NOT LISTED FOR SALE

Estimated Value: $2,322,000 - $2,419,000

3 Beds
3 Baths
2,470 Sq Ft
$1,462/mo HOA Fee

Last Sold October 18, 2024

Last sale price $2,350,000 $951 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $16,886/month

107 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Tennis Courts
  • Key Biscayne K-8 Center Rated A-
  • Wood Flooring
  • 4-minute walk to Lake Park

About This Home

As of October 2024

Visit this inviting Lake Villa apartment with open views. This desirable split plan layout features 3 bedrooms, a spacious eat-in kitchen, and a large terrace overlooking the lake, fountain, and tropical landscape. Enjoy the Ocean Club's luxurious resort lifestyle with world-class amenities, including the Beach Club, Tennis Club, restaurants, pools, spa, and more. Call to schedule an appointment 24 hours in advance.

Last Listed By

Carlos Coto

One Sotheby's International Realty License #0165407 Listed on: 06/03/2024

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,745

Year Built

  • Built in 1998

HOA Fees

  • $1,462 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,470 Sq Ft Home
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Schools

  • Keybiscayne Elementary School

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-057-0360

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • Lake Villa Three Condos
  • Ocean Club Subdivision
  • 6-Story Property

Recreation

  • Tennis Courts
  • Fitness Center

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Maintenance Expense $1,982
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,745

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,462 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Co List Office Mls Id: OSIR04
  • Co List Office Phone: 305-365-2811
  • Directions: From Crandon Blvd., enter through Ocean Club South Gate and make a left on Lake Drive. Lake Villa III is the first complex on the left.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN CLUB
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 2470
  • Possible Use: Primary
  • Stories: 6
  • Window Features: Sliding
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Other
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Lake
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: LAKE VILLA THREE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Phone Entry

Condo/Co-op/Association

  • Association Fee: 1462
  • Amenities: Exercise Room, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-057-0360
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 1982

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 25745

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Oct 17, 2024
Sold by
747 Giraffe Llc
Bought by
Christian T Daes Revocable Trust and Daes
Seller's Agent
Carlos Coto
One Sotheby's International Realty
Buyer's Agent
Diana Quintero
EXP Realty LLC
List Price
$2,475,000
Sold Price
$2,350,000
Premium/Discount to List
-$125,000
-5.05%
Total Days on Market
107
Views
7
Current Estimated Value
$2,379,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,026
Avg. Annual Appreciation
2.44%
Original Mortgage
$1,200,000
Outstanding Balance
$1,182,962
Interest Rate
5.71%
Mortgage Type
New Conventional
Estimated Equity
$1,196,064

Purchase Details

Listed on
Sep 19, 2017
Closed on
Jul 2, 2018
Sold by
Diamond Brian and Diamond Lauren
Bought by
747 Giraffe Llc
Seller's Agent
Claudine Coto
One Sotheby's International Realty
Buyer's Agent
Carlos Coto
One Sotheby's International Realty
List Price
$1,745,000
Sold Price
$1,650,000
Premium/Discount to List
-$95,000
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2006
Sold by
Llosa Luis and Llosa Roxana Valdivieso
Bought by
Diamond Brian and Diamond Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 11, 1998
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Llosa Luis and Llosa Roxana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.84%
Mortgage Type
New Conventional

Range of Values:

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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
Christian T Daes Revocable Trust $2,350,000 None Listed On Document
747 Giraffe Llc $1,650,000 Attorney
Diamond Brian $1,500,000 Attorney
Llosa Luis $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christian T Daes Revocable Tru $1,200,000
Previous Owner 747 Giraffe Llc $1,000,000
Previous Owner Diamond Brian $500,000
Previous Owner Llosa Luis $430,000
Previous Owner Llosa Luis $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $2,350,000 -5.1% $951 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $2,475,000 0.0% $1,002 / Sq Ft
08/01/2019 08/01/19 Rented $7,200 -4.0% --
07/09/2019 07/09/19 Under Contract -- -- --
06/26/2019 06/26/19 Price Changed $7,500 -5.1% $3 / Sq Ft
06/25/2019 06/25/19 Price Changed $7,900 -1.3% $3 / Sq Ft
04/29/2019 04/29/19 For Rent $8,000 0.0% --
06/27/2018 06/27/18 Sold $1,650,000 0.0% $668 / Sq Ft
05/31/2018 05/31/18 Off Market $1,650,000 -- --
05/15/2018 05/15/18 Pending -- -- --
01/16/2018 01/16/18 Price Changed $1,695,000 -2.9% $686 / Sq Ft
09/19/2017 09/19/17 For Sale $1,745,000 -- $706 / 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 $25,745 $1,619,887 -- --
2023 $25,745 $1,472,625 $0 $0
2022 $21,477 $1,338,750 $0 $0
2021 $21,184 $1,275,000 $0 $0
2020 $21,051 $1,275,000 $0 $0
2019 $21,103 $1,275,000 $0 $0
2018 $20,834 $1,300,859 $0 $0
2017 $21,740 $1,345,784 $0 $0
2016 $25,308 $1,488,562 $0 $0
2015 $24,270 $1,353,239 $0 $0
2014 $21,275 $1,230,218 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11599796

MIAMI REALTORS® MLS

APN: 24-5205-057-0360