181 Crandon Blvd # 405, Key Biscayne FL 33149 | Miami-Dade County | A12025651
- $1,150,000
- $1,150,000
Description
Penthouse-level residence in Botanica featuring a highly desirable 2BD/2BA + den layout. The spacious den includes a window and can easily be converted into a third bedroom, home office, or guest space. This bright and airy unit offers tranquil garden views and abundant natural light throughout. Enjoy added privacy with only one neighboring residence, creating a quiet and exclusive living experience.
Located in Key Colony, offering resort-style amenities including 12 tennis courts, semi-Olympic pool, beach access, gym, playground, and 24-hour security.
Easy to show. Please contact listing agent to schedule an appointment.
Property Overview
This is a 2-bedroom, 2-bath home of about 1600 square feet at 181 Crandon Blvd # 405, Key Biscayne FL 33149 (Key Biscayne 33149), listed at $1,150,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $2014.
The tax of record is $11,788 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $23,000/yr (≈ $1,917/mo); with the homestead exemption on a primary residence, about $22,000/yr (≈ $1,833/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 home at 181 Crandon Blvd #405 is listed at $1,150,000. While the MLS does not specify furnished status, fixtures and built-in appliances typically convey with the home—always confirm specifics during due diligence. The unit itself includes 2 bedrooms, 2 baths, and approximately 1,600 sqft, while residents enjoy shared HOA amenities like the pool, tennis courts, fitness room, child play area, and vehicle wash area.
For precise details on what conveys with this Key Biscayne condo—and to explore its value—contact Christopher Lazaro, your trusted local broker, for a personalized walkthrough and verification.
Where exactly is it, and what should I know about the location?
181 Crandon Blvd #405 is a 2-bed, 2-bath condo in Key Biscayne, Florida (zip 33149), positioned along the island’s coastal corridor with direct access to Crandon Park’s beaches and marina. This prime location offers a tranquil residential setting while remaining minutes from Miami’s urban amenities via the Rickenbacker Causeway. For precise details on building amenities or seasonal traffic patterns, contact Christopher Lazaro, Key Biscayne Real Estate Broker, at your earliest convenience—he’ll ensure you have the full picture.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for 181 Crandon Blvd #405 is $2,014, which covers All Amenities, Cable TV, Internet/WiFi, Parking, Security, Trash Removal, and Water. The community adheres to Key Biscayne city ordinances, which you can review here. For precise details or to discuss how these fees align with your budget, contact Christopher Lazaro, Key Biscayne Real Estate Broker, directly.
What are the property taxes and homestead implications?
The current tax of record for 181 Crandon Blvd #405 is $11,788 (2025), but Florida reassesses upon sale. As an estimate only — using a Miami-Dade rate near 2.0% — taxes at this $1,150,000 price would be approximately $23,000/yr (≈ $1,917/mo) without homestead. Florida's homestead exemption, which lowers taxable value for primary residences only, could reduce this to an estimated $22,000/yr (≈ $1,833/mo). These are estimates, not quotes — always confirm with the Miami-Dade Property Appraiser and your tax professional.
For precise projections tailored to your situation, contact Christopher Lazaro, Key Biscayne Real Estate Broker, who’ll ensure your numbers are verified before proceeding.
Is the home in a flood zone, and what does that mean?
Yes, 181 Crandon Blvd #405 is in a FEMA-designated flood zone, which affects insurance requirements and risk assessment. Flood zones categorize areas by their likelihood of flooding—FEMA defines these zones based on factors like elevation and proximity to water. You can View the FEMA flood map for this address to see its specific designation. Since lenders often mandate flood insurance in high-risk zones, I recommend consulting Christopher Lazaro, Key Biscayne Real Estate Broker, to clarify coverage details and explore mitigation strategies tailored to this property.
Are pets allowed?
This is a single-family home at 181 Crandon Blvd #405, so there’s no condo or HOA board restricting pets—ownership or leasing terms are entirely at the owner’s discretion, within local ordinances. Documented service animals and emotional support animals (ESAs) are protected under federal law. For precise details on current pet allowances or leasing terms, contact Christopher Lazaro, Key Biscayne Real Estate Broker, directly.
How is the price set and is there room to negotiate?
The $1,150,000 listing price for 181 Crandon Blvd #405 reflects a tailored comparative market analysis (CMA) for Key Biscayne condos, accounting for recent sales, building amenities, and direct waterfront proximity. While Miami-Dade single-family homes are currently closing at 95% of list price (averaging 41 days to contract, per MIAMI REALTORS® May 2026), condominium negotiations here often hinge on nuanced factors like reserve health or pent-up demand—we’ll refine this with a hyperlocal CMA before you proceed. For precise guidance, connect directly with Christopher Lazaro, Key Biscayne Real Estate Broker, to verify strategy.
What financing step do you recommend before touring?
Before touring 181 Crandon Blvd #405, I strongly recommend securing a pre-approval from a Florida Licensed Mortgage Loan Officer. This clarifies your budget and strengthens your position in Key Biscayne's competitive market, especially for this $1,150,000 condo. Reach out to me, Christopher Lazaro, Key Biscayne Real Estate Broker, to verify financing options or schedule a showing—I’ll ensure you’re fully prepared.
Monthly Fees & Carrying Costs
| Association Fee | $2,014 / month |
| Total Monthly Fees | $2,014 / month |
- Membership Required: No
- Application Fee: $150 (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
Open on Google Maps-
Address: Crandon Blvd
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City: Key Biscayne
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State/county: Miami-Dade County
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Zip/Postal Code: 33149
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Area: KEY COLONY NO 4 CONDO
Details
Updated on June 15, 2026 at 7:53 pm-
Property ID A12025651
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Price $1,150,000
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Property Size 1600 Sq Ft
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Bedrooms 2
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Room 0
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Bathrooms 2
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Garage 1
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Year Built 1981
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Tile, Wood
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Bedroom Features Primary Bath Shower, Primary Bath Tub
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Cooling Central Air
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Association Type Condo, Homeowners
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Building BOTANICA
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Association Fee Frequency Monthly
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Area Key Colony No 4 Condo
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Annual Tax 11788
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Association Yes
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Elementary School Keybiscayne
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 2
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Subdivision KEY COLONY NO 4 CONDO
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Total Stories 4
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Restrictions No Daily Rentals, Ok To Lease
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Maintenance Includes All Amenities, Cable Tv, Internet/WiFi, Parking, Security, Trash Removal, Water
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Amenities Child Play Area, Community Room, Elevator(s), Exercise Room, Pool, Tennis Court(s), Trash Chute, Vehicle Wash Area
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Parking 1 Space, Assigned, Covered, Deeded, Guest
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Heating Central
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Structure Type Condo 1-4 Stories, Condo
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Tax Year 2025
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Construction Concrete Block Construction
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Building Area 1600
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Covered Spaces 1
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Middle School Ponce De Leon
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Unit Floor 4
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View Garden View
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Year Built Details Effective Year Built
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High School Coral Gables
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Pets Allowed Yes
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Attached Yes
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Unit Number 405
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Half Bathrooms 0
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Flood Zone AE
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 1
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Style Condo 1-4 Stories
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Association Fee 2014
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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