1111 CRANDON BLVD B605, Key Biscayne, FL 33149

Parcel: 2452040101410 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$998,260

Property Details

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

Sales History

1
N/Anon-market transfer
2003-01-01
2
N/Anon-market transfer
2003-02-01
3
$1,250,000
2023-04-04
MARK S BENJAMIN &W JAMIESANJAY MADGAVKAR
4
$1,250,000
2023-04-11

Tax Assessment History

$998,260
Assessed (2025)
$998,260
Market Value
$998,260
Taxable Value
$20,324
Annual Tax
2024
$1,050,800
2025
$998,260
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $998,260 $998,260 $998,260 $20,324
2024 $1,050,800 $1,050,800 $1,050,800 $21,393

About 1111 CRANDON BLVD B605, Key Biscayne, FL 33149

1111 CRANDON BLVD B605, 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 SANJAY MADGAVKAR NANDIKA MADGAVKAR, 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 2023-04-11 for $1,250,000. There are 4 recorded sales for this property. The 2025 assessed value is $998,260 with a market value of $998,260.

The assessed value decreased 5% from $1,050,800 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. There are active mortgage liens totaling $828,272 recorded against this property.

1111 CRANDON BLVD B605, 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 2003 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 80% of the most recent sale price. Based on the most recent sale, this property traded at $887 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

SANJAY MADGAVKAR NANDIKA MADGAVKAR
1111 CRANDON BLVD B605, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$10,382 — $18,768
Flood $400 — $800
Property/Wind $9,982 — $17,968

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 →

Mortgages

ACTIVE 4.5% rate
$875,000
~$828,272 bal.
CITIBANK NA · 2023-04-11
Est. Total Balance $828,272
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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