
Sold by
Ocean 407 Llc
Bought by
Hernandez Andres and The Ocean 407 Trust
Seller's Agent
Carol Argibay Parra
Doral Realty Corp
Buyer's Agent
Maria Irazabal
LMFC Realty, LLC
List Price
$4,460,000
Sold Price
$4,250,000
Premium/Discount to List
-$210,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$2,762,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2013
Sold by
Pena Constantino and Pena Barbara G
Bought by
Ocean 07 Llc

Purchase Details

Closed on
May 2, 2005
Sold by
A N Ocean Tower Corp
Bought by
Pena Constantino and Pena Barbara G

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
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 14, 2001
Sold by
Key Biscayne Ocean Club Lp
Bought by
A N Ocean Tower Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.98%
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 Type Sale Price Title Company
Warranty Deed $4,710,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $4,250,000 Attorney
Warranty Deed $2,840,000 Attorney
Warranty Deed $1,990,000 --
Deed $1,150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,762,500 New Conventional
Previous Owner $1,000,000 Fannie Mae Freddie Mac
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $460,000 New Conventional
Closed $791,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $4,710,000 -6.7% $1,315 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $5,050,000 +18.8% $1,410 / Sq Ft
08/23/2021 08/23/21 Sold $4,250,000 -4.7% $1,187 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $4,460,000 -- $1,245 / 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 $56,095 $4,116,236 -- --
2023 $56,095 $3,468,960 $0 $0
2022 $50,317 $3,153,600 $0 $0
2021 $32,637 $1,971,000 $0 $0
2020 $32,542 $1,971,000 $0 $0
2019 $32,623 $1,971,000 $0 $0
2018 $38,505 $2,404,219 $0 $0
2017 $49,793 $3,082,332 $0 $0
2016 $50,968 $3,082,332 $0 $0
2015 $49,143 $2,907,860 $0 $0
2014 $45,716 $2,643,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11051138

MIAMI REALTORS® MLS

APN: 24-5205-064-0860