$2,628,735*
↓ $110K (4.2%)
●
Condo -
Off Market
605 Ocean Dr #2L
Key Biscayne, FL 33149
3 Beds
3 Baths
1,772 Ft²
$1,350,000 - $1,650,000
Reference Base Price*
75.25%
Since Aug 1, 2019
FL-Miami
Primary Model
About This Property
Steps from the beach, this spacious & bright, updated 3 BR unit is
a must-see! Enjoy a relaxed island lifestyle in this private
boutique building. Natural light flows through the 2,011 SF corner
unit - with common areas offering gorgeous tropical garden views.
Upgraded in every way: marble floors, updated kitchen & baths,
impact glass & automatic blinds. Generous closet space & private
elevator with one neighbor per floor. Heated pool, inviting BBQ
area, 24 HR security.
The manager has listed the unit size as 1772 square feet.
The manager has listed the unit size as 1772 square feet.
Unit Size
1,772 Ft²
Days on Market
-
Land Size
-
Price per sqft
$847
Property Type
Condo
Property Taxes
$1,486
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$2,490,000
↓ $110K
(4.2%) | |
| Price Decreased | |||
| Nov 21, 2025 | Listed | $2,600,000 | |
| Listed | |||
   | |||
|
The SANDS at Key Biscayne, a beachfront boutique building in paradise. Only 2 units per floor that share the elevator and lobby. This stunning 3 bed / 3 bath spacious remodeled unit has marble floors, plenty of custom closets and hurricane impact windows. The huge balcony is ready for you to relax and entertain. The Sands, is a perfect gated beachfront community that enjoys amazing amenities like huge pool along the beach, BBQ area, gym, beach volleyball court, 24 hour security, storage and 1 assigned parking space and also allows to park a second vehicle. Easy to show…..
| |||
| Aug 23, 2024 | No longer available | - | |
| No longer available | |||
| Jul 17, 2024 | Listed | $2,800,000 | |
| Listed | |||
| | |||
|
The SANDS at Key Biscayne, a beachfront boutique building in paradise. Only 2 units per floor that share a private lobby. This stunning 3 bed / 3 bath spacious remodeled unit has marble floors, plenty of custom closets and hurricane impact windows. The huge balcony is ready for you to relax and entertain. The Sands, is a perfect gated beachfront community that enjoys amazing amenities like huge pool along the beach, BBQ area, gym, beach volleyball court, 24 hour security, storage and 1 assigned parking space and also allows to park a second vehicle. Easy to show…..
| |||
| May 1, 2022 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Air Conditioning
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 |
|---|---|---|---|---|---|---|---|
|
08/24/2021
|
3 Bed
|
3 Bath
|
1772 ft²
|
$1,700,000
3 Bed
3 Bath
1772 ft²
|
-
-
|
Claudine Coto
One Sotheby's International Realty
| |
|
04/21/2021
|
3 Bed
|
3 Bath
|
1772 ft²
|
$1,790,000
3 Bed
3 Bath
1772 ft²
|
$1,750,000
-2.23%
06/22/2021
|
Teddy Mohlman Palomo
Keller Williams Miami Beach Realty
| |
|
09/02/2019
|
3 Bed
|
3 Bath
|
1772 ft²
|
$1,550,000
3 Bed
3 Bath
1772 ft²
|
-
-
|
Jose Zuluaga
Related ISG International Realty
| |
|
04/08/2019
|
3 Bed
|
3 Bath
|
1772 ft²
|
$1,500,000
3 Bed
3 Bath
1772 ft²
|
-
-
|
Claudine Coto
One Sotheby's International Realty
| |
|
12/06/2018
|
3 Bed
|
3 Bath
|
1772 ft²
|
$1,765,000
3 Bed
3 Bath
1772 ft²
|
-
-
|
Jose Zuluaga
Related ISG International Realty
| |
|
06/19/2018
| |
3 Bed
|
3 Bath
|
1772 ft²
|
-
3 Bed
3 Bath
1772 ft²
|
-
-
|
-
|
|
10/15/2018
|
3 Bed
|
3 Bath
|
1772 ft²
|
$1,795,000
3 Bed
3 Bath
1772 ft²
|
-
-
|
Thania Vernon
Fortune International Realty Key Biscayne Inc
| |
|
04/10/2015
|
3 Bed
|
3 Bath
|
2000 ft²
|
$1,689,000
3 Bed
3 Bath
2000 ft²
|
$1,569,000
-7.10%
06/16/2015
|
Cliff Glansen
FLATFEE.COM
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017