NOT LISTED FOR SALE

Estimated Value: $2,992,000 - $3,503,943

3 Beds
3 Baths
2,605 Sq Ft
2002 Built

Last Sold August 26, 2013

Last sale price $2,300,000 $883 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $21,515/month

Highlights

  • Valet Parking
  • Ocean Front
  • Gated with Attendant
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Newly Remodeled

About This Home

As of October 2021

Sumptuous water views for a luxurious lifestyle!
On high floor, this bright 3 bedroom, 3 bathroom flow-thru floor plan is sure to please all tastes: be it inspiring and magnificent sunrises over Beach & Ocean, or splendid sunsets over the Bay. Park & Miami Skyline. 2 large terraces accessed from all rooms. Interior features private elevator entry, marble floors throughout. European kitchen. 2 parking spaces.Elegant full service building with 24 h concierge & valet. Indulge in ultimate resort lifestyle in gated community on the beach with it private Club & multiple amenities: recently remodeled gym, spa, restaurants, several pools, tennis, child play.

Last Agent to Rent the Property

Martine Paulin

Compass Florida, LLC License #3059360 Listed on: 08/27/2021

Compass Florida, LLC

Last Renter's Agent

Dolores Urdapilleta

Urdapilleta Real Estate, LLC License #3245467

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,569

Year Built

  • Built in 2002 | Newly Remodeled

Lot Details

  • Ocean Front
  • Northeast Facing Home

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,605 Sq Ft Home
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Storage Room
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • <<builtInOvenToken>>
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 10/10/21
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-52-05-066-0780

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Ocean Tower One Condo
  • Ocean Tower One Condo Subdivision

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Clubhouse

Recreation

  • Beach Club Membership Available
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Complete Accordion Shutters

Condo Details

Home Type

Condominium

Est. Annual Taxes

$38,569

Year Built

Built in 2002 | Newly Remodeled

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2021-10-10
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Split Level
  • Directions: Crandon Boulevard to South Gate. Go straight all the way to the curve at the end of the street. Building on right hand side
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: OCEAN TOWER ONE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Split Bedroom, Walk-In Closet(s), Storage
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2605
  • Spa Features: Community
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Storage Room

Exterior Features

  • View: Bay, Ocean, Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN TOWER ONE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces, Assigned, Valet

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Gated with Guard, Lobby Attended, Security Patrol

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Exercise Room, Management On Site, Other
  • Association: No
  • Community Features: Tennis, Beach Club Member Available, Pool, Tennis Court(s), Exercise Room, Gated Community, Management On Site, Spa/Hot Tub

Lot Info

  • Parcel Number: 24-52-05-066-0780
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2013
Closed on
Aug 26, 2013
Sold by
Ocean Home Llc
Bought by
Muruzabal Claudio Norberto and Claudio Norberto Muruzabal Trust
Seller's Agent
Ale Alfonzo
Compass Florida, LLC.
Buyer's Agent
Martine Paulin
Compass Florida, LLC
List Price
$2,450,000
Sold Price
$2,300,000
Premium/Discount to List
-$150,000
-6.12%
Current Estimated Value
$3,313,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,013,648
Avg. Annual Appreciation
4.40%
Original Mortgage
$1,610,000
Outstanding Balance
$442,329
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$3,396,362

Purchase Details

Closed on
Jun 14, 2002
Sold by
Key Biscayne Ocean Club Lp
Bought by
Ocean Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.77%
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
Muruzabal Claudio Norberto $2,300,000 Attorney
Ocean Home Llc $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muruzabal Claudio Norberto $1,610,000
Previous Owner Ocean Home Llc $500,000
Previous Owner Ocean Home Llc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Rented -- -- --
10/01/2021 10/01/21 Under Contract -- -- --
08/27/2021 08/27/21 For Rent $18,000 +89.5% --
10/17/2018 10/17/18 Under Contract -- -- --
10/04/2018 10/04/18 Rented $9,500 -4.0% --
09/14/2018 09/14/18 For Rent $9,900 +23.8% --
10/26/2017 10/26/17 Rented $8,000 -3.6% --
10/12/2017 10/12/17 Under Contract -- -- --
08/11/2017 08/11/17 Price Changed $8,300 -12.6% $3 / Sq Ft
06/29/2017 06/29/17 For Rent $9,500 0.0% --
08/26/2013 08/26/13 Sold $2,300,000 -6.1% $883 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $2,450,000 -- $940 / 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 $38,569 $2,417,362 -- --
2023 $38,569 $2,197,602 $0 $0
2022 $34,344 $1,997,820 $0 $0
2021 $30,089 $1,816,200 $0 $0
2020 $32,593 $1,974,100 $0 $0
2019 $34,394 $2,078,000 $0 $0
2018 $40,103 $2,504,054 $0 $0
2017 $32,674 $2,061,799 $0 $0
2016 $32,748 $2,019,392 $0 $0
2015 $33,236 $2,005,355 $0 $0
2014 $33,739 $1,989,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11089558

MIAMI REALTORS® MLS

APN: 24-5205-066-0780