Miami Luxury Condos · Lake Tower at Ocean Club
The county records 75 homes at 765 Crandon Boulevard.
By Josh Stein · Florida license SL3057661 · Updated 30 September 2026
Lake Tower, at 765 Crandon Boulevard, Key Biscayne, holds 75 homes on the Miami-Dade property roll, built 2002. 6 sales were recorded in the 12 months to 15 September 2026, at a median of $2,500,000, or $922 per square foot. Across qualified sales since 2023 the median is $928 per square foot.
Verified against public recordsMiami-Dade County Property Appraiser, Josh Stein Realtor4 sources
Key Takeaways
- Lake Tower recorded 6 sales in the 12 months to 15 September 2026 — at a median of $2,500,000, or $922 per square foot, on the Miami-Dade County Property Appraiser record. The latest recorded sale was on 7 April 2026. Own at Lake Tower? Ask Josh what yours would sell for on WhatsApp.
- The county records 75 homes at 765 Crandon Boulevard, built 2002, under the declaration LAKE TOWER CONDO. The same record holds 1 other folio that is not a home (1 cabana).
- Home sizes run 1,591 to 3,520 square feet, median 2,602. The roll records 4 one-bedroom, 8 two-bedroom, 61 three-bedroom and 2 four-bedroom.
- 11 qualified sales since January 2023 have a median of $2,700,000, or $928 per square foot — about one home in 25 changing hands per year.
- 10.3% of recorded resales sold for less than the previous recorded price — 12 of 116 resale pairs on the qualified-sale record, with a median change of +51.3% over a median hold of 5.8 years.
- The highest qualified sale on record is $3,625,000, on 7 April 2026, for a 3,368 square-foot home.
- Address 765 Crandon Boulevard, Key Biscayne
- Year built 2002 (county record)
- Homes 75 (Miami-Dade County)
- Home sizes 1,591–3,520 sq ft (median 2,602)
- 2026 assessed value median $1,804,726
- County declaration LAKE TOWER CONDO
What the county record shows
Lake Tower is at 765 Crandon Boulevard, Key Biscayne. The Miami-Dade Property Appraiser lists 75 homes under the declaration LAKE TOWER CONDO, with a built year of 2002 on every home folio. It is one of several separately declared buildings in the Ocean Club community on Crandon Boulevard. The county’s subdivision field for this address names the underlying land plat; the unit legal descriptions read LAKE TOWER CONDO.
Have a question about Lake Tower? This page is built from the county record, not a listing feed. If you want what has actually closed here, or an honest read on whether it suits you, ask me directly.
The pull holds 76 folios in all. The ones not counted as homes are 1 cabana. They are real property with their own assessments, but they are not residences, so every figure on this page leaves them out.
Home sizes run from 1,591 to 3,520 square feet, with a median of 2,602. The roll records 4 one-bedroom, 8 two-bedroom, 61 three-bedroom and 2 four-bedroom. The median 2026 assessed value is $1,804,726; an assessment is set for tax purposes and is not a market price.
What have homes sold for since 2023?
Qualified arm’s-length sales only. Transfers the county flags as disqualified are excluded, a deed that covers several homes is not counted as one sale, and 2026 is a part year.
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 2 | $2,727,500 | $966 |
| 2024 | 2 | $2,632,500 | $922 |
| 2025 | 4 | $2,600,000 | $938 |
| 2026 | 3 | $2,300,000 | $929 |
Pooled across all 11 qualified sales since January 2023, the median is $2,700,000, or $928 per square foot. With 75 homes, that is about one home in 25 changing hands per year. That is a small sample, so single-year medians here move with whichever floorplans happened to sell; the record cannot establish a price direction on its own.
How owners did when they resold
A resale pair is the same home recorded as a qualified sale twice. The county record holds 116 such pairs at Lake Tower. In 12 of them (10.3%) the later price was lower than the earlier one. Across all pairs the median change was +51.3%, over a median hold of 5.8 years. These are recorded prices only: they leave out closing costs, improvements, assessments and carrying costs, so a small recorded gain can still be a loss in cash.
The highest recorded sale
The highest qualified sale on the record is $3,625,000, on 7 April 2026, for a 3,368 square-foot home, or $1,076 per square foot.
Other Key Biscayne buildings on the same record
The same 12-month measure, taken the same way from the county record, for other buildings this site covers. Each number is the one on that building’s own page.
| Building | Sales, 12 months | Median price | Median $/sq ft |
|---|---|---|---|
| Lake Tower | 6 | $2,500,000 | $922 |
| Grand Bay Residences | 3 | $3,500,000 | $1,006 |
| Oceana Key Biscayne | 5 | $5,150,000 | $2,701 |
Each building’s 12 months run to the date its county record was retrieved (15 September 2026, 23 September 2026), so the windows differ by days, not months.
See also Club Tower Two at Ocean Club, Grand Bay Residences and Oceana Key Biscayne, and the full Key Biscayne guide.
What to check before you sign
- Confirm the folio, not just the unit number. Ask for the folio and read its own sale history and assessment on the Property Appraiser’s site.
- Ask the association for its milestone inspection status and its reserve study. Both can change what an owner pays after closing.
- Check any comparable you are shown against the county record. A deed that covered more than one unit, or a combined residence, can make a price per foot look far higher or lower than the building really trades.
- Ask what the monthly maintenance covers and whether any special assessment is approved or proposed. Get it in writing from the association.
Verified 29 September 2026 against the Miami-Dade County Property Appraiser record for LAKE TOWER CONDO (76 folios retrieved 15 September 2026, 75 counted as homes). Sale figures are qualified arm’s-length transfers, with deeds covering several homes removed. Amenities, storey count, architect and developer are not stated here because no primary source was checked for them. Re-check when the next tax roll publishes.
Lake Tower — Frequently Asked Questions
What have homes at Lake Tower sold for in the last 12 months?
6 sales were recorded on the Miami-Dade County Property Appraiser record in the 12 months to 15 September 2026, at a median of $2,500,000 ($922 per square foot). The latest recorded sale was on 7 April 2026. These are recorded closings, not asking prices. If you own at Lake Tower and want to know what your home would sell for, message Josh Stein on WhatsApp at (305) 695-8257.
How many homes are at Lake Tower?
The Miami-Dade County Property Appraiser records 75 homes at 765 Crandon Boulevard, Key Biscayne, under the declaration LAKE TOWER CONDO, retrieved 15 September 2026. The same record holds 1 other folio that is not a home, and it is not counted.
When was Lake Tower built?
The county record gives 2002 as the year built for every home folio.
What is the price per square foot at Lake Tower?
Across 11 qualified sales recorded since January 2023, the median is $928 per square foot, on a median sale of $2,700,000. By year: 2023, $966 (2 sales); 2024, $922 (2 sales); 2025, $938 (4 sales); 2026, $929 (3 sales). 2026 is a part year.
Do owners at Lake Tower lose money when they sell?
On the county record, of 116 resale pairs on the county’s qualified-sale record, 12 (10.3%) sold for less than the previous recorded price. The median change was +51.3% over a median hold of 5.8 years, before closing and carrying costs.
What is the highest price paid at Lake Tower?
The highest qualified sale on the county record is $3,625,000, on 7 April 2026, for a 3,368 square-foot home.
Sources and further reading
Thinking about Lake Tower?
I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.
Call (305) 695-8257Send me a question
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.com
Related coverage
Part of Miami Luxury Condos.
Get this building’s next recorded sale — before the listing sites catch up
- Every closed sale we can verify from the Miami-Dade record — price, date, and $/sqft when the deed supports it — not an IDX feed.
- Optional alert when a new deed posts in this building (or a short list of comps you choose).
- No spam inventory blasts. One building. One record. You decide what happens next.
Tell Josh which building. He’ll send the latest closed sales and set a quiet alert.