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Waterfront · Condominium
$3,340,000$1,331 / sqft
791 Crandon Blvd # 302, Key Biscayne FL 33149
Listed
3
Bedrooms
3
Bathrooms
2,510 sqft
Interior
2001
Year built
$3,183 / mo
HOA
Condominium
Type
About this home
Spacious 3BD/3BA residence offering 2,510 SF in the highly desirable Ocean Tower Two at The Ocean Club. Ideally positioned just steps from the beach, this unit enjoys one of the closest locations to the ocean within the community. Bright and expansive layout with generous living areas, large terrace, and excellent flow for both everyday living and entertaining. A rare opportunity to own in one of Key Biscayne’s most sought-after buildings
Features
- Lobby
- First Floor Entry
- Closet Cabinetry
- Fire Sprinklers
- Entrance Foyer
- Laundry Tub
- Storage
- Open Balcony
- Water View
Leasing
- Minimum lease
- 60 days
- Leases permitted per year
- 6
- Okay To Lease 1st 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 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.