741 CRANDON BLVD 503, Key Biscayne, FL 33149

Parcel: 2452050570120 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$1,092,930

Property Details

Beds
3
Baths
3
Living Sqft
2,220
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$490,000
1998-12-01
2
$1,700,000+247%
2017-05-25
NUEVA VALENCIA S ADIEGO L RESTREPO
3
$100non-market transfer
2017-05-25
DIEGO L RESTREPODIEGO L RESTREPO TRS

Tax Assessment History

$1,092,930
Assessed (2025)
$1,632,960
Market Value
$1,042,208
Taxable Value
$21,219
Annual Tax
2024
$1,062,129
$1,632,960
2025
$1,092,930
$1,632,960
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,092,930 $1,632,960 $1,042,208 $21,219
2024 $1,062,129 $1,632,960 $1,012,129 $20,606

About 741 CRANDON BLVD 503, Key Biscayne, FL 33149

741 CRANDON BLVD 503, Key Biscayne, FL 33149 is a 3-bedroom, 3-bathroom residential - total value : condominium - residential built in 1998 with 2,220 square feet of living space. The property is currently owned by DIEGO L RESTREPO TRS DIEGO L RESTREPO AND, 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 2017-05-25 for $1,700,000, when NUEVA VALENCIA S A sold to DIEGO L RESTREPO. The property has appreciated $1,699,900 (1699900%) since the prior sale of $100 on 2017-05-25. There are 3 recorded sales for this property.

The 2025 assessed value is $1,092,930 with a market value of $1,632,960. The assessed value increased 3% from $1,062,129 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $99,000, and the median home value is $944,400. The population density is 23,370 people per square mile. There are active mortgage liens totaling $859,018 recorded against this property.

741 CRANDON BLVD 503, 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 1998 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 64% 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 $766 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

DIEGO L RESTREPO TRS DIEGO L RESTREPO AND
741 CRANDON BLVD 503, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$9,143 — $16,101
Flood $400 — $800
Property/Wind $8,743 — $15,301

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$99,000
Median Home Value$944,400
Pop. Density23,370/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 5.5% rate
$910,000
~$859,018 bal.
AXOS BANK · 2022-10-06
Est. Total Balance $859,018
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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