Home » Key Biscayne » Key Biscayne Commodore Club at 177 Ocean Lane Dr Key Biscayne » 177 Ocean Lane Dr 501, Key Biscayne, FL 33149 | A11572952

177 Ocean Lane Dr 501, Key Biscayne, FL 33149 | For Sale

$4,900,000
Price has decreased by $300,000

Property Highlights

Listing ID A11572952 Status of this Listing: Active For Sale Property Type Residential Condominium 3 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,930 Sqft/179.30 m2 approx. COMMUNITY POOL Year Built 1971 Waterfront Has view of the Ocean 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 on Rebonus 154 Day(s)
10 Photos of this Property

177 Ocean Lane Dr 501, Key Biscayne, FL 33149

Property Description: One of a Kind Beachfront Oceanfront -Zen Retreat- Paradise. Unique Property with Absolutely NO Comparables. Widest Beach Stretch On Key Biscayne with 180 Degree -Unobstructed Views- from South Beach to Key Biscayne Lighthouse. For the Discerning Taste of Exotic Nature and Lifestyle

Useful Info

Previous Asking Price:$5,200,000
Original List Price:$5,200,000
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:
  • High Rise
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:12

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Bay
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Association
Security:
  • Door Man
  • Elevator Secured
  • Complex Fenced
Appliances:
  • Dryer
  • Dishwasher
  • Refrigerator
  • Washer
Interior Features:
  • Living/dining Room
  • First Floor Entry
  • Breakfast Area
  • Bedroom On Main Level
  • Entrance Foyer
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Electric
Property Entrance Faces:
  • Southeast

Taxes and Expenses

Tax Annual Amount:$25,634

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:2023
Association Fee:$1,394
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$1,394
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Storage
  • Elevator(s)
  • Fitness Center
Subdivision Name:COMMODORE CLUB EAST
Association Fee Includes:
  • Other
Complex Name:COMMODORE CLUB EAST
Senior Community:No
Restrictions: Other Restrictions

Parking

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

More Details

Other Information:
Unit View: Bay,Ocean View,Direct Ocean
Housing Older Persons Act: Unverified
Unit Design: Corner Unit,High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 90
Type of Governing Bodies: Condominium
Pet Fee: 0
Tax Information: Tax Reflects No Homestead Tax
Number of times allowed to lease per year: 4
Homeowner's Association Application Fee: 100
Style: Condo 5+ Stories
Municipal Code: 24
Subdivision Number: 12
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:KEY BISCAYNES COMMODORE CLUB CONDO NO 1 UNIT 501 5TH FLOOR UNDIV .79% INT IN COMMON ELEMENTS CLERKS FILES 71R123189 & 71R143466 OR 9630-128
Real Estate Folio Number (Parcel Number):24-42-32-012-0610
Public Survey Township:24
Public Survey Range:42
Public Survey Section:32

Listing History

Update/EventDate/Days
Published Date:April 19, 2024 4:43 pm
On Market Date:April 19, 2024
Price Change Date Time:June 10, 2024 3:30 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:June 10, 2024 3:30 pm
Status Last Changed:April 19, 2024 4:43 pm
Photos Last Modified:April 19, 2024 8:56 pm
Last Modified:June 26, 2024 7:43 pm
Days on the Market Reference Date:June 26, 2024
Days on the Market (updated on Last Modified*):68
Cumulative Days on the Market (updated on Last Modified**):68

Additional Information

Unit Location:Corner Unit,High Rise
Number of Photos Count:10
Area:42
Ref ID:1069729607
Courtesy of:BHHS EWM Realty
Attribution:flormc@comcast.net
Universal Property Id:US-12025-N-2442320120610-R-N

Location

Show Property Address:Yes
Street Name:Ocean Lane Dr
Street Number:177
Street Address:177 Ocean Lane Dr 501
Unit Number:501
City : Key Biscayne
State : Florida
Zip Code : 33149
County : Miami-Dade County
Full Address:177 Ocean Lane Dr 501, Key Biscayne, FL 33149
Latitude:N25° 42' 0.2''
Longitude:W81° 50' 35.8''

Neighborhood

Postal City:Key Biscayne

Property Map

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