NOT LISTED FOR SALE

Ocean Tower Two 791 Crandon Blvd Unit 707 Key Biscayne, FL 33149

Estimated Value: $4,511,433 - $5,585,000

4 Beds
5.5 Baths
3,581 Sq Ft
$1,462/mo HOA Fee

Last Sold September 19, 2024

Last sale price $4,500,000 $1,257 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $32,959/month

125 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Community Cabanas
  • Key Biscayne K-8 Center Rated A-
  • Property has ocean access
  • 1-minute walk to Beach Park

About This Home

As of September 2024

Elegant Oceanfront Retreat in sought after Ocean Tower II at "The Ocean Club" in Key Biscayne. This residence offers a spacious flow-through floor plan consisting of 4 bdrms, 5.5 baths, staff quarters, along w/2 parking spaces & 1 storage. Situated on the 7th floor offers breathtaking ocean & Bay/City skyline views, abundant natural light & refreshing ocean breezes. Kitchen features top-of-the-line appliances, including a Sub-zero refrigerator w/sleek Poggenpohl cabinets. Residents enjoy 24/7 concierge service, valet parking & on-site management. The Ocean Club amenities include multiple restaurants, pool/beach service, gym, spa & beauty salon. Sports enthusiasts can play on facilities’ 7 clay courts and 3 padel courts. Experience luxury & comfort in this coastal oasis at The Ocean Club.

Last Agent to Sell the Property

Victor Florencio Sanchez

Ocean Club Realty, Inc. License #3468846 Listed on: 05/15/2024

Last Buyer's Agent

Carlos Coto

One Sotheby's International Realty License #0165407

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $60,399

Year Built

  • Built in 2001

Lot Details

  • Waterfront

HOA Fees

  • $1,462 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Property Views

Home Design

  • Split Level Home
  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,581 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessible Doors
  • Accessible Entrance

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-064-0890

Community Details

Overview

  • Club Membership Required
  • High-Rise Condominium
  • The Ocean Club Key Biscay Condos
  • Ocean Tower Two Condo Subdivision
  • 16-Story Property

Amenities

  • Doorman
  • Sauna
  • Courtesy Bus
  • Community Center
  • Party Room
  • Community Library
  • Bar or Lounge

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Cabanas
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $11,117

Security

  • Security Guard
  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$60,399

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,462 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Split Level
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Restricted Salt Water 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, Free-Standing Freezer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, First Floor Entry, Closet Cabinetry, Cooking Island, Fire Sprinklers, Entrance Foyer, Split Bedroom, Maid/In-Law Quarters, Storage, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed, Accessible Entrance, Accessible Doors, Accessible Hallway(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3581
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 16
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Maid/In-Law Quarters, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Ocean Club Key Biscay
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 4386
  • Amenities: Bar, Basketball Court, Cabana, Child Play Area, Community Room, Courtesy Bus, Exercise Room, Exterior Lighting, Library, Other, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 24-52-05-064-0890
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 60399

Multi Family

  • Maintenance Expense: 11117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Sep 17, 2024
Sold by
T Collection Llc
Bought by
791 Crandon Holding 707 Llc
Seller's Agent
Victor Florencio Sanchez
Ocean Club Realty, Inc.
Buyer's Agent
Carlos Coto
One Sotheby's International Realty
List Price
$4,950,000
Sold Price
$4,500,000
Premium/Discount to List
-$450,000
-9.09%
Views
17
Current Estimated Value
$4,996,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,108
Avg. Annual Appreciation
7.70%
Original Mortgage
$3,000,000
Outstanding Balance
$1,547,484
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$3,448,624

Purchase Details

Listed on
Dec 15, 2020
Closed on
Oct 7, 2021
Sold by
Sobnego Maria Amalia and Lazo Alejandro Agustin
Bought by
T Collection Llc
Seller's Agent
Maria Sonego
Urban Star Realty, LLC.
Buyer's Agent
Elena Chacon
BHHS EWM Realty
List Price
$3,999,000
Sold Price
$4,107,650
Premium/Discount to List
$108,650
2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%

Purchase Details

Closed on
Nov 30, 2012
Sold by
Deak Esteban A and Sonego Maria Amalia
Bought by
Sonego Maria Amalia

Purchase Details

Closed on
Nov 7, 2005
Sold by
Sur Pacifico Inc
Bought by
Deak Esteban A and Sonego Maria Amalia

Purchase Details

Closed on
Sep 4, 2001
Sold by
Key Biscayne Ocean Club Lp
Bought by
Riaz Naveed and Riaz Rubina K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
791 Crandon Holding 707 Llc $4,500,000 Lgi Title
T Collection Llc $4,107,700 Attorney
Sonego Maria Amalia -- Attorney
Deak Esteban A -- --
Riaz Naveed $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 791 Crandon Holding 707 Llc $3,000,000
Previous Owner Riaz Naveed $1,000,000
Previous Owner Riaz Naveed $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2024 09/19/24 Sold $4,500,000 +0.2% $1,257 / Sq Ft
08/16/2024 08/16/24 Price Changed $4,490,000 -9.3% $1,254 / Sq Ft
05/16/2024 05/16/24 For Sale $4,950,000 +20.5% $1,382 / Sq Ft
10/08/2021 10/08/21 Sold $4,107,650 -1.0% $1,147 / Sq Ft View Prior Sale
09/17/2021 09/17/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $4,150,000 +3.8% $1,159 / Sq Ft
12/14/2020 12/14/20 For Sale $3,999,000 -- $1,117 / 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 $66,640 $3,990,306 -- --
2024 $60,399 $4,110,128 -- --
2023 $60,399 $3,736,480 $0 $0
2022 $54,182 $3,396,800 $0 $0
2021 $34,490 $2,123,000 $0 $0
2020 $34,404 $2,123,000 $0 $0
2019 $34,490 $2,123,000 $0 $0
2018 $37,772 $2,397,974 $0 $0
2017 $37,308 $2,348,653 $0 $0
2016 $37,394 $2,300,346 $0 $0
2015 $37,951 $2,284,356 $0 $0
2014 $38,526 $2,266,227 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victor Florencio Sanchez

    Seller's Agent in 2024

    Victor Florencio Sanchez

    Ocean Club Realty, Inc.

    (305) 469-3266

    16 in this area

    30 Total Sales

    Victor Florencio Sanchez
    Section Image
  • Carlos Coto

    Buyer's Agent in 2024

    Carlos Coto

    One Sotheby's International Realty

    (305) 803-3059

    25 in this area

    26 Total Sales

    Carlos Coto
    Section Image

  • M

    Seller's Agent in 2021

    Maria Sonego

    Urban Star Realty, LLC.

    (305) 798-1119

    1 in this area

    2 Total Sales

    Maria Sonego
    Section Image
  • Elena Chacon

    Buyer's Agent in 2021

    Elena Chacon

    BHHS EWM Realty

    (305) 606-5700

    37 in this area

    58 Total Sales

    Elena Chacon
    Section Image
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About Ocean Tower Two

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11588565

MIAMI REALTORS® MLS

APN: 24-5205-064-0890

Florida Miami/Dade County Key Biscayne 33149

791 Crandon Blvd Unit 707, Key Biscayne, FL

Not Listed for Sale

Condos

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