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733 Crandon Blvd # 5, Key Biscayne FL 33149

Penthouse Recently Sold
$2,060,000

BTC: 32.18750000

ETH: 1,157.30337079

Sold on: 2025-03-21
22 days
Waterfront
2 bds
2 ba
2,060 sqft

Overview

Welcome to PH-5, a distinctive 2,060 SqFt 2BD/2.5BA condo in Lake Villa II at Ocean Club, Key Biscayne. This bright unit features high ceilings, enhancing its spacious feel. Experience the exclusivity of Lake Villa II and indulge in the Ocean Club's premier amenities, including a Beach Club, Tennis Club, gym, restaurants, pool, spa, and more. PH-5 boasts two balconies: the expansive one offers stunning lake, pool, and city skyline views, while the second provides a serene garden and distant ocean view. The open-concept living and dining area is generously sized, featuring custom cabinetry for books, storage, and decor. The primary suite overlooks the lake, and the second suite offers tranquil tree views. Includes 2 parking spaces & storage. Embrace the luxurious resort lifestyle today.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Guest
Year Built:
1996
Lot:
No Data
Heating:
Central
Price/sqft:
$1,102
Cooling:
Central Air
HOA:
$1,754

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,947,000
$956K – $2.8M
Confidence Low
List vs. estimate
$323K above estimate
List $2,270,000 · +16.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,101
-55.5% vs. city median $2,474
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,873
2024
HOA
$1,754/mo
Pool
Private
View
Lake, Pool Area View
Waterfront
Lake
Garage
2 car garage
Furnished
Partially Furnished
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Marble

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Other Equipment/Appliances

    • Electric Range

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • Lobby

    • Built-in Features

    • Closet Cabinetry

    • Elevator

    • Walk-In Closet(s)

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Guest

    Property

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 24-52-05-050-0220

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,754

    • HOA Frequency: Monthly

    • Annual tax amount: $15,873

  • Source details

    • MLS ID: A11729693

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Blinds

    • Architectural Style: Penthouse

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 2060

    • Subdivision Name: LAKE VILLA TWO CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC