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Buildings/Key Biscayne/THE TOWERS OF KEY BISCAYN

Luxury

THE TOWERS OF KEY BISCAYN

1121 CRANDON BLVD, Key Biscayne 33149

★ 4.4

1971

Year Built

268

Units

CI Score

Moderate

For Sale

$1.4M

Avg Price

$951

Sale $/SF

For Rent

$7,750

Avg Rent

$5.26

Rent $/SF

-0.4%

YoY

For Sale

For Rent

Investor-Owned

58%

Avg HOA

$2,123.5/mo

Building Details

Address

1121 CRANDON BLVD, Key Biscayne, 33149

Neighborhood

Key Biscayne

Year Built

1971

Total Units

268

Avg Unit Sqft

1,616 SF

Tier

Luxury

Avg $/SF

$950.55

Avg Rent

$7,750/mo

Rent $/SF

$5.26/SF

HOA Range

$1,800 – $2,800

Google Rating

4.4 (169 reviews)

Neighborhood Rank

Top 7%

Avg Unit Value

$1.0M

Total Sales (All-Time)

1,291

Phone

(305) 361-9114

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)9.8%

YoY Appreciation-0.4%

Total Yield9.6%

Liquidity & Demand

Closed Sales (120d)4

Days on Market227 days

Months of Inventory12.0

Sale-to-List Ratio1.0%

Price Reduction Rate100%

Investor-Owned58%

For Sale6

For Rent6

Top 7%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$1,145

+49.3%

Rental Price Trend ($/SF)

$4.09

+7.1%

Building Activity

Sales & Listings

Active Listings

For Sale (6)

$834K

Unit F1004

1 bd2 ba1,114 sf

$985K

Unit D404

2 bd2 ba1,409 sf

$699/SF75 DOM

$1.1M

Unit E803

2 bd2 ba1,409 sf

$745/SF84 DOM

$1.1M

Unit E904

2 bd2 ba1,409 sf

$1.3M

Unit E503

2 bd2 ba1,409 sf

$905/SF374 DOM

$1.3M

Unit F206

2 bd2 ba1,782 sf

$744/SF7 DOM

For Rent (6)

$6K

2 bd2 ba1,409 sf

$6K

2 bd2 ba1,782 sf

$6K

2 bd2 ba1,409 sf

$6K

1,409 sf

$7K

2 bd2 ba1,409 sf

$8K

Unit E107

3 bd2 ba1,782 sf

$4/SF

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Jan 20, 2026	$1.7M	$953.98	2/2	1,782
Jan 16, 2026	$1.3M	$922.64	2/2	1,409
Jan 14, 2026	$1.1M	$780.7	2/2	1,409
Nov 5, 2025	$1.3M	$887.15	2/2	1,409
Aug 13, 2025	$875K

Units & Ownership

Total Units

268

Avg Sqft

1,616 SF

Avg Assessed

$829K

Owner-Occupied

42%

Tax & Ownership

Investor-Owned

58%

Owner-Occupied

42%

Avg Assessed Value

$829K

Avg Taxable Value

$803K

Effective Year Built

1971

Zoning

5000

Unit Mix

1 BR22

Avg 1,114 SF

2 BR233

Avg 1,618 SF

3 BR12

Avg 2,350 SF

4 BR1

Avg 3,564 SF

Unit Directory

Showing 10 of 268 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
D101	2	2	1,782	$837K	✓	$925K	$519	Apr 2015
D102	2	2	1,782	$955K	—	$525K	$295	Oct 2011
D103	2	2	1,409	$394K	✓	$400K	$284	Aug 2009
D104	2	2	1,409	$459K	✓	$750K	$532	May 2018
D105	2	2	1,409	$669K	—	$810K	$575	Aug 2024
D106	2	2	1,409	$669K	—	$800K	$568	Oct 2021
D107	2	2	1,782	$853K	✓	$1.0M	$578	May 2018
D108	2	2	1,782	$1.1M	✓	$1.0M	$561	Oct 2019
D201	2	2	1,782	$1.0M	—	$1.1M	$645	Mar 2025
D202	2	2	1,782	$1.0M	✓	$1.2M	$673	Mar 2017