NOT LISTED FOR SALE

723 Crandon Blvd Unit PH6 Key Biscayne, FL 33149

Estimated Value: $2,502,529 - $2,869,000

3 Beds
3 Baths
2,497 Sq Ft
$1,359/mo HOA Fee

Last Sold August 11, 2023

Last sale price $2,325,000 $931 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $18,146/month

69 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Heated Community Pool
  • Key Biscayne K-8 Center Rated A-
  • Garden View
  • 2-minute walk to Lake Park

About This Home

As of August 2023

Three bedrooms, Three bath , 2500 sq. ft. apartment. City Views, Floor to ceiling windows in the kitchen & master bedroom. Available 6/15/23.

Last Agent to Sell the Property

Douglas Kinsley

Fortune Christie's International Real Estate License #0372853 Listed on: 04/17/2023

Fortune Christie's International Real Estate

Last Buyer's Agent

Mary Jo Pinedo

Compass Florida, LLC License #3254802

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,050

Year Built

  • Built in 2002

HOA Fees

  • $1,359 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 2,497 Sq Ft Home
  • Formal Dining Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-067-0360

Community Details

Overview

  • Mid-Rise Condominium
  • The Ocean Club Condos
  • Lake Villa One Condo Subdivision
  • Car Wash Area
  • 6-Story Property

Amenities

  • Trash Chute
  • Community Center
  • Party Room
  • Bike Room
  • Elevator

Recreation

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

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $4,900

Security

  • Card or Code Access
  • Walled

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,050

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,359 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 6
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach 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: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2497
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 6
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining

Exterior Features

  • View: Garden View, Other View
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Ocean Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Card Entry, Other, Walled

Condo/Co-op/Association

  • Association Fee: 4078
  • Amenities: Basketball Court, Bike Storage, Community Room, Elevator(s), Exercise Room, Heated Pool, Other, Child Play Area, Pool, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-067-0360
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 21050

Multi Family

  • Maintenance Expense: 4900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jul 15, 2023
Sold by
Paddenton Llc
Bought by
Viribus 2021 Trust and Spinelli
Seller's Agent
Douglas Kinsley
Fortune Christie's International Real Estate
Buyer's Agent
Mary Jo Pinedo
Compass Florida, LLC
List Price
$2,500,000
Sold Price
$2,325,000
Premium/Discount to List
-$175,000
-7%
Views
10
Current Estimated Value
$2,701,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,132
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Nov 30, 2009
Sold by
Ruiz Francisco R and Ruiz Lucy
Bought by
Paddenton Llc

Purchase Details

Closed on
Jul 23, 2002
Sold by
Key Biscayne Ocean Club Lp
Bought by
Ruiz Francisco R and Ruiz Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
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
Viribus 2021 Trust $2,325,000 None Listed On Document
Paddenton Llc $1,365,000 Attorney
Ruiz Francisco R $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Francisco R $56,000
Previous Owner Ruiz Francisco R $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $2,325,000 -7.0% $931 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $2,500,000 0.0% $1,001 / Sq Ft
09/10/2021 09/10/21 Rented $8,800 0.0% --
08/30/2021 08/30/21 Under Contract -- -- --
07/27/2021 07/27/21 For Rent $8,800 +57.1% --
01/14/2019 01/14/19 Rented $5,600 -17.6% --
01/14/2019 01/14/19 Under Contract -- -- --
06/13/2018 06/13/18 For Rent $6,800 -- --
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 $30,953 $2,066,195 -- --
2024 $26,632 $1,967,805 -- --
2023 $26,632 $1,443,057 $0 $0
2022 $21,050 $1,311,870 $0 $0
2021 $20,762 $1,249,400 $0 $0
2020 $20,627 $1,249,360 $0 $0
2019 $22,477 $1,358,000 $0 $0
2018 $21,750 $1,358,090 $0 $0
2017 $24,987 $1,546,800 $0 $0
2016 $24,499 $1,429,719 $0 $0
2015 $23,846 $1,299,745 $0 $0
2014 $21,290 $1,181,587 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11372722

MIAMI REALTORS® MLS

APN: 24-5205-067-0360