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Condominium
$2,850,000$1,095 / sqft
765 Crandon Blvd # 310, Key Biscayne FL 33149
Listed
3
Bedrooms
3
Bathrooms
2,602 sqft
Interior
2002
Year built
$3,434 / mo
HOA
Condominium
Type
About this home
Island living perfected! Exceptional 3-bedroom, 3-bathroom residence at Lake Tower, one of The Ocean Club’s most desirable boutique buildings. Offering 2,602 SF of interior space, this flow-through home features a private elevator entry, two oversized balconies and beautiful views. Marble floors enhance the main living areas and bathrooms, while the bedrooms feature warm wood flooring. The spacious kitchen offers a breakfast area, abundant cabinetry and direct balcony access. A full-size laundry room may also serve as staff quarters. With only 75 residences, Lake Tower combines privacy with The Ocean Club’s unmatched resort lifestyle, including a private Beach Club, oceanfront dining, beachside bar and grill, fitness center, spa, beauty salon, tennis and padel courts, Youth Center, playground, 24-hour security and concierge, valet parking and more. A rare opportunity to enjoy spacious, sophisticated island living in the heart of Key Biscayne, just minutes from Brickell, Downtown Miami, Coconut Grove, Coral Gables, South Beach and Miami International Airport.
Features
- Built-in Features
- Closet Cabinetry
- Entrance Foyer
- Walk-In Closet(s)
- Storage
- Utility Room/Laundry
- Other
- Barbeque
- Open Balcony
- Tennis Court(s)
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 39 active listings; the middle half ask $9,000–$19,000.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.