NOT LISTED FOR SALE

723 Crandon Blvd Unit PH5 Key Biscayne, FL 33149

Estimated Value: $2,312,239 - $2,593,000

3 Beds
3 Baths
2,174 Sq Ft
$1,360/mo HOA Fee

Last Sold September 27, 2023

Last sale price $2,275,000 $1,046 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $16,805/month

40 Days on Market

Highlights

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

About This Home

As of September 2023

Exquisite penthouse in the Lake Villa One within the prestigious Ocean Club in Key Biscayne, featuring lovely views, lots of natural light, 3 bedrooms , 3 en-suite bathrooms, 2 walk-in closets in master suite, 2 open balconies, direct in-unit elevator access, 2 assigned parking spaces and storage room. The Ocean Club offers unparalleled amenities exclusively to residents and their guests: beach bar & grill, 2 gourmet restaurants, state-of-the-art fitness center, health & fitness spa, beauty salon, youth center, adult-only pool, family pool with jacuzzi, 8 lighted tennis courts, direct beach access with reserved umbrellas & lounge chairs, and more. Don't miss the opportunity to make this exceptional residence your own, and experience the true essence of the place-to-live in Key Biscayne.

Last Agent to Sell the Property

Maraly Caban

EXP Realty LLC License #3396067 Listed on: 07/06/2023

EXP Realty LLC

Co-Listed By

Michael Gebhard

LPT Realty, LLC License #3377795

Last Buyer's Agent

Luis Felipe Vieira De Souza

Compass Florida, LLC License #3018695

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,270

Year Built

  • Built in 2002

Lot Details

  • Lake Front
  • East Facing Home

HOA Fees

  • $1,360 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Lake
  • Skyline

Home Design

  • Penthouse
  • Entry on the 6th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,174 Sq Ft Home
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-067-0350

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • Lake Villa One Condos
  • Lake Villa One Condo Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Intercom to Front Desk
  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,429

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,270

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,360 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Co List Office Mls Id: EXPP01
  • Co List Office Phone: 888-883-8509
  • Entry Level: 6
  • 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: 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, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Elevator, Fire Sprinklers, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Storage
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 2174
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 6
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: LAKE VILLA ONE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Complex Fenced, Elevator Secure, Guard At Site, Intercom In Lobby, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1360
  • Amenities: Clubhouse-Clubroom, Elevator(s), Exercise Room, Storage, Heated Pool, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-067-0350
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 18270

Multi Family

  • Maintenance Expense: 1429

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 25, 2023
Sold by
Lakevilla Holdings Llc
Bought by
Butler Natalya
Seller's Agent
Maraly Caban
EXP Realty LLC
Buyer's Agent
Luis Felipe Vieira De Souza
Compass Florida, LLC
List Price
$2,450,000
Sold Price
$2,275,000
Premium/Discount to List
-$175,000
-7.14%
Views
32
Current Estimated Value
$2,490,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,810
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Dec 28, 2018
Sold by
Brotpark Ltd
Bought by
Lakevilla Holdings Llc

Purchase Details

Closed on
Dec 27, 2007
Sold by
Gomez Fausto B and Gomez Alina M
Bought by
Brotpark Ltd

Purchase Details

Closed on
Jul 18, 2002
Sold by
Key Biscayne Ocean Club Lp
Bought by
Gomez Fausto B and Gomez Alina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
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
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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
Butler Natalya $2,275,000 None Listed On Document
Lakevilla Holdings Llc -- Attorney
Brotpark Ltd $1,500,000 Attorney
Gomez Fausto B $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Fausto B $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold $2,275,000 -7.1% $1,046 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $2,450,000 0.0% $1,127 / Sq Ft
02/11/2022 02/11/22 Rented -- -- --
01/24/2022 01/24/22 For Rent $9,500 +58.3% --
04/18/2017 04/18/17 Rented $6,000 -7.7% --
03/24/2017 03/24/17 For Rent $6,500 -7.1% --
08/24/2015 08/24/15 Rented $7,000 -17.6% --
08/24/2015 08/24/15 For Rent $8,500 -- --
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 $28,110 $1,879,813 -- --
2024 $23,542 $1,826,835 -- --
2023 $23,542 $1,250,634 $0 $0
2022 $18,270 $1,136,940 $0 $0
2021 $18,021 $1,082,800 $0 $0
2020 $17,878 $1,082,840 $0 $0
2019 $19,481 $1,177,000 $0 $0
2018 $19,233 $1,200,914 $0 $0
2017 $22,823 $1,412,840 $0 $0
2016 $22,377 $1,305,896 $0 $0
2015 $21,781 $1,187,179 $0 $0
2014 $19,447 $1,079,254 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maraly Caban

    Seller's Agent in 2023

    Maraly Caban

    EXP Realty LLC

    (305) 510-2667

    3 in this area

    44 Total Sales

    Maraly Caban
    Section Image
  • Michael Gebhard

    Seller Co-Listing Agent in 2023

    Michael Gebhard

    LPT Realty, LLC

    (786) 502-5089

    3 in this area

    27 Total Sales

    Michael Gebhard
    Section Image
  • Luis Felipe Vieira De Souza

    Buyer's Agent in 2023

    Luis Felipe Vieira De Souza

    Compass Florida, LLC

    (305) 851-2820

    1 in this area

    24 Total Sales

    Luis Felipe Vieira De Souza
    Section Image
  • Douglas Kinsley

    Seller's Agent in 2022

    Douglas Kinsley

    Fortune Christie's International Real Estate

    (305) 361-3440

    57 in this area

    65 Total Sales

    Douglas Kinsley
    Section Image
  • Cristina Diez

    Buyer's Agent in 2022

    Cristina Diez

    Great Properties International LLC

    (786) 473-7920

    8 in this area

    32 Total Sales

    Cristina Diez
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Cristian Black

    BHHS EWM Realty

    (305) 361-3440

    32 in this area

    39 Total Sales

    Cristian Black
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11412411

MIAMI REALTORS® MLS

APN: 24-5205-067-0350

Florida Miami/Dade County Key Biscayne 33149

723 Crandon Blvd Unit PH5, Key Biscayne, FL

Not Listed for Sale

Condos

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