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Waterfront · Condominium
$3,975,000$1,285 / sqft
781 Crandon Blvd # 401, Key Biscayne FL 33149
Listed
3
Bedrooms
5
Bathrooms
3,093 sqft
Interior
1999
Year built
$1,513 / mo
HOA
Condominium
Type
About this home
Discover refined island living at the Ocean Club in Key Biscayne. This exceptional 3,093-square-foot, floor-through residence features three bedrooms, a versatile den that can serve as a fourth bedroom, and four-and-a-half bathrooms. An open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an inviting setting for entertaining, enhanced by abundant natural light. Two expansive terraces overlook lush tropical landscaping and offer tranquil spaces to relax. The spacious primary suite includes a spa-inspired bathroom and two walk-in closets, while the additional bedrooms feature en-suite baths for comfort and privacy. Residents enjoy access to the Ocean Club’s premier amenities, including swimming pools, tennis courts, a fitness center, spa, restaurants, concierge services, security, and a spectacular beach. Experience the best of luxury coastal living in Key Biscayne.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Fire Sprinklers
- Walk-In Closet(s)
- Den/Library/Office
- Utility Room/Laundry
- East Of Us1
- Open Balcony
- Garden View
Leasing
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Key Biscayne, from 39 active listings; the middle half ask $9,000–$19,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.