731 Crandon Blvd Unit 507 Key Biscayne, FL 33149
Village of Key Biscayne Neighborhood
3
Beds
3
Baths
2,220
Sq Ft
$1,484/mo
HOA Fee
Highlights
- Lake Front
- Intercom to Front Desk
- Clubhouse
- Fitness Center
- Senior Community
- 4-minute walk to Lake Park
About This Home
As of September 2023Stunning 3-bedroom, 3-bathroom residence in the desirable Lake Villa 2 building at The Ocean Club in Key Biscayne offers a luxurious and comfortable lifestyle. With a beautifully renovated kitchen and living room with a modern home office, this home exudes sophistication and style. The unit is flooded with natural light and offers breathtaking views, creating a serene and tranquil atmosphere. Whether you're relaxing in the spacious living room or enjoying the ocean breeze from the balcony, this is the perfect place to call home.
Two Special Assessments that end in October of 2026.
SA #1 Total amount to be paid by this unit: $53,732.64
SA #2 Total amount to be paid by this unit: $15,935.37
This unit is currently paying quarterly for both
$2066.64 (quarterly) and $995.96 (quarterly)
Last Buyer's Agent
Fernando Paiz
Esslinger Wooten Maxwell Inc
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,829
Year Built
- Built in 1996
HOA Fees
- $1,484 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 2,220 Sq Ft Home
- Built-In Features
- Lake Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Cooking Island
- Disposal
Flooring
- Marble
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Accessible Elevator Installed
- Balcony
- Lake Front
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 24-52-05-050-0310
Community Details
Overview
- Senior Community
- Club Membership Required
- Mid-Rise Condominium
- The Ocean Club Condos
- Lake Villa Two Condo Subdivision
- 7-Story Property
Amenities
- Sauna
- Clubhouse
- Community Center
- Party Room
- Community Library
- Intercom to Front Desk
Recreation
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Breed Restrictions
Building Details
- Maintenance Expense $2,880
Security
- Security Service
- Card or Code Access
- Phone Entry
- Fire Sprinkler System
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $2,598,900 | 0.0% | $1,171 / Sq Ft |
| 03/17/2025 03/17/25 | Off Market | $2,598,900 | -- | -- |
| 02/12/2025 02/12/25 | Price Changed | $2,598,900 | -1.9% | $1,171 / Sq Ft |
| 11/21/2024 11/21/24 | For Sale | $2,649,900 | +32.5% | $1,194 / Sq Ft |
| 09/06/2023 09/06/23 | Sold | $2,000,000 | -4.7% | $901 / Sq Ft |
| 08/11/2023 08/11/23 | Pending | -- | -- | -- |
| 07/06/2023 07/06/23 | Price Changed | $2,099,000 | -4.5% | $945 / Sq Ft |
| 04/20/2023 04/20/23 | Price Changed | $2,199,000 | -4.3% | $991 / Sq Ft |
| 02/16/2023 02/16/23 | For Sale | $2,299,000 | +83.9% | $1,036 / Sq Ft |
| 03/08/2012 03/08/12 | Sold | $1,250,000 | 0.0% | $563 / Sq Ft |
| 01/03/2012 01/03/12 | Pending | -- | -- | -- |
| 12/12/2011 12/12/11 | For Sale | $1,250,000 | -- | $563 / Sq Ft |
Source: MIAMI REALTORS® MLS
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 | $19,652 | $1,670,581 | -- | -- |
| 2023 | $19,652 | $1,012,473 | $0 | $0 |
| 2022 | $14,829 | $920,430 | $0 | $0 |
| 2021 | $14,628 | $876,600 | $0 | $0 |
| 2020 | $14,473 | $876,600 | $0 | $0 |
| 2019 | $16,121 | $974,000 | $0 | $0 |
| 2018 | $19,418 | $1,212,433 | $0 | $0 |
| 2017 | $21,762 | $1,347,148 | $0 | $0 |
| 2016 | $20,251 | $1,224,680 | $0 | $0 |
| 2015 | $19,809 | $1,129,038 | $0 | $0 |
| 2014 | $18,866 | $1,026,399 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $674,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $718,250 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $884,000 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $563,000 | Unknown | |
| Previous Owner | $200,000 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,000,000 | Title Partners | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $1,125,000 | Attorney | |
| Warranty Deed | $1,105,000 | -- | |
| Warranty Deed | $730,000 | -- | |
| Deed | $455,000 | -- |
Source: Public Records
Similar Homes in Key Biscayne, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11338134
APN: 24-5205-050-0310
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