NOT LISTED FOR SALE

Ocean Tower Two 791 Crandon Blvd Unit 506 Floor 5 Key Biscayne, FL 33149

Key Biscayne Area

Estimated Value: $3,707,000 - $4,835,000

3 Beds
4.5 Baths
3,084 Sq Ft
2001 Built

Sale Details

Date Sold: November 15, 2021

Last sale price $3,300,000 $1,070 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $27,420 / mo

20 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean Front
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 1-minute walk to Beach Park

About This Home

As of November 2021

Fabulous ocean front unit with direct ocean view. Spacious 3 beds, 4.5 baths, plus staff quarters. Professionally decorated by Artefacto, this sophisticated unit is being offered turnkey, all high end designer furniture included. Two oversized balconies with ocean views, three assigned parking spaces, and storage room. Enjoy The Ocean Club's luxurious resort-style living with beachfront pools, restaurants, world class fitness center and spa, salon, eight tennis courts, playroom, playground, and much more.

Last Agent to Sell the Property

Roberta Fittipaldi

United Realty Group, Inc License #3198732 Listed on: 09/29/2021

United Realty Group, Inc

Last Buyer's Agent

Claudine Coto

One Sotheby's International Realty License #3223767

Range of Values:

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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,910

Year Built

  • Built in 2001

Lot Details

  • Ocean Front

HOA Fees

  • $975 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Assigned Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 3,084 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Security System

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property has ocean access
  • Beach Access
  • Open Patio
  • Outdoor Living Area

Utilities

  • Cooling Available
  • Heating Available
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2452050640730

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, maintenance structure, sewer, security, trash, water
  • Ocean Tower Two Condo Subdivision
  • Maintained Community
  • 15-Story Property

Amenities

  • Sauna
  • Community Library
  • Bike Room
  • Community Storage Space

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,910

Year Built

Built in 2001

Lot Details

0 Sq Ft Lot

HOA Fees

$975 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2001
  • Entry Level: 5
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Bedroom on Main Level, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Kitchen Island, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Tile, Wood
  • Living Area: 3084.0
  • Stories: 15
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Ocean
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Beach Access, Deeded Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Open, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered

Utilities

  • Security: Security System, Elevator Secured, Key Card Entry, Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 2925.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Maintenance Grounds, Library, Playground, Pool, Sauna, Spa/Hot Tub, Storage, Tennis Court(s), Trash
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium
  • MembershipFee: 8000.0

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 2452050640730
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 28910.0

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
Sep 29, 2021
Closed on
Nov 15, 2021
Sold by
Ocean 506 Holdings Llc
Bought by
Seller's Agent
Roberta Fittipaldi
United Realty Group, Inc
Buyer's Agent
Claudine Coto
One Sotheby's International Realty
List Price
$3,600,000
Sold Price
$3,300,000
Premium/Discount to List
-$300,000
-8.33%
Current Estimated Value
$4,276,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$976,315
Avg. Annual Appreciation
5.55%

Purchase Details

Listed on
Dec 14, 2017
Closed on
Mar 14, 2018
Sold by
Corpstate Financial Inc
Bought by
Ocean 506 Holdings Llc
Seller's Agent
Natalia Anda
Coldwell Banker Realty
Buyer's Agent
Roberta Fittipaldi
United Realty Group, Inc
List Price
$2,800,000
Sold Price
$2,400,000
Premium/Discount to List
-$400,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
Jul 6, 2006
Sold by
Cignarale Armando J and Cignarale Maria A
Bought by
Corpstate Financial Inc

Purchase Details

Closed on
Mar 30, 2005
Sold by
C G Homes Inc
Bought by
Cignarale Armando J and Cignarale Maria A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Key Biscayne, FL

See All Agents

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
$3,300,000 Attorney
Ocean 506 Holdings Llc $2,400,000 Attorney
Corpstate Financial Inc $2,500,000 None Available
Cignarale Armando J $1,275,000 --
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 $1,000,000
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
11/15/2021 11/15/21 Sold $3,300,000 -8.3% $1,070 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $3,600,000 +50.0% $1,167 / Sq Ft
03/15/2018 03/15/18 Sold $2,400,000 -14.3% $778 / Sq Ft View Prior Sale
03/05/2018 03/05/18 Pending -- -- --
12/14/2017 12/14/17 For Sale $2,800,000 -- $908 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $34,199 $2,226,474
2024 $32,974 $2,163,726
2023 $32,974 $2,100,705 $0 $0
2022 $31,983 $2,039,520 $0 $0
2021 $30,168 $1,821,000 $0 $0
2020 $30,115 $1,824,000 $0 $0
2019 $30,190 $1,824,000 $0 $0
2018 $34,368 $2,145,909 $0 $0
2017 $35,811 $2,216,848 $0 $0
2016 $43,126 $2,608,056 $0 $0
2015 $41,581 $2,460,425 $0 $0
2014 $38,681 $2,236,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11105118

BeachesMLS (Greater Fort Lauderdale)

APN: 24-5205-064-0730

Your Personal Tour Guide

Ask me questions while you tour the home.