NOT LISTED FOR SALE

731 Crandon Blvd Unit 507 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $2,171,331 - $2,573,000

3 Beds
3 Baths
2,220 Sq Ft
$1,484/mo HOA Fee

Last Sold September 06, 2023

Last sale price $2,000,000 $901 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $16,560/month

175 Days on Market

Highlights

  • Lake Front
  • Intercom to Front Desk
  • Clubhouse
  • Fitness Center
  • Senior Community
  • 4-minute walk to Lake Park

About This Home

As of September 2023

Stunning 3-bedroom, 3-bathroom residence in the desirable Lake Villa 2 building at The Ocean Club in Key Biscayne offers a luxurious and comfortable lifestyle. With a beautifully renovated kitchen and living room with a modern home office, this home exudes sophistication and style. The unit is flooded with natural light and offers breathtaking views, creating a serene and tranquil atmosphere. Whether you're relaxing in the spacious living room or enjoying the ocean breeze from the balcony, this is the perfect place to call home.
Two Special Assessments that end in October of 2026.
SA #1 Total amount to be paid by this unit: $53,732.64
SA #2 Total amount to be paid by this unit: $15,935.37
This unit is currently paying quarterly for both
$2066.64 (quarterly) and $995.96 (quarterly)

Last Agent to Sell the Property

Lucas Boccheciampe

Vantage Real Estate LLC License #3291732 Listed on: 02/16/2023

Co-Listed By

Ana Viteri

Vantage Real Estate LLC License #3363403

Last Buyer's Agent

Fernando Paiz

Esslinger Wooten Maxwell Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,829

Year Built

  • Built in 1996

HOA Fees

  • $1,484 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,220 Sq Ft Home
  • Built-In Features
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Marble
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-050-0310

Community Details

Overview

  • Senior Community
  • Club Membership Required
  • Mid-Rise Condominium
  • The Ocean Club Condos
  • Lake Villa Two Condo Subdivision
  • 7-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Community Center
  • Party Room
  • Community Library
  • Intercom to Front Desk

Recreation

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

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,880

Security

  • Security Service
  • Card or Code Access
  • Phone Entry
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,829

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,484 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: VAGE01
  • Co List Office Phone: 305-495-3865
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LAKE VILLA TWO 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, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, Elevator, Fire Sprinklers, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble, Vinyl
  • Furnished: Unfurnished
  • Living Area: 2220
  • Possible Use: Unknown/Withheld
  • Stories: 7
  • Bedroom Features: Entry Level

Exterior Features

  • View: Lake, Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Card Entry, Phone Entry, Intercom In Lobby, Security Patrol

Condo/Co-op/Association

  • Association Fee: 4451
  • Amenities: Clubhouse-Clubroom, Community Room, Exercise Room, Library, Child Play Area, Pool, Private Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-050-0310
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2880

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14829

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Sep 1, 2023
Sold by
Aoun Jose M and Aoun Erika
Bought by
Nipotini Invest Llc
Seller's Agent
Lucas Boccheciampe
Vantage Real Estate LLC
Buyer's Agent
Fernando Paiz
Esslinger Wooten Maxwell Inc
List Price
$2,299,000
Sold Price
$2,000,000
Premium/Discount to List
-$299,000
-13.01%
Views
141
Current Estimated Value
$2,439,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,833
Avg. Annual Appreciation
10.69%

Purchase Details

Closed on
Sep 18, 2018
Sold by
Aoun Jose M
Bought by
Aoun Jose M and Ayala Erika

Purchase Details

Listed on
Dec 12, 2011
Closed on
Mar 1, 2012
Sold by
Bellamy Donald K and Bellamy Andrea
Bought by
Aoun Jose M
Seller's Agent
M. Ginette Orozco
Coldwell Banker Realty
Buyer's Agent
Jo Ann Mathison
Charles Rutenberg Realty FTL
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$718,250
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2005
Sold by
Pena Investments Llc
Bought by
Bellamy Donald K and Bellamy Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$884,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2004
Sold by
Testa Marco A and Testa Marisa R
Bought by
Pena Investments Llc

Purchase Details

Closed on
Oct 27, 1997
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Testa Marco A and Testa Marisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nipotini Invest Llc $2,000,000 Title Partners
Aoun Jose M -- Attorney
Aoun Jose M $1,125,000 Attorney
Bellamy Donald K $1,105,000 --
Pena Investments Llc $730,000 --
Testa Marco A $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mezerhane Jose Mashud Aoun $674,000
Previous Owner Aoun Jose M $718,250
Previous Owner Bellamy Donald K $884,000
Previous Owner Testa Marco A $50,000
Previous Owner Testa Marco A $563,000
Previous Owner Testa Marco A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $2,000,000 -4.7% $901 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $2,099,000 -4.5% $945 / Sq Ft
04/20/2023 04/20/23 Price Changed $2,199,000 -4.3% $991 / Sq Ft
02/16/2023 02/16/23 For Sale $2,299,000 +83.9% $1,036 / Sq Ft
03/08/2012 03/08/12 Sold $1,250,000 0.0% $563 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $1,250,000 -- $563 / 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 $26,289 $1,670,581 -- --
2024 $19,652 $1,670,581 -- --
2023 $19,652 $1,012,473 $0 $0
2022 $14,829 $920,430 $0 $0
2021 $14,628 $876,600 $0 $0
2020 $14,473 $876,600 $0 $0
2019 $16,121 $974,000 $0 $0
2018 $19,418 $1,212,433 $0 $0
2017 $21,762 $1,347,148 $0 $0
2016 $20,251 $1,224,680 $0 $0
2015 $19,809 $1,129,038 $0 $0
2014 $18,866 $1,026,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucas Boccheciampe

    Seller's Agent in 2023

    Lucas Boccheciampe

    Vantage Real Estate LLC

    (305) 495-3865

    6 in this area

    21 Total Sales

    Lucas Boccheciampe
    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Ana Viteri

    Vantage Real Estate LLC

    (305) 504-2791

    2 in this area

    5 Total Sales

    Ana Viteri
    Section Image

  • F

    Buyer's Agent in 2023

    Fernando Paiz

    Esslinger Wooten Maxwell Inc

  • The Paiz Group

    Buyer's Agent in 2023

    The Paiz Group

    BHHS EWM Realty

    (954) 493-1069

    2 in this area

    50 Total Sales

    The Paiz Group
    Section Image
  • M. Ginette Orozco

    Seller's Agent in 2012

    M. Ginette Orozco

    Coldwell Banker Realty

    (305) 218-7747

    13 in this area

    15 Total Sales

    M. Ginette Orozco
    Section Image

  • J

    Buyer's Agent in 2012

    Jo Ann Mathison

    Charles Rutenberg Realty FTL

    (800) 531-5104

    19 Total Sales

    Jo Ann Mathison
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11338134

MIAMI REALTORS® MLS

APN: 24-5205-050-0310

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

731 Crandon Blvd Unit 507, Key Biscayne, FL

This home is located at 731 Crandon Blvd Unit 507, Key Biscayne, FL 33149 since 16 February 2023 and is currently estimated at $2,439,833, approximately $1,099 per square foot. This property was built in 1996. 731 Crandon Blvd Unit 507 is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes