Own Key Biscayne

Ocean Club – Lake Villa Three

747 Crandon Blvd · Built 1998 · 5 floors · 10 residences

Recently sold (3)
For sale
0
0 pending
Sold, 12 months
1
3 recorded sales
Last sale
$2.85M
May 1, 2026
Last sale, per sqft
$1,154/sqft
$1,154/sqft sold, 12 mo
Ocean Club – Lake Villa Three
Listing photo · courtesy of One Sotheby's International Realty · MLS #A11599796
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Located in the center of the Ocean Club complex, Lake Villa Three provides direct access to Crandon Boulevard. The building is situated within one of Key Biscayne's prestigious communities, offering a resort-style lifestyle.

The property features a layout that provides views of the lake, fountain, and tropical landscape. Residents have access to a wide range of community amenities, including a beach club, tennis and paddle courts, a gym, and a spa.

Part of the Ocean Club – Lake Villa Three complex

Sister towers that share the same development, address and often amenities — compare availability across the complex.

Getting around

Key Biscayne is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Crandon ParkBill Baggs Cape Florida State ParkRickenbacker CausewayCrandon Park MarinaKey Biscayne Village GreenMiami Seaquarium
64
/ 100
B+
own.miami Score

A data-grounded score for Ocean Club – Lake Villa Three from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value46
$1,154/sqft — vs. Key Biscayne condos, then all of Miami
Momentum50
Recent price trend
Liquidity94
0.0 months of supply
Health57
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age55
Built 1998 — vs. Key Biscayne buildings
own.miami Condo Index
144Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#148 of 698 tracked Miami condos
Top 21% by price per sq ft
#15 of 45 in Key Biscayne
Momentum
→ Steady
$1,154/sqft median ask
Liquidity
Hot
See the full Condo Index →

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Ocean Club – Lake Villa Three; bars are closings per month.

$901$1053$1204Oct 2024Jan 2025Mar 2025Apr 2025Feb 2026May 2026

Location

Nearby buildings within half a mile.

Building facts

Address
747 Crandon Blvd
Year built
1998
Floors
5
Residences
10
Waterfront
Yes
67
B+ · Developer Score

Amenities

  • · Beach Club
  • · Tennis Club
  • · Restaurants
  • · Pools
  • · Tennis and Paddle courts
  • · Olympic pool
  • · Salon
  • · Playground
  • · Playroom
  • · Sauna

Building rules

Parking
2 assigned covered parking spaces.

Special assessments & recertification outlook

Elevated

Public records checked Oct 31, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).

  • Built 1998 — past its first structural milestone; next inspection around 2033

Estimated from Ocean Club – Lake Villa Three’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Ocean Club – Lake Villa Three: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

45Limited financing
Mortgages recorded, 12 months
0
0 from banks and credit unions · purchases and refinances
Sales bank-financed
—
1 recorded sales, 12 months · Resales only
Average down payment
33%
Lowest down payment accepted
20%

Medium confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Key Biscayne

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 9.0 ft (NGVD29).
Hurricane evacuation zone
Zone A
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
5.6 ft
Lowest nearby street
4.1 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 3.1 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

Is Ocean Club – Lake Villa Three a waterfront building?+

Yes — Ocean Club – Lake Villa Three is a waterfront building (Key Biscayne).

When was Ocean Club – Lake Villa Three built?+

Ocean Club – Lake Villa Three was built in 1998, 5 stories, 10 residences.

Who developed Ocean Club – Lake Villa Three?+

Ocean Club – Lake Villa Three was developed by Ocean Club Development Company. Ocean Club Development Company's own.miami Developer Score is B+ across 11 buildings.

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