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Waterfront · Condominium
$5,490,000$1,533 / sqft
799 Crandon Blvd # 202, Key Biscayne FL 33149
Listed
4
Bedrooms
6
Bathrooms
3,581 sqft
Interior
2002
Year built
$3,850 / mo
HOA
Condominium
Type
About this home
Spacious and elegant 4-bedroom, 5.5-bath residence offering approximately 3,581 SF of living area in prestigious Ocean Tower One at The Ocean Club, Key Biscayne. This generously proportioned home features expansive living and dining areas, a large kitchen with adjoining family room, beautiful marble and wood floors, abundant storage, and an oversized primary suite with multiple walk-in closets. Large terraces extend the living spaces outdoors and overlook the lush tropical surroundings of The Ocean Club. Enjoy the privacy and comfort of one of Key Biscayne’s most exclusive gated oceanfront communities, offering private beach access, multiple pools, restaurants, state-of-the-art fitness center and spa, tennis and padel courts, concierge, valet and 24-hour security. A rare opportunity to customize a substantial residence and create an exceptional island home.
Features
- First Floor Entry
- Built-in Features
- Walk-In Closet(s)
- Maid/In-Law Quarters
- Open Balcony
- Club Area View
- Garden View
- Ocean View
Leasing
- Minimum lease
- 60 days
- Leases permitted per year
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 4-bed rentals across Miami-Dade, from 123 active listings; the middle half ask $15,000–$37,000.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.