NOT LISTED FOR SALE

721 Crandon Blvd Unit PH8 Key Biscayne, FL 33149

Estimated Value: $2,531,857 - $2,887,000

3 Beds
3 Baths
2,683 Sq Ft
$1,763/mo HOA Fee

Last Sold May 01, 2023

Last sale price $2,245,000 $837 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $18,694/month

148 Days on Market

Highlights

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

About This Home

As of May 2023

Gorgeous corner penthouse in desirable Lake Villa One, Ocean Club, Key Biscayne. Paradise living for anyone wishing safety and exclusivity. This penthouse at the Villas offers an unparalleled feeling of privacy, only found in a single-family home.
Lovely views, perfect floor plan with 2,683 SQ/FT under A/C, marble floors throughout, 3 bed/3 baths, built-in home office, 3 walk-in closets in the huge master bedroom, 4 oversized terraces, foyer, bike and storage room, direct in-unit elevator, & 2 designated parking spaces.
Ocean club is a private exclusive community with 5 stars amenities, an adults-only grand pool, direct beach access, beach pool for children and families, Beach Club & Tennis Club with 8 lighted tennis courts, beach and formal restaurants, Kids' playground and more.

Last Agent to Sell the Property

Coralia Braverman

Florida Capital Realty License #0703468 Listed on: 12/03/2022

Florida Capital Realty

Last Buyer's Agent

Nancy Batchelor

Compass Florida, LLC License #0416207

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,464

Year Built

  • Built in 2002

Lot Details

  • Waterfront
  • End Unit
  • North Facing Home

HOA Fees

  • $1,763 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Assigned Parking

Home Design

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

Interior Spaces

  • 2,683 Sq Ft Home
  • Built-In Features
  • Plantation Shutters
  • Vertical Blinds
  • Drapes & Rods
  • Entrance Foyer
  • Den
  • Marble Flooring
  • Skyline Views
  • Intercom Access

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-067-0380

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • Lake Villa One Condo
  • Lake Villa One Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 6-Story Property

Amenities

  • Trash Chute
  • Clubhouse
  • Community Library
  • Bar or Lounge
  • Intercom to Front Desk
  • Bike Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Secure Elevator
  • Complex Is Fenced
  • Walled
  • Complete Accordion Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,464

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,763 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Penthouse
  • 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: LAKE VILLA ONE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Fire Sprinklers, Entrance Foyer, Pantry, Split Bedroom, Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2683
  • Other Equipment: Elevator, Intercom
  • Possible Use: Primary
  • Stories: 6
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Drapes, Plantation Shutters, Verticals
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom
  • Living Room Features: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Skyline
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction, Elevated Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: LAKE VILLA ONE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered, Detached, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Complex Fenced, Elevator Secure, Guard At Site, Intercom In Lobby, Security Patrol, Walled

Condo/Co-op/Association

  • Association Fee: 5288
  • Amenities: Bar, Basketball Court, Bike Storage, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Library, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-067-0380
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 20464

Multi Family

  • Maintenance Expense: 5288

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
May 1, 2023
Sold by
Braverman Coralia
Bought by
Ruiz Adolfo Lazaro and Piazzesi Raffaella Andrea
Seller's Agent
Coralia Braverman
Florida Capital Realty
Buyer's Agent
Nancy Batchelor
Compass Florida, LLC
List Price
$2,690,000
Sold Price
$2,245,000
Premium/Discount to List
-$445,000
-16.54%
Views
27
Current Estimated Value
$2,751,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,714
Avg. Annual Appreciation
8.11%
Original Mortgage
$1,571,500
Outstanding Balance
$1,528,041
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$1,223,673

Purchase Details

Listed on
Dec 3, 2022
Closed on
Apr 19, 2023
Sold by
Coralia Braverman Revocable Trust
Bought by
Braverman Coralia
Seller's Agent
Coralia Braverman
Florida Capital Realty
Buyer's Agent
Nancy Batchelor
Compass Florida, LLC
List Price
$2,690,000
Sold Price
$2,245,000
Premium/Discount to List
-$445,000
-16.54%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,571,500
Outstanding Balance
$1,528,041
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$1,223,673

Purchase Details

Closed on
Feb 23, 2006
Sold by
Braverman Daniel J
Bought by
Braverman Coralia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ruiz Adolfo Lazaro $2,245,000 None Listed On Document
Braverman Coralia -- None Listed On Document
Braverman Coralia -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Adolfo Lazaro $1,571,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $2,245,000 -10.0% $837 / Sq Ft
02/06/2023 02/06/23 Price Changed $2,495,000 -5.8% $930 / Sq Ft
12/19/2022 12/19/22 Price Changed $2,650,000 -1.5% $988 / Sq Ft
12/03/2022 12/03/22 For Sale $2,690,000 -- $1,003 / 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 $29,487 $1,912,522 -- --
2024 $25,904 $1,912,522 -- --
2023 $25,904 $1,402,516 $0 $0
2022 $20,464 $1,275,015 $0 $0
2021 $20,185 $1,214,300 $0 $0
2020 $19,655 $1,190,480 $0 $0
2019 $21,649 $1,308,000 $0 $0
2018 $20,953 $1,308,326 $0 $0
2017 $25,774 $1,595,520 $0 $0
2016 $25,270 $1,474,748 $0 $0
2015 $24,597 $1,340,680 $0 $0
2014 $21,961 $1,218,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Coralia Braverman

    Seller's Agent in 2023

    Coralia Braverman

    Florida Capital Realty

    (305) 300-3169

    1 in this area

    13 Total Sales

    Coralia Braverman
    Section Image
  • Nancy Batchelor

    Buyer's Agent in 2023

    Nancy Batchelor

    Compass Florida, LLC

    (786) 578-4122

    7 in this area

    396 Total Sales

    Nancy Batchelor
    Section Image

  • M

    Buyer Co-Listing Agent in 2023

    Michelle Shurtleff

    Compass Florida, LLC

    (305) 299-2062

    7 in this area

    82 Total Sales

    Michelle Shurtleff
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11307891

MIAMI REALTORS® MLS

APN: 24-5205-067-0380

Florida Miami/Dade County Key Biscayne 33149

721 Crandon Blvd Unit PH8, Key Biscayne, FL

Not Listed for Sale

Condos

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