$5,300,000
SOLD FEB 28, 2025

Ocean Tower Two 791 Crandon Blvd Unit PH2 Key Biscayne, FL 33149

3 Beds
3 Baths
2,622 Sq Ft
$1,488/mo HOA Fee

Recently Sold

$2,021 Per Sq Ft

1 Day on Market

Highlights

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

About This Home

As of February 2025

This exquisite penthouse offers breathtaking ocean and skyline views, with a private elevator foyer entry. Inside, off-white limestone floors, custom wooden baseboards, and crown moldings create a refined atmosphere. The spacious dining area features 20-foot ceilings, while the rest of the residence offers 10-foot ceilings. A modern kitchen with granite countertops adds elegance. The 1,700 sq. ft. rooftop terrace is perfect for entertaining, complete with panoramic views, a Jacuzzi, a covered lounge, granite countertop, and a tranquil fountain.

Last Agent to Sell the Property

Laura Garcia

One Sotheby's International Realty License #0678006 Listed on: 02/19/2025

One Sotheby's International Realty

Co-Listed By

Paola Marulanda

One Sotheby's International Realty License #3259504

Last Buyer's Agent

Spencer Raymond P.A.

BHHS EWM Realty License #3262712

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,865

Year Built

  • Built in 2001

HOA Fees

  • $1,488 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Penthouse
  • Entry on the 16th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,622 Sq Ft Home
  • Built-In Features
  • Sliding Windows
  • Family Room
  • Combination Dining and Living Room
  • Storage Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-064-0290

Community Details

Overview

  • 111 Units
  • Club Membership Required
  • Ocean Tower Two Condos
  • Ocean Tower Two Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 16-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Secure Lobby

Recreation

  • Tennis Courts

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $3,171
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$48,865

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,488 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Co List Office Mls Id: OSIR27
  • Co List Office Phone: 305-666-0562
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN TOWER TWO
  • 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, Split Bedroom, Family Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2622
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 16
  • Window Features: Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Direct Ocean, Pool Area View
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN TOWER TWO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, No Rv/Boats, No Trucks/Trailers

Utilities

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

Condo/Co-op/Association

  • Association Fee: 4464
  • Amenities: Clubhouse-Clubroom, Exercise Room, Exterior Lighting, Other, Private Pool, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-064-0290
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 48865

Multi Family

  • Maintenance Expense: 3171
  • Number Of Units In Community: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Feb 28, 2025
Sold by
791 Crandon Llc
Bought by
791 Crandon Realty Llc
Seller's Agent
Laura Garcia
One Sotheby's International Realty
Buyer's Agent
Spencer Raymond P.A.
BHHS EWM Realty
List Price
$5,300,000
Sold Price
$5,300,000
Views
6
Current Estimated Value
$4,702,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$597,046
Avg. Annual Appreciation
-12.44%

Purchase Details

Closed on
Mar 17, 2014
Sold by
Dettore James L
Bought by
791 Crandon Llc

Purchase Details

Closed on
Oct 17, 2006
Sold by
Sandy Beach Resort Properties Inc
Bought by
Dettore James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,220,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2002
Sold by
Coverbridge Ventures Ltd
Bought by
Sandy Beach Resort Props Inc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,300,000 None Listed On Document
Warranty Deed $5,300,000 None Listed On Document
Warranty Deed -- Attorney
Warranty Deed $2,775,000 Attorney
Warranty Deed $1,285,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,220,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $5,300,000 0.0% $2,021 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $5,300,000 0.0% $2,021 / Sq Ft
05/16/2016 05/16/16 Rented $9,500 -9.5% --
04/21/2016 04/21/16 Price Changed $10,500 -25.0% $4 / Sq Ft
02/04/2016 02/04/16 For Rent $14,000 +47.4% --
05/01/2015 05/01/15 Rented $9,500 -20.8% --
04/01/2015 04/01/15 Under Contract -- -- --
01/29/2015 01/29/15 For Rent $12,000 -- --
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 $48,865 $2,922,876 -- --
2024 $44,154 $2,657,160 -- --
2023 $44,154 $2,415,600 $0 $0
2022 $35,100 $2,196,000 $0 $0
2021 $36,339 $2,196,000 $0 $0
2020 $36,257 $2,196,000 $0 $0
2019 $36,347 $2,196,000 $0 $0
2018 $43,961 $2,744,944 $0 $0
2017 $44,342 $2,744,944 $0 $0
2016 $45,389 $2,744,944 $0 $0
2015 $43,764 $2,589,570 $0 $0
2014 $38,883 $2,157,974 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11748438

MIAMI REALTORS® MLS

APN: 24-5205-064-0290