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731 Crandon Blvd Unit: 507

  • Key Biscayne, FL
  • $2,000,000

ABOUT

Stunning 3-bedroom, 3-bathroom residence in the desirable Lake Villa 2 building at The Ocean Club in Key Biscayne offers a luxurious and comfortable lifestyle. With a beautifully renovated kitchen and living room with a modern home office, this home exudes sophistication and style. The unit is flooded with natural light and offers breathtaking views, creating a serene and tranquil atmosphere. Whether you're relaxing in the spacious living room or enjoying the ocean breeze from the balcony, this is the perfect place to call home. Two Special Assessments that end in October of 2026. SA #1 Total amount to be paid by this unit: $53,732.64 SA #2 Total amount to be paid by this unit: $15,935.37 This unit is currently paying quarterly for both $2066.64 (quarterly) and $995.96 (quarterly)
Stunning 3-bedroom, 3-bathroom residence in the desirable Lake Villa 2 building at The Ocean Club in Key Biscayne offers a luxurious and comfortable lifestyle. With a beautifully renovated kitchen and living room with a modern home office, this home exudes sophistication and style. The unit is flooded with natural light and offers breathtaking views, creating a serene and tranquil atmosphere. Whether you're relaxing in the spacious living room or enjoying the ocean breeze from the balcony, this is the perfect place to call home.
Two Special Assessments that end in October of 2026.
SA #1 Total amount to be paid by this unit: $53,732.64
SA #2 Total amount to be paid by this unit: $15,935.37
This unit is currently paying quarterly for both
$2066.64 (quarterly) and $995.96 (quarterly)
Stunning 3-bedroom, 3-bathroom residence in the desirable Lake Villa 2 building at The Ocean Club in Key Biscayne offers a luxurious and comfortable lifestyle. With a beautifully renovated kitchen and living room with a modern home office, this home exudes sophistication and style. The unit is flooded with natural light and offers breathtaking views, creating a serene and tranquil atmosphere. Whether you're relaxing in the spacious living room or enjoying the ocean breeze from the balcony, this is the perfect place to call home. Two Special Assessments that end in October of 2026. SA #1 Total amount to be paid by this unit: $53,732.64 SA #2 Total amount to be paid by this unit: $15,935.37 This unit is currently paying quarterly for both $2066.64 (quarterly) and $995.96 (quarterly)
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1996

1996

Year Built

3

3

Total Bedrooms

3

3

Total Bathrooms

2,220

2,220

Sq.Ft.

Living Space

2.0

2.0

Garage Spaces

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01

Interior

Total Bedrooms

3

Total Bathrooms

3

Full Bathrooms

3

Flooring

Marble, Vinyl

Appliances

Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer

Other Interior Features

First Floor Entry, Built-in Features, Cooking Island, Elevator, Fire Sprinklers, Pantry, Walk-In Closet(s)
01

Exterior & Building

Stories

7

Garage Spaces

2.0

Parking

2 Or More Spaces

Heat Type

Central, Electric

Air Conditioning

Central Air, Electric

HOA Amenities

Clubhouse-Clubroom, Community Room, Exercise Room, Library, Child Play Area, Pool, Private Pool, Sauna, Spa/Hot Tub, Tennis Court(s)

Security Features

Fire Sprinklers, Card Entry, Phone Entry, Intercom In Lobby, Security Patrol

Other Exterior Features

Open Balcony
01

Lot & Area

Status

Sold

Living Area

2,220 Sq.Ft.

MLS® ID

A11338134

Type

Condo

Year Built

1996

Neighborhood

Key Biscayne

Architecture Styles

High Rise

Water Frontage

Lake

View Description

Lake,Other View
01

Finance

Sales Price

$2,000,000

Real Estate Taxes

$14,829/yr

HOA Fees

$4,451/3 mos

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Key Biscayne

Key Biscayne (Spanish: Cayo Vizcaíno) is an island located in Miami-Dade County, Florida, located between the Atlantic Ocean and Biscayne Bay. It is the southernmost of the barrier islands along the Atlantic coast of Florida, and lies south of Miami Beach and southeast of Miami. The key is connected to Miami via the Rickenbacker Causeway, originally built in 1947. The northern portion of Key Biscayne is home to Crandon Park, a county park. The middle section of the island consists of the incorporated Village of Key Biscayne. The southern part of the island is now protected as Bill Baggs Cape Florida State Park, adjacent to Biscayne National Park, one of the two national parks in Miami-Dade County.

Key Biscayne played a critical role in early maritime navigation along South Florida’s coast. Natural channels, such as Bear Cut and the Cape Florida Channel, historically provided key access points for ships entering Biscayne Bay before modern dredging reshaped the coastline. The Cape Florida Lighthouse, built in 1825, guided mariners safely past the reefs and shoals offshore of Key Biscayne. The lighthouse not only reduced the danger of shipwrecks along this stretch of reef but also marked the deepest natural channel into Biscayne Bay, helping shape maritime travel and trade in the region.

The island’s history spans indigenous Tequesta habitation, early Spanish exploration by Juan Ponce de León, and later use as a lighthouse site, military post, and agricultural hub. Over the 19th and early 20th centuries, Key Biscayne saw coconut and pineapple plantations, failed resort ambitions, wartime significance, and eventual preservation. Much of the northern island became Crandon Park, while the southern end was saved as Bill Baggs Cape Florida State Park in 1967, securing Key Biscayne’s legacy as both a historic and protected coastal landscape.

 

Key Biscayne offers a rare island lifestyle just minutes from Brickell and Downtown Miami. Known for its pristine beaches, lush parks, and village feel, it delivers a calm, residential environment with direct access to Miami’s business and cultural core. Life here is quieter, greener, and centered around the water, creating a true escape without sacrificing convenience.

What sets Key Biscayne apart is balance. Residents enjoy top-rated schools, low density zoning, and an outdoor focused lifestyle built around biking paths, tennis, marinas, and iconic spaces like Crandon Park and Bill Baggs Cape Florida State Park. From waterfront condos to elegant single family homes, the real estate market reflects understated luxury, long term value, and strong demand, making Key Biscayne one of South Florida’s most desirable and resilient places to live.

Frequently Asked Questions About Key Biscayne, Florida

Is Key Biscayne a good place to live?
Yes. Key Biscayne offers safety, top schools, beautiful beaches, and a strong sense of community, all just minutes from Miami.

Is Key Biscayne part of Miami?
Key Biscayne is its own village, located just south of Miami and connected by the Rickenbacker Causeway.

What types of homes are available in Key Biscayne?
Key Biscayne features luxury condominiums, waterfront residences, and single family homes, many with beach or bay access.

What are the best activities in Key Biscayne?
Residents enjoy boating, biking, tennis, beach days, Crandon Park, Bill Baggs Cape Florida State Park, and nearby Biscayne National Park.

How far is Key Biscayne from Downtown Miami?
Key Biscayne is approximately 10 to 15 minutes from Brickell and Downtown Miami, depending on traffic.

Key Biscayne played a critical role in early maritime navigation along South Florida’s coast. Natural channels, such as Bear Cut and the Cape Florida Channel, historically provided key access points for ships entering Biscayne Bay before modern dredging reshaped the coastline. The Cape Florida Lighthouse, built in 1825, guided mariners safely past the reefs and shoals offshore of Key Biscayne. The lighthouse not only reduced the danger of shipwrecks along this stretch of reef but also marked the deepest natural channel into Biscayne Bay, helping shape maritime travel and trade in the region. The island’s history spans indigenous Tequesta habitation, early Spanish exploration by Juan Ponce de León, and later use as a lighthouse site, military post, and agricultural hub. Over the 19th and early 20th centuries, Key Biscayne saw coconut and pineapple plantations, failed resort ambitions, wartime significance, and eventual preservation. Much of the northern island became Crandon Park, while the southern end was saved as Bill Baggs Cape Florida State Park in 1967, securing Key Biscayne’s legacy as both a historic and protected coastal landscape. Key Biscayne offers a rare island lifestyle just minutes from Brickell and Downtown Miami. Known for its pristine beaches, lush parks, and village feel, it delivers a calm, residential environment with direct access to Miami’s business and cultural core. Life here is quieter, greener, and centered around the water, creating a true escape without sacrificing convenience. What sets Key Biscayne apart is balance. Residents enjoy top-rated schools, low density zoning, and an outdoor focused lifestyle built around biking paths, tennis, marinas, and iconic spaces like Crandon Park and Bill Baggs Cape Florida State Park. From waterfront condos to elegant single family homes, the real estate market reflects understated luxury, long term value, and strong demand, making Key Biscayne one of South Florida’s most desirable and resilient places to live. Frequently Asked Questions About Key Biscayne, Florida Is Key Biscayne a good place to live?Yes. Key Biscayne offers safety, top schools, beautiful beaches, and a strong sense of community, all just minutes from Miami. Is Key Biscayne part of Miami?Key Biscayne is its own village, located just south of Miami and connected by the Rickenbacker Causeway. What types of homes are available in Key Biscayne?Key Biscayne features luxury condominiums, waterfront residences, and single family homes, many with beach or bay access. What are the best activities in Key Biscayne?Residents enjoy boating, biking, tennis, beach days, Crandon Park, Bill Baggs Cape Florida State Park, and nearby Biscayne National Park. How far is Key Biscayne from Downtown Miami?Key Biscayne is approximately 10 to 15 minutes from Brickell and Downtown Miami, depending on traffic.
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Lucas Boccheciampe

EM

Lucas Boccheciampe

Founding Owner

BK3291732

A consummate people person, Lucas takes great pleasure in being present for his clients. His passion for waterfront property and the island lifestyle drives him to find the best match for each client’s specific interests and needs. Tech-savvy, detail-oriented, and focused, his keen understanding of the local market allows him to provide quality...

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Christina Viteri

EM

Christina Viteri

REALTOR® Advisor