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Condominium
$2,100,000$857 / sqft
575 Crandon Blvd # 801, Key Biscayne FL 33149
Listed
3
Bedrooms
4
Bathrooms
2,450 sqft
Interior
1975
Year built
$1,998 / mo
HOA
Condominium
Type
About this home
Exceptional 2,500 SF corner residence in the heart of Key Biscayne, offering the space and comfort rarely found in condo living. Completely remodeled, this 3-bedroom, 3.5-bath home features expansive living areas, elegant flooring, beautifully updated bathrooms and an extended kitchen with bar and coffee station. Two balconies showcase open views over the Village Green and Biscayne Bay, filling the residence with natural light. Includes oversized closets and 3 covered parking spaces. Ideally located at The Ambassador, a classic Key Biscayne building, just steps from the beach, Community Center, parks, shops, restaurants and schools. A rare combination of space, views, location and move-in-ready living.
Features
- First Floor Entry
- Open Balcony
- Bay
- Ocean View
- Skyline
- Water View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Okay To Lease 1st Year
- Renting Limited
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 3-bed rentals in Key Biscayne, from 40 active listings; the middle half ask $10,000–$18,000.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.