NOT LISTED FOR SALE

Ocean Tower One 799 Crandon Blvd Unit 1506 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $3,456,000 - $4,132,000

3 Beds
4.5 Baths
2,605 Sq Ft
$1,359/mo HOA Fee

Last Sold October 24, 2023

Last sale price $3,950,000 $1,516 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $26,303/month

90 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Waterfront
  • Wood Flooring

About This Home

As of October 2023

Step out from your private elevator into this elegant, newly remodeled in 2020, island retreat with sweeping floor-thru views of Atlantic Ocean and Biscayne Bay. Sunrises, sunsets, and moonrises forever! Ideal as a second home or for full-time Key Biscayne living. Move-in ready convenience. Smartly reconfigured with an open kitchen, stunning bathrooms, oversized primary closet, and wood porcelain flooring throughout. New AC and slim line vents. Ocean Tower I is closest to the beach and Ocean Club amenities! Ocean Club offers resort-style family living with a private & newly remodeled Beach Club, poolside restaurants, fitness center, spa & beauty salon, Tennis Club & more! Available to sell separately is Hobby Room #17 w/ full bathroom.

Last Agent to Sell the Property

Claudine Coto

One Sotheby's International Realty License #3223767 Listed on: 07/25/2023

One Sotheby's International Realty

Last Buyer's Agent

Monica Betancourt

Coldwell Banker Realty License #3126969

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,645

Year Built

  • Built in 2002

Lot Details

  • Waterfront
  • East Facing Home

HOA Fees

  • $1,359 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Entry on the 15th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,605 Sq Ft Home
  • Built-In Features
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-066-0810

Community Details

Overview

  • 111 Units
  • Ocean Tower One Condos
  • Ocean Tower One Condo,The Ocean Club Subdivision
  • 15-Story Property

Amenities

  • Trash Chute
  • Clubhouse
  • Secure Lobby

Recreation

  • Community Basketball Court

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $2,396
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,645

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,359 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Directions: Drive south on Crandon Blvd and enter Ocean Club’s South Security Gate. See the sign for Ocean Tower I, located towards the end of the street closest to the ocean. Complimentary valet available.
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN TOWER ONE CONDO,The Ocean Club
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Interior Amenities: Built-in Features, Elevator, Entrance Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2605
  • Possible Use: Unknown/Withheld
  • Stories: 15
  • Bedroom Features: Other
  • Dining Room Features: Formal Dining
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Ocean View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN TOWER ONE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Secured Garage/Parking, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1359
  • Amenities: Basketball Court, Clubhouse-Clubroom, Exercise Room, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-066-0810
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2396
  • Number Of Units In Community: 111

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 37645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Oct 25, 2023
Sold by
Ocean Ishtar Llc
Bought by
Borjas Carlos Miguel and Borjas Ana Carolina Kra
Seller's Agent
Claudine Coto
One Sotheby's International Realty
Buyer's Agent
Monica Betancourt
Coldwell Banker Realty
List Price
$4,150,000
Sold Price
$3,950,000
Premium/Discount to List
-$200,000
-4.82%
Views
81
Current Estimated Value
$3,892,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,408
Avg. Annual Appreciation
0.62%
Original Mortgage
$3,000,000
Outstanding Balance
$2,949,838
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$1,046,288

Purchase Details

Listed on
Feb 8, 2018
Closed on
Apr 2, 2019
Sold by
Unit 1506 Ocean Tower I Inc
Bought by
Ocean Ishtar Llc
Seller's Agent
Carlos Coto
One Sotheby's International Realty
Buyer's Agent
Claudine Coto
One Sotheby's International Realty
List Price
$2,890,000
Sold Price
$2,225,000
Premium/Discount to List
-$665,000
-23.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$1,200,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 30, 2002
Sold by
Key Biscayne Ocean Club Lp C
Bought by
Unit 1506 Ocean Tower I Inc
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Borjas Carlos Miguel $3,950,000 None Listed On Document
Ocean Ishtar Llc $2,225,000 Attorney
Unit 1506 Ocean Tower I Inc $1,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borjas Carlos Miguel $3,000,000
Previous Owner Ocean Ishtar Llc $1,200,000
Previous Owner Unit 1506 Ocean Tower I Inc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $3,950,000 -4.8% $1,516 / Sq Ft
07/25/2023 07/25/23 For Sale $4,150,000 +86.5% $1,593 / Sq Ft
04/15/2019 04/15/19 Sold $2,225,000 -3.1% $854 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
01/18/2019 01/18/19 Price Changed $2,295,000 -13.4% $881 / Sq Ft
03/23/2018 03/23/18 Price Changed $2,650,000 -8.3% $1,017 / Sq Ft
02/06/2018 02/06/18 For Sale $2,890,000 -- $1,109 / 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 $50,461 $3,215,960 -- --
2024 $42,277 $3,215,960 -- --
2023 $42,277 $2,410,078 $0 $0
2022 $37,645 $2,190,980 $0 $0
2021 $32,979 $1,991,800 $0 $0
2020 $35,746 $2,165,050 $0 $0
2019 $37,721 $2,279,000 $0 $0
2018 $43,979 $2,746,063 $0 $0
2017 $42,637 $2,547,429 $0 $0
2016 $39,683 $2,399,880 $0 $0
2015 $38,700 $2,199,888 $0 $0
2014 $36,035 $1,999,899 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Claudine Coto

    Seller's Agent in 2023

    Claudine Coto

    One Sotheby's International Realty

    (305) 389-6229

    49 in this area

    50 Total Sales

    Claudine Coto
    Section Image
  • Monica Betancourt

    Buyer's Agent in 2023

    Monica Betancourt

    Coldwell Banker Realty

    (305) 632-7248

    5 in this area

    119 Total Sales

    Monica Betancourt
    Section Image
  • Carlos Coto

    Seller's Agent in 2019

    Carlos Coto

    One Sotheby's International Realty

    (305) 803-3059

    28 in this area

    29 Total Sales

    Carlos Coto
    Section Image
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About Ocean Tower One

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11424992

MIAMI REALTORS® MLS

APN: 24-5205-066-0810

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

799 Crandon Blvd Unit 1506, Key Biscayne, FL

This home is located at 799 Crandon Blvd Unit 1506, Key Biscayne, FL 33149 since 25 July 2023 and is currently estimated at $3,892,592, approximately $1,494 per square foot. This property was built in 2002. 799 Crandon Blvd Unit 1506 is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

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.

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