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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·Key Biscayne·Condominium

Lake Tower

765 Crandon Boulevard, Key Biscayne, FL 33149

Folio 2452050680001

At a glance
Year built
2002
Residences
75
Building area
204,521 sq ft
Median residence
2,602 sq ft
FEMA flood zone
Zone AE · BFE 9 ft
Latest arms-length sale
$3,045,000 · Aug 2026
Median sale (10 yr)
$1,900,000
Recorded transfers
257
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Lake Tower is a 75-residence condominium building at 765 Crandon Boulevard, on Key Biscayne. County records list 2002 as the year built. It has a median residence of 2,602 square feet.

The recorded market runs to 206 arms-length sales since 2002, an annual turnover rate of 5.1 percent of the building over the past decade, and a median of $379 per square foot. Across 120 same-unit resales, 91 percent sold above their prior recorded price, with a median gain of 58 percent over a median hold of 6.2 years. The 12 sales since 2023 carry a median of $928 per square foot, against a record that opens in 2002 and spans several market cycles.

Selling, buying or moving?

Own a residence at Lake Tower? See what it would sell for.

Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

At a glance

Common name: Lake Tower, Ocean Club. It is one of 11 buildings in the Ocean Club; this page covers this building only.

Building type: Seven-story condominium with a lobby concierge

Developer: Ocean Club Development Company, developer of the Ocean Club community

Architect: Sieger Suarez Architectural Partnership, architect of the Ocean Club community

Floors: Seven

Unit sizes: About 2,480 to 3,110 square feet across the eight floor plans on file, two- and three-bedroom, with terraces

Amenities in the building: Heated pool and sun deck with pool bar and cabanas, spa and sauna, residents' lounge, lake-view terrace, exercise room, tennis and basketball, child play area, covered garage parking with optional valet, private air-conditioned storage, bike storage, storm shutters on operable openings

Ocean Club community: Beach club, tennis and padel, pools and a beachside bar and grill; access terms are in the master association documents

Policies: Pet, leasing and resale rules are set by the association; confirm at offer stage.

Source: The Roebling Research Desk.

Why Lake Tower matters

Seventy-five residences on seven floors, with plans of about 2,480 to 3,110 square feet, are mostly three-bedroom homes with terraces and a lobby concierge. The building is not oceanfront.

One of two arms-length sales recorded in April 2026, at $3,625,000. It is one sale, not a building price.

Key Biscayne and the Ocean Club

Key Biscayne is a barrier island village south of Miami Beach, reached from the mainland by the Rickenbacker Causeway across Virginia Key. Crandon Boulevard is the main road. Crandon Park and its public beach are at the north end of the island and Bill Baggs Cape Florida State Park, with its lighthouse, is at the south end. Brickell and Downtown Miami are 15 to 20 minutes away by car without traffic.

The Ocean Club is a gated community of more than 50 acres on the Atlantic side of Crandon Boulevard, with two controlled entries, roughly 1,000 feet of beach and classic Mediterranean-style architecture by Sieger Suarez. It has 11 buildings and roughly 800 homes: three lake villas (Lake Villa One, Two and Three, at 721 to 749 Crandon), two resort villas (Resort Villa One and Two, at 701 to 719 Crandon), Lake Tower (765), three club towers (Club Tower Three, Two and One, at 781, 785 and 789) and two ocean towers (Ocean Tower Two at 791 and Ocean Tower One at 799). Each building is its own condominium, so budgets, reserves and rules differ by building. The name "Ocean Club" is often used without naming the building, so confirm the address and the declaration name on any contract.

Lake Tower faces the community's lake rather than the ocean; the lake is about five acres. Ask what water access a given unit has. Its neighbors are Lake Villa One (725 Crandon) and Lake Villa Two (735).

Outside the gates, Crandon Boulevard has the village center and Village Green, Crandon Park's beach and marina, the Crandon tennis center that hosted the Miami Open through 2018, and the Cape Florida lighthouse and beach at Bill Baggs. Virginia Key, with the Miami Marine Stadium and the Seaquarium, is on the causeway back to the mainland.

Architecture and unit composition

The architecture is Mediterranean in style, like the rest of the Ocean Club. The floor-plan schedule on file lists eight residence lines across floors two through seven: three-bedroom plans of about 2,480 to 3,110 square feet with two and a half to four and a half baths, and a two-bedroom plan of about 2,630. Open plans, large terraces, walk-in closets, in-unit washer and dryer and gourmet kitchens are standard. Confirm renovation unit by unit.

Building operations

The lobby has a concierge. Covered garage parking is assigned, with optional valet, and residents have air-conditioned private storage and bike storage. The pool deck has a pool bar and cabanas, and a residents-only lounge and lake-view terrace are in the building.

Residences across the Ocean Club were specified with 8-foot-8-inch ceilings, granite counters and marble primary baths; confirm for each unit. The Ocean Club has community facilities: a beach club of about 20,000 square feet with about 125 beachfront cabanas, about eight Har-Tru (clay) tennis courts and padel courts, pools, a beachside bar and grill, and a members clubhouse with spa and salon. These belong to the community, not to Lake Tower alone. Ask whether Lake Tower owners hold automatic access or pay membership or use fees, whether beach access is deeded, and how shared costs are split between the building and the community, and ask for the master association documents and the written club terms.

Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history. Ask for the current budget and financial statements and the reserve funding. The building is in flood zone AE, so request the master insurance terms and wind and flood deductibles.

Policy framework

Policies, fees and applications, including pet, rental and minimum-lease rules, guest rules and any resale approval, are set by the association and should be confirmed at offer stage.

Sales context

Prices vary with floor, view, plan and renovation. A building average will mislead.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you're buying at Lake Tower

Confirm the building. Lake Tower, Lake Villa One and Lake Villa Two are neighboring Ocean Club buildings, each its own condominium. Check the address and the contract.

Get amenity rights in writing. Price the unit against the facilities it can use and the dues that fund them.

Compare by plan and floor. Use same-line closings.

What to know if you're selling at Lake Tower

Price against your line. Document renovation scope, permits and dates, and have the budget and reserve documents ready.

Comparable buildings

  • Lake Villa One, Ocean Club — the six-story, 38-residence lake villa at 725 Crandon Boulevard, completed in 2002.
  • Ocean Tower Two, Ocean Club — a 16-story, 111-residence oceanfront tower in the same community, at 791 Crandon Boulevard, completed in 2001.
  • Ocean Tower One, Ocean Club — a 16-story, 111-residence oceanfront tower at 799 Crandon Boulevard, completed in 2002.

Compared with

The neighborhood

For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Key Biscayne.

Run the numbers

Related guides

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Sep 2002. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
Aug 2026PH-42,602 sf$3,045,000✓
Jun 20264092,477 sf$1,100,000
Apr 20261023,368 sf$3,625,000✓
Apr 20265062,477 sf$2,300,000✓
Jan 20262022,602 sf$2,200,000✓
Oct 20253052,602 sf$2,150,000✓
Oct 2025PH-123,112 sf$2,850,000✓
Oct 20255102,602 sf$2,700,000✓
Jun 20255112,602 sf$2,500,000✓
Jun 20243112,602 sf$2,415,000✓
Feb 20243013,112 sf$2,850,000✓
Mar 20232073,091 sf$2,705,000✓
Feb 20235052,602 sf$2,750,000✓
Dec 20224102,602 sf$1,900,000✓
Apr 20224062,477 sf$1,850,000✓
Mar 20225042,602 sf$2,080,000✓
Jan 20223102,602 sf$1,850,000✓
Dec 20214073,091 sf$2,375,000✓
Dec 2021PH-62,477 sf$1,980,000✓
Dec 20212062,477 sf$1,895,000✓
Nov 20215062,477 sf$1,900,000✓
Aug 20214112,602 sf$1,837,500✓
Aug 20212032,632 sf$1,575,000✓
Jun 20216062,477 sf$1,650,000✓
Jun 20215042,602 sf$1,960,000✓
Jun 20215102,602 sf$1,575,000✓
May 20211091,653 sf$930,000✓
Apr 20212102,602 sf$1,406,300✓
Apr 20214052,602 sf$1,350,000✓
Apr 20212112,602 sf$1,400,000✓
Mar 20215013,112 sf$2,450,000✓
Dec 20204083,043 sf$1,425,000✓
Oct 20202092,477 sf$1,450,000✓
Jan 2020PH-73,091 sf$1,600,000✓
Dec 20192013,112 sf$487,500
Jul 20196042,602 sf$1,575,000✓
Jul 20193112,602 sf$1,500,000✓
Jul 2018PH-23,520 sf$2,800,000✓
Mar 2018PH-42,602 sf$1,710,000✓
May 2017PH-42,602 sf$1,885,000
Dec 20162092,477 sf$1,900,000✓
Oct 2016PH-13,112 sf$2,168,000
Jul 2016PH-102,602 sf$2,100,000✓
Dec 20154042,602 sf$1,900,000✓
Sep 20154112,602 sf$1,800,000✓
Sep 20151111,591 sf$1,170,000✓
Aug 20154102,602 sf$1,950,000✓
Aug 20152022,602 sf$1,835,000✓
Jul 2015PH-32,632 sf$2,200,000✓
May 2015PH-123,112 sf$2,563,000✓
May 2015PH-92,477 sf$540,000
Oct 20141091,653 sf$1,100,000✓
Sep 20145062,477 sf$1,885,000✓
Aug 20143013,112 sf$2,375,000✓
Mar 20143073,091 sf$2,320,000✓
Jan 20145032,632 sf$2,035,000✓
Oct 20133032,632 sf$1,748,000✓
Aug 20131013,502 sf$2,450,000✓
Jun 2013PH-123,112 sf$2,160,000
Apr 20133112,602 sf$1,525,000✓
Apr 20134073,091 sf$2,050,000✓
Feb 20133092,477 sf$1,595,000✓
Jan 20131072,501 sf$1,570,000✓
Dec 20124092,477 sf$90,000
Dec 20124123,112 sf$1,890,000✓
Nov 20126092,477 sf$1,500,000✓
Sep 20122092,477 sf$1,375,000✓
Jul 20126102,602 sf$1,556,000✓
Dec 20113013,112 sf$1,525,000✓
Nov 20115062,477 sf$1,328,000✓
Nov 20115013,112 sf$1,550,000✓
Sep 20116042,602 sf$1,525,000✓
Jun 20113123,112 sf$1,575,000✓
Jun 20113062,477 sf$1,234,500✓
Jun 20116022,602 sf$1,530,000✓
May 20116083,043 sf$1,400,000✓
Jan 20113022,602 sf$1,115,000✓
Dec 2010PH-113,520 sf$2,100,000✓
Dec 20103092,477 sf$1,258,000✓
Oct 20101091,653 sf$750,000✓
Aug 2010PH-62,477 sf$1,400,000✓
Jun 2010PH-42,602 sf$1,275,000✓
May 2010PH-32,632 sf$1,350,000✓
May 20101123,502 sf$2,200,000✓
Feb 20105042,602 sf$1,228,000✓
Oct 20091111,591 sf$670,000✓
Oct 20093052,602 sf$1,150,000✓
Aug 20092062,477 sf$1,060,000✓
Aug 20092062,477 sf$167,000
May 2009PH-92,477 sf$1,167,500✓
Dec 20081072,501 sf$1,410,000✓
Nov 20083073,091 sf$1,800,000✓
Sep 20086032,632 sf$1,550,000✓
May 20083032,632 sf$1,385,000✓
Mar 2008PH-62,477 sf$1,750,000✓
Dec 20074022,602 sf$1,600,000✓
Oct 20076022,602 sf$1,620,000✓
May 20074073,091 sf$2,100,000✓
May 20075052,602 sf$1,720,000✓
Apr 20074092,477 sf$15,000✓
Apr 20074092,477 sf$1,700,000✓
Mar 20072112,602 sf$1,691,300✓
Nov 20066102,602 sf$1,768,000✓
Sep 20065062,477 sf$1,575,000✓
Sep 20064022,602 sf$1,735,000✓
Apr 20063083,043 sf$1,895,000✓
Jun 20053083,043 sf$1,615,000✓
Jun 20055062,477 sf$1,290,000✓
May 20052083,043 sf$1,440,000✓
Apr 20053112,602 sf$1,375,000✓
Nov 20046092,477 sf$1,350,000✓
Oct 20042092,477 sf$920,000✓
Aug 20042073,091 sf$960,000✓
Aug 20042013,112 sf$1,170,000✓
Jun 20044052,602 sf$885,000✓
Jun 20045042,602 sf$995,000✓
May 20043042,602 sf$955,000✓
May 20042032,632 sf$769,000✓
Apr 20043102,602 sf$775,000✓
Apr 20044022,602 sf$795,000✓
Mar 2004PH-13,112 sf$995,000✓
Feb 2004PH-73,091 sf$975,000✓
Nov 20034092,477 sf$749,900
Nov 20034092,477 sf$749,900✓
Nov 20031013,502 sf$1,220,000✓
Oct 20036042,602 sf$810,000✓
Aug 20034123,112 sf$885,000✓
Aug 20032022,602 sf$700,000✓
Jul 20034112,602 sf$815,000✓
Jul 20036092,477 sf$740,000✓
Apr 20032062,477 sf$675,000✓
Mar 20031123,502 sf$930,000✓
Mar 20033092,477 sf$705,000✓
Feb 20034102,602 sf$775,000✓
Dec 2002PH-62,477 sf$770,000✓
Dec 20021101,864 sf$479,900✓
Nov 2002PH-123,112 sf$880,000✓
Nov 2002PH-102,602 sf$795,000✓
Nov 2002PH-83,043 sf$795,000✓
Nov 2002PH-13,112 sf$775,000✓
Nov 20025112,602 sf$610,000✓
Nov 20025112,602 sf$665,000✓
Nov 20025092,477 sf$745,000✓
Nov 20023092,477 sf$625,000✓
Nov 20025083,043 sf$750,000✓
Nov 20024062,477 sf$557,800✓
Nov 20025052,602 sf$625,000✓
Nov 20025052,602 sf$750,000✓
Nov 20026032,632 sf$850,000✓
Nov 20025032,632 sf$605,000✓
Nov 20025032,632 sf$710,000✓
Nov 20023022,602 sf$720,000✓
Nov 20022013,112 sf$625,000✓
Nov 20022013,112 sf$780,000✓
Oct 2002PH-123,112 sf$750,000✓
Oct 2002PH-113,520 sf$955,500✓
Oct 2002PH-92,477 sf$795,000✓
Oct 2002PH-73,091 sf$895,000✓
Oct 2002PH-52,602 sf$895,000✓
Oct 2002PH-42,602 sf$825,000✓
Oct 2002PH-32,632 sf$700,000✓
Oct 2002PH-23,520 sf$810,000✓
Oct 20024123,112 sf$750,000✓
Oct 20023123,112 sf$725,000✓
Oct 20021123,502 sf$880,000✓
Oct 20024112,602 sf$570,000✓
Oct 20023112,602 sf$550,000✓
Oct 20023112,602 sf$750,000✓
Oct 20022112,602 sf$595,000✓
Oct 20026102,602 sf$685,000✓
Oct 20025102,602 sf$685,000✓
Oct 20023102,602 sf$625,000✓
Oct 20024092,477 sf$660,000✓
Oct 20022092,477 sf$685,000✓
Oct 20021091,653 sf$375,000✓
Oct 20026083,043 sf$775,000✓
Oct 20024083,043 sf$695,000✓
Oct 20023083,043 sf$695,000✓
Oct 20023083,043 sf$699,000✓
Oct 20026073,091 sf$865,000✓
Oct 20025073,091 sf$835,000✓
Oct 20023073,091 sf$735,000✓
Oct 20022073,091 sf$650,000✓
Oct 20026062,477 sf$750,000✓
Oct 20025062,477 sf$650,000✓
Oct 20026052,602 sf$850,000✓
Oct 20024052,602 sf$750,000✓
Oct 20023052,602 sf$575,000✓
Oct 20026042,602 sf$795,000✓
Oct 20025042,602 sf$695,000✓
Oct 20023042,602 sf$730,000✓
Oct 20024032,632 sf$570,000✓
Oct 20024032,632 sf$750,000✓
Oct 20023032,632 sf$545,000✓
Oct 20022032,632 sf$520,000✓
Oct 20022032,632 sf$680,000✓
Oct 20026022,602 sf$675,000✓
Oct 20025022,602 sf$611,100✓
Oct 20024022,602 sf$650,000✓
Oct 20024022,602 sf$740,000✓
Oct 20023022,602 sf$625,000✓
Oct 20025013,112 sf$745,000✓
Oct 20024013,112 sf$715,000✓
Oct 20023013,112 sf$785,000✓
Sep 20022123,112 sf$670,000✓
Sep 20021123,502 sf$725,000✓
Sep 20021111,591 sf$325,000✓
Sep 20022102,602 sf$595,000✓
Sep 20021101,864 sf$395,000✓
Sep 20022083,043 sf$735,000✓
Sep 20021082,305 sf$500,000✓
Sep 20024073,091 sf$695,000✓
Sep 20021072,501 sf$500,000✓
Sep 20023062,477 sf$525,000✓
Sep 20022062,477 sf$500,000✓
Sep 20021061,817 sf$400,000✓
Sep 20024042,602 sf$570,000✓
Sep 20023042,602 sf$575,000✓
Sep 20022022,602 sf$595,000✓
Sep 20021023,368 sf$785,000✓
Sep 20021013,502 sf$790,000✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 36 nominal-consideration paper transfers omitted.

This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.

Considering a move at Lake Tower?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.

A note on representation

The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.

To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.