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Aerial photo
Built in 2002 - 75 units - 7 floors

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Building Information

Lake Tower

Number of units: 75
Active listings for rent: 1
Active listings for sale: 6
Building inventory for sale: 8%
Number of sales over the last 12 months: 2
Number of sales over the last 6 months: 1
Number of sales over the last 3 months: 0
Avg. time to close over last 12 months: 89 days

Address

765 Crandon Blvd, Key Biscayne, Miami-Dade, FL, 33149

The Ocean Club - Lake Tower
795 Crandon Blvd.
Key Biscayne, FL 33149
305-365-2822

Link: http://www.oceanclubkeybiscayne.org/Default.aspx?p=DynamicModule&pageid=301066&ssid=185

Recent Sales

Unit # Size Closing Date Sale Price PPSF
311 2,602 sq ft Jun 2024 $2,415,000 $928
301 3,112 sq ft Feb 2024 $2,850,000 $916

Market Information

Building vs Area

Lake Tower: $982/sq. ft.
Key Biscayne: $1025/sq. ft.

Area vs City

Key Biscayne $1025/sq. ft.
Miami-Dade $694/sq. ft.

Inventory for sale

Key Biscayne: 3%
Miami-Dade: 4%

Avg. time to close over last 12 months

Lake Tower 89 days
Key Biscayne: 103 days
Miami-Dade: 86 days