Home » Key Biscayne » Ocean Village at 55 Ocean Lane Dr Key Biscayne » 55 Ocean Lane Dr 2027, Key Biscayne, Florida 33149 | A11310913

Sold 55 Ocean Lane Dr 2027, Key Biscayne, Florida 33149

$525,000
closed for a price of $520,000

Property Highlights

Listing ID A11310913 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 2 Bathrooms Total 1 Full Bath 1 Half Bath Living Space 972 Sqft/90.30 m2 approx. Building Area 972 Sqft/90.30 m2 approx. COMMUNITY POOL Year Built 1982 Lease Term Minimum Duration: 180 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 180 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 220 Days

55 Ocean Lane Dr 2027, Key Biscayne, Florida 33149

Property Description: Totally remodeled unit with all permits closed in City Of Key Biscayne , complex has 24/7 security gate, two pools, gym, plenty of guest parkings. Quiet and Peaceful. Great investment rental, or a good choice to live in a Paradise Island. Pictures speak by themselves. Also has a half bathroom and washer and dryer inside the unit. Need to sale for relocation Building is on process of a total beatification remodeling including hallways, hallways rail and paint. Roof and Pools were done already.That will increase the value of the property.Price to sale, best deal in Key Biscayne. Not two level unit, just one floor. All info about remodeling and schedule for it is in the management office please call them.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$555,000
Original List Price:$595,000
Close Price:$520,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Other
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Tile
  • Ceramic Tile
Number of stories:4

Property Features

View from the Property:
  • Garden
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
Furnished:
  • Unfurnished
Accessibility Features:
  • Accessible Elevator Installed
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Ice Maker
Interior Features:
  • Living/dining Room
  • Breakfast Area
  • Closet Cabinetry
  • Elevator
  • Second Floor Entry
  • Dual Sinks
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$4,086

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2021
Association Fee:$700
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$700
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
Occupant Type:
  • Owner
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Elevator(s)
  • Fitness Center
Subdivision Name:OCEAN VILLAGE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Water
  • Trash
  • Pest Control
  • Pool(s)
  • Common Areas
  • Association Management
  • Reserve Fund
Complex Name:Ocean Village
Senior Community:No
Restrictions: OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Assigned
  • Open

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Glenallen Elementary
High School:Mast Academy

More Details

Other Information:
Unit ViewGarden View
Housing Older Persons ActUnverified
Buy StateFlorida
Unit DesignOther
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesCondominium
Tax InformationTax Reflects Homestead Tax
Buyer Country of ResidenceMexico
Number of times allowed to lease per year2
Flood ZoneAE
Homeowner's Association Application Fee150
Style Condo 1-4 Stories
FEMA Flood Zone DesignationsAE
Municipal Code24
Subdivision Number23

Zoning and Legal

Tax Legal Description:OCEAN VILLAGE CONDO UNIT 2027 UNDIV .526% INT IN COMMON ELEMENTS OFF REC 11681-1949 OR 18643-1164 0599 1
Real Estate Folio Number (Parcel Number):24-42-32-023-1060
Public Survey Township:24
Public Survey Range:42
Public Survey Section:32

Listing History

Update/EventDate/Days
Published Date:December 3, 2022 12:00 am
On Market Date:December 3, 2022
Close Date:July 11, 2023
Price Change Date Time:May 8, 2023 3:07 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:July 12, 2023 7:05 am
Status Last Changed:July 12, 2023 7:05 am
Photos Last Modified:June 1, 2023 3:30 pm
Last Modified:July 12, 2023 11:06 am
Days on the Market (updated on Last Modified*):191
Cumulative Days on the Market (updated on Last Modified**):343

Additional Information

Unit Location:Other
Number of Photos:20
Location:,,
Included:,,
Area:42
Courtesy of:Sun & Sea Realty, Inc
Universal Property Id:US-12086-N-2442320231060-R-N

Location

Show Property Address:Yes
Street Name:Ocean Lane Dr
Street Number:55
Street Address:55 Ocean Lane Dr 2027
Unit Number:2027
City : Key Biscayne
State : Florida
Zip Code : 33149
County : Miami-Dade County
Full Address:55 Ocean Lane Dr 2027, Key Biscayne, Florida 33149
Latitude:N25° 41' 59''
Longitude:W81° 50' 21.7''

Neighborhood

Postal City:Key Biscayne

Property Map

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