NOT LISTED FOR SALE

Resort Villas 701 Crandon Blvd Unit 401 Key Biscayne, FL 33149

Estimated Value: $1,345,000 - $1,934,000

2 Beds
2 Baths
1,700 Sq Ft
$1,360/ mo HOA Fee

Last Sold June 20, 2023

Last sale price $1,550,000 $912 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,612/month

185 Days on Market

Highlights

  • Property has ocean access
  • Bar or Lounge
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Private Beach Pavilion
  • 1-minute walk to Lake Park

About This Home

As of June 2023

Don't miss the opportunity to own the largest 2/2 plus DEN in Resort Villas exclusive Ocean Club Resort. Flexible floor plan you can use Den as an office or third "bedroom". Lush views with large balcony. This unit is very bright with lots of closet space. Beautiful New wood-like tile floors installed in July 2020. Unit offers 2 assigned parking spaces one located in covered garage next to elevator door. Resort offers 5 stars amenities with beach access, restaurants, tennis club, gym and spa, resort style pools with towel service and lounges with umbrellas in the beach area. Maintenance includes all amenities + basic cable + HBO. Resort Villas do not have any known assessments and it is also the building with the lowest maintenance at Ocean Club.

Last Agent to Sell the Property

Paulette Monserrate-Schena

BHHS EWM Realty Brokerage Phone: 305-610-4147 License #0689885 Listed on: 12/01/2022

BHHS EWM Realty

Last Buyer's Agent

Carolina Villaraos

MMLS Assoc.-Inactive Member License #3491821

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,960

Year Built

  • Built in 1998

HOA Fees

  • $1,360 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Access To Lake
  • Balcony

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-056-0030

Community Details

Overview

  • Club Membership Required
  • Resort Villa One Condo
  • Resort Villa One Condo Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Bar or Lounge

Recreation

  • Private Beach Pavilion
  • Community Spa

Pet Policy

  • Dogs Allowed

Building Details

  • Maintenance Expense $4,078

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,960

Year Built

Built in 1998

Lot Details

0 Sq Ft Lot

HOA Fees

$1,360 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Entering Key Biscayne make a left in the North entrance of Ocean Club and you will find the entrance on your right.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RESORT VILLA ONE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Attribution Contact: 305-610-4147
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other, Den/Library/Office, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1700
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Complete Accordian Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office, Family Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Access, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: RESORT VILLA ONE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry, Guard At Site

Condo/Co-op/Association

  • Association Fee: 4079
  • Amenities: Bar, Clubhouse-Clubroom, Exercise Room, Pool, Private Beach Pavilion, Private Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-056-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11960

Multi Family

  • Maintenance Expense: 4078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jun 20, 2023
Sold by
Rapagna Cristian N and Rapagna Mariana I
Bought by
132 Capulet Llc
Seller's Agent
Paulette Monserrate-Schena
BHHS EWM Realty
Buyer's Agent
Carolina Villaraos
MMLS Assoc.-Inactive Member
List Price
$1,795,000
Sold Price
$1,550,000
Premium/Discount to List
-$245,000
-13.65%
Views
28
Current Estimated Value
$1,664,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,702
Avg. Annual Appreciation
2.68%

Purchase Details

Listed on
Dec 4, 2017
Closed on
Apr 29, 2021
Sold by
Luna Of Key Biscayne Corp
Bought by
Rapagan Cristian N and Serra Mariana L
Seller's Agent
Debora Caridad-Martinez
Fortune Christie's International Real Estate
Buyer's Agent
Paulette Monserrate-Schena
BHHS EWM Realty
List Price
$1,100,000
Sold Price
$965,000
Premium/Discount to List
-$135,000
-12.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.73%
Original Mortgage
$612,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 1998
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Luna Of Key Biscayne Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
6.99%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
132 Capulet Llc $1,550,000 Title Answers
Rapagan Cristian N $965,000 Attorney
Luna Of Key Biscayne Corp $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rapagan Cristian N $612,000
Previous Owner Luna Of Key Biscayne Corp $266,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2023 06/20/23 Sold $1,550,000 -6.1% $912 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $1,650,000 -8.1% $971 / Sq Ft
12/01/2022 12/01/22 For Sale $1,795,000 +86.0% $1,056 / Sq Ft
05/26/2021 05/26/21 Sold $965,000 +19593.9% $568 / Sq Ft View Prior Sale
03/04/2021 03/04/21 Pending -- -- --
05/10/2019 05/10/19 Rented $4,900 -1.0% --
03/22/2019 03/22/19 Price Changed $4,950 0.0% $3 / Sq Ft
10/29/2018 10/29/18 Price Changed $975,000 0.0% $574 / Sq Ft
10/29/2018 10/29/18 Price Changed $5,000 -5.7% $3 / Sq Ft
09/06/2018 09/06/18 Price Changed $5,300 0.0% $3 / Sq Ft
06/05/2018 06/05/18 For Sale $1,100,000 +14.0% $647 / Sq Ft
06/04/2018 06/04/18 Off Market $965,000 -- --
01/19/2018 01/19/18 Price Changed $5,000 0.0% $3 / Sq Ft
12/27/2017 12/27/17 Price Changed $1,100,000 0.0% $647 / Sq Ft
12/27/2017 12/27/17 For Rent $5,300 0.0% --
12/04/2017 12/04/17 For Sale $1,175,000 0.0% $691 / Sq Ft
01/15/2017 01/15/17 Rented $5,300 0.0% --
11/21/2016 11/21/16 Price Changed $5,300 -11.7% $3 / Sq Ft
10/28/2016 10/28/16 Price Changed $6,000 +13.2% $4 / Sq Ft
08/01/2016 08/01/16 Price Changed $5,300 -5.4% $3 / Sq Ft
07/20/2016 07/20/16 Price Changed $5,600 -4.3% $3 / Sq Ft
07/12/2016 07/12/16 Price Changed $5,850 -2.5% $3 / Sq Ft
04/20/2016 04/20/16 For Rent $6,000 0.0% --
03/26/2015 03/26/15 Rented $6,000 0.0% --
03/26/2015 03/26/15 For Rent $6,000 -- --
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
2025 $20,418 $1,297,277 -- --
2024 $12,269 $1,297,277 -- --
2023 $12,269 $802,905 $0 $0
2022 $11,960 $779,520 $0 $0
2021 $12,419 $742,400 $0 $0
2020 $12,258 $742,440 $0 $0
2019 $13,357 $807,000 $0 $0
2018 $12,420 $775,522 $0 $0
2017 $15,125 $859,560 $0 $0
2016 $14,791 $781,419 $0 $0
2015 $13,461 $710,381 $0 $0
2014 $13,208 $645,801 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11309828

MIAMI REALTORS® MLS

APN: 24-5205-056-0030

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