NOT LISTED FOR SALE

Casa del Mar 881 Ocean Dr Unit 11F Key Biscayne, FL 33149

Estimated Value: $1,450,000 - $1,948,000

2 Beds
2 Baths
1,875 Sq Ft
1971 Built

Sale Details

Date Sold: November 15, 2023

Last sale price $1,500,000 $800 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,493 / mo

7 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Sauna

About This Home

As of November 2023

Discover this exquisite 2 bed, 2 bath residence in the prestigious Casa Del Mar condominium on Key Biscayne, now available for sale. Enjoy breathtaking, unobstructed Ocean views from the open-concept living area, complemented by stunning sunset and Bay views from the bedrooms. A semi-private elevator lobby guides you to an impressive double-door foyer entrance. #11F features travertine floors, hardwood kitchen cabinets, and marble bathrooms finishes. Indulge in resort-style amenities including a private beach with umbrella service, tennis court, gym, sauna, pool, and more. All assessments have been settled by the current owner.

Last Agent to Sell the Property

Andres Navarro

Harbour Residential Realty LLC License #3246216 Listed on: 09/27/2023

Last Buyer's Agent

Andres Navarro

Harbour Residential Realty LLC License #3246216 Listed on: 09/27/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,911

Year Built

  • Built in 1971

HOA Fees

  • $1,397 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 11th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,875 Sq Ft Home
  • Built-In Features
  • Combination Dining and Living Room
  • Tile Flooring
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Primary Bathroom includes a Walk-In Shower

Home Security

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • Unrestricted saltwater access
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-008-0750

Community Details

Overview

  • High-Rise Community
  • Casa Del Mar Condo
  • Casa Del Mar Condo Subdivision
  • 27-Story Property

Amenities

  • Doorman
  • Sauna
  • Trash Chute
  • Clubhouse
  • Community Library
  • Secure Lobby

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,911

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

HOA Fees

$1,397 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CASA DEL MAR CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range
  • Interior Amenities: Built-in Features, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1875
  • Possible Use: Primary
  • Stories: 27
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CASA DEL MAR CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 4192
  • Amenities: Clubhouse-Clubroom, Exercise Room, Library, Pool, Sauna, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-04-008-0750
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 15911

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 16, 2023
Sold by
Victor Antonio Delgado Declaration Of Tr and Palm Adelaida Delgado
Bought by
Formoso-Murias Hector and Formoso Marika Gulyas
Seller's Agent
Andres Navarro
Harbour Residential Realty LLC
Buyer's Agent
Andres Navarro
Harbour Residential Realty LLC
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%
Views
51
Current Estimated Value
$1,765,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,821
Avg. Annual Appreciation
7.00%
Original Mortgage
$1,200,000
Outstanding Balance
$1,179,072
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$586,749

Purchase Details

Closed on
Mar 9, 2018
Sold by
Delgado Victor
Bought by
Delgado Victor Antonio

Purchase Details

Closed on
Nov 15, 2004
Sold by
Elkins Davis
Bought by
Delgado Victor and Delgado Maria Dolores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Formoso-Murias Hector $1,500,000 None Listed On Document
Delgado Victor Antonio -- Attorney
Delgado Victor $748,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Formoso-Murias Hector $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $1,500,000 -3.2% $800 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $1,550,000 0.0% $827 / Sq Ft
09/05/2018 09/05/18 Rented $3,700 -6.3% --
08/17/2018 08/17/18 Under Contract -- -- --
08/02/2018 08/02/18 Price Changed $3,950 -9.2% $2 / Sq Ft
07/02/2018 07/02/18 For Rent $4,350 +13.0% --
05/22/2015 05/22/15 Rented $3,850 -9.4% --
04/22/2015 04/22/15 Under Contract -- -- --
02/18/2015 02/18/15 For Rent $4,250 +10.4% --
05/29/2013 05/29/13 Rented $3,850 -8.3% --
04/29/2013 04/29/13 Under Contract -- -- --
04/02/2013 04/02/13 For Rent $4,200 -- --
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 $20,030 $1,402,500 -- --
2024 $18,178 $1,275,000 -- --
2023 $18,178 $960,619 $0 $0
2022 $15,911 $873,290 $0 $0
2021 $13,267 $793,900 $0 $0
2020 $15,124 $992,400 $0 $0
2019 $13,688 $827,000 $0 $0
2018 $18,415 $1,180,718 $0 $0
2017 $16,557 $1,024,929 $0 $0
2016 $16,141 $976,123 $0 $0
2015 $15,516 $901,338 $0 $0
2014 $14,764 $819,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11460003

MIAMI REALTORS® MLS

APN: 24-5204-008-0750

Your Personal Tour Guide

Ask me questions while you tour the home.