$2,795,084*
●
Condo -
Off Market
609 Ocean Dr #8G
Key Biscayne, FL 33149
2 Beds
2 Baths
1,496 Ft²
$1,440,000 - $1,760,000
Reference Base Price*
74.69%
Since Sep 1, 2019
FL-Miami
Primary Model
About This Property
Direct ocean and beach front unit at the sought after Sands of Key
Biscayne. Only 2 units per floor, this easy access (no hallways)
flat has been tastefully updated. An open balcony offers panoramic
views of the ocean and tropical gardens. Large heated pool with
cabana overlooking the ocean, gym, party room with full kitchen and
ocean views, private guard conveniently located next to the
Ritz.Gorgeous updated heated pool and garden grounds, for family
entertaining. Just the perfect size complex in the most unique
tropical island setting.
The manager has listed the unit size as 1496 square feet.
The manager has listed the unit size as 1496 square feet.
Unit Size
1,496 Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,070
Property Type
Condo
Property Taxes
$1,113
HOA Dues
$8
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 |
|---|---|---|---|
| Jul 14, 2025 | Listed | $2,300,000 | |
| Listed | |||
| | |||
|
Located in Key Biscayne's most sought after boutique beach building. The Sands is situated on an Ocean front 6 acre botanical garden. The 2 bedroom, 2 bath flat has been tastefully updated offering an open floor plan with gourmet kitchen , laundry room, extra spacious bedrooms and baths. Only 2 units per floor allow for a private lifestyle in this beach front setting. A large heated and chilled pool and cabana overlook the ocean. Amenities include gym, party room, beach umbrella service , lovely outdoor dining areas , beach paddle court, paddle and surf board storage. Gorgeous views in this unique tropical setting make this a stand out.
| |||
| Aug 22, 2019 | No longer available | - | |
| No longer available | |||
| Aug 20, 2018 | Listed | $1,600,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Parking Available
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 |
|---|---|---|---|---|---|---|---|
|
11/30/2022
|
2 Bed
|
2 Bath
|
1496 ft²
|
$1,725,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Eduardo Castillo
CIGAR CITY REALTY LLC
| |
|
01/10/2022
|
2 Bed
|
2 Bath
|
1496 ft²
|
$1,350,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Thania Vernon
Fortune International Realty Key Biscayne Inc
| |
|
04/12/2021
|
2 Bed
|
2 Bath
|
1496 ft²
|
$1,189,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Marta Amador
Shelton and Stewart REALTORS
| |
|
09/02/2020
|
2 Bed
|
2 Bath
|
1496 ft²
|
$965,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Thania Vernon
Fortune International Realty Key Biscayne Inc
| |
|
08/19/2019
|
2 Bed
|
2 Bath
|
1496 ft²
|
$1,079,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Thania Vernon
Fortune International Realty Key Biscayne Inc
| |
|
08/20/2018
|
2 Bed
|
2 Bath
|
1496 ft²
|
$1,600,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Barbara Lamar PA
One Sotheby's International Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017