NOT LISTED FOR SALE

Casa del Mar 881 Ocean Dr Unit 8A Floor 8 Key Biscayne, FL 33149

Estimated Value: $3,559,767

3 Beds
3 Baths
3,120 Sq Ft
1971 Built

Sale Details

Date Sold: August 24, 2021

Last sale price $2,750,000 $881 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $22,546 / mo

Highlights

  • In Ground Pool
  • Waterfront
  • Tennis Courts
  • Key Biscayne K-8 Center Rated A-
  • No HOA
  • Impact Glass

About This Home

As of December 2022

STOP! YOU FOUND IT! - Casa del Mar 8 A is, without a doubt - the best custom remodeled 3/3 unfurnished corner apartment at Casa del Mar, with sweeping views of the beach. From your elevator - serves only two units per floor - you step into the foyer of this beach facing home in the sky. New impact glass and windows throughout. New eat in kitchen with separate laundry room. Oversize living area and formal dining room; modern large format (36” x 36”) stone floors. Each bedroom features spacious walk in closets. Amenities include tennis courts, gym, Bar-B-Q area, library, great party room with kitchen. Add to all this, a very nice building staff.

Last Agent to Rent the Property

Carlos Coto

One Sotheby's International Realty Brokerage Email: MLS@onesothebysrealty.com License #0165407 Listed on: 04/20/2022

One Sotheby's International Realty

Last Renter's Agent

Maria Jose Alonso

477 International Realty License #3271381

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • East Facing Home

Parking

  • 1 Car Garage
  • Guest Parking

Interior Spaces

  • 3,120 Sq Ft Home
  • Built-In Features
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool

Listing and Financial Details

  • Property Available on 5/15/22
  • Assessor Parcel Number 24-52-04-008-0460

Community Details

Overview

  • No Home Owners Association
  • Casa Del Mar Condo
  • Casa Del Mar Condo Subdivision

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Impact Glass
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-05-15

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: CASA DEL MAR CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: MLS@onesothebysrealty.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Washer
  • Interior Amenities: Built-in Features, Pantry
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Living Area: 3120
  • Window Features: Impact Glass

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: CASA DEL MAR CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Guest

Utilities

  • Security: Smoke Detector

Condo/Co-op/Association

  • Amenities: Security Patrol
  • Association: No
  • Community Features: Tennis

Lot Info

  • Parcel Number: 24-52-04-008-0460
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Aug 24, 2021
Sold by
Otero Andres and Navas Maria Carolina
Bought by
Nadar El Mar Inc
Seller's Agent
Paula Sanchez
Unique International Properties
Buyer's Agent
Carlos Coto
One Sotheby's International Realty
List Price
$2,950,000
Sold Price
$2,750,000
Premium/Discount to List
-$200,000
-6.78%
Current Estimated Value
$3,559,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,767
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Jun 17, 2014
Sold by
Suram Investors Inc
Bought by
Otero Andres and Navas Maria Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2004
Sold by
Suram Investors Inc
Bought by
Angel Amparo

Purchase Details

Closed on
Feb 13, 2004
Sold by
Angel Amparo
Bought by
Suram Investors Inc

Purchase Details

Closed on
Jul 6, 2000
Sold by
Lyndos Corporation
Bought by
Angel Amparo
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 Buyer Sale Price Title Company
Nadar El Mar Inc $2,750,000 Attorney
Otero Andres $1,650,000 Key Intl Title & Escrow Corp
Angel Amparo $500,000 --
Suram Investors Inc $860,000 --
Angel Amparo $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otero Andres $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2022 12/09/22 Rented $10,000 -21.9% --
11/08/2022 11/08/22 Under Contract -- -- --
11/01/2022 11/01/22 For Rent $12,800 0.0% --
10/31/2022 10/31/22 Off Market $12,800 -- --
07/20/2022 07/20/22 Price Changed $12,800 -5.2% $4 / Sq Ft
06/22/2022 06/22/22 Price Changed $13,500 -6.9% $4 / Sq Ft
04/20/2022 04/20/22 For Rent $14,500 0.0% --
08/24/2021 08/24/21 Sold $2,750,000 -6.8% $881 / Sq Ft View Prior Sale
07/30/2021 07/30/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $2,950,000 0.0% $946 / Sq Ft
03/19/2012 03/19/12 Rented $5,000 -13.8% --
02/18/2012 02/18/12 Under Contract -- -- --
11/14/2011 11/14/11 For Rent $5,800 -- --
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 $40,502 $2,648,105 -- --
2024 $36,721 $2,532,970 -- --
2023 $36,721 $2,302,700 $0 $0
2022 $36,795 $2,302,668 $0 $0
2021 $27,013 $1,668,600 $0 $0
2020 $26,698 $1,656,237 $0 $0
2019 $26,148 $1,619,000 $0 $0
2018 $27,559 $1,760,255 $0 $0
2017 $30,113 $1,818,569 $0 $0
2016 $29,318 $1,653,245 $0 $0
2015 $25,400 $1,502,950 $0 $0
2014 $24,400 $1,393,381 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11192044

MIAMI REALTORS® MLS

APN: 24-5204-008-0460

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