$3,205,000
SOLD APR 20, 2018
3 Beds
4 Baths
2,718 Sq Ft
$2,522/mo HOA Fee

Recently Sold

$1,179 Per Sq Ft

20% Below List Price

376 Days on Market

Highlights

  • Ocean Front
  • Community Cabanas
  • Home Theater
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Penthouse

About This Home

As of April 2018

This Ocean Tower One Penthouse is truly a gem in the sky. Its unobstructed views of both the Atlantic Ocean, Biscayne Bay, and Downtown Miami are truly unique. Ocean Club is resort living at its finest, and has all the amenities one would expect from a world class community, featuring easy access to its beach, tennis, clubhouse, pools, dining, spas and much more. Ride the elevator straight into your own foyer and enjoy the enormous media room and rooftop terrace this unit has to offer.

Last Agent to Sell the Property

Sea Realty

Sea Grove Realty License #3338135 Listed on: 02/15/2017

Co-Listed By

Anastasio Lorente

Great Properties International LLC License #0657700

Last Buyer's Agent

Julio Murta Oliveira

Elite International Realty Inc License #3292287

Elite International Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,984

Year Built

  • Built in 2002

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $2,522 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Penthouse
  • Cluster Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,718 Sq Ft Home
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Home Theater
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Unrestricted saltwater access
  • Patio

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-066-0820

Community Details

Overview

  • Club Membership Required
  • High-Rise Condominium
  • The Ocean Club Condos
  • 20-Story Property

Amenities

  • Clubhouse
  • Secure Lobby
  • Bike Room

Recreation

  • Community Basketball Court
  • Community Cabanas

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Security Guard
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$48,984

Year Built

Built in 2002

Lot Details

0

HOA Fees

$2,522 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Patio/Cluster, Penthouse
  • Co List Office Mls Id: GRTP01
  • Co List Office Phone: 305-365-0711
  • Entry Level: 20
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Elevator, Entrance Foyer, Other, Pantry, Walk-In Closet(s), Great Room, Media Room, Recreation Room
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 2718
  • Possible Use: Unknown/Withheld
  • Stories: 20
  • Window Features: Blinds, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination, Formal Dining
  • Living Room Features: Great Room, Media Room, Recreation Room
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Patio, Wrap Around
  • 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: Other, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Elevator Secure, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2522
  • Amenities: Basketball Court, Bike Storage, Cabana, Clubhouse-Clubroom, Exercise Room, Heated Pool, Other, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-066-0820
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 2522

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 48984

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
Apr 6, 2018
Sold by
Ph 6 Ocean Tower One Llc
Bought by
799 Ocean Tower Ph06 Llc
Seller's Agent
Sea Realty
Sea Grove Realty
Buyer's Agent
Julio Murta Oliveira
Elite International Realty Inc
List Price
$3,999,000
Sold Price
$3,205,000
Premium/Discount to List
-$794,000
-19.85%
Current Estimated Value
$3,804,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,641
Avg. Annual Appreciation
3.80%

Purchase Details

Closed on
Jul 1, 2008
Sold by
Levy Emanuel and Levy Gail
Bought by
Ph & 6 Ocean Tower One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.37%
Mortgage Type
Unknown
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 $3,205,000 Attorney
Warranty Deed $3,425,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $3,205,000 -18.9% $1,179 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
03/01/2017 03/01/17 Price Changed $3,950,000 -7.1% $1,453 / Sq Ft
02/20/2017 02/20/17 Price Changed $4,250,000 +6.3% $1,564 / Sq Ft
02/15/2017 02/15/17 For Sale $3,999,000 -- $1,471 / 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 $50,487 $3,330,055 -- --
2023 $50,487 $3,046,780 $0 $0
2022 $45,048 $2,769,800 $0 $0
2021 $41,638 $2,518,000 $0 $0
2020 $41,573 $2,518,000 $0 $0
2019 $41,676 $2,518,000 $0 $0
2018 $47,443 $2,962,320 $0 $0
2017 $47,854 $2,962,320 $0 $0
2016 $48,984 $2,962,320 $0 $0
2015 $48,397 $2,782,934 $0 $0
2014 $45,052 $2,529,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10225884

MIAMI REALTORS® MLS

APN: 24-5205-066-0820