251 CRANDON BLVD 509, Key Biscayne, FL 33149

Parcel: 2442320180750 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$695,113

Property Details

Beds
2
Baths
2
Living Sqft
1,677
Year Built
1979
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$900,000
2007-08-01
2
$850,000-6%
2012-04-20
JOHN J SIERRA &WMARIA CECILIA LORCA
3
$1,140,000+34%
2016-05-16
MARIA CECILIA LORCAORLANDO CASTELLANOS GALINDO

Tax Assessment History

$695,113
Assessed (2025)
$1,183,005
Market Value
$644,391
Taxable Value
$13,119
Annual Tax
2024
$675,523
$1,183,005
2025
$695,113
$1,183,005
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $695,113 $1,183,005 $644,391 $13,119
2024 $675,523 $1,183,005 $625,523 $12,735

About 251 CRANDON BLVD 509, Key Biscayne, FL 33149

251 CRANDON BLVD 509, Key Biscayne, FL 33149 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1979 with 1,677 square feet of living space. The property is currently owned by ORLANDO CASTELLANOS GALINDO MARILEY PEREZ GARCIA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2016-05-16 for $1,140,000, when MARIA CECILIA LORCA sold to ORLANDO CASTELLANOS GALINDO . The property has appreciated $290,000 (34%) since the prior sale of $850,000 on 2012-04-20. There are 3 recorded sales for this property.

The 2025 assessed value is $695,113 with a market value of $1,183,005. The assessed value increased 3% from $675,523 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $146,719, and the median home value is $799,300.

The population density is 30,655 people per square mile. There are active mortgage liens totaling $655,932 recorded against this property. 251 CRANDON BLVD 509, Key Biscayne, FL 33149 is located in Key Biscayne, Florida.

Property records, tax assessments, sales history, and ownership information for this Key Biscayne property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2007 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 61% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $680 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

ORLANDO CASTELLANOS GALINDO MARILEY PEREZ GARCIA
251 CRANDON BLVD 509, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,351 — $13,312
Flood $400 — $800
Property/Wind $6,951 — $12,512

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$146,719
Median Home Value$799,300
Pop. Density30,655/sq mi

Neighborhood 33149

34.2%
Owner-Occ
65.8%
Investor
119
Flips (4yr)
3,025
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →

Mortgages

ACTIVE
$700,000
~$655,932 bal.
TIAA FSB · 2021-02-26
Est. Total Balance $655,932
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales