Home » Key Biscayne » Ocean Village at 55 Ocean Lane Dr Key Biscayne » 55 Ocean Lane Dr 3025, Key Biscayne, FL 33149 | A11477839

Sold 55 Ocean Lane Dr 3025, Key Biscayne, FL 33149

$949,000
closed for a price of $895,000

Property Highlights

Listing ID A11477839 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,734 Sqft/161.09 m2 approx. Building Area 1,734 Sqft/161.09 m2 approx. Year Built 1982 Lease Term Minimum Duration: 90 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 90 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 171 Days

55 Ocean Lane Dr 3025, Key Biscayne, FL 33149

Property Description: A highly motivated seller is offering the best deal on Key Biscayne: Walk to the beach and take advantage of A-rated public schools by snagging this 3BR 2BA, which features an appealing split plan w/ a large master bedroom w/ walk-in closet/updated bath and a guest suite w/ two large bedrooms and shared bath. The large living area is perfect for relaxation and entertainment and opens to a quiet balcony. The unit includes a washer/dryer, beach access, 2 parking spaces and access to 2 pools, a hot tub and well-appointed gym. The sprawling property is shrouded in lush landscaping and thick foliage, an island paradise 15 minutes from downtown Miami. The owner will pay off the current assessment, which is transforming the exterior of the complex and will add significant value to the property.

Useful Info

Contingency:Other
Previous Asking Price:$945,000
Original List Price:$1,199,000
Close Price:$895,000
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:
  • Garden Apartment
Entry Level (floor):3
Entry Level Location:3
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Wood
Number of stories:4

Property Features

View from the Property:
  • Garden
Waterfront:No
Security:
  • Smoke Detector(s)
  • Security Guard
  • Elevator Secured
  • Complex Fenced
Accessibility Features:
  • Accessible Elevator Installed
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
  • Self Cleaning Oven
Interior Features:
  • Living/dining Room
  • Pantry
  • Split Bedrooms
  • Walk-in Closet(s)
  • Bedroom On Main Level
  • Elevator
Exterior Features:
  • Barbecue
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Metal
  • Double Hung
Green Energy Efficient:
  • Hvac
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$6,084

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:2022
Association Fee:$1,652
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects Homestead Tax

Terms

Disclosures:
  • Flood Plain Disclosure
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
  • Fha
Occupant Type:
  • Call Agent
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • No Pet Restrictions
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Bike Storage
  • Trash
  • Clubhouse
  • Elevator(s)
  • Fitness Center
Subdivision Name:OCEAN VILLAGE CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Common Areas
  • Insurance
  • Parking
Complex Name:Ocean Village Condominium
Senior Community:No
Restrictions: No Recreational Vehicles RV, No Truck, OK To Lease

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Parking Features:
  • Two Or More Spaces
  • Guest

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewGarden View
Housing Older Persons ActUnverified
Unit DesignEast Of Us1,Garden Apartment
Type of AssociationCondo
Minimum Number of Days for Lease90
Type of Governing BodiesCondominium
Tax InformationTax Reflects Homestead Tax
Number of times allowed to lease per year4
Flood ZoneAE
Homeowner's Association Application Fee100
Rooms DescriptionRecreation Room
Style Condo 1-4 Stories
FEMA Flood Zone DesignationsAE
Municipal Code24
PACE (Property Assessed Clean Energy) program0
Subdivision Number23
Buyer Country of ResidenceUnknown/Withheld

Zoning and Legal

Tax Legal Description:OCEAN VILLAGE CONDO UNIT 3025 UNDIV .873% INT IN COMMON ELEMENTS OFF REC 11681-1949 OR 18687-1591 0699 1 COC 25906-1314 07 2007 5
Real Estate Folio Number (Parcel Number):24-42-32-023-0990
Public Survey Township:24
Public Survey Range:42
Public Survey Section:32

Listing History

Update/EventDate/Days
Published Date:October 30, 2023 3:10 pm
On Market Date:October 30, 2023
Close Date:April 18, 2024
Price Change Date Time:January 22, 2024 5:30 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:April 18, 2024 5:17 pm
Status Last Changed:April 18, 2024 5:17 pm
Photos Last Modified:November 27, 2023 1:13 am
Last Modified:April 18, 2024 9:17 pm
Days on the Market Reference Date:April 18, 2024
Days on the Market (updated on Last Modified*):126
Cumulative Days on the Market (updated on Last Modified**):126

Additional Information

Unit Location:East Of Us1,Garden Apartment
Number of Photos:34
Location:,,
Included:,,
Area:42
Courtesy of:Fortune Christie's International Real Estate
Universal Property Id:US-12025-N-2442320230990-R-N

Location

Show Property Address:Yes
Street Name:Ocean Lane Dr
Street Number:55
Street Address:55 Ocean Lane Dr 3025
Unit Number:3025
City : Key Biscayne
State : Florida
Zip Code : 33149
County : Miami-Dade County
Full Address:55 Ocean Lane Dr 3025, Key Biscayne, FL 33149
Latitude:N25° 41' 59''
Longitude:W81° 50' 21.7''

Neighborhood

Postal City:Key Biscayne

Property Map

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