NOT LISTED FOR SALE

Estimated Value: $2,446,408 - $2,886,000

2 Beds
2.5 Baths
2,100 Sq Ft
$975/mo HOA Fee

Last Sold June 16, 2021

Last sale price $1,800,000 $857 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $17,506/month

502 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of June 2021

Indulge in the best beachfront resort lifestyle Key Biscayne has to offer. Elegant 2 bed/2.5 bath residence with a flow through floor plan that offers inspiring views from both terraces, be it morning sunrises over the ocean to the East or awesome sunsets to the West. Marble floors in common areas & wood flooring in bedrooms. Split plan offers bedroom privacy. Kitchen equipped w/ European cabinetry, marble counter tops, Sub Zero, G.E. & Bosch appliances.2 assigned parkings. Ocean Club is a gated community on the beach that has it all:private club, pools, restaurants, tennis, spa/fitness center, beauty salon, children’s playground.
Key Biscayne offers a welcome refuge from urban life while it stays a prudent distance from all its activities, especially downtown and MIA airport.

Last Agent to Sell the Property

Martine Paulin

Compass Florida, LLC License #3059360 Listed on: 12/09/2019

Compass Florida, LLC

Last Buyer's Agent

Brigitte Nachtigall

One Sotheby's International Realty License #0542022

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,342

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor

HOA Fees

  • $975 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • Blinds
  • Sliding Windows
  • Formal Dining Room

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-054-0200

Community Details

Overview

  • 802 Units
  • Club Membership Required
  • Mid-Rise Condominium
  • Club Tower One Condo
  • Club Tower One Condo,Ocean Club Subdivision
  • 6-Story Property

Amenities

  • Valet Parking
  • Trash Chute
  • Clubhouse
  • Elevator
  • Secure Lobby
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $2,053

Security

  • Security Guard
  • Complex Is Fenced
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,342

Year Built

Built in 1998

Lot Details

0

HOA Fees

$975 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CLUB TOWER ONE CONDO,OCEAN CLUB
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble, Wood
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 2100
  • Possible Use: Unknown/Withheld
  • Stories: 6
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Open Balcony
  • 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

  • Attached Garage: No
  • Park Building Name: CLUB TOWER ONE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Valet

Utilities

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

Condo/Co-op/Association

  • Association Fee: 975
  • Amenities: Clubhouse-Clubroom, Elevator(s), Exercise Room, Storage, Exterior Lighting, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-054-0200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 2053
  • Number Of Units In Community: 802

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 18342

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jun 15, 2021
Sold by
Parq Investments Llc
Bought by
Octo 602 Llc
Seller's Agent
Martine Paulin
Compass Florida, LLC
Buyer's Agent
Brigitte Nachtigall
One Sotheby's International Realty
List Price
$1,900,000
Sold Price
$1,800,000
Premium/Discount to List
-$100,000
-5.26%
Total Days on Market
502
Current Estimated Value
$2,605,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$805,852
Avg. Annual Appreciation
9.72%

Purchase Details

Listed on
Jan 15, 2015
Closed on
May 19, 2015
Sold by
Verfe Llc
Bought by
Parq Investments Llc
Seller's Agent
Douglas Kinsley
Fortune Christie's International Real Estate
Buyer's Agent
Martine Paulin
Compass Florida, LLC
List Price
$2,099,000
Sold Price
$1,950,000
Premium/Discount to List
-$149,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.31%

Purchase Details

Closed on
Nov 13, 2009
Sold by
Johnson Jeffrey and Johnson Teresa
Bought by
Verfe Llc

Purchase Details

Closed on
Jul 25, 2006
Sold by
Johnson Teresa
Bought by
Johnson Jeffrey and Johnson Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 2005
Sold by
Gamboa Raul Ivan Rosas and Gamboa Yesica Piego Derosas
Bought by
Johnson Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 21, 2001
Sold by
Ocean Dev
Bought by
Gamboa Raul I and Gamboa Yesica P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 1998
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Ocean Development S A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.47%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Octo 602 Llc $1,800,000 Attorney
Parq Investments Llc $1,950,000 None Available
Verfe Llc $1,116,000 Attorney
Johnson Jeffrey -- Attorney
Johnson Teresa $1,400,000 --
Gamboa Raul I $760,000 --
Ocean Development S A $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Jeffrey $300,000
Previous Owner Johnson Teresa $980,000
Previous Owner Ocean Development S A $579,850
Previous Owner Ocean Development S A $570,000
Previous Owner Ocean Development S A $250,000
Closed Johnson Teresa $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $1,800,000 0.0% $857 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
09/02/2020 09/02/20 Price Changed $1,800,000 -2.7% $857 / Sq Ft
05/28/2020 05/28/20 Price Changed $1,850,000 -2.6% $881 / Sq Ft
12/08/2019 12/08/19 For Sale $1,900,000 0.0% $905 / Sq Ft
12/14/2016 12/14/16 Rented $8,750 +2.9% --
11/10/2016 11/10/16 Under Contract -- -- --
09/28/2016 09/28/16 For Rent $8,500 0.0% --
05/15/2016 05/15/16 Rented $8,500 -10.5% --
05/10/2016 05/10/16 Price Changed $9,500 0.0% $5 / Sq Ft
05/10/2016 05/10/16 For Rent $9,500 +11.8% --
05/06/2016 05/06/16 Rented $8,500 -10.5% --
02/22/2016 02/22/16 For Rent $9,500 0.0% --
05/22/2015 05/22/15 Sold $1,950,000 -2.5% $929 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
02/18/2015 02/18/15 Price Changed $1,999,999 -4.7% $952 / Sq Ft
01/15/2015 01/15/15 For Sale $2,099,000 -- $1,000 / 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 $23,512 $1,434,618 -- --
2023 $23,512 $1,304,199 $0 $0
2022 $19,044 $1,185,636 $0 $0
2021 $17,022 $1,022,100 $0 $0
2020 $18,342 $1,110,950 $0 $0
2019 $21,633 $1,307,000 $0 $0
2018 $21,606 $1,349,059 $0 $0
2017 $22,988 $1,423,058 $0 $0
2016 $24,259 $1,467,070 $0 $0
2015 $22,975 $1,271,277 $0 $0
2014 $21,406 $1,155,707 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10784276

MIAMI REALTORS® MLS

APN: 24-5205-054-0200