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Buildings/Key Biscayne/TOWERS OF KEY BISCAYNE CO

Luxury

TOWERS OF KEY BISCAYNE CO

1111 Crandon Blvd, Key Biscayne 33149

★ 4.4

1972

Year Built

262

Units

CI Score

Moderate

For Sale

$1.4M

Avg Price

$1,234

Sale $/SF

For Rent

$8,850

Avg Rent

$5.48

Rent $/SF

+3.1%

YoY

For Sale

For Rent

Investor-Owned

65%

Avg HOA

$1,952/mo

Building Details

Address

1111 Crandon Blvd, Key Biscayne, 33149

Neighborhood

Key Biscayne

Year Built

1972

Total Units

262

Avg Unit Sqft

1,652 SF

Tier

Luxury

Avg $/SF

$1,233.75

Avg Rent

$8,850/mo

Rent $/SF

$5.48/SF

HOA Range

$1,733.33 – $2,365

Google Rating

4.4 (169 reviews)

Neighborhood Rank

Top 6%

Avg Unit Value

$1.1M

Total Sales (All-Time)

1,139

Phone

(305) 361-9114

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)8.6%

YoY Appreciation+3.1%

Total Yield116.7%

YoY Sale $/SF Change+50.9%

Liquidity & Demand

Closed Sales (120d)2

Days on Market10 days

Months of Inventory12.0

Sale-to-List Ratio1.0%

Price Reduction Rate50%

Investor-Owned65%

For Sale6

For Rent6

Top 6%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$1,234

+55.9%

Rental Price Trend ($/SF)

$2.92

-20.0%

Building Activity

Days on Market

days

Selling fast

Months of Inventory

12.0

months

Buyer's market

Sale-to-List Ratio

98.3%

Strong demand

Price Reductions

50%

of listings

Many price cuts

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Sale (6)

$1.2M

2 bd2 ba1,409 sf

$848/SF350 DOM

$1.3M

Unit A405

2 bd2 ba1,409 sf

$887/SF23 DOM

$1.4M

2 bd2 ba1,409 sf

$1.4M

Unit B506

2 bd2 ba1,409 sf

$958/SF2 DOM

$1.6M

Unit A504

2 bd2 ba1,409 sf

$1.6M

Unit C902

3 bd2 ba1,782 sf

$870/SF43 DOM

For Rent (6)

$4K

Unit C504

1 bd2 ba1,114 sf

$4/SF1 DOM

$7K

Unit A405

2 bd2 ba1,409 sf

$5/SF35 DOM

$7K

2 bd2 ba1,782 sf

$9K

Unit A801

2 bd2 ba1,782 sf

$9K

Unit B1105

2 bd2 ba1,409 sf

$6/SF

$9K

2 bd2 ba1,409 sf

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Jul 21, 2025	$1.7M	$968.01	2/2	1,782
Jul 9, 2025	$685K	$614.9	1/1	1,114
May 28, 2025	$1.6M	$897.87	2/2	1,782
Mar 19, 2025	$1.8M	$1,022.45	2/2	1,782
Mar 5, 2025	$750K

Units & Ownership

Total Units

262

Avg Sqft

1,652 SF

Avg Assessed

$943K

Owner-Occupied

35%

Tax & Ownership

Investor-Owned

65%

Owner-Occupied

35%

Avg Assessed Value

$943K

Avg Taxable Value

$925K

Effective Year Built

1972

Zoning

5000

Unit Mix

1 BR17

Avg 1,119 SF

2 BR229

Avg 1,634 SF

3 BR14

Avg 2,494 SF

4 BR1

Avg 2,896 SF

Unknown1

Unit Directory

Showing 10 of 262 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
A101	2	2	1,782	$1.1M	✓	$505K	$283	Apr 2000
A102	2	2	1,782	$1.5M	—	$499K	$280	Apr 2019
A103	2	2	1,409	$1.2M	—	$860K	$610	May 2017
A104	2	2	1,409	$1.2M	—	$330K	$234	Jul 1998
A105	2	2	1,409	$578K	✓	$425K	$302	Nov 2010
A106	2	2	1,409	$669K	—	$80K	$57	Mar 2015
A107	2	2	1,782	$877K	—	$112K	$63	Mar 1977
A108	2	2	1,782	$1.1M	—	$225K	$126	Mar 1983
A201	2	2	1,782	$1.5M	—	$1.7M	$968	Jul 2025