About Towers of Key Biscayne
Towers of Key Biscayne is a roughly 12-story condominium at 1111 Crandon Blvd (the complex also includes 1121 Crandon Blvd). MLS records most often show 1971, but sources give 1971 to 1972. It is a two-tower complex. Sources give between 260 and 269 residences, so we do not state one number. Floor counts vary by source (12 to 14 stories); MLS records most often show 12.
Key Biscayne is an island village reached by the Rickenbacker Causeway, with Crandon Park to the north and Bill Baggs Cape Florida State Park to the south. Because the building dates to 1971, review the association’s reserves, assessments and milestone-inspection status before you buy.
Building Fees & Assessments
MLS listings for Towers of Key Biscayne have shown a median association fee around $1.35/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Towers of Key Biscayne is 55+ years old, which puts it within Florida's Milestone Inspection requirement (SB 4-D, post-Surfside law covering condo/co-op buildings 3+ stories, coastal buildings inspected at 25 years and every 10 years after). Request the building's most recent milestone inspection report, structural integrity reserve study (SIRS), and reserve fund status before purchasing -- these determine whether a special assessment is likely.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for Towers of Key Biscayne's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is Towers of Key Biscayne pet-friendly?
Towers of Key Biscayne does not generally allow pets. Verify current pet policy directly with the building association before purchasing.
Can I rent out my unit at Towers of Key Biscayne?
Long-term rentals are generally permitted at Towers of Key Biscayne, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Where is Towers of Key Biscayne?
At 1111 Crandon Blvd in Key Biscayne. The complex also includes 1121 Crandon Blvd; all addresses are included in this site's live listings.
When was Towers of Key Biscayne built?
It was completed in 1971 (sources give 1971 to 1972). We did not find a developer or architect confirmed by more than one source, so we do not state one.
How many residences does Towers of Key Biscayne have?
Sources give between 260 and 269. Ask the association for the exact count.
Reviewed by Carlos Olivares, FL License #3051724. Last updated October 2026.
