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690 Warren Ln
About This Property
This residence captivates with its abundance of natural light, soaring high ceilings, fluid open spaces, and harmonious lines that create a sense of warmth, sophistication, and effortless flow throughout the main living areas.
The beautifully remodeled kitchen and bar are a true centerpiece, featuring high-end appliances, premium finishes, refined craftsmanship, and a design that balances functionality with striking aesthetics.
Step outside into your own private tropical retreat, where lush landscaping, graceful curved terraces, and a stunning swimming pool create an atmosphere of tranquility and escape. This outdoor sanctuary is perfect for both relaxation and entertaining.
As an added privilege, the property includes membership to the Key Biscayne Beach Club, offering exclusive access to one of Miami's most coveted coastal lifestyles. Key Biscayne is renowned for its pristine beaches, charming restaurants, and vibrant yet relaxed atmosphere-delivering a true island lifestyle just minutes from the city.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2026 | Listed by One Sotheby's International Realty | $5,478,000 | |
| Listed by One Sotheby's International Realty | |||
| May 4, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017