$756,497*
●
Condo -
Off Market
55 Ocean Lane Dr #2021
Key Biscayne, FL 33149
2 Beds
2 Baths
1,450 Ft²
$657,000 - $801,000
Reference Base Price*
3.70%
Since Jun 1, 2023
FL-Miami
Primary Model
About This Property
The Ocean Village Condominium is located on the north part of Key
Biscayne's oceanside residential area. Well maintained and a short
walk to the beach - with no need to cross any busy streets
– this is one of the best communities on the island. This
second floor, split plan unit is a 2 bed, 2 bath, with all impact
windows and a spacious balcony for enjoying the seaside breeze. The
large kitchen has stainless steal appliances. The entire unit
features beautiful ceramic Spanish tile throughout. In addition to
easy beach access, the community has two pools, plenty of parking,
and a 24/7 security gate. Unit has floor to ceiling impact sliding
glass door in the living room & all other windows are impact. Only
service animals allowed as per management.
The manager has listed the unit size as 1450 square feet.
The manager has listed the unit size as 1450 square feet.
Unit Size
1,450 Ft²
Days on Market
-
Land Size
-
Price per sqft
$503
Property Type
Condo
Property Taxes
$402
HOA Dues
$1,121
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 |
|---|---|---|---|
| May 19, 2023 | No longer available | - | |
| No longer available | |||
| May 16, 2023 | In contract | - | |
| In contract | |||
| Mar 2, 2023 | Price Decreased |
$729,500
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Jan 27, 2023 | Listed | $749,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Interior Details
Security System
Exterior Details
Block
Building Details
New Construction
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/23/2023
|
2 Bed
|
2 Bath
|
1450 ft²
|
$845,000
2 Bed
2 Bath
1450 ft²
|
-
-
|
Isabel Gonzalez PA
IMG Real Estate Professional
| |
|
05/17/2023
|
2 Bed
|
2 Bath
|
1450 ft²
|
$850,000
2 Bed
2 Bath
1450 ft²
|
$837,000
-1.53%
07/11/2023
|
Milayda Urena
Avanti Way Realty
| |
|
04/04/2023
|
2 Bed
|
2 Bath
|
1450 ft²
|
$849,000
2 Bed
2 Bath
1450 ft²
|
-
-
|
Jacqueline Cabrera
One Sotheby's International Realty
| |
|
01/27/2023
|
2 Bed
|
2 Bath
|
1450 ft²
|
$749,000
2 Bed
2 Bath
1450 ft²
|
-
-
|
Juliette Varona
Sea Grove Realty
| |
|
01/18/2023
|
1 Bed
|
1.5 Bath
|
972 ft²
|
$569,000
1 Bed
1.5 Bath
972 ft²
|
-
-
|
Cristina Brennan
One Sotheby's International Realty
| |
|
06/28/2022
|
1 Bed
|
1.5 Bath
|
972 ft²
|
$550,000
1 Bed
1.5 Bath
972 ft²
|
-
-
|
Milayda Urena
Avanti Way Realty LLC
| |
|
06/16/2022
|
2 Bed
|
2 Bath
|
1450 ft²
|
$895,000
2 Bed
2 Bath
1450 ft²
|
-
-
|
Milayda Urena
Avanti Way Realty LLC
| |
|
04/25/2022
|
3 Bed
|
2 Bath
|
1734 ft²
|
$1,250,000
3 Bed
2 Bath
1734 ft²
|
-
-
|
Alicia Gilbert
BHHS EWM Realty
| |
|
01/06/2022
| |
1 Bed
|
2 Bath
|
-
|
$495,000
1 Bed
2 Bath
|
-
-
|
Rocio Goris
Miami Waterfront Realty
|
|
07/14/2021
|
1 Bed
|
2 Bath
|
972 ft²
|
$495,000
1 Bed
2 Bath
972 ft²
|
-
-
|
Karen Holmquist
Compass Florida LLC
| |
|
06/14/2021
|
3 Bed
|
2 Bath
|
1734 ft²
|
$839,900
3 Bed
2 Bath
1734 ft²
|
-
-
|
Jorge Stuyck
CHARLES RUTENBERG REALTY INC
| |
|
05/14/2021
|
3 Bed
|
2 Bath
|
1734 ft²
|
$839,000
3 Bed
2 Bath
1734 ft²
|
$823,000
-1.91%
07/26/2021
|
Lacey Irl
Semsch Realty
| |
|
04/26/2021
|
1 Bed
|
2 Bath
|
972 ft²
|
$449,000
1 Bed
2 Bath
972 ft²
|
-
-
|
Rocio Goris
Miami Waterfront Realty
| |
|
01/27/2021
|
2 Bed
|
2 Bath
|
1450 ft²
|
$625,000
2 Bed
2 Bath
1450 ft²
|
-
-
|
Teresita DeBlank
Berkshire Hathaway HomeServices Florida Realty
| |
|
01/12/2021
|
3 Bed
|
2 Bath
|
1734 ft²
|
$740,000
3 Bed
2 Bath
1734 ft²
|
$831,000
+12.30%
07/28/2021
|
Guillermo Teran
Avanti Way
| |
|
11/09/2020
|
1 Bed
|
2 Bath
|
972 ft²
|
$395,000
1 Bed
2 Bath
972 ft²
|
-
-
|
Angel Angulo
The Keyes Company
| |
|
10/14/2020
|
3 Bed
|
2 Bath
|
1734 ft²
|
$745,000
3 Bed
2 Bath
1734 ft²
|
$722,000
-3.09%
03/25/2021
|
Mariela Valdez
BHHS EWM Realty
| |
|
01/30/2020
|
1 Bed
|
2 Bath
|
972 ft²
|
$399,000
1 Bed
2 Bath
972 ft²
|
-
-
|
Valerie Hummel Leach
BHHS EWM Realty
| |
|
06/25/2019
|
1 Bed
|
1 Bath
|
972 ft²
|
$500,000
1 Bed
1 Bath
972 ft²
|
-
-
|
Douglas Kinsley
Fortune International Realty
| |
|
02/13/2019
|
2 Bed
|
2 Bath
|
1450 ft²
|
$539,000
2 Bed
2 Bath
1450 ft²
|
$475,000
-11.87%
07/10/2019
|
Gloria Mendia
Shelton and Stewart REALTORS
| |
|
07/25/2018
|
1 Bed
|
2 Bath
|
972 ft²
|
-
1 Bed
2 Bath
972 ft²
|
-
-
|
Maureen Jauregui
Fortune International Realty
| |
|
06/19/2018
|
2 Bed
|
2 Bath
|
1450 ft²
|
-
2 Bed
2 Bath
1450 ft²
|
-
-
|
-
| |
|
06/19/2018
|
2 Bed
|
2 Bath
|
1450 ft²
|
-
2 Bed
2 Bath
1450 ft²
|
-
-
|
-
| |
|
02/13/2018
|
1 Bed
|
2 Bath
|
972 ft²
|
$400,000
1 Bed
2 Bath
972 ft²
|
-
-
|
Brenda Bly
RE/MAX Advance Realty
| |
|
05/01/2015
|
1 Bed
|
2 Bath
|
972 ft²
|
$420,000
1 Bed
2 Bath
972 ft²
|
$410,000
-2.38%
06/26/2015
|
Carlos Paesano
Astor Realty, LLC
|
Building Info
55 Ocean Lane Drive
55 Ocean Lane Drive, Key Biscayne, FL 33149
- 2 Units for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017