NOT LISTED FOR SALE

745 Crandon Blvd Unit 408 Key Biscayne, FL 33149

Estimated Value: $1,906,653 - $2,198,000

2 Beds
2.5 Baths
2,060 Sq Ft
1998 Built

Last Sold August 23, 2023

Last sale price $1,775,000 $862 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $13,113/month

Highlights

  • Bar or Lounge
  • Fitness Center
  • Home fronts a lagoon or estuary
  • Key Biscayne K-8 Center Rated A-
  • Gated with Attendant
  • 4-minute walk to Lake Park

About This Home

As of September 2023

Embrace an active lifestyle surrounded by luxury & security. Spacious, sun-filled unit at The Ocean Club's Lake Villa III with private elevator, 2 parking spots & storage. Situated within a 52-acre gated oceanfront community just minutes from downtown Miami. Conveniently close to top-ranked schools & the shops of Key Biscayne. Two bedrooms, each with ensuite bath, ensure convenience & privacy. Two balconies overlook Ocean Club's picturesque lakes & lush gardens. Living/dining room opens to a large outdoor entertaining area. Kitchen & breakfast area are bright & inviting. Resort-style amenities include eight tennis courts, swimming pools, fitness center, oceanfront restaurants, spa & salon, rec rooms for teens & younger kids, outdoor playground and over 1,000 linear feet of pristine beach.

Last Agent to Rent the Property

Geane Brito

Compass Florida, LLC License #3248757 Listed on: 08/25/2023

Compass Florida, LLC

Last Renter's Agent

Geane Brito

Compass Florida, LLC License #3248757 Listed on: 08/25/2023

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1998

Lot Details

  • Home fronts a lagoon or estuary
  • West Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 2,060 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Lagoon Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Porch

Schools

  • Mast Academy High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 8/23/23
  • More Than 1 Year,12 Months Lease Term
  • Assessor Parcel Number 24-52-05-057-0310

Community Details

Overview

  • Club Membership Required
  • Lake Villa Three Condo
  • Lake Villa Three Condo Subdivision
  • Mandatory Home Owners Association
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse
  • Community Center
  • Bar or Lounge

Recreation

  • Beach Club Membership Available
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Complex Is Fenced
  • Complete Storm Protection

Condo Details

Home Type

Condominium

Year Built

Built in 1998

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2023-08-23
  • Lease Term: More Than 1 Year,12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: LAKE VILLA THREE CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Foyer
  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 2060
  • Window Features: Complete Other Protection, Blinds
  • Bedroom Features: Primary Bath Tub
  • Dining Room Features: Breakfast Area
  • Living Room Features: Foyer

Exterior Features

  • View: Lagoon
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Direction Faces: West
  • Patio And Porch Features: Porch/Balcony, Open Balcony, Patio
  • Pool Features: Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LAKE VILLA THREE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces

Utilities

  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Gated with Guard

Condo/Co-op/Association

  • Amenities: Activity Room, Club Membership Required, Community Pool, Exercise Room, Maintained Community, Spa/Hot Tub
  • Association: No
  • Community Features: Recreation Facilities, Tennis, Bar, Beach Club Member Available, Clubhouse, Pool, Tennis Court(s), Exercise Room, Gated Community, Mandatory Hoa, Sauna, Security Patrol, Whirlpool

Schools

  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-057-0310
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Aug 23, 2023
Sold by
Keith R Grabel Revocable Trust and Mary M Grabel Revocable Trust
Bought by
Zerarka Sabine
Seller's Agent
Geane Brito
Compass Florida, LLC
Buyer's Agent
Geane Brito
Compass Florida, LLC
Sold Price
$8,250
Views
4
Current Estimated Value
$2,108,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,100,690
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Oct 25, 2013
Sold by
Grable Keith and Grabel Mary
Bought by
Grabel Keith R and Grabel Mary M

Purchase Details

Listed on
Feb 4, 2010
Closed on
Aug 23, 2012
Sold by
Lei Monica
Bought by
Grabel Keith and Grabel Mary
Seller's Agent
Jacqueline Gallardo
One Sotheby's International Realty
Buyer's Agent
Carol Fleisher
One Sotheby's International Realty
List Price
$1,165,000
Sold Price
$1,165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2001
Sold by
Jean F Fille M and Jean Maria L
Bought by
Lei Monica

Purchase Details

Closed on
Dec 26, 2000
Sold by
Rolan Holdings Inc
Bought by
Fille Jean F and Fille Maria L

Purchase Details

Closed on
Jan 20, 1999
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Rolan Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.71%
Mortgage Type
New Conventional
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
Zerarka Sabine $1,775,000 South Florida Title Group
Grabel Keith R -- Attorney
Grabel Keith $1,165,000 Union Title Services Inc
Lei Monica $620,000 --
Fille Jean F $554,700 --
Rolan Holdings Inc $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grabel Keith $500,000
Previous Owner Rolan Holdings Inc $340,000
Previous Owner Rolan Holdings Inc $326,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Rented $8,250 -2.9% --
08/25/2023 08/25/23 For Rent $8,500 0.0% --
08/23/2023 08/23/23 Sold $1,775,000 -6.3% $862 / Sq Ft View Prior Sale
08/08/2023 08/08/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $1,895,000 -5.0% $920 / Sq Ft
03/16/2023 03/16/23 For Sale $1,995,000 +71.2% $968 / Sq Ft
08/23/2012 08/23/12 Sold $1,165,000 0.0% $566 / Sq Ft View Prior Sale
07/06/2012 07/06/12 Pending -- -- --
02/03/2010 02/03/10 For Sale $1,165,000 -- $566 / 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 $24,377 $1,548,960 -- --
2024 $24,139 $1,548,960 -- --
2023 $24,139 $1,548,960 $0 $0
2022 $15,587 $968,100 $0 $0
2021 $15,375 $922,000 $0 $0
2020 $15,223 $922,000 $0 $0
2019 $15,260 $922,000 $0 $0
2018 $16,640 $1,039,018 $0 $0
2017 $15,512 $960,275 $0 $0
2016 $18,681 $1,129,735 $0 $0
2015 $18,536 $1,096,830 $0 $0
2014 $17,563 $1,015,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Geane Brito

    Landlord's Agent in 2023

    Geane Brito

    Compass Florida, LLC

    (917) 653-6429

    1 in this area

    127 Total Sales

    Geane Brito
    Section Image
  • Lucia Marin

    Seller's Agent in 2023

    Lucia Marin

    One Sotheby's International Realty

    (786) 325-6800

    18 in this area

    22 Total Sales

    Lucia Marin
    Section Image
  • Jacqueline Gallardo

    Seller's Agent in 2012

    Jacqueline Gallardo

    One Sotheby's International Realty

    (786) 473-3067

    12 in this area

    27 Total Sales

    Jacqueline Gallardo
    Section Image
  • Paola Padovan

    Seller Co-Listing Agent in 2012

    Paola Padovan

    Padovan Realty Corp.

    (305) 915-4044

    6 in this area

    49 Total Sales

    Paola Padovan
    Section Image
  • Carol Fleisher

    Buyer's Agent in 2012

    Carol Fleisher

    One Sotheby's International Realty

    (305) 582-1705

    7 Total Sales

    Carol Fleisher
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11441411

MIAMI REALTORS® MLS

APN: 24-5205-057-0310

Florida Miami/Dade County Key Biscayne 33149

745 Crandon Blvd Unit 408, Key Biscayne, FL

Not Listed for Sale

Condos

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