$790,000
SOLD NOV 20, 2018

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

Village of Key Biscayne Neighborhood
2 Beds
2 Baths
1,310 Sq Ft
$812/mo HOA Fee

Recently Sold

$603 Per Sq Ft

21% Below List Price

443 Days on Market

Highlights

  • Lake Front
  • Property has ocean access
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Intercom to Front Desk
  • 2-minute walk to Lake Park

About This Home

As of December 2022

Spectacular views from this Penthouse unit of the Ocean, Bay and Lake. This 2 bedroom 2 bath unit has marble floors throughout the common areas and carpeting in the bedrooms. Very well maintained with upgrades, recently painted in a neutral color. Furniture available for sale separately. NEED 24-HOUR NOTICE TO SHOW

Last Agent to Sell the Property

Lorraine Neumann

MMLS Assoc.-Inactive Member License #0564352 Listed on: 08/10/2017

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Lorraine Neumann

MMLS Assoc.-Inactive Member License #0564352 Listed on: 08/10/2017

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,632

Year Built

  • Built in 1998

HOA Fees

  • $812 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,310 Sq Ft Home
  • Furnished
  • Furniture for Sale
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Property has ocean access
  • Lake Front

Listing and Financial Details

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

Community Details

Overview

  • Club Membership Required
  • Resort Villa One Condos
  • The Ocean Club Subdivision
  • 5-Story Property

Amenities

  • Trash Chute
  • Clubhouse
  • Intercom to Front Desk
  • Secure Lobby
  • Community Storage Space

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $775

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,632

Year Built

Built in 1998

Lot Details

0

HOA Fees

$812 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Ocean Club
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble
  • Furnished: Furniture For Sale, Furnished
  • Living Area: 1310
  • Possible Use: Investment
  • Stories: 5
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Lake
  • Exterior Features: Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Resort Villa One
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2436
  • Amenities: Clubhouse-Clubroom, Storage, Heated Pool, Child Play Area, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

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

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 775

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 13632

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
$1,506,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,939
Avg. Annual Appreciation
3.45%
Original Mortgage
$500,000
Outstanding Balance
$485,465
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,018,417

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,375,000 --
Warranty Deed $790,000 Attorney
Warranty Deed $703,000 Attorney
Warranty Deed $750,000 --
Warranty Deed $379,000 --
Deed $330,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $400,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $38,835 Credit Line Revolving
Previous Owner $637,500 Unknown
Previous Owner $264,000 New Conventional
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
2025 $18,876 $1,104,433 -- --
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

    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

    36 Total Sales

    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

    Section Image

  • L

    Seller's Agent in 2020

    Lorraine Neumann

    MMLS Assoc.-Inactive Member

    Section Image

  • R

    Buyer's Agent in 2020

    Rosario Keif

    Coldwell Banker Realty

    (305) 361-3440

    5 in this area

    6 Total Sales

    Section Image

  • P

    Seller Co-Listing Agent in 2016

    Philippe Neumann

    Coldwell Banker Realty

    (305) 361-5722

    1 in this area

    4 Total Sales

    Section Image
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About Resort Villas

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10325635

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 and is currently priced at $790,000, approximately $603 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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