881 Ocean Drive

881 Ocean Drive is a condo located in Village of Key Biscayne, Key Biscayne. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! There are 43 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 168 days and tend to sell below the original asking price of $2,085,000 by 4.08%. Meaning, listings tend to sell at a median of $1,013 price per square foot. The transaction that took the longest to complete was unit 4A, listed on Jun 19, 2018 for $2,150,000. This particular unit ultimately sold 350 days later for $1,930,000. The most recent transaction was for unit 21H, which was first advertised on Feb 09, 2023, sold for $3,385,000 on Apr 11, 2023. Fun fact, the oldest transaction we have on record took place on Dec 29, 1997. See the full transaction history for 881 Ocean Drive below.

Village of Key Biscayne, where 881 Ocean Drive is located, has a median asking price of $1,350,000 for condo buildings. Meanwhile, the building itself has a median asking price of $2,085,000. For interested buyers, that means the building's median asking price is around 0.16% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There are currently 5 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $3,750,000. It is a 3,120 sqft 3 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $2,400,000. It is a 1,875 sqft 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 2 two-bedroom, 3 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $3,595,000. Collectively, the median square footage of these active units for sale is 3,120 sqft. Active units for sale at 881 Ocean Drive are mostly 3-bedroom apartments Active units for sale at 881 Ocean Drive have a median count of 3 bedrooms and have a median count of 3 bathrooms.