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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: 6
Building inventory for sale: 5%
Number of sales over the last 12 months: 8
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: 70 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
907 3,581 sq ft Dec 2023 $5,450,000 $1,522
206 3,989 sq ft Jun 2023 $5,250,000 $1,316
502 2,510 sq ft May 2023 $2,700,000 $1,076
808 5,207 sq ft May 2023 $8,615,000 $1,655
508 5,207 sq ft May 2023 $9,250,000 $1,776

Market Information

Building vs Area

Ocean Tower 2: $1455/sq. ft.
Key Biscayne: $1025/sq. ft.

Area vs City

Key Biscayne $1025/sq. ft.
Miami-Dade $703/sq. ft.

Inventory for sale

Key Biscayne: 2%
Miami-Dade: 3%

Avg. time to close over last 12 months

Ocean Tower 2 70 days
Key Biscayne: 96 days
Miami-Dade: 80 days