NOT LISTED FOR SALE

Ocean Tower Two 791 Crandon Blvd Unit 307 Floor 3 Key Biscayne, FL 33149

Estimated Value: $4,140,000 - $4,999,622

4 Beds
5.5 Baths
3,581 Sq Ft
2001 Built

Sale Details

Date Sold: August 1, 2022

Last sale price $4,075,000 $1,138 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $31,609 / mo

357 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Sitting Area In Primary Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 1-minute walk to Beach Park

About This Home

As of August 2022

Unique opportunity to own a newly remodeled, custom-designed 3,600 sqft unit at The Ocean Club's most desirable beachfront building, Ocean Tower Two. Designed by Hinojosa Design Studio, this unit features 4 bedrooms plus staff quarters, 5 1/2 baths, Italian Calacatta marble and chevron oak wood flooring and Italian Arclinea cabinetry with Miele appliances. The Master Bath showcases
floor-to-ceiling Italian Calacatta, a stunning bookmatch marble accent wall and a Boffi tub. Custom oak wood millwork, lighting and central audiovisual system throughout. The unit may also be purchased furnished. The Ocean Club provides luxurious resort-style living: pools, restaurants, gym, spa, salon, playrooms & 8 Har-Tru tennis courts.

Last Agent to Sell the Property

Lucia Marin

One Sotheby's International Realty License #3300654 Listed on: 08/04/2021

One Sotheby's International Realty

Last Buyer's Agent

Antonio Araujo

MMLS Assoc.-Inactive Member License #3405730

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,590

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $1,014 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Garden

Home Design

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

Interior Spaces

  • 3,581 Sq Ft Home
  • Furniture for Sale
  • Built-In Features
  • Plantation Shutters
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Maid or Guest Quarters
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-064-0850

Community Details

Overview

  • 111 Units
  • Club Membership Required
  • High-Rise Community
  • Ocean Tower Two Condos
  • Ocean Tower Two Condo Subdivision
  • 16-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Trash Chute
  • Clubhouse
  • Business Center
  • Community Library
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $8,436

Security

  • Secure Elevator
  • Complete Panel Shutters or Awnings
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,590

Year Built

Built in 2001

Lot Details

0 Sq Ft Lot

HOA Fees

$1,014 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Once you arrive on Key Biscayne, drive south on Crandon Blvd and turn left (east) on the corner of Crandon Blvd & Westwood Drive (the 1st or North Ocean Club security gate).
  • 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: OCEAN TOWER TWO CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Furniture For Sale
  • Living Area: 3581
  • Possible Use: Unknown/Withheld
  • Stories: 16
  • Window Features: Complete Panel Shutters/Awnings, Hurricane Shutters, Blinds, Plantation Shutters
  • Bedroom Features: Entry Level, Sitting Area - Master Bedroom
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View, Ocean View, Pool Area View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Ocean Tower Two
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3042
  • Amenities: Basketball Court, Bike Storage, Business Center, Clubhouse-Clubroom, Exercise Room, Storage, Heated Pool, Library, Child Play Area, Private Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-064-0850
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 29590

Multi Family

  • Maintenance Expense: 8436
  • Number Of Units In Community: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Jul 29, 2022
Sold by
Steven Powel
Bought by
Mb Ocean Club Llc
Seller's Agent
Lucia Marin
One Sotheby's International Realty
Buyer's Agent
Antonio Araujo
MMLS Assoc.-Inactive Member
List Price
$4,600,000
Sold Price
$4,075,000
Premium/Discount to List
-$525,000
-11.41%
Current Estimated Value
$4,733,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,906
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Feb 11, 2015
Sold by
Powel Steven and Powel Susan Keana
Bought by
Powel Steven

Purchase Details

Listed on
Mar 27, 2013
Closed on
Jun 13, 2013
Sold by
Prime Intl Holdings Corporation
Bought by
Powel Steven and Powel Susan Keana
Seller's Agent
Santiago Villegas
Fortune Christie's Intl R.E.
Buyer's Agent
Natalia Anda
Coldwell Banker Realty
List Price
$3,950,000
Sold Price
$3,250,000
Premium/Discount to List
-$700,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$2,999,999
Interest Rate
2.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
Sold by
Caraballo Jorge L and Medinilla Glenda V Perez
Bought by
Prime Intl Holdings Corp

Purchase Details

Closed on
Oct 16, 2008
Sold by
Schor Lisa C and Schor Andrew W
Bought by
Caraballo Jorge L and Medinilla Glenda V Perez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2007
Sold by
Kb Beachfront Llc
Bought by
Schor Lisa C

Purchase Details

Closed on
Sep 7, 2001
Sold by
Key Biscayne Ocean Club Lp
Bought by
Schor Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,485
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mb Ocean Club Llc $4,075,000 Perez Abello Law Pllc
Powel Steven -- Attorney
Powel Steven $3,250,000 Windsor Title Services Inc
Prime Intl Holdings Corp $200,000 Windsor Title Services Inc
Caraballo Jorge L $2,600,000 Attorney
Schor Lisa C -- Attorney
Schor Lisa C $1,020,000 --
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
Previous Owner Powel Steven $2,999,999
Previous Owner Caraballo Jorge L $1,300,000
Previous Owner Schor Lisa C $684,485
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2022 08/01/22 Sold $4,075,000 -0.6% $1,138 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $4,100,000 -3.5% $1,145 / Sq Ft
05/10/2022 05/10/22 Price Changed $4,250,000 -7.6% $1,187 / Sq Ft
08/04/2021 08/04/21 For Sale $4,600,000 0.0% $1,285 / Sq Ft
02/15/2021 02/15/21 Rented $18,000 0.0% --
12/08/2020 12/08/20 Under Contract -- -- --
11/03/2020 11/03/20 For Rent $18,000 0.0% --
06/17/2013 06/17/13 Sold $3,250,000 -17.7% $908 / Sq Ft View Prior Sale
03/27/2013 03/27/13 For Sale $3,950,000 -- $1,103 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $59,708 $3,511,018 -- --
2024 $54,139 $3,731,516 -- --
2023 $54,139 $3,392,288 $0 $0
2022 $39,010 $2,054,800 $0 $0
2021 $30,942 $1,868,000 $0 $0
2020 $30,194 $1,868,000 $0 $0
2019 $30,269 $1,868,000 $0 $0
2018 $35,860 $2,278,587 $0 $0
2017 $41,311 $2,596,493 $0 $0
2016 $41,408 $2,543,089 $0 $0
2015 $42,025 $2,525,412 $0 $0
2014 $42,662 $2,505,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucia Marin

    Seller's Agent in 2022

    Lucia Marin

    One Sotheby's International Realty

    (786) 325-6800

    16 in this area

    21 Total Sales

    Lucia Marin
    Section Image

  • A

    Buyer's Agent in 2022

    Antonio Araujo

    MMLS Assoc.-Inactive Member

    Section Image
  • Dolores Urdapilleta

    Buyer's Agent in 2021

    Dolores Urdapilleta

    Urdapilleta Real Estate, LLC

    (305) 790-9946

    60 in this area

    107 Total Sales

    Dolores Urdapilleta
    Section Image
  • Santiago Villegas

    Seller's Agent in 2013

    Santiago Villegas

    Fortune Christie's Intl R.E.

    (786) 351-5928

    3 Total Sales

    Santiago Villegas
    Section Image
  • Monica Defortuna

    Seller Co-Listing Agent in 2013

    Monica Defortuna

    Fortune Christie's Intl R.E.

    (305) 393-2191

    1 in this area

    90 Total Sales

    Monica Defortuna
    Section Image
  • Natalia Anda

    Buyer's Agent in 2013

    Natalia Anda

    Coldwell Banker Realty

    (305) 298-2186

    11 in this area

    22 Total Sales

    Natalia Anda
    Section Image
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About Ocean Tower Two

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11078779

MIAMI REALTORS® MLS

APN: 24-5205-064-0850

Florida Miami/Dade County Key Biscayne 33149

791 Crandon Blvd Unit 307, 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.

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