721 Crandon Blvd · Key Biscayne, FL 33149

Lake Villa One

6-story mid-rise, completed 2002, 802 residences in Key Biscayne. 1 for rent on Nov 2, 2026.

Tell me your unit and I'll prepare its value myself, from Lake Villa One's closed sales and what is listed now. Then we talk it through.

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At a glance Lake Villa One (721 Crandon Blvd, Key Biscayne) is a 6-story, 802-unit building completed in 2002. As of Nov 2, 2026, no unit is for sale and 1 is for rent; the median closed price was $973 per square foot over 4 sales in the last 24 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

For sale
0
For rent
1
Median $/SF
$9734 sales · 24 mo
Sold
2last 12 months
Built
2002
Floors
6
Residences
802
Flood zone
AEFEMA

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

On the market at Lake Villa One.

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 Lake Villa One.

Activity as of Nov 2, 2026
  • Resale +64%. The median closed price moved from $540/SF in 2021 (3 sales) to $884/SF in 2023 (4 sales), the first and last years with three or more recorded sales.
Read the full record 3 paragraphs and 7 facts, every figure from the MLS and county record

Lake Villa One is a 6-story mid-rise at 721 Crandon Blvd in Key Biscayne, built in 2002. 802 residences are on record for the building. No Key Biscayne building in the atlas has more recorded units.

Nothing was listed for sale on November 2, 2026. Two sales closed between November 2, 2025 and November 2, 2026, from $2.1M to $2.6M, $954 and $1,041/SF. The year before saw two closed sales.

One unit was offered for rent at $18,000 a month. The most recent lease on record was signed in October 2025.

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

The record

Address
721 Crandon Blvd, Key Biscayne 33149
Neighborhood
Key Biscayne
Year built
2002
Floors
6
Residences on file
802
Recorded MLS listings
24
Also recorded as
723 Crandon Blvd
725 Crandon Blvd
727 Crandon Blvd

The numbers at Lake Villa One.

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, 2020 to 2026. Count in the tooltip.

$499$998$5062020$5402021$8202022$8842023$9722024$9712025$9982026$499$998$5062020$5402021$8202022$8842023$9722024$9712025$9982026

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)2$998*––
20252$971*3$12,500/mo
20241$972*––
20234$8842$11,750/mo*
20221$820*1$9,800/mo*
20213$540––
20201$506*––

* 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 2021: $540 (3 sales). In the last 24 months: $973 (4 sales). Change: +80%.

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 14 sales · 6 leases on record since 2020

Closed sales Nov 2, 2024 to Nov 2, 2026 · 4

UnitBDBASFAskedClosed$/SFClose dateDOM
502332,497$2,660,000$2,600,000$1,041Jun 5, 20261
207332,174$2,295,000$2,075,000$954Feb 2, 202647
206332,497$2,600,000$2,475,000$991Jul 1, 202549
408332,683$2,650,000$2,550,000$950Mar 5, 202598

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 Lake Villa One.

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 9 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

Due 2032

Due by statute by December 31, 2032, 30 years after 2002, then every 10 years.

What the deadline means
  • Miami-Dade sets 25 years for condo buildings within three miles of the coastline, which would be December 31, 2027.
  • Based on year built 2002 (MLS 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 Lake Villa One

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.

Own here, or looking here

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 Lake Villa One's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at Lake Villa One lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

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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

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