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Waterfront · Condominium
$1,525,000$1,082 / sqft
1111 Crandon Blvd # B705, Key Biscayne FL 33149
Listed
2
Bedrooms
2
Bathrooms
1,409 sqft
Interior
1972
Year built
$1,952 / mo
HOA
Condominium
Type
About this home
SIGNIFICANT PRICE REDUCTION. Located on the exclusive island of paradise Key Biscayne. Experience the best of oceanfront living at the prestigious Tower of Key Biscayne. This exceptional residence offers spectacular, unobstructed direct ocean views from the apartment and an elegant blend of comfort, luxury, and coastal charm. Wake up to breathtaking sunrises over the Atlantic and enjoy the soothing sound of the waves from your private balcony. The spacious floor plan is creating a warm and inviting atmosphere ideal for everyday living. Gated community with 24 hr. security guard at the gate and guard at inside and around the building. 2 bedrooms/2 bathrooms apartment beautifully updated very stylish fully furnished direct ocean view day and night. Marble floor in the living room, dining room, kitchen and both bathrooms. In the bedrooms and in the huge walk in closet has a wood floor. Modern kitchen cabinets, built with KitchenAid appliances. Master bathroom has a jacuzzi with a shower and two sinks. The guest bathroom has a shower. Washer and Dryer inside the apartment. Residents enjoy a full-service lifestyle with outstanding amenities, including private beach access, heated pools, tennis court, BBQ area, pagoda at the beach side, GYM, tennis court, Hair/Nail salon, card room, and beautifully maintained grounds and landscape. Minutes from Crandon Park, World-class dining, marinas, golf, tennis court, short drive to Brickell, Downtown Miami, and Miami International Airport.
Features
- Roman Tub
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Barbeque
- Open Balcony
- Tennis Court(s)
- Ocean View
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.