731 Crandon Blvd Unit 507 Key Biscayne, FL 33149
Village of Key Biscayne Neighborhood
3
Beds
3
Baths
2,220
Sq Ft
$1,484/mo
HOA Fee
Highlights
- Lake Front
- Intercom to Front Desk
- Clubhouse
- Fitness Center
- Senior Community
- 4-minute walk to Lake Park
About This Home
As of September 2023Stunning 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
Vantage Real Estate LLC License #3291732 Listed on: 02/16/2023
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
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%
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
5.18%
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
Similar Homes in Key Biscayne, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,000,000 | Title Partners | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $1,125,000 | Attorney | |
| Warranty Deed | $1,105,000 | -- | |
| Warranty Deed | $730,000 | -- | |
| Deed | $455,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $674,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $718,250 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $884,000 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $563,000 | Unknown | |
| Previous Owner | $200,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $2,598,900 | 0.0% | $1,171 / Sq Ft |
| 03/17/2025 03/17/25 | Off Market | $2,598,900 | -- | -- |
| 02/12/2025 02/12/25 | Price Changed | $2,598,900 | -1.9% | $1,171 / Sq Ft |
| 11/21/2024 11/21/24 | For Sale | $2,649,900 | +32.5% | $1,194 / Sq Ft |
| 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
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
-
Seller's Agent in 2024
The Paiz Group
BHHS EWM Realty
(954) 493-1069
2 in this area
52 Total Sales
-
K
Seller Co-Listing Agent in 2024
Karen Paiz
EWM Realty International
-
Seller's Agent in 2023
Lucas Boccheciampe
Vantage Real Estate LLC
(305) 495-3865
6 in this area
21 Total Sales
-
A
Seller Co-Listing Agent in 2023
Ana Viteri
Vantage Real Estate LLC
(305) 504-2791
2 in this area
5 Total Sales
-
F
Buyer's Agent in 2023
Fernando Paiz
Esslinger Wooten Maxwell Inc
-
Seller's Agent in 2012
M. Ginette Orozco
Coldwell Banker Realty
(305) 218-7747
12 in this area
14 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11338134
APN: 24-5205-050-0310
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