NOT LISTED FOR SALE

Casa del Mar 881 Ocean Dr Unit 27D Key Biscayne, FL 33149

Estimated Value: $1,990,000 - $2,038,606

2 Beds
2 Baths
1,875 Sq Ft
1971 Built

Sale Details

Date Sold: November 9, 2023

Last sale price $2,250,000 $1,200 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $14,785 / mo

129 Days on Market

Highlights

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

About This Home

As of November 2023

UNIQUE OPPORTUNITY TO BUY THE HIGHEST FLOOR APARTMENT CURRENTLY AVAILABLE FOR SALE ON THE ENTIRE KEY BISCAYNE ISLAND, OFFERING UNIQUE VIEWS TO THE EAST AND WEST. Completely remodeled, w careful consideration given to every space and corner. Spacious living room w ocean views. Open kitchen w island & integrated table for 6. New appliances. 2 bedrooms, 2 baths+ den that can be closed or left open according to the buyer's needs. Laundry room. Open balcony to enjoy the best sunrises & the ocean. Soffit lights throughout. Hurricane-proof windows. Beach access, 24-hour front desk, 2 tennis courts, basketball, an Olympic-sized swimming pool, gym, first-come, first-serve chairs and umbrellas. THE SPECIAL ASSESSMENT HAS BEEN FULLY PAID BY THE SELLER, WHICH REDUCES THE ACTUAL VALUE OF THE PROPERTY.

Last Agent to Sell the Property

Dolores Urdapilleta

Urdapilleta Real Estate, LLC License #3245467 Listed on: 07/02/2023

Last Buyer's Agent

Maria Peterfy-Shaya

BHHS EWM Realty License #3171519

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,026

Year Built

  • Built in 1971

HOA Fees

  • $1,970 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Entry on the 27th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,875 Sq Ft Home
  • Partially Furnished
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-008-2010

Community Details

Overview

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

Amenities

  • Doorman
  • Clubhouse
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,026

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

HOA Fees

$1,970 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 27
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CASA DEL MAR CONDO
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Cooking Island, Elevator, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Partially Furnished
  • Living Area: 1875
  • Possible Use: Primary
  • Stories: 27
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View, Direct Ocean, Skyline
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 5910
  • Amenities: Bike Storage, Clubhouse-Clubroom, Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-04-008-2010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2023
Closed on
Nov 8, 2023
Sold by
Key Barracuda Llc
Bought by
Biscayne Dreams Llc
Seller's Agent
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
Buyer's Agent
Maria Peterfy-Shaya
BHHS EWM Realty
List Price
$2,540,000
Sold Price
$2,250,000
Premium/Discount to List
-$290,000
-11.42%
Views
93
Current Estimated Value
$2,021,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$228,348
Avg. Annual Appreciation
-4.40%

Purchase Details

Listed on
Aug 3, 2022
Closed on
Oct 27, 2022
Sold by
Bonnet Wilson Nancy and Wilson Flanagan Tracy
Bought by
Wilson Nancy Bonnet and Key Barracuda Llc
Seller's Agent
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
Buyer's Agent
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
List Price
$1,700,000
Sold Price
$1,430,000
Premium/Discount to List
-$270,000
-15.88%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.95%
Original Mortgage
$1,001,000
Interest Rate
5%
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
Biscayne Dreams Llc $2,250,000 None Listed On Document
Wilson Nancy Bonnet $1,430,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Nancy Bonnet $1,001,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2023 11/09/23 Sold $2,250,000 -5.5% $1,200 / Sq Ft
08/14/2023 08/14/23 Price Changed $2,380,000 -6.3% $1,269 / Sq Ft
07/02/2023 07/02/23 For Sale $2,540,000 +77.6% $1,355 / Sq Ft
11/01/2022 11/01/22 Sold $1,430,000 -15.9% $763 / Sq Ft View Prior Sale
10/18/2022 10/18/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $1,700,000 -- $907 / Sq Ft
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 $23,128 $1,546,965 -- --
2024 $23,497 $1,473,300 -- --
2023 $23,497 $1,473,300 $0 $0
2022 $7,026 $469,510 $0 $0
2021 $7,048 $455,835 $0 $0
2020 $6,767 $449,542 $0 $0
2019 $6,624 $439,435 $0 $0
2018 $6,274 $431,242 $0 $0
2017 $6,190 $422,373 $0 $0
2016 $6,197 $413,686 $0 $0
2015 $6,288 $410,811 $0 $0
2014 $6,383 $407,551 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dolores Urdapilleta

    Seller's Agent in 2023

    Dolores Urdapilleta

    Urdapilleta Real Estate, LLC

    (305) 790-9946

    61 in this area

    107 Total Sales

    Dolores Urdapilleta
    Section Image

  • M

    Buyer's Agent in 2023

    Maria Peterfy-Shaya

    BHHS EWM Realty

    (305) 361-5600

    1 in this area

    9 Total Sales

    Maria Peterfy-Shaya
    Section Image
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About Casa del Mar

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11410793

MIAMI REALTORS® MLS

APN: 24-5204-008-2010

Florida Miami/Dade County Key Biscayne 33149

881 Ocean Dr Unit 27D, Key Biscayne, FL

Not Listed for Sale

Condos

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