NOT LISTED FOR SALE

723 Crandon Blvd Unit 505 Key Biscayne, FL 33149

Estimated Value: $2,167,927 - $2,503,000

3 Beds
3 Baths
2,174 Sq Ft
2002 Built

Highlights

  • Lake Front
  • Fitness Center
  • Built in 2002 | Newly Remodeled
  • Key Biscayne K-8 Center Rated A-
  • Gated with Attendant
  • 2-minute walk to Lake Park

About This Home

As of August 2019

Wonderful and bright apartment in the coveted Ocean Club. Beautifully maintained and has many quality upgrades. Shows great! Super spacious with 2174 sq. ft. and gorgeous lake and garden views! Parking spaces # 35 (covered) and 505 (outside). Enjoy all the Ocean Clubs amenities such as beautiful beach, resort style pools, tennis, restaurants, spa, security, playground. Tenants must consume $1500 in OC restaurants yearly. Very easy to show!

Last Agent to Rent the Property

Daniel Gaviria

Great Properties International LLC License #0591285 Listed on: 06/07/2019

Great Properties International LLC

Co-Listed By

Ana Somarriba

Great Properties International LLC License #0653406

Last Renter's Agent

Ricardo Du Pond

Fortune Christie's Intl R.E. License #3056675

Fortune Christie's Intl R.E.

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2002 | Newly Remodeled

Lot Details

  • Lake Front
  • North Facing Home

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Assigned Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 2,174 Sq Ft Home
  • Blinds
  • L-Shaped Dining Room
  • Lake Views
  • Breakfast Area or Nook

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Porch

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 8/1/19
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-52-05-067-0190

Community Details

Overview

  • No Home Owners Association
  • Club Membership Required
  • Lake Villa One Condo
  • Lake Villa One Condo Subdivision
  • Property has 1 Level

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Security

  • Gated with Attendant

Condo Details

Home Type

Condominium

Year Built

Built in 2002 | Newly Remodeled

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2019-08-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Carport Y N: Yes
  • Co List Office Mls Id: GRTP01
  • Co List Office Phone: 305-365-0711
  • Directions: Crandon to The Ocean Club
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 6
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: Lake Villa One Condo
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Elevator, Walk-In Closet(s)
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 2174
  • Other Equipment: Elevator
  • Stories: 6
  • Window Features: Hurricane Shutters, Blinds
  • Dining Room Features: Breakfast Area, L Shaped Dining

Exterior Features

  • View: Lake
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Direction Faces: North
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Lake Villa One Condo
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached Carport, 2 Spaces, Assigned, Covered

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated with Guard

Condo/Co-op/Association

  • Amenities: Club Membership Required, Clubhouse, Community Pool, Elevator(s), Exercise Room
  • Association: No

Lot Info

  • Parcel Number: 24-52-05-067-0190
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: RU-4A
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Anco Lake Villa 505 Llc
Bought by
Argibay Carol
Current Estimated Value
$2,341,982

Purchase Details

Closed on
Oct 19, 2007
Sold by
Sabbadin Silvia
Bought by
Anco Lake Villa 505

Purchase Details

Closed on
Apr 15, 2003
Sold by
Mchale Henry P and Mchale Maril E
Bought by
Selig Meade John and Sabbadin Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,400
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2002
Sold by
Key Biscayne Ocean Club Lp
Bought by
Mchale Henry P and Mchale Maril E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,100
Interest Rate
6.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Argibay Carol $1,850,000 Adams Gallinar Pa
Anco Lake Villa 505 $1,485,000 Attorney
Selig Meade John $703,000 First American Title Ins Co
Mchale Henry P $685,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Selig Meade John $562,400
Previous Owner Mchale Henry P $541,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Rented $6,500 -7.1% --
07/16/2019 07/16/19 Under Contract -- -- --
06/07/2019 06/07/19 For Rent $7,000 +11.1% --
09/17/2018 09/17/18 Rented $6,300 -7.4% --
06/25/2018 06/25/18 Under Contract -- -- --
05/30/2018 05/30/18 For Rent $6,800 +9.7% --
02/28/2017 02/28/17 Off Market $6,200 -- --
02/17/2017 02/17/17 Price Changed $6,200 -17.3% $3 / Sq Ft
08/05/2016 08/05/16 Price Changed $7,500 -6.3% $3 / Sq Ft
07/28/2016 07/28/16 For Rent $8,000 -- --
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 $24,447 $1,592,322 -- --
2024 $24,099 $1,592,322 -- --
2023 $24,099 $1,545,944 $0 $0
2022 $15,951 $990,990 $0 $0
2021 $15,734 $943,800 $0 $0
2020 $15,583 $943,810 $0 $0
2019 $16,105 $973,000 $0 $0
2018 $17,991 $1,123,357 $0 $0
2017 $21,604 $1,337,330 $0 $0
2016 $21,181 $1,236,099 $0 $0
2015 $20,617 $1,123,727 $0 $0
2014 $18,407 $1,021,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Gaviria

    Landlord's Agent in 2019

    Daniel Gaviria

    Great Properties International LLC

    (305) 582-4800

    21 in this area

    29 Total Sales

    Daniel Gaviria
    Section Image
  • Ana Somarriba

    Landlord's Co-Listing Agent in 2019

    Ana Somarriba

    Great Properties International LLC

    (305) 215-1686

    16 in this area

    24 Total Sales

    Ana Somarriba
    Section Image
  • Ricardo Du Pond

    Tenant's Agent in 2019

    Ricardo Du Pond

    Fortune Christie's Intl R.E.

    (305) 588-7187

    27 Total Sales

    Ricardo Du Pond
    Section Image
  • Grehyni Narvaez

    Buyer's Agent in 2018

    Grehyni Narvaez

    Avanti Way Realty LLC

    (786) 554-8738

    5 in this area

    14 Total Sales

    Grehyni Narvaez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10687433

MIAMI REALTORS® MLS

APN: 24-5205-067-0190

Florida Miami/Dade County Key Biscayne 33149

723 Crandon Blvd Unit 505, Key Biscayne, FL

Not Listed for Sale

Condos

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