NOT LISTED FOR SALE

Ocean Tower One 799 Crandon Blvd Unit 602 Key Biscayne, FL 33149

Estimated Value: $5,725,396 - $6,318,000

4 Beds
5.5 Baths
3,581 Sq Ft
2002 Built

Sale Details

Date Sold: March 17, 2022

Last sale price $5,400,000 $1,508 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $38,047 / mo

53 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 March 2022

Live like you're on vacation! This rarely available palace in the sky boasts resort style living w/ 4 bedrooms, 5.5 baths, & is located at the exclusive, 55-acre Ocean Club, on the serene island of Key Biscayne. Inside you'll enjoy ocean views from your 2 oversized balconies facing both northeast & south, impact windows, a spacious primary suite w/3 closets, primary bath w/double sinks, separate shower & jacuzzi tub, LED touch mirrors, wine cellar, open eat-in kitchen w/an island, & Miele double ovens, staff quarters, & full sized washer/dryer. Balcony access from every room! Amenities at this oasis include: an Olympic-sized grand lap pool, private beach access, 8 tennis courts, Spa, State-of-the-Art Fitness Center, beauty salon, restaurant & bar onsite, & more! 3 parking & a storage unit!

Last Agent to Sell the Property

Nancy Batchelor

Compass Florida, LLC License #0416207 Listed on: 01/22/2022

Compass Florida, LLC

Co-Listed By

Michelle Shurtleff

Compass Florida, LLC License #0684026

Last Buyer's Agent

Lucrecia Arana Lindemann

Dalton Wade Inc License #0668470

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,282

Year Built

  • Built in 2002

Lot Details

  • Ocean Front
  • Fenced

HOA Fees

  • $1,014 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Assigned Parking

Property Views

  • Pool

Home Design

  • Entry on the 6th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,581 Sq Ft Home
  • Great Room
  • Family Room

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Courtyard
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-066-0190

Community Details

Overview

  • High-Rise Community
  • Ocean Tower One Condo
  • Ocean Tower One Condo Subdivision
  • 16-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Community Library
  • Recreation Room
  • Bar or Lounge
  • Secure Lobby
  • Interior Hall

Recreation

  • Community Cabanas
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,676

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,282

Year Built

Built in 2002

Lot Details

0 Sq Ft Lot

HOA Fees

$1,014 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: COMP01
  • Co List Office Phone: 305-851-2820
  • Directions: The best of island living, next to the Ritz Carlton! Near Mast Academy, Key Biscayne Yacht Club, Bills Baggs State Park. Easy drive to downtown, airport, & hospitals.
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: OCEAN TOWER ONE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Interior Hall, Lobby, Closet Cabinetry, Cooking Island, Family Room, Great Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3581
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 16
  • Window Features: High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Master Bath Shower, Master Bath Tub
  • Living Room Features: Family Room, Great Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Pool Area View, Skyline, Tennis Court View, Water View
  • Exterior Features: Barbeque, Courtyard, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN TOWER ONE CONDO
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Assigned, Covered, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1014
  • Amenities: Bar, Barbecue, Cabana, Community Room, Exercise Room, Hobby Room, Library, Pool, Private Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-066-0190
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 34282

Multi Family

  • Maintenance Expense: 2676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Mar 17, 2022
Sold by
Massimo Grimaldi Residence Trust
Bought by
Rose Creek Global Corp
Seller's Agent
Nancy Batchelor
Compass Florida, LLC
Buyer's Agent
Lucrecia Arana Lindemann
Dalton Wade Inc
List Price
$5,499,000
Sold Price
$5,400,000
Premium/Discount to List
-$99,000
-1.8%
Current Estimated Value
$6,033,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,099
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
May 12, 2003
Sold by
Steele Richard Lawrence
Bought by
Massimo Grimaldi Residence Trust
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 Buyer Sale Price Title Company
Rose Creek Global Corp $5,400,000 Capua Law Firm Pa
Massimo Grimaldi Residence Trust $1,325,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2022 03/17/22 Sold $5,400,000 -1.8% $1,508 / Sq Ft
01/22/2022 01/22/22 For Sale $5,499,000 -- $1,536 / 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 $63,190 $4,026,024 -- --
2024 $59,464 $4,026,024 -- --
2023 $59,464 $3,727,800 $0 $0
2022 $41,863 $2,278,100 $0 $0
2021 $34,282 $2,071,000 $0 $0
2020 $25,014 $1,554,279 $0 $0
2019 $24,498 $1,519,335 $0 $0
2018 $23,247 $1,491,006 $0 $0
2017 $22,958 $1,460,339 $0 $0
2016 $23,007 $1,430,303 $0 $0
2015 $23,349 $1,420,361 $0 $0
2014 $23,703 $1,409,089 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11144408

MIAMI REALTORS® MLS

APN: 24-5205-066-0190

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