All listings
Active
Active1 / 40
Photo 1 of 40
Condominium
$770,000$697 / sqft
77 Crandon Blvd # 5C, Key Biscayne FL 33149
Listed
2
Bedrooms
2
Bathrooms
1,105 sqft
Interior
1974
Year built
$1,356 / mo
HOA
Condominium
Type
About this home
Welcome to The Palms of Key Biscayne, a boutique condominium ideally located at the entrance of the Village. This updated 2-bedroom, 2-bath residence with west-facing residence, Unit 5C is located on the fifth floor and offers approximately 1,105 square feet of bright and comfortable living space. The residence features a desirable split-bedroom floor plan provides added privacy, with both bedrooms featuring en-suite baths and positioned on opposite sides of the living and dining areas. The residence features ceramic tile flooring throughout with vinyl flooring in the kitchen, two ceiling fans, updated bathroom lighting, a pantry, a linen closet, hurricane shutters, a new GE all-in-one washer/dryer, and a Titan electric water heater. The partially enclosed balcony creates a wonderful setting for breakfast, while overlooking the palm trees and beautiful sunsets. Additional conveniences include one assigned outdoor parking space, ample guest parking and a private storage unit conveniently located on the same floor and bicycle storage monthly maintenance includes cable and internet. The Palms features only 48 residences, with just five units per floor, creating a private, quiet, and intimate residential atmosphere. Building amenities include a swimming pool, sauna, multipurpose room with kitchenette, daytime doorman service, and secured intercom access. Enjoy the Key Biscayne lifestyle just one block from the beach, with convenient beach access at the end of Ocean Lane. The property is also close to the Key Biscayne Community Center, shopping centers, restaurants, parks, schools, and everything the island has to offer. Enjoy west-facing views of Key Biscayne, the skyline and beautiful afternoon sunsets.
Features
- Interior Hall
- Pantry
- Split Bedroom
- Other
- Storage
- Open Balcony
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 2-bed rentals in Key Biscayne, from 83 active listings; the middle half ask $5,500–$9,500.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.