RENTED MAR 1, 2025

721 Crandon Blvd Unit 208 Key Biscayne, FL 33149

Estimated Value: $2,503,769 - $3,388,000

3 Beds
3.5 Baths
2,683 Sq Ft
2002 Built

Last Sold May 05, 2017

Last sale price $1,550,000 $578 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $17,305/month

Highlights

  • Property has ocean access
  • Fitness Center
  • Gated Community
  • Key Biscayne K-8 Center Rated A-
  • In Ground Pool
  • 2-minute walk to Lake Park

About This Home

As of March 2025

Completely and exquisitely remodeled unit at LAKE VILLA at the Ocean Club! Plenty of space all over! This 3 bedroom, 3.5 bathroom feels like a home! Wood floors throughout and brand new Italian designed white kitchen just installed! All white walls in this one of a kind property with private elevator! Enjoy all the premium resort amenities at the Ocean Club, lap pool, kids pool and state of the art gym, fitness center and Spa! 24 hours security! Tennis Courts and beach service available with chairs & umbrellas, kids playground, 2 restaurants & much more! Tenants to consume $3,000.00 restaurant fee per year. 2 assigned parking available with the unit! Call LA to schedule your appointment! OWNER MOTIVATED!

Last Agent to Rent the Property

Isabel monica Pinedo delacouture

AG Real Estate Advisors, LLC License #3596965 Listed on: 01/16/2025

Co-Listed By

Mayra Cortés

AG Real Estate Advisors, LLC License #3246739

Last Renter's Agent

Fabio Domingos

Miami Realty Solution Group License #3461825

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • Waterfront
  • Fenced

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Garden Apartment
  • Entry on the 2nd floor
  • Substantially Remodeled
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,683 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Storage Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub

Home Security

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Balcony
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Additional Features

  • Energy-Efficient Appliances
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 1/16/25
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-52-05-067-0280

Community Details

Overview

  • No Home Owners Association
  • Club Membership Required
  • Lake Villa One Condo
  • Lake Villa One Condo,Ocean Club Subdivision
  • Maintained Community
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Game Room

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community
  • Complete Accordion Shutters

Condo Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-01-16
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Co List Office Mls Id: AGRA01
  • Co List Office Phone: 305-374-2092
  • Directions: Kindly follow your GPS instructions!
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 5
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: LAKE VILLA ONE CONDO,OCEAN CLUB
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Interior Amenities: Storage
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 2683
  • Spa Features: Community
  • Stories: 5
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Storage Room

Exterior Features

  • Roof: Concrete
  • View: Garden, Other
  • Exterior Features: Barbeque, Lighting, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled, Completely Renovated
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LAKE VILLA ONE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces, Covered, Guest, Limited # Of Vehicle

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Gated, Child Play Area, Club Membership Required, Clubhouse, Exercise Room, Sauna, Spa/Hot Tub
  • Association: No
  • Community Features: Lawn/Pool Maintenance, Recreation Facilities, Tennis, Additional Amenities, Gated, Clubhouse, Pool, Tennis Court(s), Exercise Room, Game Room, Gated Community, Maintained Community, Management On Site, Sauna, Security Patrol, Sidewalks, Spa/Hot Tub, Street Lights

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-067-0280
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
May 3, 2017
Sold by
Schoen Francine Y and Schoen Alan L
Bought by
Key Ocean 208 Llc
Seller's Agent
Douglas Kinsley
Fortune Christie's International Real Estate
Buyer's Agent
Mayra Cortés
AG Real Estate Advisors, LLC
List Price
$1,995,000
Sold Price
$1,550,000
Premium/Discount to List
-$445,000
-22.31%
Current Estimated Value
$2,871,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,321,442
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
May 21, 2004
Sold by
Soto Gustavo and Soto Karina Gutierres
Bought by
Schoen Francine Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Key Ocean 208 Llc $1,550,000 Attorney
Schoen Francine Y $765,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schoen Francine Y $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2025 03/01/25 Rented $12,500 -3.8% --
01/29/2025 01/29/25 Under Contract -- -- --
01/16/2025 01/16/25 For Rent $13,000 -7.1% --
07/14/2023 07/14/23 Rented $14,000 -10.3% --
06/30/2023 06/30/23 Under Contract -- -- --
06/12/2023 06/12/23 For Rent $15,600 0.0% --
05/05/2017 05/05/17 Sold $1,550,000 -11.4% $578 / Sq Ft View Prior Sale
03/17/2017 03/17/17 Pending -- -- --
02/20/2017 02/20/17 Price Changed $1,750,000 -1.4% $652 / Sq Ft
02/02/2017 02/02/17 Price Changed $1,775,000 -6.3% $662 / Sq Ft
07/21/2016 07/21/16 Price Changed $1,895,000 -5.0% $706 / Sq Ft
05/18/2016 05/18/16 For Sale $1,995,000 -- $744 / Sq Ft
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 $26,412 $1,674,264 -- --
2024 $25,559 $1,522,059 -- --
2023 $25,559 $1,383,690 $0 $0
2022 $20,192 $1,257,900 $0 $0
2021 $19,917 $1,198,000 $0 $0
2020 $19,779 $1,197,950 $0 $0
2019 $20,441 $1,235,000 $0 $0
2018 $19,785 $1,235,369 $0 $0
2017 $12,982 $842,813 $0 $0
2016 $13,006 $825,478 $0 $0
2015 $13,199 $819,740 $0 $0
2014 $13,398 $813,235 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11726301

MIAMI REALTORS® MLS

APN: 24-5205-067-0280