NOT LISTED FOR SALE

Lake Tower 765 Crandon Blvd Unit 311 Floor 3 Key Biscayne, FL 33149

Estimated Value: $2,501,909 - $3,104,000

3 Beds
3 Baths
2,602 Sq Ft
2002 Built

Sale Details

Date Sold: June 26, 2024

Last sale price $2,415,000 $928 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $18,164 / mo

54 Days on Market

Highlights

  • Valet Parking
  • Lake Front
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 1-minute walk to Beach Park

About This Home

As of June 2024

The best priced three-bedroom unit at the Ocean Club , Located just steps from the beach, the residence is spacious and inviting, featuring marble floors throughout, two large terraces and an attractive view of the lake & tropical landscape. Ocean Club’s Lake Tower is a boutique full-service building with added convenience including: private elevator foyer, 24h concierge, on-site manager, valet parking, two designated parking spaces, and secured bike & storage rooms under AC. The Ocean Club offers resort-style family living with a private & newly remodeled Beach Club, poolside restaurants, fitness center, spa & beauty salon, Tennis Club, Youth Center, children’s playground & more!

Last Agent to Sell the Property

Claudine Coto

One Sotheby's International Realty License #3223767 Listed on: 04/17/2024

One Sotheby's International Realty

Last Buyer's Agent

Jacqueline Gallardo

One Sotheby's International Realty License #3165123

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,043

Year Built

  • Built in 2002

Lot Details

  • Lake Front
  • Northeast Facing Home

HOA Fees

  • $1,462 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Property Views

  • Garden

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,602 Sq Ft Home
  • Built-In Features
  • Blinds
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-068-0570

Community Details

Overview

  • 76 Units
  • Club Membership Required
  • High-Rise Community
  • The Ocean Club Condos
  • Lake Tower Condo Subdivision
  • 16-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $3,299

Security

  • Security Guard
  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,043

Year Built

Built in 2002

Lot Details

0 Sq Ft Lot

HOA Fees

$1,462 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 3
  • 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 Tower Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Washer
  • Interior Amenities: Built-in Features, Elevator, Maid/In-Law Quarters
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2602
  • Possible Use: Unknown/Withheld
  • Stories: 16
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: Maid/In-Law Quarters
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View, Lake
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Ocean Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Guest, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1462
  • Amenities: Barbecue, Child Play Area, Clubhouse-Clubroom, Community Room, Exercise Room, Other, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-068-0570
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 24043

Multi Family

  • Maintenance Expense: 3299
  • Number Of Units In Community: 76

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 27, 2024
Sold by
Bought by
Seller's Agent
Claudine Coto
One Sotheby's International Realty
Buyer's Agent
Jacqueline Gallardo
One Sotheby's International Realty
List Price
$2,595,000
Sold Price
$2,415,000
Premium/Discount to List
-$180,000
-6.94%
Views
34
Current Estimated Value
$2,656,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,227
Avg. Annual Appreciation
4.93%
Original Mortgage
$1,932,000
Outstanding Balance
$1,909,101
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$747,126

Purchase Details

Listed on
Jul 18, 2018
Closed on
Jul 9, 2019
Sold by
Bought by
Seller's Agent
Soledad Carreiro
Urdapilleta Real Estate, LLC
Buyer's Agent
Claudine Coto
One Sotheby's International Realty
List Price
$1,680,000
Sold Price
$1,500,000
Premium/Discount to List
-$180,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$1,125,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2013
Closed on
Apr 16, 2013
Sold by
Bought by
Seller's Agent
Carlos Coto
One Sotheby's International Realty
Buyer's Agent
Carlos Coto
One Sotheby's International Realty
List Price
$1,595,000
Sold Price
$1,525,000
Premium/Discount to List
-$70,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.26%
Original Mortgage
$1,143,750
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,415,000 Marina Title
$1,500,000 Attorney
$1,525,000 Attorney
$1,375,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,932,000
Previous Owner $1,125,000
Previous Owner $1,143,750
Previous Owner $962,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2024 06/26/24 Sold $2,415,000 -6.9% $928 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $2,595,000 0.0% $997 / Sq Ft
12/31/2022 12/31/22 Off Market $12,500 -- --
12/15/2022 12/15/22 Rented $14,000 +12.0% --
07/25/2022 07/25/22 Price Changed $12,500 -10.7% $5 / Sq Ft
06/29/2022 06/29/22 For Rent $14,000 +47.4% --
07/15/2021 07/15/21 For Rent $9,500 -9.5% --
06/01/2021 06/01/21 Rented $10,500 +10.5% --
04/20/2021 04/20/21 Off Market $9,500 -- --
12/21/2020 12/21/20 For Rent $9,500 0.0% --
07/12/2019 07/12/19 Sold $1,500,000 -10.7% $576 / Sq Ft View Prior Sale
07/08/2019 07/08/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $1,680,000 0.0% $646 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $1,680,000 -3.7% $646 / Sq Ft
03/06/2019 03/06/19 Price Changed $1,745,000 -3.1% $671 / Sq Ft
09/07/2018 09/07/18 Price Changed $1,800,000 -3.7% $692 / Sq Ft
07/18/2018 07/18/18 For Sale $1,870,000 +22.6% $719 / Sq Ft
04/16/2013 04/16/13 Sold $1,525,000 -4.4% $586 / Sq Ft View Prior Sale
03/04/2013 03/04/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $1,595,000 -- $613 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $28,260 $1,899,712 -- --
2024 $24,043 $1,613,571 -- --
2023 $24,043 $1,466,883 $0 $0
2022 $21,793 $1,333,530 $0 $0
2021 $20,152 $1,212,300 $0 $0
2020 $20,015 $1,212,300 $0 $0
2019 $22,093 $1,374,000 $0 $0
2018 $22,636 $1,452,903 $0 $0
2017 $22,355 $1,423,020 $0 $0
2016 $22,403 $1,393,752 $0 $0
2015 $22,736 $1,384,064 $0 $0
2014 $23,080 $1,373,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Claudine Coto

    Seller's Agent in 2024

    Claudine Coto

    One Sotheby's International Realty

    (305) 389-6229

    40 Total Sales

    Claudine Coto
    Section Image
  • Jacqueline Gallardo

    Buyer's Agent in 2024

    Jacqueline Gallardo

    One Sotheby's International Realty

    (786) 473-3067

    23 Total Sales

    Jacqueline Gallardo
    Section Image

  • M

    Seller's Agent in 2022

    Monica Penagos

    One Sotheby's International Realty

    (786) 356-6157

    3 Total Sales

    Monica Penagos
    Section Image
  • Christopher Blackman

    Buyer's Agent in 2022

    Christopher Blackman

    Brown Harris Stevens

    (305) 510-0035

    3 Total Sales

    Christopher Blackman
    Section Image

  • S

    Seller's Agent in 2019

    Soledad Carreiro

    Urdapilleta Real Estate, LLC

    (305) 546-8879

    7 Total Sales

    Soledad Carreiro
    Section Image
  • Carlos Coto

    Seller's Agent in 2013

    Carlos Coto

    One Sotheby's International Realty

    (305) 803-3059

    20 Total Sales

    Carlos Coto
    Section Image
See All Agents

About Lake Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11570661

MIAMI REALTORS® MLS

APN: 24-5205-068-0570

Florida Miami/Dade County Key Biscayne 33149

765 Crandon Blvd Unit 311, Key Biscayne, FL

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.

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