4
  • Type
  • Condominium
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Garage
  • 1409 Sq Ft
  • Area Size
1111 Crandon Blvd # B506, Key Biscayne FL 33149 | Miami-Dade County | A12025823
  • $1,350,000

Description

SMACK ON THE OCEAN.lOOK AT THE EVER CHANGING TURQUOISE SEA,HEAR THE SOUND OF THE WAVES,WAKE UP WATCHING THE SUN RISE.Direct access to the beach without going through the lobby.White Thassos marble floors,.This is the absolute best line in the Towers for that model.The apt needs some refreshing work and this is the best time to do it while the building is finishing the extensive renovation.The apt is empty and can be shown at any time.

Property Overview

This is a 2-bedroom, 2-bath condominium of about 1409 square feet at 1111 Crandon Blvd # B506, Key Biscayne FL 33149 (Key Biscayne 33149), listed at $1,350,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $1,733.

The tax of record is $15,042 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $27,000/yr (≈ $2,250/mo); with the homestead exemption on a primary residence, about $26,000/yr (≈ $2,167/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 1111 Crandon Blvd # B506 is $1,350,000. The property is sold unfurnished, though fixtures and built-in appliances convey with the home.

Shared community amenities include the heated pool, pool, private beach pavilion, tennis courts, sauna, exercise room, billiard room, community room, kitchen facilities, barbecue area, bike storage, elevators, and a vehicle wash area. Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to verify these details.

Where exactly is it, and what should I know about the location?

The property is located at 1111 Crandon Blvd # B506, Key Biscayne FL 33149, situated along the coastal corridor of Key Biscayne 33149. This 2bd/2ba unit offers approximately 1409 sqft of space and is listed at $1,350,000.

Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to verify location details.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee is $1,733. This payment covers All Amenities, Building Exterior, Cable Tv, Elevator, Hot Water, Insurance, Internet/WiFi, Landscaping/Lawn Maintenance, Outside Maintenance, Pest Control Interior, Pool Service, Reserve Fund, Security, Water.

An active special assessment is on record; verify the specific balance and terms during due diligence. The community is subject to city ordinances found at https://library.municode.com/fl/key_biscayne/codes/code_of_ordinances. Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to confirm these details.

What are the property taxes and homestead implications?

The tax of record is $15,042 (2025). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, the ESTIMATE is about $27,000/yr (≈ $2,250/mo) without homestead, or about $26,000/yr (≈ $2,167/mo) with the homestead exemption on a primary residence. Florida's homestead exemption lowers taxable value only for a primary residence.

Confirm these figures with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to verify.

Is the home in a flood zone, and what does that mean?

Flood zones indicate the risk level of flooding for a specific area. You can find FEMA definitions and View the FEMA flood map for this address to see the status of 1111 Crandon Blvd # B506. Lenders often require flood insurance in high-risk zones.

Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to verify these details.

Are pets allowed?

Pets are allowed, with restrictions (or possible restrictions) per the MLS record. A nonrefundable pet fee applies. We will provide the association's exact current pet rules for 1111 Crandon Blvd # B506 upon request.

Separate federal accommodation rules apply for documented service animals or ESAs. Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to verify these terms.

How is the price set and is there room to negotiate?

Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026). The $1,350,000 asking price for 1111 Crandon Blvd # B506 is derived from a CMA focusing on building and vicinity-specific data.

I will provide a Key Biscayne-specific CMA before you set an offer to ensure the price is accurate. Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to verify these figures.

What financing step do you recommend before touring?

Secure a pre-approval before touring 1111 Crandon Blvd # B506 to ensure your budget aligns with the $1,350,000 list price. Consult a Florida Licensed Mortgage Loan Originator to establish your buying power.

Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to verify these details.

Monthly Fees & Carrying Costs

Association Fee $5,200 / quarter ($1,733/mo)
Total Monthly Fees $1,733 / month
  • Membership Required: No
  • Application Fee: $250 (one-time)

Have a question about this Key Biscayne listing?

Talk directly with Christopher Lazaro, your Key Biscayne real estate advisor. No pressure — real answers.

  • Address: Crandon Blvd
  • City: Key Biscayne
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33149
  • Area: TOWERS OF KEY BISCAYNE CO

Details

Updated on August 19, 2026 at 6:48 pm
  • Property ID A12025823
  • Price $1,350,000
  • Property Size 1409 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Garage 1
  • Year Built 1972
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Marble
  • Waterfront Features Ocean Front
  • Bedroom Features Other, Primary Bath Shower, Primary Bath Tub
  • Cooling Electric
  • Association Type Condo
  • Building TOWERS OF KEY BISCAYNE CO
  • Association Fee Frequency Quarterly
  • Area Towers Of Key Biscayne Co
  • Annual Tax 15042
  • Association Yes
  • Elementary School Keybiscayne
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 2
  • Subdivision TOWERS OF KEY BISCAYNE CO
  • Total Stories 13
  • Restrictions Exterior Alterations, Ok To Lease
  • Parking Covered, Fee Simple Garage, Golf Cart Parking, Guest, No Rv/Boats
  • Heating Reverse Cycle
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 1409
  • Covered Spaces 1
  • Middle School Ponce De Leon
  • Unit Floor 5
  • View Direct Ocean
  • Year Built Details Resale
  • High School Coral Gables
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number B506
  • Inclusions Unrestricted Salt Water Access
  • Half Bathrooms 0
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 5200
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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