Home » Key Biscayne » Lake Villa One Ocean Club at 723 Crandon Blvd Key Biscayne » 723 Crandon Blvd PH5, Key Biscayne, FL 33149 | A11412411

723 Crandon Blvd PH5, Key Biscayne, FL 33149 | Sold

$2,450,000
closed for a price of $2,275,000

Property Highlights

Listing ID A11412411 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 3 Bathrooms Total 3 Full Bath Living Space 2,174 Sqft/201.97 m2 approx. Building Area 2,174 Sqft/201.97 m2 approx. COMMUNITY POOL Year Built 2002 Waterfront Has a view of a lake Lease Term Minimum Duration: 60 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 60 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 83 Days
27 Photos of this Property

723 Crandon Blvd PH5, Key Biscayne, FL 33149

Property Description: Exquisite penthouse in the Lake Villa One within the prestigious Ocean Club in Key Biscayne, featuring lovely views, lots of natural light, 3 bedrooms , 3 en-suite bathrooms, 2 walk-in closets in master suite, 2 open balconies, direct in-unit elevator access, 2 assigned parking spaces and storage room. The Ocean Club offers unparalleled amenities exclusively to residents and their guests: beach bar & grill, 2 gourmet restaurants, state-of-the-art fitness center, health & fitness spa, beauty salon, youth center, adult-only pool, family pool with jacuzzi, 8 lighted tennis courts, direct beach access with reserved umbrellas & lounge chairs, and more. Don 't miss the opportunity to make this exceptional residence your own, and experience the true essence of the place-to-live in Key Biscayne.

Useful Info

Contingency:Pending Inspections
Original List Price:$2,450,000
Close Price:$2,275,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

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

Property Features

Has View:Yes
View from the Property:
  • Lake
  • City
  • Other
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Lake Front
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
  • Built-in Oven
  • Electric Range
  • Electric Water Heater
  • Ice Maker
Interior Features:
  • Eat-in Kitchen
  • Living/dining Room
  • Breakfast Area
  • Split Bedrooms
  • Walk-in Closet(s)
  • Bedroom On Main Level
  • Entrance Foyer
  • Built-in Features
  • Elevator
  • Separate Shower
  • Dual Sinks
  • Bidet
  • Jetted Tub
Exterior Features:
  • Balcony
  • Storm/security Shutters
  • Tennis Court(s)
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$18,270

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:$1,360
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$1,429
Association Fee 3rd HOA Frequency:
  • Monthly
Membership Fee:$12,000

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Clubhouse
  • Storage
  • Elevator(s)
  • Fitness Center
  • Tennis Court(s)
Subdivision Name:LAKE VILLA ONE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Association Management
  • Insurance
  • Parking
  • Reserve Fund
  • Recreation Facilities
  • Amenities
Complex Name:LAKE VILLA ONE
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, OK To Lease
Membership Required:Yes

Parking

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

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Mckitrick-hb
High School:Mast Academy

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Lake,Other View,Skyline View
Housing Older Persons Act: No HOPA
Water Access: Other,Unrestricted Salt Water Access
Buy State: Florida
Unit Design: Penthouse
Type of Association: Condo
Minimum Number of Days for Lease: 60
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects City & County Tax,Tax Reflects No Exemptions
Buyer Country of Residence: USA
Number of times allowed to lease per year: 6
Flood Zone : AE
Homeowner's Association Application Fee: 150
Rooms Description: Storage Room
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 24
Subdivision Number: 67

Zoning and Legal

Tax Legal Description:LAKE VILLA ONE CONDO UNIT PH5 UNDIV 2.28146% INT IN COMMON ELEMENTS OFF REC 20477-4481 OR 20537-2544 0702 1 COC 26147-1613 12 2007 1
Real Estate Folio Number (Parcel Number):24-52-05-067-0350
Public Survey Township:24
Public Survey Range:52
Public Survey Section:5

Listing History

Update/EventDate/Days
Published Date:July 6, 2023 9:47 am
On Market Date:July 6, 2023
Close Date:September 27, 2023
Price Change Date Time:June 30, 2023 4:26 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 28, 2023 12:20 pm
Status Last Changed:September 28, 2023 12:20 pm
Photos Last Modified:July 6, 2023 2:07 pm
Last Modified:September 28, 2023 4:21 pm
Days on the Market (updated on Last Modified*):40
Cumulative Days on the Market (updated on Last Modified**):248

Additional Information

Unit Location:Penthouse
Number of Photos Count:27
Area:52
Ref ID:1038925613
Automated Valuation Display:Yes
Courtesy of:EXP Realty, LLC
Universal Property Id:US-12025-N-2452050670350-R-N

Location

Show Property Address:Yes
Street Name:Crandon Blvd
Street Number:723
Street Address:723 Crandon Blvd PH5
Unit Number:PH5
City : Key Biscayne
State : Florida
Zip Code : 33149
County : Miami-Dade County
Full Address:723 Crandon Blvd PH5, 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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