791 Crandon Blvd, Key Biscayne FL 33149 | Miami-Dade County | A12028157
- $5,100,000
- Condominium
- 3
- 3
- 2
- 2510 Sq Ft
- $5,100,000
Description
An exceptional penthouse on the top floor of Ocean Tower 2, on the market for the first time. Spanning 2,510 square feet, this elegant residence features 3 bedrooms and 3 full bathrooms, with sweeping ocean and city views from floor-to-ceiling windows.
Two private elevators open directly into your own foyer. Inside, soaring penthouse ceilings create an airy, open feel throughout all three bedrooms and living spaces, each positioned to capture the building’s best views. Elegant marble floors and 2 assigned parking spaces complete the home.
Set within the gated Ocean Club, a 52-acre oceanfront enclave with 1,000 feet of private beach frontage, residents enjoy resort-style living at its finest: a private Beach Club, multiple pools, clay tennis and padel courts, a beachside bar and grill, fine dining, a spa and fitness center, concierge and valet service, and beautifully landscaped grounds surrounding a private lake.
A penthouse opportunity at one of Key Biscayne’s most coveted addresses
Property Overview
This is a 3-bedroom, 3-bath condominium of about 2510 square feet at 791 Crandon Blvd, Key Biscayne FL 33149 (Key Biscayne 33149), listed at $5,100,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $3,121.
The tax of record is $44,507 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $102,000/yr (≈ $8,500/mo); with the homestead exemption on a primary residence, about $101,000/yr (≈ $8,417/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 791 Crandon Blvd is $5,100,000. This home is sold furnished, and fixtures and built-in appliances convey with the property.
Separate from the home's assets, the record shows an Other Membership Included for community amenities. 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 791 Crandon Blvd, Key Biscayne FL 33149, situated within the coastal corridor of Key Biscayne 33149. This location places the 3bd/3ba residence, listed at $5,100,000, in a specific maritime environment.
Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to verify the precise site details.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee is $3,121. According to the record, this amount covers Other Maintenance Includes. 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 verify these details.
What are the property taxes and homestead implications?
The tax of record is $44,507 (2025). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, the ESTIMATE without homestead is about $102,000/yr (≈ $8,500/mo), while the ESTIMATE with the homestead exemption on a primary residence is about $101,000/yr (≈ $8,417/mo).
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 categorize areas by their risk of flooding, which you can understand through FEMA definitions. Lenders often require flood insurance for properties in high-risk zones. View the FEMA flood map for this address to see the specific designation for 791 Crandon Blvd.
Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to verify these details.
Are pets allowed?
Pets are allowed at 791 Crandon Blvd. If a documented service animal or ESA is involved, separate federal accommodation rules can apply.
Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to verify these details.
How is the price set and is there room to negotiate?
The list price of $5,100,000 reflects current market conditions. Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026).
The specific valuation for this unit comes from a CMA. Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, for a Key Biscayne-specific CMA to verify the value before submitting an offer.
What financing step do you recommend before touring?
Secure a pre-approval before touring 791 Crandon Blvd to ensure your budget aligns with the $5,100,000 asking price. You should seek the advice of a Florida Licensed Mortgage Loan Officer to establish your buying power.
Contact Christopher Lazaro, Key Biscayne Real Estate Broker Associate, to verify these requirements.
Monthly Fees & Carrying Costs
| Association Fee | $9,362 / quarter ($3,121/mo) |
| Condo Maintenance Fee | $4,539 / quarter ($1,513/mo) |
| Total Monthly Fees | $4,634 / month |
Fees with a non-monthly frequency are converted to a monthly equivalent in the total.
- 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: OCEAN TOWER TWO CONDO
Details
Updated on August 13, 2026 at 4:50 pm-
Property ID A12028157
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Price $5,100,000
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Property Size 2510 Sq Ft
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Bedrooms 3
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Room 0
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Bathrooms 3
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Garages 2
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Year Built 2001
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Other
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Waterfront Features Ocean Front
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Bedroom Features Other
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Cooling Central Air
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Association Type Condo
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Building OCEAN TOWER TWO CONDO
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Association Fee Frequency Quarterly
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Area Ocean Tower Two Condo
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Annual Tax 44507
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Maintenance Fee Paid Per Quarterly
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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 Yes
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Full Bathrooms 3
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Subdivision OCEAN TOWER TWO CONDO
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Total Stories 16
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Restrictions Ok To Lease
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Maintenance Includes Other Maintenance Includes
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Amenities Other Membership Included
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Parking 2 Or More Spaces
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction Other
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Covered Spaces 2
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Middle School Ponce De Leon
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Unit Floor 16
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View Ocean View
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Year Built Details Resale
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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 PH04
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Inclusions Other,Private Dock
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Half Bathrooms 0
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Flood Zone AE
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New Construction No
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Garage Spaces 2
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Style Condo 5+ Stories
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Association Fee 9362
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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