NOT LISTED FOR SALE

Estimated Value: $6,726,000 - $9,362,000

4 Beds
6 Baths
5,110 Sq Ft
$975/mo HOA Fee

Last Sold March 29, 2021

Last sale price $6,325,000 $1,238 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $51,256/month

27 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Heated Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • Tennis Courts

About This Home

As of March 2021

Live on top of the world! This is a rare and unique opportunity to own a penthouse at the prestigious Ocean Club! Amazing floor thru provides panoramic OCEAN, BAY, BEACH, SUNSET, SUNRISE & MIAMI SKYLINE VIEWS! 5100+ sq. ft. of interior finished with pure luxury & refinement! Remodeled Fall 2018 with new European Kitchen cabinetry, Miele appliances, two wine coolers (175 and 45 bottles), update bathrooms, built-out closets and custom home office! 4 LARGE TERRACES & 4 ASSIGNED PARKING SPACES!

Last Agent to Sell the Property

Douglas Kinsley

Fortune Christie's International Real Estate License #0372853 Listed on: 02/01/2021

Fortune Christie's International Real Estate

Last Buyer's Agent

Douglas Kinsley

Fortune Christie's International Real Estate License #0372853 Listed on: 02/01/2021

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $72,610

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $975 Monthly HOA Fees

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,110 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Covered Parking
  • Assigned Parking

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-055-1010

Community Details

Overview

  • High-Rise Condominium
  • Club Tower Ll Condos
  • The Ocean Club,The Ocean Ocean Subdivision
  • 20-Story Property

Amenities

  • Trash Chute
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Community Basketball Court
  • Community Playground

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $13,552

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$72,610

Year Built

Built in 1998

Lot Details

0

HOA Fees

$975 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 20
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Ocean Club,THE OCEAN OCEAN
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Elevator, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 6
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 5110
  • Possible Use: Unknown/Withheld
  • Stories: 20
  • Window Features: Hurricane Shutters
  • Bedroom Features: Other
  • Dining Room Features: Formal Dining

Exterior Features

  • View: Bay, Ocean View, Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CLUB TOWER ll
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry, Guard At Site

Condo/Co-op/Association

  • Association Fee: 2925
  • Amenities: Basketball Court, Community Room, Elevator(s), Exercise Room, Heated Pool, Other, Child Play Area, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-055-1010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 13552

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 72610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 19, 2021
Sold by
Aguirre Fernando and Aguirre Citlali G
Bought by
Beeck Maria Del Carmen
Seller's Agent
Douglas Kinsley
Fortune Christie's International Real Estate
Buyer's Agent
Douglas Kinsley
Fortune Christie's International Real Estate
List Price
$6,690,000
Sold Price
$6,325,000
Premium/Discount to List
-$365,000
-5.46%
Total Days on Market
27
Current Estimated Value
$7,926,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,601,413
Avg. Annual Appreciation
6.92%

Purchase Details

Listed on
Mar 2, 2018
Closed on
Apr 26, 2018
Sold by
Grove 16 Inc
Bought by
Aguirre Fernando and Aguirre Citlali G
Seller's Agent
Douglas Kinsley
Fortune Christie's International Real Estate
Buyer's Agent
Rita Benavides
Fortune Christie's International Real Estate
List Price
$5,650,000
Sold Price
$5,400,000
Premium/Discount to List
-$250,000
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jun 23, 2014
Sold by
Cassady Mary and Tilley Brenda Joy
Bought by
Grove 16 Inc
Seller's Agent
Douglas Kinsley
Fortune Christie's International Real Estate
Buyer's Agent
Douglas Kinsley
Fortune Christie's International Real Estate
List Price
$6,495,000
Sold Price
$5,752,454
Premium/Discount to List
-$742,546
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.63%

Purchase Details

Closed on
Apr 29, 2010
Sold by
Pc Ph4 Club Tower Two Llc
Bought by
Cassady Mary and Tilley Brenda Joy

Purchase Details

Closed on
Aug 3, 2005
Sold by
Solano Prado Corp
Bought by
Pc Ph4 Club Tower Two Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 4, 1998
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Solano Prado Corp
Source: Public Records

Range of Values:

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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
Beeck Maria Del Carmen $6,325,000 Attorney
Aguirre Fernando $5,400,000 Attorney
Grove 16 Inc $5,752,500 Attorney
Cassady Mary $4,800,000 Attorney
Pc Ph4 Club Tower Two Llc $4,100,000 --
Solano Prado Corp $1,875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grove 16 Inc $3,737,500
Previous Owner Pc Ph4 Club Tower Two Llc $2,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $6,325,000 -5.5% $1,238 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $6,690,000 +5.8% $1,309 / Sq Ft
02/02/2021 02/02/21 Off Market $6,325,000 -- --
01/26/2021 01/26/21 For Sale $6,690,000 +23.9% $1,309 / Sq Ft
04/26/2018 04/26/18 Sold $5,400,000 -4.4% $1,057 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $5,650,000 -1.8% $1,106 / Sq Ft
06/23/2014 06/23/14 Sold $5,752,454 -11.4% $1,126 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
04/30/2013 04/30/13 For Sale $6,495,000 -- $1,271 / 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 $86,116 $5,685,833 -- --
2024 $84,935 $5,525,591 -- --
2023 $84,935 $5,364,652 $0 $0
2022 $82,340 $5,208,400 $0 $0
2021 $73,441 $4,490,000 $0 $0
2020 $73,484 $4,490,000 $0 $0
2019 $73,667 $4,490,000 $0 $0
2018 $81,709 $5,101,932 $0 $0
2017 $82,418 $5,101,932 $0 $0
2016 $84,364 $5,101,932 $0 $0
2015 $78,384 $4,638,120 $0 $0
2014 $72,918 $4,216,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10992223

MIAMI REALTORS® MLS

APN: 24-5205-055-1010