1111 CRANDON BLVD B204, Key Biscayne, FL 33149

Parcel: 2452040101080 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$665,665

Property Details

Beds
2
Baths
2
Living Sqft
1,409
Year Built
1972
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$110,000
1986-11-01
2
$270,000+145%
2002-03-01
3
$385,000+43%
2010-04-28
JORGE SANCHEZ &W TALIAMERPIA CORPORATION

Tax Assessment History

$665,665
Assessed (2025)
$665,665
Market Value
$665,665
Taxable Value
$13,552
Annual Tax
2024
$700,700
2025
$665,665
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $665,665 $665,665 $665,665 $13,552
2024 $700,700 $700,700 $700,700 $14,266

About 1111 CRANDON BLVD B204, Key Biscayne, FL 33149

1111 CRANDON BLVD B204, Key Biscayne, FL 33149 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1972 with 1,409 square feet of living space. The property is currently owned by MERPIA CORPORATION, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2010-04-28 for $385,000, when JORGE SANCHEZ &W TALIA sold to MERPIA CORPORATION. The property has appreciated $115,000 (43%) since the prior sale of $270,000 on 2002-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $665,665 with a market value of $665,665. The assessed value decreased 5% from $700,700 in 2024. 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 $170,682, and the median home value is $1,539,500. The population density is 16,591 people per square mile.

1111 CRANDON BLVD B204, 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 1986 to 2010, with 3 recorded transactions in the public record.

The current assessed value represents 173% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $273 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

MERPIA CORPORATION
13 CALLE 2-60 ZONA 10 EDIFICIO, TOPACIO AZUL 1402
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,056 — $12,781
Flood $400 — $800
Property/Wind $6,656 — $11,981

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$170,682
Median Home Value$1,539,500
Pop. Density16,591/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 →
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