$2,300,000
SOLD AUG 26, 2013
3 Beds
3 Baths
2,605 Sq Ft
2002 Built

Recently Sold

$883 Per Sq Ft

6% Below List Price

62 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Heated Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • Tennis Courts

About This Home

As of August 2013

BEAUTIFUL OCEAN, BAY AND SUNSET VIEWS FROM THIS 3 BEDROOM, 3 BATH APARTMENT, FINISHED WITH MARBLE FLOOR THROUGH ALL THE LIVING AREAS, CUSTOM WOOD WORK AND GERMAN KITCHEN WITH MIELE APPLIANCES

Last Agent to Sell the Property

Ale Alfonzo

Compass Florida, LLC. License #3248358 Listed on: 05/21/2013

Compass Florida, LLC.

Last Buyer's Agent

Martine Paulin

Compass Florida, LLC License #3059360

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,107

Year Built

  • Built in 2002

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,605 Sq Ft Home
  • Formal Dining Room
  • Marble Flooring
  • Dryer

Kitchen

  • <<builtInOvenToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Covered Parking
  • Assigned Parking

Additional Features

  • Balcony
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-066-0780

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Ocean Tower Condos
  • The Ocean Club Subdivision
  • Property has 1 Level

Amenities

  • Community Center
  • Party Room
  • Elevator

Recreation

  • Community Basketball Court
  • Community Playground

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $1,316

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,107

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 11
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 1
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE OCEAN CLUB
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Wall Oven
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2605
  • Possible Use: Primary
  • Stories: 15
  • Window Features: Hurricane Shutters
  • Bedroom Features: Other
  • Dining Room Features: Formal Dining

Exterior Features

  • View: Ocean View, Other View
  • Exterior Features: Open Balcony, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN TOWER
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 1980
  • Amenities: Basketball Court, Community Room, Elevator(s), Exercise Room, Heated Pool, Other, Child Play Area, Pool, Tennis Court(s)
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-066-0780
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 1316

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 26107

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

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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 $2,300,000 Attorney
Deed $900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,610,000 New Conventional
Previous Owner $500,000 Stand Alone Second
Previous Owner $550,000 New Conventional
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: A1790359

MIAMI REALTORS® MLS

APN: 24-5205-066-0780