NOT LISTED FOR SALE

707 Crandon Blvd Unit 508 Key Biscayne, FL 33149

Estimated Value: $1,305,000 - $1,622,000

2 Beds
2 Baths
1,450 Sq Ft
$977/ mo HOA Fee

Last Sold December 30, 2021

Last sale price $1,100,000 $759 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $10,199/month

42 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Bar or Lounge
  • Key Biscayne K-8 Center Rated A-
  • Property has ocean access
  • 2-minute walk to Lake Park

About This Home

As of December 2021

Soaring ceilings and beautiful marble floors are highlighted by tons of natural light spilling in through an abundance of windows. Friends and family will love gathering in the living room, around the dining table or in the spacious kitchen fitted with plenty of custom cabinetry and luxe granite countertops. The
entertainment space continues outside on your absolutely incredible private balcony. With plenty of space to lounge or take in a meal al fresco, you will never tire of the spectacular views of the sparkling lake. Back inside, the private family quarters are equally as comfortable with bright and spacious bedrooms and a classic modern master bedrooms A truly special home in the most exclusive area, a few blocks from the beach club. You don’t want to let this one pass you by.

Last Agent to Sell the Property

Jose Manuel Santovena

Luxe Living Realty License #3345407 Listed on: 09/07/2021

Luxe Living Realty

Last Buyer's Agent

Gustavo Gambino

Gambino Real Estate Corp. License #3096862

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,858

Year Built

  • Built in 1998 | Newly Remodeled

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $977 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,450 Sq Ft Home
  • Combination Dining and Living Room
  • Lake Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Cooking Island

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-056-0370

Community Details

Overview

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

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Billiard Room
  • Business Center
  • Bar or Lounge
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,858

Year Built

Built in 1998 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$977 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: GPS.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other,Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RESORT VILLA ONE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer
  • Interior Amenities: Closet Cabinetry, Cooking Island, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 1450
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 6
  • Bedroom Features: Master Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Master Bathroom Features: Bidet, Dual Sinks

Exterior Features

  • View: Lake
  • Exterior Features: Open Balcony, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Lake, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Resort Villa One
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 2932
  • Amenities: Bar, Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Exercise Room, Pool, Sauna
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-056-0370
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Dec 29, 2021
Sold by
San Montejo Corp
Bought by
Gerasimovich Kenneth and Gerasimovich Caroline
Seller's Agent
Jose Manuel Santovena
Luxe Living Realty
Buyer's Agent
Gustavo Gambino
Gambino Real Estate Corp.
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Current Estimated Value
$1,451,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,060
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Aug 10, 2021
Sold by
Sibylla Corporation
Bought by
San Montejo Corp

Purchase Details

Closed on
May 21, 2008
Sold by
Estrada Ana
Bought by
Sibylla Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 17, 1998
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Estrada Ana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gerasimovich Kenneth $1,100,000 R&S International Law Group Ll
San Montejo Corp -- Accommodation
Sibylla Corp $725,000 Attorney
Estrada Ana $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sibylla Corp $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $1,100,000 -7.9% $759 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $1,195,000 -- $824 / 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
2025 $17,615 $1,089,237 -- --
2024 $18,299 $1,158,497 -- --
2023 $18,299 $1,124,755 $0 $0
2022 $12,186 $754,110 $0 $0
2021 $12,021 $718,200 $0 $0
2020 $11,858 $718,200 $0 $0
2019 $12,513 $756,000 $0 $0
2018 $13,057 $815,296 $0 $0
2017 $14,678 $883,572 $0 $0
2016 $14,294 $803,248 $0 $0
2015 $13,949 $730,226 $0 $0
2014 $12,443 $663,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jose Manuel Santovena

    Seller's Agent in 2021

    Jose Manuel Santovena

    Luxe Living Realty

    (786) 327-7527

    1 in this area

    34 Total Sales

    Jose Manuel Santovena
    Section Image
  • Gustavo Gambino

    Buyer's Agent in 2021

    Gustavo Gambino

    Gambino Real Estate Corp.

    (786) 281-5050

    9 in this area

    41 Total Sales

    Gustavo Gambino
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11095115

MIAMI REALTORS® MLS

APN: 24-5205-056-0370

Florida Miami/Dade County Key Biscayne 33149

707 Crandon Blvd Unit 508, Key Biscayne, FL

Not Listed for Sale

Condos

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.