NOT LISTED FOR SALE

Casa del Mar 881 Ocean Dr Unit 18E Key Biscayne, FL 33149

Estimated Value: $1,748,000 - $1,871,000

3 Beds
2 Baths
1,875 Sq Ft
$1,661/mo HOA Fee

Last Sold November 05, 2024

Last sale price $1,900,000 $1,013 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $12,441/month

171 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Soaking Tub in Primary Bathroom
  • Community Pool

About This Home

As of November 2024

Want to feel like you are on a never-ending vacation? Look no further than the 18th floor of Casa Del Mar on Key Biscayne. Endless ocean views will captivate you from this stellar unit. Sit on your balcony to soak in the sea breeze & turquoise waters. Inside, the remodeled kitchen is open & spacious with a movable island to handle prep, buffet-style dinner, or breakfast du jour. With impact doors/windows & newly polished marble floors, this 2 bedrm unit also has an additional bonus room/office. Semiprivate elevator entrance & a private storage room add to the appeal. Casa del Mar has gated entry, ample parking, tennis & basketball courts, pool, private beach access, & gym, so you can live in island paradise, where safety, privacy, & tropical living is the way of life. A Very Special Home

Last Agent to Sell the Property

Carole Smith

Compass Florida, LLC License #0587059 Listed on: 05/17/2024

Compass Florida, LLC

Co-Listed By

Cristina Formosa

Compass Florida, LLC License #3105737

Last Buyer's Agent

Natalia Soria

Fortune Christie's International Real Estate License #3148290

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,061

Year Built

  • Built in 1971

Lot Details

  • South Facing Home

HOA Fees

  • $1,661 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Open Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 18th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,875 Sq Ft Home
  • Built-In Features
  • Entrance Foyer
  • Open Floorplan
  • Den
  • Storage Room
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Location

  • East of U.S. Route 1

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-008-1300

Community Details

Overview

  • 237 Units
  • High-Rise Condominium
  • Casa Del Mar Condo
  • Casa Del Mar Condo Subdivision
  • Property has 1 Level

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Secure Lobby
  • Community Storage Space

Recreation

  • Community Basketball Court

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,061

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,661 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: COMP11
  • Co List Office Phone: 305-851-2820
  • Entry Level: 18
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Other
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • 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: Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Entrance Foyer, Den/Library/Office, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1875
  • Possible Use: Unknown/Withheld
  • Stories: 27
  • Window Features: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Den/Library/Office, Storage Room
  • Master Bathroom Features: Dual Sinks, Tub Only

Exterior Features

  • View: Direct Ocean, Pool Area View, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1661
  • Amenities: Basketball Court, Barbecue, Elevator(s), Exercise Room, Exterior Lighting, Storage, Other, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 24-52-04-008-1300
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7061

Multi Family

  • Number Of Units In Community: 237
  • Number Of Units Total: 237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Nov 5, 2024
Sold by
Segurola Ignacio J and Segurola Maria Cristina
Bought by
Echo River Limited
Seller's Agent
Carole Smith
Compass Florida, LLC
Buyer's Agent
Natalia Soria
Fortune Christie's International Real Estate
List Price
$2,075,000
Sold Price
$1,900,000
Premium/Discount to List
-$175,000
-8.43%
Views
27
Current Estimated Value
$1,943,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,426
Avg. Annual Appreciation
-3.98%

Purchase Details

Closed on
Feb 17, 1999
Sold by
Bruce and Orosz Kathryn
Bought by
Segurola Juan I and Segurola Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Echo River Limited $1,900,000 None Listed On Document
Segurola Juan I $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Segurola Juan I $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2024 11/05/24 Sold $1,900,000 -4.8% $1,013 / Sq Ft
08/09/2024 08/09/24 Price Changed $1,995,000 -3.9% $1,064 / Sq Ft
05/17/2024 05/17/24 For Sale $2,075,000 -- $1,107 / 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
2025 $7,175 $1,492,680 -- --
2024 $7,061 $491,571 -- --
2023 $7,061 $477,254 $0 $0
2022 $6,936 $463,354 $0 $0
2021 $6,958 $449,859 $0 $0
2020 $6,677 $443,648 $0 $0
2019 $6,529 $433,674 $0 $0
2018 $6,184 $425,588 $0 $0
2017 $6,101 $416,835 $0 $0
2016 $6,107 $408,262 $0 $0
2015 $6,197 $405,425 $0 $0
2014 $6,290 $402,208 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11585591

MIAMI REALTORS® MLS

APN: 24-5204-008-1300