NOT LISTED FOR SALE

Ocean Tower One 799 Crandon Blvd Unit 203 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $4,413,000 - $5,027,000

4 Beds
4.5 Baths
4,049 Sq Ft
$938/mo HOA Fee

Last Sold May 21, 2021

Last sale price $3,125,000 $772 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $30,890/month

211 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Bar or Lounge
  • Key Biscayne K-8 Center Rated A-
  • Community Cabanas
  • Fitness Center

About This Home

As of May 2021

This is excellence embodied, what other residences strive to create for themselves. When morning sun breaks the horizon, it illuminates outdoor living and invites you to dine al fresco. You can't help but welcome tranquility when taking meals on the lanais or sun-kissed terrace. From there, the call of coastal birds and the sound of waves crashing upon shore delights your senses and lets you know you're in paradise. Indoor living spaces afford spacious entertaining, with plenty of sleeping quarters for family or overnight guests. Each day, draw open the shutters and let oversized windows bathe you in natural lighting. This exclusive, one-of-its-kind unit captures daylight at its finest, as thoughtfully planned square footage and exquisite details surround you at each step. Welcome home.

Last Agent to Sell the Property

Amit Bhuta

Compass Florida, LLC License #3088610 Listed on: 09/08/2020

Compass Florida, LLC

Co-Listed By

William Lengyel

Compass Florida, LLC License #3381752

Last Buyer's Agent

Victor Florencio Sanchez

Ocean Club Realty, Inc. License #3468846

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,686

Year Built

  • Built in 2002

Lot Details

  • Ocean Front
  • South Facing Home
  • Privacy Fence

HOA Fees

  • $938 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Secured Garage or Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,049 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Formal Dining Room
  • Open Floorplan
  • Den
  • Sun or Florida Room
  • Storage Room
  • Marble Flooring

Kitchen

  • <<builtInOvenToken>>
  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Property has ocean access
  • Patio

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-066-0290

Community Details

Overview

  • 802 Units
  • Club Membership Required
  • High-Rise Condominium
  • The Ocean Club Condos
  • Ocean Tower One Condo,The Ocean Club Subdivision, Lanai Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Property has 1 Level

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Business Center
  • Bar or Lounge
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Cabanas
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,683

Security

  • Secure Elevator
  • Complex Is Fenced
  • Complete Accordion Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,686

Year Built

Built in 2002

Lot Details

0

HOA Fees

$938 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: COMP03
  • Co List Office Phone: 305-330-5481
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 1
  • Master Model: Lanai
  • 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: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Second Floor Entry, Built-in Features, Closet Cabinetry, Elevator, Fire Sprinklers, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Storage, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 4049
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 16
  • Window Features: Complete Accordian Shutters, Blinds, Drapes
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Family/Dining Combination, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • View: Ocean View, Pool Area View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: The Ocean Club
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Covered, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 938
  • Amenities: Bar, Bike/Jog Path, Bike Storage, Barbecue, Business Center, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Storage, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-05-066-0290
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2683
  • Number Of Units In Community: 802
  • Number Of Units Total: 112

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 32686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
May 20, 2021
Sold by
Araujo Lourdes A
Bought by
Siegel Scott D and Siegel Nicole C
Seller's Agent
Amit Bhuta
Compass Florida, LLC
Buyer's Agent
Victor Florencio Sanchez
Ocean Club Realty, Inc.
List Price
$3,450,000
Sold Price
$3,125,000
Premium/Discount to List
-$325,000
-9.42%
Current Estimated Value
$4,732,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,607,132
Avg. Annual Appreciation
11.24%
Original Mortgage
$2,187,500
Outstanding Balance
$1,975,430
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$2,892,256

Purchase Details

Closed on
Oct 22, 2007
Sold by
Araujo Lourdes A
Bought by
Araujo Lourdes A

Purchase Details

Closed on
Sep 11, 2007
Sold by
Central Valley Investments Llc
Bought by
Araujo Lourdes A

Purchase Details

Closed on
Jul 14, 2004
Sold by
Kruger Manfred G and Kruger Alessandra
Bought by
Central Valley Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2002
Sold by
Comercio General Sa Cosalk
Bought by
Kruger Manfred G and Kruger Alessandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
6.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Siegel Scott D $3,125,000 Union Title Services
Araujo Lourdes A -- Attorney
Araujo Lourdes A $3,000,000 Attorney
Central Valley Investments Llc $1,950,000 --
Kruger Manfred G $1,150,000 --
Comercio General Sa Cosalk $910,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siegel Scott D $2,187,500
Previous Owner Central Valley Investments Llc $1,365,000
Previous Owner Comercio General Sa Cosalk $1,000,000
Previous Owner Kruger Manfred G $1,000,000
Previous Owner Comercio General Sa Cosalk $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $3,125,000 -5.2% $772 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/23/2021 03/23/21 Price Changed $3,295,000 -4.5% $814 / Sq Ft
09/08/2020 09/08/20 For Sale $3,450,000 -- $852 / 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
2024 $45,800 $2,991,313 -- --
2023 $45,800 $2,904,188 $0 $0
2022 $44,380 $2,819,600 $0 $0
2021 $32,697 $2,014,000 $0 $0
2020 $32,604 $2,014,000 $0 $0
2019 $32,686 $2,014,000 $0 $0
2018 $0 $1,983,792 $0 $0
2017 $30,755 $1,942,990 $0 $0
2016 $30,824 $1,903,027 $0 $0
2015 $30,795 $1,889,799 $0 $0
2014 $30,795 $1,874,801 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amit Bhuta

    Seller's Agent in 2021

    Amit Bhuta

    Compass Florida, LLC

    (305) 439-3031

    1 in this area

    70 Total Sales

    Amit Bhuta
    Section Image

  • W

    Seller Co-Listing Agent in 2021

    William Lengyel

    Compass Florida, LLC

    (305) 772-3602

    1 in this area

    22 Total Sales

    William Lengyel
    Section Image
  • Victor Florencio Sanchez

    Buyer's Agent in 2021

    Victor Florencio Sanchez

    Ocean Club Realty, Inc.

    (305) 469-3266

    12 in this area

    26 Total Sales

    Victor Florencio Sanchez
    Section Image
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About Ocean Tower One

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10920845

MIAMI REALTORS® MLS

APN: 24-5205-066-0290

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

799 Crandon Blvd Unit 203, Key Biscayne, FL

This home is located at 799 Crandon Blvd Unit 203, Key Biscayne, FL 33149 since 08 September 2020 and is currently estimated at $4,732,132, approximately $1,168 per square foot. This property was built in 2002. 799 Crandon Blvd Unit 203 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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