1121 Crandon Blvd · Key Biscayne, FL 33149

The Towers of Key Biscayne, Phase II

12-story mid-rise, completed 1971, 267 residences in Key Biscayne. 1 for sale and 7 for rent on Nov 2, 2026.

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At a glance The Towers of Key Biscayne, Phase II (1121 Crandon Blvd, Key Biscayne) is a 12-story, 267-unit building completed in 1971. As of Nov 2, 2026, 1 unit is for sale and 7 are for rent; the median closed price was $873 per square foot over 17 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
1
For rent
7
Median $/SF
$87317 sales · 12 mo
Sold
17last 12 months
Built
1971
Floors
12
Residences
267county
Flood zone
AEFEMA
Waterfront
No / Across Water

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at The Towers of Key Biscayne, Phase II.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33149

The read on The Towers of Key Biscayne, Phase II.

Activity as of Nov 2, 2026
  • Resale +134%. The median closed price moved from $373/SF in 2020 (15 sales) to $873/SF in 2026 (17 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 5.6%. A year of rent at the median $4.08/SF/mo (17 leases) against the median $873/SF sale (17 sales), both over 12 months, before HOA, taxes and vacancy.
  • Sells in a median 91 days. Days on market across the 17 sales closed in the last 12 months.

Where it ranks citywide, condo buildings in 17 Miami neighborhoods

  • #33 of 345 · biggest $/sf change since 2021+54.2% median $/SF since 2021 ($566 to $873) · n 41 · Calendar 2021 vs Oct 2025 to Sep 2026

See the full rankings · How rankings are made

Read the full record 3 paragraphs and 10 facts, every figure from the MLS and county record

Built in 1971, The Towers of Key Biscayne, Phase II is a 12-story mid-rise at 1121 Crandon Blvd in Key Biscayne. The Miami-Dade Property Appraiser lists 267 residential units. The condo archive records it as waterfront (no / across water). Its MLS and county records file it, with one other building, under the legal name Towers of Key Biscayne.

On November 2, 2026, one unit was listed for sale, asking $1.2M (that is $869/SF). One more was under contract. 17 sales closed between November 2, 2025 and November 2, 2026, from $820K to $2.8M, a median $873/SF, after a median 91 days on the market. In the 12 months before that, nine sales closed at a median $785/SF, so the median rose 11%. The MLS holds 91 closed sales here going back to 2019; among years with three or more sales, 2026 set the high at a median $873/SF. That 12-month median ranks 14th of the 23 Key Biscayne buildings with at least three sales in the same window. Two-bedrooms made up 21 of the 26 sales in the last 24 months, at a median $1,230,000.

Seven units were offered for rent at $6,300 to $13,500 a month. 17 leases were signed over the same 12 months, at a median $6,300 a month (range $4,175 to $9,600).

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
1121 Crandon Blvd, Key Biscayne 33149
Neighborhood
Key Biscayne
Year built
1971
Floors
12
Residences (county-verified)
267
County condo folios
267
Waterfront
No / Across Water
Recorded MLS listings
201
Recorded as
Towers of Key Biscayne
Also recorded as
1121 Crandon Bl

The numbers at The Towers of Key Biscayne, Phase II.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$437$873$5502019$3732020$5662021$7572022$8162023$8392024$8122025$8732026$437$873$550'19'20$566'21'22$816'23'24'25$873'26

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)17$87312$6,400/mo
20258$81220$6,163/mo
202411$83912$6,400/mo
202310$81612$6,500/mo
20224$7579$7,000/mo
202125$5667$6,950/mo
202015$37316$4,025/mo
20191$550*2$3,125/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Own here? See how the building moved since you bought.

Median closed $/SF in 2020: $373 (15 sales). In the last 12 months: $873 (17 sales). Change: +134%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 91 sales · 90 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 26

UnitBDBASFAskedClosed$/SFClose dateDOM
E405221,409$1,225,000$1,160,000$823Sep 15, 202694
F403221,597$1,570,000$1,530,000$958Sep 14, 202653
E1205221,409$1,395,000$1,325,000$940Sep 14, 202656
D404221,409$985,000$1,066,687$757Aug 14, 2026201
F1203221,597$1,500,000$1,500,000$939Aug 2, 20264
F206321,782$1,295,000$1,230,000$690Jul 9, 202665
E803221,409$1,050,000$990,000$703Jun 29, 2026115
E501221,782$1,625,000$1,525,000$856Jun 25, 2026274
D1202221,782$2,090,000$1,842,500$1,034Jun 15, 202623
E503221,409$1,275,000$1,230,000$873May 8, 2026395
F802332,402$2,900,000$2,750,000$1,145Apr 6, 202610
E708221,782$1,795,000$1,650,000$926Mar 10, 2026129
E504221,409$1,240,000$1,060,000$752Feb 23, 202691
E304221,409$845,000$820,000$582Jan 30, 202642
D402221,782$1,770,000$1,700,000$954Jan 20, 202676
D706221,409$1,349,000$1,300,000$923Jan 16, 2026378
D604221,409$1,150,000$1,100,000$781Jan 14, 2026531
E105221,409$899,000$875,000$621Aug 13, 2025236
F602332,402$2,195,000$1,950,000$812Jun 27, 2025127
F906221,782$1,395,000$1,350,000$758Jun 24, 2025378
D907221,782$1,995,000$1,950,000$1,094Jun 12, 202534
F90322–$1,375,000$1,225,000–May 30, 202528
E707321,782$1,690,000$1,552,000$871Apr 18, 2025171
E405221,409$1,069,000$1,000,000$710Mar 14, 202514
F806321,782$1,770,000$1,600,000$898Feb 27, 202591
E308221,782$1,190,000$1,160,000$651Nov 8, 202469

Leases signed Nov 2, 2025 to Nov 2, 2026 · 17

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
D301221,782$9,500/mo$9,000/mo$5.05Oct 21, 202656
F804121,114$4,400/mo$4,175/mo$3.75Aug 6, 20268
F907321,782$10,000/mo$9,600/mo$5.39Jul 18, 202666
F601321,782$7,500/mo$6,500/mo$3.65Jul 17, 2026143
E107321,782$7,450/mo$7,600/mo$4.26Jul 16, 202693
D1007221,782$8,000/mo$7,000/mo$3.93Jul 7, 202640
E604221,409$5,900/mo$5,600/mo$3.97Jul 1, 202620
E1104221,409$5,750/mo$5,500/mo$3.90Jun 8, 20269
D806221,409$6,200/mo$6,150/mo$4.36Mar 20, 202620
D706221,409$6,300/mo$6,300/mo$4.47Mar 4, 202616
E904221,409$5,950/mo$5,400/mo$3.83Mar 3, 2026398
E108321,782$7,400/mo$7,000/mo$3.93Jan 15, 2026131
E1206221,409$6,500/mo$5,750/mo$4.08Dec 29, 20250
D304221,409$6,250/mo$6,125/mo$4.35Dec 12, 202570
D703221,409$6,000/mo$5,800/mo$4.12Dec 8, 202566

The 15 most recent of 17.

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on The Towers of Key Biscayne, Phase II.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 2001

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1971 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around The Towers of Key Biscayne, Phase II

5 more nearby

Compare with the two nearest →Every Key Biscayne building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

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Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from The Towers of Key Biscayne, Phase II's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

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Looking here?

Get alerts when a unit lists or sells

When a unit at The Towers of Key Biscayne, Phase II lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

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Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group