19
Map
607 Ocean Dr #3K
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Jun 22, 2026 | Listed by One Sotheby's International Realty | $1,590,000 | |
| Listed by One Sotheby's International Realty | |||
| Jul 22, 2025 | Listed | $1,595,000 | |
| Listed | |||
| | |||
|
Welcome to Unit 3K at The Sands of Key Biscayne, a rare oversized 1,496 sq. ft. residence offering breathtaking ocean views and an unbeatable island lifestyle. This expansive 2-bedroom, 2-bathroom unit features a large private balcony where you can wake up to the sunrise over the Atlantic and unwind with the soothing sounds of the waves. Don’t miss the opportunity to live in one of Key Biscayne’s most sought-after buildings—a truly oversized unit with unbeatable oceanfront views. Available now—schedule your private showing today!
| |||
| Nov 6, 2020 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/28/2021
|
2 Bed
|
2 Bath
|
1496 ft²
|
$1,575,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Ana Rivero
Fortune International Realty
| |
|
06/14/2020
|
2 Bed
|
2 Bath
|
1496 ft²
|
$1,299,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Giulietta Ulloa
BHHS EWM Realty
| |
|
02/19/2020
|
2 Bed
|
2 Bath
|
1496 ft²
|
$1,075,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Carlos Coto
One Sotheby's International Realty
| |
|
05/06/2019
|
2 Bed
|
2 Bath
|
1496 ft²
|
$1,300,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Cristina Di Giacomo
Avanti Way
| |
|
01/14/2019
|
2 Bed
|
2 Bath
|
1765 ft²
|
$1,200,000
2 Bed
2 Bath
1765 ft²
|
-
-
|
Grehyni Narvaez
Avanti Way
| |
|
06/19/2018
| |
2 Bed
|
2 Bath
|
1765 ft²
|
-
2 Bed
2 Bath
1765 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017