NOT LISTED FOR SALE

Resort Villas 705 Crandon Blvd Unit PH5 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $1,446,528 - $1,559,000

2 Beds
2 Baths
1,310 Sq Ft
$1,014/mo HOA Fee

Last Sold December 13, 2022

Last sale price $1,375,000 $1,050 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $10,899/month

29 Days on Market

Highlights

  • Fitness Center
  • Bay View
  • Sauna
  • Key Biscayne K-8 Center Rated A-
  • Home fronts a canal
  • 2-minute walk to Lake Park

About This Home

As of December 2022

Beautiful 2/2 apartment with lake views and gorgeous sunset. Ocean club offers many amenities: remodeled gym, 3 restaurants , 2 pools, beach access, tennis court, nearby golf, Spa and beauty salon.

Last Agent to Sell the Property

Florencia Yagodnik

C W V Realty Group LLC License #3135930 Listed on: 08/15/2022

Co-Listed By

Maru Alvarez Vitale

Swann Realty Partners, LLC. License #3114097

Last Buyer's Agent

Rocio Granados

Fortune Christie's International Real Estate License #0390651

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,918

Year Built

  • Built in 1998

Lot Details

  • Home fronts a canal

HOA Fees

  • $1,014 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,310 Sq Ft Home
  • Furnished

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-056-0230

Community Details

Overview

  • Mid-Rise Condominium
  • The Ocean Club Condos
  • Resort Villa One Condo Subdivision
  • 6-Story Property

Amenities

  • Sauna

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,918

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,014 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Co List Office Mls Id: CWVR01
  • Co List Office Phone: 305-438-7730
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RESORT VILLA ONE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Other, Tile
  • Furnished: Furnished
  • Living Area: 1310
  • Possible Use: Unknown/Withheld
  • Stories: 6
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Canal, Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE OCEAN CLUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 3042
  • Amenities: Exercise Room, Other, Child Play Area, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-056-0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Nov 30, 2022
Sold by
Indrani Kb Investments Llc
Bought by
Transaction Investments Llc
Seller's Agent
Florencia Yagodnik
C W V Realty Group LLC
Buyer's Agent
Rocio Granados
Fortune Christie's International Real Estate
List Price
$15,000,000
Sold Price
$1,375,000
Premium/Discount to List
-$13,625,000
-90.83%
Views
19
Current Estimated Value
$1,503,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,882
Avg. Annual Appreciation
3.90%
Original Mortgage
$500,000
Outstanding Balance
$486,985
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,027,090

Purchase Details

Listed on
Sep 6, 2018
Closed on
Nov 20, 2018
Sold by
Hellebrand Peter and Hoffmann Marianella Blasini
Bought by
Indrani Kb Investments Llc
Seller's Agent
Lorraine Neumann
MMLS Assoc.-Inactive Member
Buyer's Agent
Rosario Keif
Coldwell Banker Realty
Sold Price
$5,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%

Purchase Details

Closed on
Feb 26, 2009
Sold by
Panahi Drew and Hickly Sondra Richie
Bought by
Hellebrand Peter and Hoffman Marianella Blasini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2005
Sold by
Alta Vista Investments & Development Inc
Bought by
Panahi Drew and Hickly Sondra Richie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
5.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 1999
Sold by
Mercedes Real Estate Holdings Inc
Bought by
Alta Vista Investments & Developmen

Purchase Details

Closed on
Aug 10, 1998
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Mercedes Real Estate Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Sold Price
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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
Transaction Investments Llc $1,375,000 --
Indrani Kb Investments Llc $790,000 Attorney
Hellebrand Peter $703,000 Attorney
Panahi Drew $750,000 --
Alta Vista Investments & Developmen $379,000 --
Mercedes Real Estate Holdings Inc $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Transaction Investments Llc $500,000
Previous Owner Hellebrand Peter $400,000
Previous Owner Panahi Drew $100,000
Previous Owner Panahi Drew D $38,835
Previous Owner Panahi Drew $637,500
Previous Owner Mercedes Real Estate Holdings Inc $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $1,375,000 -90.8% $1,050 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $15,000,000 0.0% $11,450 / Sq Ft
01/06/2020 01/06/20 Rented $5,400 +8.0% --
02/25/2019 02/25/19 For Rent $5,000 0.0% --
11/20/2018 11/20/18 Sold $790,000 0.0% $603 / Sq Ft
11/20/2018 11/20/18 Rented $5,200 -99.4% --
11/02/2018 11/02/18 Under Contract -- -- --
10/26/2018 10/26/18 Pending -- -- --
07/18/2018 07/18/18 Price Changed $849,000 -4.5% $648 / Sq Ft
05/16/2018 05/16/18 Price Changed $889,000 -1.1% $679 / Sq Ft
03/27/2018 03/27/18 Price Changed $899,000 -4.3% $686 / Sq Ft
01/10/2018 01/10/18 Price Changed $939,000 0.0% $717 / Sq Ft
09/27/2017 09/27/17 For Rent $5,000 0.0% --
08/09/2017 08/09/17 For Sale $997,000 0.0% $761 / Sq Ft
10/31/2016 10/31/16 Rented $5,100 -2.9% --
05/24/2016 05/24/16 For Rent $5,250 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $18,098 $1,200,471 -- --
2023 $18,098 $1,132,520 $0 $0
2022 $11,666 $721,350 $0 $0
2021 $11,508 $687,000 $0 $0
2020 $11,343 $687,000 $0 $0
2019 $10,709 $647,000 $0 $0
2018 $12,096 $755,282 $0 $0
2017 $13,632 $843,890 $0 $0
2016 $13,954 $843,890 $0 $0
2015 $13,719 $785,462 $0 $0
2014 $13,384 $714,057 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Florencia Yagodnik

    Seller's Agent in 2022

    Florencia Yagodnik

    C W V Realty Group LLC

    (305) 438-7730

    8 in this area

    76 Total Sales

    Florencia Yagodnik
    Section Image
  • Maru Alvarez Vitale

    Seller Co-Listing Agent in 2022

    Maru Alvarez Vitale

    Swann Realty Partners, LLC.

    (305) 609-7241

    4 in this area

    35 Total Sales

    Maru Alvarez Vitale
    Section Image

  • R

    Buyer's Agent in 2022

    Rocio Granados

    Fortune Christie's International Real Estate

    (305) 586-8380

    9 in this area

    12 Total Sales

    Rocio Granados
    Section Image
  • Lorraine Neumann

    Seller's Agent in 2020

    Lorraine Neumann

    MMLS Assoc.-Inactive Member

    (305) 361-3440

    Section Image

  • R

    Buyer's Agent in 2020

    Rosario Keif

    Coldwell Banker Realty

    (305) 361-3440

    5 in this area

    6 Total Sales

    Rosario Keif
    Section Image

  • P

    Seller Co-Listing Agent in 2016

    Philippe Neumann

    Coldwell Banker Realty

    (305) 361-5722

    1 in this area

    4 Total Sales

    Philippe Neumann
    Section Image
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About Resort Villas

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11257028

MIAMI REALTORS® MLS

APN: 24-5205-056-0230

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

705 Crandon Blvd Unit PH5, Key Biscayne, FL

This home is located at 705 Crandon Blvd Unit PH5, Key Biscayne, FL 33149 since 15 August 2022 and is currently estimated at $1,503,882, approximately $1,148 per square foot. This property was built in 1998. 705 Crandon Blvd Unit PH5 is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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