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Built in 2001 - 111 units - 16 floors

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Building Information

Ocean Tower 2

Number of units: 111
Active listings for rent: 3
Active listings for sale: 2
Building inventory for sale: 1%
Number of sales over the last 12 months: 4
Number of sales over the last 6 months: 2
Number of sales over the last 3 months: 1
Avg. time to close over last 12 months: 106 days

Address

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

Ocean Tower two Condominium Association Inc
(305) 365-7775      

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

Recent Sales

Unit # Size Closing Date Sale Price PPSF
704 2,510 sq ft Dec 2024 $3,200,000 $1,275
707 3,581 sq ft Sep 2024 $4,500,000 $1,257
402 2,510 sq ft Jul 2024 $3,900,000 $1,554
407 3,581 sq ft Jun 2024 $4,710,000 $1,315

Market Information

Building vs Area

Ocean Tower 2: $1498/sq. ft.
Key Biscayne: $1029/sq. ft.

Area vs City

Key Biscayne $1029/sq. ft.
Miami-Dade $688/sq. ft.

Inventory for sale

Key Biscayne: 3%
Miami-Dade: 5%

Avg. time to close over last 12 months

Ocean Tower 2 106 days
Key Biscayne: 95 days
Miami-Dade: 91 days