Home » Key Biscayne » Lake Villa One Ocean Club at 721 Crandon Blvd Key Biscayne » 721 Crandon Blvd # PH8 Key Biscayne FL 33149 | A11307891

721 Crandon Blvd # PH8 Key Biscayne FL 33149 | Sold

$2,495,000
closed for a price of $2,245,000

Property Highlights

Listing ID A11307891 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 3 Bathrooms Total 3 Full Bath Living Space 2,683 Sqft/249.26 m2 approx. Building Area 2,683 Sqft/249.26 m2 approx. COMMUNITY POOL Year Built 2002 Waterfront Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 149 Days
70 Photos of this Property

721 Crandon Blvd # PH8 Key Biscayne FL 33149

Property Description: Gorgeous corner penthouse in desirable Lake Villa One, Ocean Club, Key Biscayne. Paradise living for anyone wishing safety and exclusivity. This penthouse at the Villas offers an unparalleled feeling of privacy, only found in a single-family home. Lovely views, perfect floor plan with 2,683 SQ/FT under A/C, marble floors throughout, 3 bed/3 baths, built-in home office, 3 walk-in closets in the huge master bedroom, 4 oversized terraces, foyer, bike and storage room, direct in-unit elevator, & 2 designated parking spaces. Ocean club is a private exclusive community with 5 stars amenities, an adults-only grand pool, direct beach access, beach pool for children and families, Beach Club & Tennis Club with 8 lighted tennis courts, beach and formal restaurants, Kids ' playground and more.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$2,650,000
Original List Price:$2,690,000
Close Price:$2,245,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Rooms Distribution

Rooms Total:1

Construction

Year Built Details:
  • Resale
Architectural Style:
  • Penthouse
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:6

Property Features

View from the Property:
  • City
Waterfront:Yes
Waterfront Features:
  • Ocean Access
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Fire Sprinkler System
  • Security Guard
  • Elevator Secured
  • Complex Fenced
  • Intercom
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
Interior Features:
  • Pantry
  • Split Bedrooms
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Bedroom On Main Level
  • Entrance Foyer
  • Built-in Features
  • Elevator
  • Main Living Area Entry Level
  • Sitting Area In Primary
  • Separate Shower
  • Dual Sinks
  • Bidet
  • Jetted Tub
Exterior Features:
  • Balcony
  • Storm/security Shutters
  • Tennis Court(s)
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Plantation Shutters
  • Drapes
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Electric
Fence:
  • Wall
Property Entrance Faces:
  • North
Other Equipment:
  • Intercom

Taxes and Expenses

Tax Annual Amount:$20,464

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$5,288
Association Fee Frequency:
  • Quarterly
Association Fee 3rd HOA:$5,288
Association Fee 3rd HOA Frequency:
  • Quarterly
Membership Fee:$12,000

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Library
  • Pool
  • Bike Storage
  • Trash
  • Clubhouse
  • Elevator(s)
  • Fitness Center
  • Tennis Court(s)
  • Basketball Court
Subdivision Name:LAKE VILLA ONE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Association Management
  • Insurance
  • Parking
  • Reserve Fund
  • Recreation Facilities
  • Amenities
Complex Name:LAKE VILLA ONE CONDO
Senior Community:No
Restrictions: No Recreational Vehicles RV, No Truck, OK To Lease
Membership Required:Yes

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Parking Features:
  • Garage
  • Two Or More Spaces
  • Covered
  • Assigned
  • Detached

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Skyline View
Housing Older Persons Act: No HOPA
Water Access: Other
Unit Design: Corner Unit,Penthouse
Type of Association: Condo
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Homestead Tax
Flood Zone : AE
Homeowner's Association Application Fee: 150
Rooms Description: Den/Library/Office,Utility Room/Laundry
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 24
Subdivision Number: 67
Buyer Country of Residence: Mexico
Minimum Number of Days for Lease: 365
Number of times allowed to lease per year: 1

Zoning and Legal

Tax Legal Description:LAKE VILLA ONE CONDO UNIT PH8 UNDIV 2.81562% INT IN COMMON ELEMENTS OFF REC 20477-4481 OR 21257-2281 12 2002 4 COC 24272-0526 02 2006 5
Real Estate Folio Number (Parcel Number):24-52-05-067-0380
Public Survey Township:24
Public Survey Range:52
Public Survey Section:5

Listing History

Update/EventDate/Days
Published Date:December 3, 2022 12:03 pm
On Market Date:December 3, 2022
Close Date:May 1, 2023
Price Change Date Time:February 6, 2023 4:25 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 1, 2023 5:02 pm
Status Last Changed:May 1, 2023 5:02 pm
Photos Last Modified:December 19, 2022 4:34 pm
Last Modified:January 1, 2024 11:31 pm
Days on the Market (updated on Last Modified*):122
Cumulative Days on the Market (updated on Last Modified**):122

Additional Information

Unit Location:Corner Unit,Penthouse
Number of Photos Count:70
Area:52
Ref ID:1031215122
Automated Valuation Display:Yes
Courtesy of:Florida Capital Realty
Universal Property Id:US-12086-N-2452050670380-R-N

Location

Show Property Address:Yes
Street Name:Crandon Blvd
Street Number:721
Street Address:721 Crandon Blvd # PH8
Unit Number:# PH8
City : Key Biscayne
State : Florida
Zip Code : 33149
County : Miami-Dade County
Full Address:721 Crandon Blvd # PH8 Key Biscayne FL 33149
Latitude:N25° 41' 16.6''
Longitude:W81° 50' 13.3''

Neighborhood

Postal City:Key Biscayne

Property Map

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