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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

$918

Sale $/SF

For Rent

$8,048

Avg Rent

$5.16

Rent $/SF

-0.4%

YoY

For Sale

For Rent

Investor-Owned

58%

Avg HOA

$2,247/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

$917.61

Avg Rent

$8,047.5/mo

Rent $/SF

$5.16/SF

HOA Range

$1,854.33 – $2,800

Google Rating

4.4 (169 reviews)

Neighborhood Rank

Top 7%

Avg Unit Value

$1.0M

Total Sales (All-Time)

1,228

Phone

(305) 361-9114

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)10.5%

YoY Appreciation-0.4%

Total Yield9.6%

YoY Sale $/SF Change+11.1%

Liquidity & Demand

Closed Sales (120d)6

Days on Market227 days

Months of Inventory6.0

Sale-to-List Ratio0.9%

Price Reduction Rate100%

Investor-Owned58%

For Sale6

For Rent6

Top 7%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$852

+4.9%

Rental Price Trend ($/SF)

$4.09

+8.8%

Building Activity

Days on Market

227

days

Sitting longer

Months of Inventory

6.0

months

Balanced

Sale-to-List Ratio

94.8%

Fair negotiation

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Moderate 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/SF178 DOM

$1.1M

Unit E904

2 bd2 ba1,409 sf

$1.3M

Unit D903

2 bd2 ba1,409 sf

$898/SF23 DOM

$1.3M

Unit F206

2 bd2 ba1,782 sf

$727/SF54 DOM

$1.4M

Unit E1203

2 bd2 ba1,409 sf

$958/SF

For Rent (6)

$6K

Unit E1104

2 bd2 ba1,409 sf

$4/SF9 DOM

$6K

2 bd2 ba1,409 sf

$6K

2 bd2 ba1,782 sf

$3/SF159 DOM

$6K

Unit E604

2 bd2 ba1,409 sf

$4/SF6 DOM

$6K

1,409 sf

$6K

2 bd2 ba1,409 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 11, 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

Brokerage	Agents	Sales	Volume
Coldwell Banker	14	45	$46.2M
Fortune International Realty	10	18	$19.7M
EWM Realty International	15	17	$17.3M
Douglas Elliman	5	8	$10.4M
ONE Sotheby's International Realty	8	9	$9.8M

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THE TOWERS OF KEY BISCAYN

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

Active Agents

Brokerages

Photos

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