Home » Key Biscayne » Ocean Village at 55 Ocean Lane Dr Key Biscayne » 55 Ocean Lane Dr 1028, Key Biscayne, FL 33149 | A11478471

Sold 55 Ocean Lane Dr 1028, Key Biscayne, FL 33149

$899,000
closed for a price of $850,000

Property Highlights

Listing ID A11478471 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,450 Sqft/134.71 m2 approx. Building Area 1,450 Sqft/134.71 m2 approx. COMMUNITY POOL Year Built 1982 Lease Term Minimum Duration: 182 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 182 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 300 Days

55 Ocean Lane Dr 1028, Key Biscayne, FL 33149

Property Description: Rarely available and totally remodeled LANAI corner unit. This 2 bedroom, 2 bathroom apartment that was totally remolded by the owner, who has her own Interior Design Company. Walk into the apartment and feel the amazing space and enjoy the green space at the end. Open kitchen totally redone with lovely breakfast area. Second bedroom is set as a den/study. Prime bedroom totally open with dressing area, and extra storage. Lovely amenities to include 2 pools, jacuzzi, 24 hours security. Assessment will be paid by Seller at closing. Furniture negotiable

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$995,000
Original List Price:$1,200,000
Close Price:$850,000
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):1
Entry Level Location:1
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:2

Property Features

View from the Property:
  • Garden
Waterfront:No
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Security Guard
  • Complex Fenced
Furnished:
  • Unfurnished
Appliances:
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
  • Built-in Features
  • Main Level Primary
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Screened
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric
Building Features:
  • Exterior Lighting

Taxes and Expenses

Tax Annual Amount:$8,681

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:$4,515
Association Fee Frequency:
  • Quarterly
Property Tax Status:Tax Reflects Homestead Tax

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Owner
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Dogs Ok
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Fitness Center
Subdivision Name:OCEAN VILLAGE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Security
  • Maintenance Structure
  • Insurance
  • Amenities
Complex Name:OCEAN VILLAGE
Senior Community:No
Development Name:OCEAN VILLAGE
Restrictions: No Recreational Vehicles RV, No Truck, OK To Lease

Parking

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

Public Schools Assigned

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

Elementary School:Pine View Elementary-po
High School:Coral Gables
Middle Or Junior School:Ponce De Leon

More Details

Other Information:
Unit ViewGarden View
Housing Older Persons ActNo HOPA
Unit DesignCorner Unit,Garden Apartment
Type of AssociationCondo
Minimum Number of Days for Lease182
Type of Governing BodiesCondominium
Tax InformationTax Reflects Homestead Tax
Number of times allowed to lease per year2
Flood ZoneAE
Building Number1028
Homeowner's Association Application Fee150
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 1028 UNDIV .734% INT IN COMMON ELEMENTS OFF REC 11681-1949 OR 17684-1330 0697 1
Real Estate Folio Number (Parcel Number):24-42-32-023-1090
Public Survey Township:24
Public Survey Range:42
Public Survey Section:32

Listing History

Update/EventDate/Days
Published Date:December 1, 2023 9:31 am
On Market Date:December 1, 2023
Close Date:September 26, 2024
Price Change Date Time:May 31, 2024 3:25 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 27, 2024 8:03 am
Status Last Changed:September 27, 2024 8:03 am
Photos Last Modified:June 3, 2024 6:22 pm
Last Modified:September 27, 2024 12:03 pm
Days on the Market Reference Date:September 27, 2024
Days on the Market (updated on Last Modified*):232
Cumulative Days on the Market (updated on Last Modified**):232

Additional Information

Unit Location:Corner Unit,Garden Apartment
Number of Photos:36
Location:,,
Included:,,
Area:42
Automated Valuation Display:Yes
Courtesy of:Berkshire Hathaway HomeServices Florida Realty
Universal Property Id:US-12025-N-2442320231090-R-N

Location

Show Property Address:Yes
Street Name:Ocean Lane Dr
Street Number:55
Street Address:55 Ocean Lane Dr 1028
Unit Number:1028
City : Key Biscayne
State : Florida
Zip Code : 33149
County : Miami-Dade
Full Address:55 Ocean Lane Dr 1028, Key Biscayne, FL 33149
Latitude:N25° 41' 59''
Longitude:W81° 50' 21.7''

Neighborhood

Postal City:Key Biscayne

Property Map

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