RENTED JUN 15, 2025

731 Crandon Blvd Unit 407 Key Biscayne, FL 33149

Estimated Value: $2,095,000 - $2,486,000

3 Beds
3 Baths
2,220 Sq Ft
1996 Built

Highlights

  • Ocean Front
  • Bar or Lounge
  • In Ground Pool
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 4-minute walk to Lake Park

About This Home

As of June 2025

Experience resort-style living in this 3-bed, 3-bath +den residence in Lake Villa 2 at the Ocean Club Key Biscayne. Residence offers a flexible and comfortable floor plan with: high ceilings, marble/wood floors, Views to lake, fountain,& lush gardens. Private elevator opens to your foyer, leading to a bright living/dining area .The versatile den —ideal as a home office, media room, guest space, or formal dining area. The primary suite features expansive space, serene views, walk-in closets, spa bath, an a bright kitchen space w/ breakfast nook. Enjoy all resort-style amenities, including a private beach club, pools, full-service spa, state-of-the-art fitness center, tennis and paddle courts, gourmet dining, and more—all within a securenity. Lease includes 2 parking spaces- Call Today!

Last Agent to Rent the Property

Martha Caveiro

Coldwell Banker Realty License #0659698 Listed on: 04/29/2025

Coldwell Banker Realty

Last Renter's Agent

Martha Caveiro

Coldwell Banker Realty License #0659698 Listed on: 04/29/2025

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Split Level Home
  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,220 Sq Ft Home
  • Property has 1 Level
  • Furniture for Sale
  • Blinds
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Lake Views
  • Intercom Access

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Property has ocean access
  • Porch

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 6/1/25
  • 12 Months Lease Term
  • Assessor Parcel Number 24-52-05-050-0300

Community Details

Overview

  • No Home Owners Association
  • Club Membership Available
  • Lake Villa Two Condo
  • Lake Villa Two Condo Subdivision
  • The community has rules related to no trucks or trailers

Amenities

  • Clubhouse
  • Bar or Lounge

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Gated Community
  • Complete Storm Protection

Condo Details

Home Type

Condominium

Year Built

Built in 1996

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-06-01
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry, Split Level
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: LAKE VILLA TWO CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator, Entrance Foyer, Other, Split Bedroom, Walk-In Closet(s), Family Room
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Furniture For Sale
  • Living Area: 2220
  • Other Equipment: Elevator, Intercom
  • Spa Features: Community
  • Stories: 1
  • Window Features: Complete Other Protection, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Family Room

Exterior Features

  • View: Lake
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Porch
  • Pool Features: Automatic Chlorination, In Ground, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake, Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Bar, Child Play Area, Exercise Room, Other
  • Association: No
  • Community Features: Additional Amenities, Gated, Clubhouse, Pool, Tennis Court(s), Exercise Room, Gated Community, Other Membership Available, Paved Road, Private Roads, Security Patrol, Sidewalks, Spa/Hot Tub, Street Lights, Underground Utilities, Whirlpool

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-05-050-0300
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2011
Sold by
Yorkton International Inc
Bought by
Ramon Ernesto
Current Estimated Value
$2,251,142

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
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2003
Sold by
Welch Jorge and Radic Danica
Bought by
Yorkton International Inc

Purchase Details

Closed on
Jul 17, 2002
Sold by
David 199 S Gardner I
Bought by
Edward Biscayne/Co Llc

Purchase Details

Closed on
Jun 28, 2000
Sold by
Padilla Basilio
Bought by
Gardner David

Purchase Details

Closed on
Jun 16, 1999
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Welch Jorge and Radic Danica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1998
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Padilla Basilio
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
Ramon Ernesto $1,000,100 Attorney
Yorkton International Inc $600,000 --
Edward Biscayne/Co Llc -- --
Gardner David $360,000 --
Welch Jorge $460,000 --
Padilla Basilio $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramon Ernesto $500,000
Previous Owner Padilla Basilio $323,000
Previous Owner Padilla Basilio $322,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2025 06/15/25 Rented $11,500 -11.5% --
06/13/2025 06/13/25 Under Contract -- -- --
04/29/2025 04/29/25 For Rent $13,000 -- --
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 $25,405 $1,653,429 -- --
2024 $19,453 $1,653,429 -- --
2023 $19,453 $1,002,078 $0 $0
2022 $14,679 $910,980 $0 $0
2021 $14,480 $867,600 $0 $0
2020 $14,324 $867,600 $0 $0
2019 $15,956 $964,000 $0 $0
2018 $18,896 $1,179,872 $0 $0
2017 $21,178 $1,310,969 $0 $0
2016 $19,707 $1,191,790 $0 $0
2015 $19,277 $1,098,716 $0 $0
2014 $18,360 $998,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Martha Caveiro

    Landlord's Agent in 2025

    Martha Caveiro

    Coldwell Banker Realty

    (305) 753-2831

    3 in this area

    27 Total Sales

    Martha Caveiro
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11793132

MIAMI REALTORS® MLS

APN: 24-5205-050-0300

Florida Miami/Dade County Key Biscayne 33149

731 Crandon Blvd Unit 407, Key Biscayne, FL

Not Listed for Sale

Condos

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