21
Map
613 Ocean Dr #5D
About This Property
The enclosed balcony significantly expands the living area, (1,611sf) creating a spacious and comfortable setting for entertaining or relaxing while enjoying the spectacular ocean views. Enjoy resort-style amenities including beach service, oceanfront pool, fitness center, beach tennis, BBQ and picnic areas, 24-hour security, and lush botanical gardens.
One covered parking space is included; a second space is available on a first-come, first-served basis. Just steps from restaurants, boutiques, parks, supermarket, A+ schools, and the community center. The best of Key Biscayne living.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Listed by Avanti Way Brickell | $1,770,000 | |
| Listed by Avanti Way Brickell | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/19/2021
|
2 Bed
|
2 Bath
|
1496 ft²
|
$890,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Gloria Marina
BHHS EWM Realty
| |
|
03/15/2020
|
2 Bed
|
2 Bath
|
1496 ft²
|
$1,190,000
2 Bed
2 Bath
1496 ft²
|
-
-
|
Kim Ellen Haug
Fortune International Realty
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1496 ft²
|
-
2 Bed
2 Bath
1496 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017