NOT LISTED FOR SALE

Ocean Tower One 799 Crandon Blvd Unit 1101 Floor 0 Key Biscayne, FL 33149

Estimated Value: $6,993,000 - $9,679,000

4 Beds
5.5 Baths
5,403 Sq Ft
2002 Built

Sale Details

Date Sold: September 12, 2012

Last sale price $5,900,000 $1,092 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $51,950 / mo

5 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Bar or Lounge
  • Marble Flooring

About This Home

As of September 2012

"CASUAL ELEGANCE" BEST DESCRIBES this 5,400 sq.ft. beachfront, 4 BED, 51⁄2 baths, plus library - integrated kitchen,family room & staff quarters wing, formal living & dining room. Select wood floors throughout. *** Oversized 21⁄2 car garage on Upper Level par king. Wine Cellar and Fur storage closet. OCEAN CLUB is a world class building with security, valet and concierge service 'round the clock.*** Formal Restaurant & informal beach bar & grill *** Tennis Center & Shop with Tennis Pro on duty. LIVE THE DREAM

Last Agent to Sell the Property

Carlos Coto

One Sotheby's International Realty License #0165407 Listed on: 07/27/2012

One Sotheby's International Realty

Co-Listed By

Claudine Coto

One Sotheby's International Realty License #3223767

Last Buyer's Agent

Carlos Coto

One Sotheby's International Realty License #0165407 Listed on: 07/27/2012

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $79,249

Year Built

  • Built in 2002

Lot Details

  • Ocean Front
  • End Unit
  • East Facing Home

HOA Fees

  • $2,731 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,403 Sq Ft Home
  • Furnished
  • Built-In Features
  • Drapes & Rods
  • Entrance Foyer
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom

Home Security

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-066-0100

Community Details

Overview

  • 801 Units
  • Mid-Rise Community
  • Club Tower One Condos
  • Ocean Club Subdivision, Model F Floorplan

Amenities

  • Doorman
  • Valet Parking
  • Community Center
  • Party Room
  • Community Library
  • Bar or Lounge
  • Elevator

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $638

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$79,249

Year Built

Built in 2002

Lot Details

0 Sq Ft Lot

HOA Fees

$2,731 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Other
  • Unit Levels: 0
  • Master Model: MODEL F
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN CLUB
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 5900000
  • InternetRemarks: 5,400 sq.ft. of "Casual Elegance" best describe this incredible unit!
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished, Furnished
  • Living Area: 5403
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Drapes, Other Windows
  • Bedroom Features: Other
  • Dining Room Features: Eat-In Kitchen
  • Master Bathroom Features: Bidet, Dual Sinks, Whirlpool/Spa

Exterior Features

  • View: Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CLUB TOWER ONE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, Assigned, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 2731
  • Amenities: Bar, Community Room, Elevator(s), Exercise Room, Library, Child Play Area, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-066-0100

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 79249

Multi Family

  • Maintenance Expense: 638
  • Number Of Units In Community: 801
  • Number Of Units Total: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2012
Closed on
Sep 6, 2012
Sold by
Demolina Alvaro G
Bought by
Spencer Mary M and Mclaughlin Maureen M
Seller's Agent
Carlos Coto
One Sotheby's International Realty
Buyer's Agent
Carlos Coto
One Sotheby's International Realty
List Price
$5,900,000
Sold Price
$5,900,000
Current Estimated Value
$7,983,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,083,491
Avg. Annual Appreciation
2.25%

Purchase Details

Closed on
May 7, 2004
Sold by
Key Biscayne Ocean Club Lp
Bought by
Demolina Alvaro G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Spencer Mary M $5,900,000 Attorney
Demolina Alvaro G $3,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demolina Alvaro G $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2012 09/12/12 Sold $5,900,000 0.0% $1,092 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $5,900,000 -- $1,092 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $79,208 $5,234,538 -- --
2024 $78,119 $5,087,015 -- --
2023 $78,119 $4,938,850 $0 $0
2022 $75,763 $4,795,000 $0 $0
2021 $78,452 $4,795,000 $0 $0
2020 $78,511 $4,795,000 $0 $0
2019 $78,707 $4,795,000 $0 $0
2018 $77,498 $4,878,968 $0 $0
2017 $76,554 $4,778,618 $0 $0
2016 $76,740 $4,680,332 $0 $0
2015 $77,885 $4,647,798 $0 $0
2014 $79,065 $4,610,911 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Coto

    Seller's Agent in 2012

    Carlos Coto

    One Sotheby's International Realty

    (305) 803-3059

    23 in this area

    24 Total Sales

    Carlos Coto
    Section Image
  • Claudine Coto

    Seller Co-Listing Agent in 2012

    Claudine Coto

    One Sotheby's International Realty

    (305) 389-6229

    44 in this area

    45 Total Sales

    Claudine Coto
    Section Image
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About Ocean Tower One

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1670128

MIAMI REALTORS® MLS

APN: 24-5205-066-0100

Florida Miami/Dade County Key Biscayne 33149

799 Crandon Blvd Unit 1101, Key Biscayne, FL

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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