NOT LISTED FOR SALE

Ocean Tower Two 791 Crandon Blvd Unit 908 Key Biscayne, FL 33149

Estimated Value: $6,766,000 - $8,816,000

4 Beds
5.5 Baths
5,207 Sq Ft
$938/mo HOA Fee

Last Sold September 30, 2020

Last sale price $5,750,000 $1,104 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $49,220/month

157 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • 1-minute walk to Beach Park

About This Home

As of September 2020

CASUAL ELEGANCE describes this 5,207 sq. ft., right-smack-on-the-beach and reconfigured to perfection, Mansion in the Sky. Sweeping views of beach. Expansive living room, dining room, kitchen, terraces and family areas flow together for gracious entertaining. Four bedrooms en-suite plus library and staff quarters. Also includes a wine cellar, fur storage room and four garage spaces. Ocean Club is a full service building with Tennis, Spa, Valet and Private Concierge service round the clock.

Last Agent to Sell the Property

Carlos Coto

One Sotheby's International Realty License #0165407 Listed on: 02/11/2020

One Sotheby's International Realty

Co-Listed By

Victor Coto

One Sotheby's International Realty License #3268414

Last Buyer's Agent

Douglas Kinsley

Fortune Christie's International Real Estate License #0372853

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $73,356

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • North Facing Home

HOA Fees

  • $938 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • Direct Ocean
  • Bay

Home Design

  • Entry on the 9th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,207 Sq Ft Home
  • Built-In Features
  • Family Room
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • Dual Sinks

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-064-1050

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Clubhouse
  • Community Center
  • Party Room
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Basketball Court
  • Community Playground

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $4,291

Security

  • Security Guard
  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$73,356

Year Built

Built in 2001

Lot Details

0

HOA Fees

$938 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: OSIR04
  • Co List Office Phone: 305-365-2811
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Ocean Club
  • 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, Washer
  • Interior Amenities: Built-in Features, Other, Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 5207
  • Possible Use: Primary
  • Stories: 16
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Bay, Ocean View, Direct Ocean, Pool Area View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Ocean Tower Two
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • 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: Complex Fenced, Doorman, Elevator Secure, Secured Garage/Parking, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 938
  • Amenities: Basketball Court, Bike Storage, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Child Play Area, Pool, Private Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-064-1050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 73356

Multi Family

  • Maintenance Expense: 4291

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Sep 30, 2020
Sold by
Ocean 908 Llc
Bought by
Asap 908 Llc
Seller's Agent
Carlos Coto
One Sotheby's International Realty
Buyer's Agent
Douglas Kinsley
Fortune Christie's International Real Estate
List Price
$5,990,000
Sold Price
$5,750,000
Premium/Discount to List
-$240,000
-4.01%
Current Estimated Value
$7,725,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,975,215
Avg. Annual Appreciation
5.82%
Original Mortgage
$3,375,000
Outstanding Balance
$3,001,882
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$4,723,333

Purchase Details

Closed on
Mar 27, 2014
Sold by
Oceana Key Biscayne Corporation
Bought by
Ocean 908 Llc

Purchase Details

Closed on
May 25, 2007
Sold by
Syl Llc
Bought by
Ocean Tower 908 Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,240,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2004
Sold by
United States Of America
Bought by
Syl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,135,000
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2002
Sold by
Ethel Jerez
Bought by
Tower Trading Group Of Florida
Source: Public Records

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

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
Asap 908 Llc $5,750,000 Attorney
Ocean 908 Llc $5,600,000 Attorney
Ocean Key Biscayne Corporation -- Attorney
Ocean Tower 908 Ltd $5,400,000 Attorney
Syl Llc $3,050,000 --
Tower Trading Group Of Florida $2,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asap 908 Llc $3,375,000
Previous Owner Ocean Tower 908 Ltd $3,240,000
Previous Owner Syl Llc $2,135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $5,750,000 -4.0% $1,104 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $5,990,000 -- $1,150 / 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 $92,230 $6,028,390 -- --
2024 $83,623 $5,766,285 -- --
2023 $83,623 $5,242,078 $0 $0
2022 $78,605 $4,933,720 $0 $0
2021 $74,009 $4,485,200 $0 $0
2020 $80,491 $4,875,200 $0 $0
2019 $73,356 $4,432,000 $0 $0
2018 $73,930 $4,616,197 $0 $0
2017 $86,710 $5,367,671 $0 $0
2016 $86,172 $5,211,331 $0 $0
2015 $83,086 $4,916,350 $0 $0
2014 $77,292 $4,469,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Coto

    Seller's Agent in 2020

    Carlos Coto

    One Sotheby's International Realty

    (305) 803-3059

    25 in this area

    26 Total Sales

    Carlos Coto
    Section Image
  • Victor Coto

    Seller Co-Listing Agent in 2020

    Victor Coto

    One Sotheby's International Realty

    (305) 942-4452

    18 in this area

    26 Total Sales

    Victor Coto
    Section Image
  • Douglas Kinsley

    Buyer's Agent in 2020

    Douglas Kinsley

    Fortune Christie's International Real Estate

    (305) 361-3440

    57 in this area

    65 Total Sales

    Douglas Kinsley
    Section Image
See All Agents

About Ocean Tower Two

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10816095

MIAMI REALTORS® MLS

APN: 24-5205-064-1050

Florida Miami/Dade County Key Biscayne 33149

791 Crandon Blvd Unit 908, Key Biscayne, FL

Not Listed for Sale

Condos

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.

Nearby Homes