Own Key Biscayne

Ocean Club – Lake Villa Two

737 Crandon Blvd · Built 1996 · 6 floors · 7 residences

1 for sale
For sale
1
1 pending · 6.0 mo supply
Median asking
$2.25M
from $2.25M
Median $/sqft
$1,092/sqft
$957/sqft sold, 12 mo
Days on market
36
103 to sell · 2 in 12 mo
Ocean Club – Lake Villa Two
Listing photo · courtesy of One Sotheby's International Realty · MLS #A12016769

Ocean Club, Lake Villa Two is a waterfront condominium at 737 Crandon Blvd on Key Biscayne. It was completed in 1996 by Ocean Club Development Company, has 6 floors and 7 residences, and the Property Appraiser records it as Lake Villa Two Condo.

The building sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance on federally backed or federally regulated mortgages. It is also in Miami-Dade hurricane evacuation zone A. The lowest street next to the building is 2.1 ft above the highest tide predicted for 2026 at Virginia Key.

Financeability is in the cash tier, with an index of 26 of 100: recent purchases here were mostly paid in cash, going by recorded deeds and mortgages. The Miami-Dade Clerk recorded 2 resale deeds in the 12 months to October 21, 2026.

Part of the Ocean Club – Lake Villa Two 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
65
/ 100
B+
own.miami Score

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

Value48
$1,092/sqft — vs. Key Biscayne condos, then all of Miami
Momentum86
+17.9% $/sqft over 6 months
Liquidity74
6.0 months of supply · 36 days on market
Health57
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age49
Built 1996 — vs. Key Biscayne buildings
own.miami Condo Index
142Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#158 of 698 tracked Miami condos
Top 23% by price per sq ft
#18 of 45 in Key Biscayne
Momentum
↑ Rising
$1,092/sqft median ask
Liquidity
Hot
See the full Condo Index →
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Inventory

Sold $/sqft trend

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

$839$957$1075Mar 2024Mar 2025Mar 2026Jun 2026Sep 2026

Location

Nearby buildings within half a mile.

Building facts

Address
737 Crandon Blvd
Year built
1996
Floors
6
Residences
7
Waterfront
Yes
67
B+ · Developer Score
  • Ranks #8 of 11 scored Ocean Club Development Company buildings
  • Asking $1,092/sqft here vs $1,285/sqft across the developer's portfolio
  • 57% of the developer's portfolio has no adverse verified record
  • All 11 buildings by this developer

Amenities

  • · Beach Club
  • · Tennis Club
  • · Fitness Center
  • · Restaurants
  • · Pool
  • · Beauty Salon
  • · Padel Courts
  • · Security
  • · Valet
  • · Playground and Playrooms

Building rules

Parking
Two assigned parking spaces are available for residents.

Special assessments & recertification outlook

Elevated

Public records checked Oct 30, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).

  • Built 1996 — past its first structural milestone; next inspection around 2031

Estimated from Ocean Club – Lake Villa Two’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 Two: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

26Mostly cash
Mortgages recorded, 12 months
2
2 from banks and credit unions · purchases and refinances
Sales bank-financed
—
2 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 2

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
7.8 ft
Lowest nearby street
3.1 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 2.1 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

How much do condos at Ocean Club – Lake Villa Two cost?+

There are 1 condos for sale at Ocean Club – Lake Villa Two, from $2,250,000, with a median asking price of $2,250,000 ($1,092/sqft).

How much are the HOA fees at Ocean Club – Lake Villa Two?+

HOA / maintenance fees at Ocean Club – Lake Villa Two run around $1,513 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

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

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

When was Ocean Club – Lake Villa Two built?+

Ocean Club – Lake Villa Two was built in 1996, 6 stories, 7 residences.

Who developed Ocean Club – Lake Villa Two?+

Ocean Club – Lake Villa Two 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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