Own Key Biscayne

Towers of Key Biscayne

1111 Crandon Blvd · Built 1972 · 13 floors · 261 residences

4 for sale
For sale
4
1 pending · 2.0 mo supply
Median asking
$1.44M
from $1.23M
Median $/sqft
$1,020/sqft
$880/sqft sold, 12 mo
Days on market
20
61 to sell · 24 in 12 mo
Towers of Key Biscayne
Listing photo · courtesy of Fortune Christie's International Real Estate · MLS #A11977930

Towers of Key Biscayne is a waterfront condominium at 1111 Crandon Blvd on Key Biscayne, completed in 1972. It rises 13 floors and holds 261 residences. The Property Appraiser records it as Towers of Key Biscayne Condo Tower 'B'.

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 for federally backed or federally regulated mortgages. It is also in Miami-Dade hurricane evacuation zone A. The lowest street next to the building is 6.6 ft above the highest tide predicted for 2026 at Virginia Key.

A public records check last run October 18, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher. The financeability tier is good, with an index of 56 of 100, meaning regulated lenders have financed purchases here in the last two years. Miami-Dade Clerk records show 27 resale deeds in the 12 months to October 21, 2026.

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
60
/ 100
B
own.miami Score

A data-grounded score for Towers of Key Biscayne from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value14
$1,020/sqft — vs. Key Biscayne condos, then all of Miami
Momentum34
-4.5% $/sqft over 6 months
Liquidity85
2.0 months of supply · 20 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age15
Built 1972 — vs. Key Biscayne buildings
own.miami Condo Index
139Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#172 of 698 tracked Miami condos
Top 25% by price per sq ft
#22 of 45 in Key Biscayne
Momentum
↓ Cooling
$1,020/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 Towers of Key Biscayne; bars are closings per month.

$534$795$1056Oct 2024Feb 2025Jun 2025Oct 2025Mar 2026Jul 2026

Location

Nearby buildings within half a mile.

Building facts

Address
1111 Crandon Blvd
Year built
1972
Floors
13
Residences
261
Waterfront
Yes

Amenities

  • · Beach access
  • · Pools
  • · Fitness center
  • · Tennis courts
  • · Sauna
  • · Steam room
  • · Barbecue area
  • · Restaurant
  • · Hair/nail salon
  • · Business center
  • · 24-hour security
  • · Party/social room
  • · Watercraft storage

Building rules

Parking
The building offers assigned parking, including options for covered spaces in the upper garage and potential for golf cart parking.

Special assessments & recertification outlook

Watch

Public records checked Oct 25, 2026: no liens, lawsuits or regulatory complaints found for the association.

Verified records

  • PositiveBank financingOct 31, 2026

    Regulated lenders recorded 12 purchase or refinance loans on this building in the last 12 months, financing 26% of its recorded sales, and accepted a down payment as low as 20%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 56/100.

    Source: Miami-Dade Clerk official records

  • PositiveNo special assessment — noted on 1 listingsSep 15, 2026

    Source: MLS listing remarks

  • Positive40-year recertification completedSep 14, 2026

    Source: MLS listing remarks

  • Listings report the 40-year recertification completed
  • Verified: no special assessment in force
  • Built 1972 — a recurring structural milestone inspection is due around 2027

Estimated from Towers of Key Biscayne’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 Towers of Key Biscayne: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

56Financeable

Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.

Mortgages recorded, 12 months
14
12 from banks and credit unions · purchases and refinances
Sales bank-financed
26%
27 recorded sales, 12 months · Resales only
Average down payment
36.4%
Lowest down payment accepted
20%
Loan programmes, 24 months:Conventional 11Private lenders 1Other 2

High 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: 8.0 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
1.5 ft
Lowest nearby street
7.6 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 6.6 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 Towers of Key Biscayne cost?+

There are 4 condos for sale at Towers of Key Biscayne, from $1,225,000, with a median asking price of $1,437,500 ($1,020/sqft).

How much are the HOA fees at Towers of Key Biscayne?+

HOA / maintenance fees at Towers of Key Biscayne run around $1,903 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 Towers of Key Biscayne a waterfront building?+

Yes — Towers of Key Biscayne is a waterfront building (Key Biscayne).

When was Towers of Key Biscayne built?+

Towers of Key Biscayne was built in 1972, 13 stories, 261 residences.

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