$1,117,237*
●
Condo -
Off Market
650 Ocean Dr #11B
Key Biscayne, FL 33149
2 Beds
2 Baths
1,562 Ft²
$675,000 - $823,000
Reference Base Price*
48.97%
Since Apr 1, 2021
FL-Miami
Primary Model
About This Property
Incredible Ocean Views from every room of this Penthouse Unit. The
unit comes furnished with elegant, high-end furniture and decor
including beautiful artwork, area rugs and sculptures. The unit is
very bright and spacious. Master Bedroom features two walk-in
closets, with his/her sinks, tub and separate shower recently
remodeled. 2nd Bedroom features a pull out couch with a large
closet and a detached remodeled bathroom. Large dining room area
adjacent to the family/living room. 2 assigned spaces, new pool,
clubhouse, and on-site management. Private Beach Access included.
Close to the best restaurants, shops and parks in Key Biscayne.
The manager has listed the unit size as 1562 square feet.
The manager has listed the unit size as 1562 square feet.
Unit Size
1,562 Ft²
Days on Market
-
Land Size
-
Price per sqft
$480
Property Type
Condo
Property Taxes
$961
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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 27, 2023 | No longer available | - | |
| No longer available | |||
| Dec 5, 2022 | Listed | $1,170,000 | |
| Listed | |||
| | |||
|
Beautiful recently remodeled Oceanfront Unit located on the Top Floor of Bahia Mar! Wake up everyday to Beautiful Sunrises from this 2 Bedroom 2 Bathroom unit. Recently remodeled less than 2 years ago. This unit is perfect for anyone looking for a quiet boutique building located directly in front of the Ocean. This unit has a spacious living room with plenty of natural lighting and a great open kitchen for those who like to cook and entertain.
| |||
| Mar 31, 2021 | No longer available | - | |
| No longer available | |||
| Jan 5, 2021 | Listed | $749,995 | |
| 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 |
|---|---|---|---|---|---|---|---|
|
10/04/2022
|
3 Bed
|
2 Bath
|
1847 ft²
|
$1,395,000
3 Bed
2 Bath
1847 ft²
|
-
-
|
Carlos Coto
One Sotheby's International Realty
| |
|
07/27/2022
|
2 Bed
|
2 Bath
|
1562 ft²
|
$1,350,000
2 Bed
2 Bath
1562 ft²
|
-
-
|
Ana Cuan
BHHS EWM Realty
| |
|
05/23/2022
|
3 Bed
|
3 Bath
|
1935 ft²
|
$1,849,900
3 Bed
3 Bath
1935 ft²
|
-
-
|
Kid Leitao
Global Luxury Realty LLC
| |
|
07/19/2021
|
4 Bed
|
4 Bath
|
3365 ft²
|
$1,890,000
4 Bed
4 Bath
3365 ft²
|
-
-
|
Riley Smith
BHHS EWM Realty
| |
|
01/05/2021
|
2 Bed
|
2 Bath
|
1562 ft²
|
$749,995
2 Bed
2 Bath
1562 ft²
|
-
-
|
Jonathan Coto
Smart Choice Realty & Financial Services Inc
| |
|
11/16/2020
|
3 Bed
|
3 Bath
|
1935 ft²
|
$890,000
3 Bed
3 Bath
1935 ft²
|
-
-
|
Sylvia Iriondo
BHHS EWM Realty
| |
|
11/08/2020
|
3 Bed
|
3 Bath
|
2162 ft²
|
$874,900
3 Bed
3 Bath
2162 ft²
|
$862,500
-1.42%
04/20/2021
|
Richard Leiva
Bayview International Realty
| |
|
10/30/2019
|
3 Bed
|
2 Bath
|
1518 ft²
|
$815,000
3 Bed
2 Bath
1518 ft²
|
-
-
|
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
| |
|
01/31/2019
|
3 Bed
|
3 Bath
|
1935 ft²
|
$795,000
3 Bed
3 Bath
1935 ft²
|
-
-
|
Karen Holmquist
Compass Florida LLC
| |
|
09/19/2018
|
3 Bed
|
3 Bath
|
2162 ft²
|
-
3 Bed
3 Bath
2162 ft²
|
-
-
|
Marta Amador
Shelton and Stewart REALTORS
| |
|
06/19/2018
|
2 Bed
|
2 Bath
|
1562 ft²
|
-
2 Bed
2 Bath
1562 ft²
|
-
-
|
-
| |
|
06/14/2018
|
3 Bed
|
3 Bath
|
1935 ft²
|
$1,249,000
3 Bed
3 Bath
1935 ft²
|
-
-
|
Kid Leitao
Global Luxury Realty LLC
| |
|
04/16/2018
|
3 Bed
|
2 Bath
|
1847 ft²
|
$1,099,000
3 Bed
2 Bath
1847 ft²
|
-
-
|
Douglas Kinsley
Fortune International Realty Key Biscayne Inc
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017