$2,605,463*
●
Condo -
Off Market
605 Ocean Dr #6M
Key Biscayne, FL 33149
3 Beds
3 Baths
1,772 Ft²
$1,611,000 - $1,969,000
Reference Base Price*
45.56%
Since May 1, 2021
FL-Miami
Primary Model
About This Property
FINALLY Your chance to live in The Sands Of Key Biscayne! Enjoy
your morning Coffee overlooking the ocean in this highly desired
Building on the water! Large open floor plan and endless glass
doors brings in tons of natural light. This Corner Unit
offers 3 Beds & 3 Baths with not one, BUT TWO BALCONIES ! Enjoy
only having one neighbor per floor and a Washer/Dryer and Trash
chute conveniently located inside the unit. Beautifully maintained
grounds with a Large pool and fitness center. The Lobby, common
grounds, pool, and beach areas have recently been renovated!
Storage included downstairs with a bike room and a Covered Reserved
parking spot.
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
$1,010
Property Type
Condo
Property Taxes
$1,682
HOA Dues
-
Year Built
-
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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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Price Decreased |
$2,675,000
↓ $125K
(4.5%) | |
| Price Decreased | |||
| Mar 24, 2025 | Listed | $2,800,000 | |
| Listed | |||
| | |||
|
Stunning Corner 3-Bedroom with Ocean Views at The Sands of Key Biscayne
Discover peace and tranquility in this bright and spacious 3bed + 3 bath corner unit at The Sands, one of the island’s most sought-after buildings. Offering 1,820 sq. ft. of living space, this residence is filled with natural light and breathtaking ocean views.
The wraparound terraces with coveted SE exposure provide the ideal setting to enjoy stunning sunrises and moonrises over the water.
Set within a private, intimate community, The Sands offers beautifully maintained grounds, a serene atmosphere, and direct beach access with umbrella and beach chair service for ultimate relaxation.
A rare opportunity to own a premier residence in this exclusive beachfront enclave. Schedule your private showing today!
| |||
| Jun 22, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Garage
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
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