NOT LISTED FOR SALE

727 Crandon Blvd Unit PH1 Key Biscayne, FL 33149

Estimated Value: $2,452,388 - $3,003,000

4 Beds
3 Baths
2,667 Sq Ft
$852/mo HOA Fee

Last Sold September 17, 2019

Last sale price $1,475,000 $553 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $17,649/month

177 Days on Market

Highlights

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

About This Home

As of September 2019

Perfect home for large family presently rented to family with 4 children, 4th bedroom also ideal as Den/Media room. Almost 2,700 square feet with large private terrace facing the Bay with superb sunsets. The two dedicated parking spaces are adjacent to the lobby elevator. Air conditioned storage and bike room at garage level. Enjoy all the amenities of the Ocean Club ideal for children and adults of all ages. Tenants are available to purchaser or will leave within 75 days. See broker remarks for showings.

Last Agent to Sell the Property

Christopher Blackman

Brown Harris Stevens License #0165365 Listed on: 02/11/2019

Brown Harris Stevens

Last Buyer's Agent

Claudine Coto

One Sotheby's International Realty License #3223767

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,725

Year Built

  • Built in 2002

HOA Fees

  • $852 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Home Design

  • Penthouse
  • Entry on the 4th floor
  • Stucco Exterior
  • Piling Construction

Interior Spaces

  • 2,667 Sq Ft Home
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Water Softener is Owned

Additional Features

  • Accessible Elevator Installed
  • Lake Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-067-0310

Community Details

Overview

  • Club Membership Required
  • Lake Villa One Condo
  • Lake Villa One Condo Subdivision
  • The community has rules related to no trucks or trailers
  • 5-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Clubhouse
  • Community Kitchen
  • Business Center
  • Bar or Lounge
  • Intercom to Front Desk
  • Lobby
  • Bike Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,331

Security

  • Private Guards
  • Secure Elevator
  • Complete Accordion Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,725

Year Built

Built in 2002

Lot Details

0

HOA Fees

$852 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 4
  • 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: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer, Water Softener Owned
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Elevator, Fire Sprinklers, Entrance Foyer, Laundry Tub, Den/Library/Office, Family Room, Great Room
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 2667
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • 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: Den/Library/Office, Family Room, Great Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: Piling Construction, Stucco
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Piling Construction
  • View: Yes
  • Waterfront Features: Lake, Ocean Access
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Elevator Secure, Intercom In Lobby, Private Guards

Condo/Co-op/Association

  • Association Fee: 2555
  • Amenities: Bar, Basketball Court, Bike Storage, Business Center, Clubhouse-Clubroom, Heated Pool, Kitchen Facilities, Other, Child Play Area, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 24-52-05-067-0310
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 20725

Multi Family

  • Maintenance Expense: 1331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Sep 17, 2019
Sold by
Blackman Christopher J and Blackman Lesa G
Bought by
Freshbrook Group Ltd
Seller's Agent
Christopher Blackman
Brown Harris Stevens
Buyer's Agent
Claudine Coto
One Sotheby's International Realty
List Price
$1,750,000
Sold Price
$1,475,000
Premium/Discount to List
-$275,000
-15.71%
Current Estimated Value
$2,777,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,302,597
Avg. Annual Appreciation
10.66%
Original Mortgage
$1,032,500
Outstanding Balance
$902,524
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,875,073

Purchase Details

Closed on
Jul 16, 2002
Sold by
Key Biscayne Ocean Club Lp
Bought by
Blackman Christophe J and Blackman Lesa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.75%
Mortgage Type
New Conventional
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
Freshbrook Group Ltd $1,475,000 Attorney
Blackman Christophe J $517,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freshbrook Group Ltd $1,032,500
Previous Owner Blackman Christophe J $150,000
Previous Owner Blackman Christophe J $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2019 09/17/19 Sold $1,475,000 -7.5% $553 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
05/30/2019 05/30/19 Price Changed $1,595,000 -1.8% $598 / Sq Ft
05/06/2019 05/06/19 Price Changed $1,625,000 -4.1% $609 / Sq Ft
03/11/2019 03/11/19 Price Changed $1,695,000 -3.1% $636 / Sq Ft
02/04/2019 02/04/19 For Sale $1,750,000 -- $656 / 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 $26,247 $1,663,781 -- --
2024 $25,399 $1,512,529 -- --
2023 $25,399 $1,375,027 $0 $0
2022 $20,067 $1,250,025 $0 $0
2021 $19,793 $1,190,500 $0 $0
2020 $19,655 $1,190,480 $0 $0
2019 $21,418 $1,294,000 $0 $0
2018 $20,725 $1,294,082 $0 $0
2017 $24,594 $1,522,450 $0 $0
2016 $12,898 $818,924 $0 $0
2015 $13,089 $813,232 $0 $0
2014 $13,287 $806,778 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Blackman

    Seller's Agent in 2019

    Christopher Blackman

    Brown Harris Stevens

    (305) 510-0035

    5 in this area

    5 Total Sales

    Christopher Blackman
    Section Image
  • Claudine Coto

    Buyer's Agent in 2019

    Claudine Coto

    One Sotheby's International Realty

    (305) 389-6229

    46 in this area

    47 Total Sales

    Claudine Coto
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10612192

MIAMI REALTORS® MLS

APN: 24-5205-067-0310

Florida Miami/Dade County Key Biscayne 33149

727 Crandon Blvd Unit PH1, Key Biscayne, FL

Not Listed for Sale

Condos

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