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$1,595,000

Beds
2
Baths
2.0
sq ft
1,532

251 Crandon Blvd Unit 437, Key Biscayne, FL 33149

251 Crandon Blvd Unit 437

Key Biscayne, FL 33149

  • 85 days on market
A two-bedroom, two-bathroom unit is available in Oceansound Phase 2 of Key Colony. Enjoy the full amenities of this oceanfront development on Key Biscayne. Located on the fourth floor, the unit offers a water view and is in semi-original condition. Key Colony boasts a wide range of amenities, including tennis courts, swimming pools, a restaurant, a food market, and concierge services, all with direct oceanfront access. Additionally, residents can enjoy a weekend farmers market, a village calendar of activities, and a social dog park among other features available on the island.

Details

Property type

Condominium

Est. home value

$1,273,748

Lot size

Unknown

Price per sq ft

$1,042

Year built

1979

Annual property taxes

$5,919

Monthly HOA fee

$1,691.33

Price History

03/15/2025
SEF

SEF #A11720608

Listed
$1,595,000
02/19/2025
SEF

SEF #A11720608

Removed
$1,595,000
01/14/2025
SEF

SEF #A11720608

Listed
$1,595,000
-13.78%

Schools & Community

Elementary school: 

Keybiscayne

Middle school: 

Unknown

High school: 

Mast Academy

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Columbus Capital Lending Llc

Loan start date

August 2018

Original loan amount

$1,019,475

Est. remaining balance

Not provided

Interest rate

4.06%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Cynthia V Cutler

Lender

Columbus Capital Lending Llc

Loan start date

August 2018

Original loan amount

$1,019,475

Est. remaining balance

Not provided

Interest rate

4.06%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Cynthia V Cutler

Lender

First National Bank Of South Miami

Loan start date

June 2004

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

4%

Loan type

Credit Line (Revolving), 20 year

Seller

Cynthia V Cutler

Lender

First National Bank Of South Miami

Loan start date

June 2004

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

4%

Loan type

Credit Line (Revolving), 20 year

Seller

Cynthia V Cutler

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/10/2025 at 4:35 PM

Listing updated: 03/15/2025 at 12:30 PM

Listed by: Thania Vernon, Fortune Christie's International Real Estate Phone #: (305) 361-3440

MLS: SEF #A11720608

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