$1,057,983*
●
Condo -
Off Market
881 Ocean Dr #L2
Key Biscayne, FL 33149
1 Bed
2 Baths,
1
Half Bath
930 Ft²
$531,000 - $649,000
Reference Base Price*
79.32%
Since Nov 1, 2018
FL-Miami
Primary Model
About This Property
The perfect pied-a-terre to enjoy yourself or rent for income!
Large unit (930 sq ft) with tons of natural light. The
white ceramic tiles make it light and bright and totally "beachy".
Plus, Casa del Mar has wonderful amenities for the entire
family, including: 2 lighted tennis courts, a basketball/volleyball
court, gym, 2 pools (one for kids), a BBQ area and more! Rented
until 09/30/2019. Sale subject to lease.
The manager has listed the unit size as 930 square feet.
The manager has listed the unit size as 930 square feet.
Unit Size
930 Ft²
Days on Market
-
Land Size
-
Price per sqft
$634
Property Type
Condo
Property Taxes
$7,397
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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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 |
|---|---|---|---|
| Oct 22, 2024 | Listed | $875,000 | |
| Listed | |||
| | |||
|
Incredible new price! Discover your dream condo @ the prestigious Casa del Mar in Key Biscayne. Stunning, turnkey, remodeled unit features a permitted 2nd bathroom & elegant double-door entry w/hurricane impact windows. Meticulously crafted details offer style & functionality. Enjoy a luxurious oceanfront lifestyle, complete w/excellent amenities: 2 lighted clay tennis courts, basketball & volleyball court, gym, Olympic-sized pool, children’s pool, BBQ area, library, kids playroom, party room & a welcoming lobby w/guard gate attendants all w/direct beach access. Take the chance to meander or bike to charming parks, diverse shops & delightful restaurants just minutes away. This is not just a property; it’s a lifestyle waiting to be embraced. Don’t let this incredible opportunity pass you by
| |||
| Oct 14, 2024 | No longer available | - | |
| No longer available | |||
| Jul 22, 2024 | Price Decreased |
$980,000
↓ $15K
(1.5%) | |
| Price Decreased | |||
| Apr 13, 2024 | Listed | $995,000 | |
| Listed | |||
| | |||
|
Rarely on the market, 1 bedroom 2 full baths. Steps from the Beach and Pool. Completely remodeled. Do not miss this opportunity to own on the prestigious Island of Key Biscayne. Easy to show.
| |||
| Nov 20, 2022 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Air Conditioning
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 |
|---|---|---|---|---|---|---|---|
|
07/11/2023
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,995,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Alexander Saieh
Midtown Realty Group, LLC
| |
|
04/07/2023
|
2 Bed
|
2 Bath
|
1042 ft²
|
$975,000
2 Bed
2 Bath
1042 ft²
|
$900,000
-7.69%
05/26/2023
|
Moe Mossa
Savvy Avenue LLC
| |
|
02/09/2023
|
3 Bed
|
3 Bath
|
3120 ft²
|
$3,495,000
3 Bed
3 Bath
3120 ft²
|
$3,385,000
-3.15%
04/11/2023
|
Jacqueline Cabrera
One Sothebys International Realty
| |
|
02/04/2023
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,699,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Dulce Garcia
Gables Gate Enterprises Inc.
| |
|
12/10/2022
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,995,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Ashley Cusack
BHHS EWM Realty
| |
|
10/29/2022
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,595,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Jacqueline Cabrera
One Sotheby's International Realty
| |
|
10/06/2022
|
1 Bed
|
2 Bath
|
930 ft²
|
$999,999
1 Bed
2 Bath
930 ft²
|
-
-
|
A. Alina Gonzalez
BHHS EWM Realty
| |
|
09/08/2022
|
1 Bed
|
1.5 Bath
|
930 ft²
|
$1,145,000
1 Bed
1.5 Bath
930 ft²
|
-
-
|
Jacqueline Cabrera
One Sotheby's International Realty
| |
|
09/01/2022
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,750,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Carmen Tonarely
Fortune International Realty Key Biscayne Inc
| |
|
07/22/2022
|
2 Bed
|
2 Bath
|
1042 ft²
|
$975,000
2 Bed
2 Bath
1042 ft²
|
-
-
|
Jacqueline Cabrera
One Sotheby's International Realty
| |
|
07/20/2022
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,799,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Brenda Gramajo
Douglas Elliman
| |
|
07/20/2022
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,700,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
| |
|
05/02/2022
|
2 Bed
|
2 Bath
|
1875 ft²
|
$2,085,000
2 Bed
2 Bath
1875 ft²
|
$2,000,000
-4.08%
09/19/2022
|
Lucia Marin
One Sotheby's International Realty
| |
|
03/24/2022
|
1 Bed
|
1 Bath
|
930 ft²
|
$695,000
1 Bed
1 Bath
930 ft²
|
-
-
|
Jacqueline Cabrera
One Sotheby's International Realty
| |
|
03/10/2022
|
3 Bed
|
3 Bath
|
3120 ft²
|
$3,100,000
3 Bed
3 Bath
3120 ft²
|
-
-
|
Paula Sanchez
Unique International Properties
| |
|
03/08/2022
|
2 Bed
|
2 Bath
|
1875 ft²
|
$2,100,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Elizabeth Warner
Hardie Warner Real Estate, Inc.
| |
|
03/03/2022
|
3 Bed
|
3 Bath
|
3120 ft²
|
$2,500,000
3 Bed
3 Bath
3120 ft²
|
-
-
|
Karina Asturias Reguera
Compass Florida, LLC.
| |
|
01/05/2022
|
2 Bed
|
2 Bath
|
-
|
$2,200,000
2 Bed
2 Bath
|
-
-
|
Florencia Capiel De Moni
BHHS EWM Realty
| |
|
02/03/2022
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,900,000
2 Bed
2 Bath
1875 ft²
|
$1,800,000
-5.26%
10/24/2022
|
Carolina Echarte
Brown Harris Stevens
| |
|
11/24/2021
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,990,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Sergio Mannarino
One World Properties
| |
|
11/22/2021
|
3 Bed
|
3 Bath
|
3120 ft²
|
$3,500,000
3 Bed
3 Bath
3120 ft²
|
-
-
|
Juan Velasquez
Douglas Elliman
| |
|
10/06/2021
|
2 Bed
|
3 Bath
|
1042 ft²
|
$1,050,000
2 Bed
3 Bath
1042 ft²
|
-
-
|
Maria Pia Sague
Brown Harris Stevens
| |
|
09/30/2021
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,845,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Jacqueline Cabrera
One Sotheby's International Realty
| |
|
07/30/2021
|
3 Bed
|
2 Bath
|
1875 ft²
|
$1,650,000
3 Bed
2 Bath
1875 ft²
|
-
-
|
Marilda Fernandes
Compass Florida, LLC
| |
|
07/26/2021
|
3 Bed
|
3 Bath
|
3120 ft²
|
$2,950,000
3 Bed
3 Bath
3120 ft²
|
-
-
|
Eugenio Velez
First Way Realty Services Inc
| |
|
06/18/2021
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,625,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Carlos Coto
One Sotheby's International Realty
| |
|
06/05/2021
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,800,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Elizabeth Warner
Hardie Warner Real Estate, Inc.
| |
|
04/01/2021
|
3 Bed
|
3 Bath
|
3120 ft²
|
$2,499,000
3 Bed
3 Bath
3120 ft²
|
-
-
|
Rey Figueroa
The Keyes Company
| |
|
03/10/2021
|
3 Bed
|
3 Bath
|
3120 ft²
|
$2,950,000
3 Bed
3 Bath
3120 ft²
|
-
-
|
Paula Sanchez
Unique International Properties
| |
|
03/10/2021
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,350,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
James Salas
E Realty International, Inc.
| |
|
02/23/2021
|
3 Bed
|
3 Bath
|
3120 ft²
|
$2,600,000
3 Bed
3 Bath
3120 ft²
|
-
-
|
Paula Sanchez
Unique International Properties
| |
|
02/16/2021
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,450,000
2 Bed
2 Bath
1875 ft²
|
$1,400,000
-3.45%
08/03/2021
|
Audrey Ross
Compass Florida LLC
| |
|
01/25/2021
|
3 Bed
|
2 Bath
|
1875 ft²
|
$1,495,000
3 Bed
2 Bath
1875 ft²
|
-
-
|
German Botero
Fortune International Realty
| |
|
01/07/2021
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,395,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Natalia Salgado
Fortune International Realty
| |
|
12/10/2020
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,350,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Victor Coto
One Sotheby's International Realty
| |
|
11/01/2020
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,495,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Rene Russo
Douglas Elliman
| |
|
07/08/2020
|
1 Bed
|
1 Bath
|
930 ft²
|
$575,000
1 Bed
1 Bath
930 ft²
|
-
-
|
Cristian Black
Fortune International Realty Key Biscayne Inc
| |
|
01/01/2020
|
2 Bed
|
2 Bath
|
1042 ft²
|
$798,000
2 Bed
2 Bath
1042 ft²
|
-
-
|
Ana De Collongette PA
Berkshire Hathaway HomeServices Florida Realty
| |
|
12/16/2019
|
2 Bed
|
2 Bath
|
1875 ft²
|
$980,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Carmen Tonarely
Fortune International Realty Key Biscayne Inc
| |
|
10/18/2019
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,385,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Jill Olcott
Keller Williams Miami Beach Realty
| |
|
08/19/2019
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,295,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Victor Coto
One Sotheby's International Realty
| |
|
06/18/2019
|
1 Bed
|
1 Bath
|
930 ft²
|
$650,000
1 Bed
1 Bath
930 ft²
|
-
-
|
Cristian Black
Fortune International Realty Key Biscayne Inc
| |
|
06/14/2019
|
3 Bed
|
3 Bath
|
3120 ft²
|
$2,699,000
3 Bed
3 Bath
3120 ft²
|
-
-
|
Martine Paulin P L P L
Compass Florida, LLC
| |
|
06/11/2019
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,150,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Natalia Araujo
Related ISG International Realty
| |
|
03/01/2019
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,450,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Audrey Ross
Compass Florida LLC
| |
|
12/28/2018
|
3 Bed
|
3 Bath
|
3120 ft²
|
$2,649,000
3 Bed
3 Bath
3120 ft²
|
-
-
|
Guadalupe Heinz
Fortune International Realty
| |
|
08/21/2018
|
2 Bed
|
3 Bath
|
1042 ft²
|
-
2 Bed
3 Bath
1042 ft²
|
-
-
|
Juan Velasquez
Douglas Elliman
| |
|
08/16/2018
|
2 Bed
|
2 Bath
|
1875 ft²
|
-
2 Bed
2 Bath
1875 ft²
|
-
-
|
Claudine Coto
One Sotheby's International Realty
| |
|
08/13/2018
|
1 Bed
|
1 Bath
|
930 ft²
|
-
1 Bed
1 Bath
930 ft²
|
-
-
|
-
| |
|
06/19/2018
|
3 Bed
|
3 Bath
|
3120 ft²
|
$2,150,000
3 Bed
3 Bath
3120 ft²
|
$1,930,000
-10.23%
06/05/2019
|
Ana Yeager
| |
|
06/19/2018
| |
2 Bed
|
2 Bath
|
1042 ft²
|
-
2 Bed
2 Bath
1042 ft²
|
-
-
|
-
|
|
06/05/2018
|
2 Bed
|
2 Bath
|
1875 ft²
|
-
2 Bed
2 Bath
1875 ft²
|
-
-
|
Martin Mas
Fortune International Realty Brickell Inc
| |
|
02/25/2018
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,449,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Lorraine Neumann
Fortune International Realty Key Biscayne Inc
| |
|
11/03/2017
|
2 Bed
|
2 Bath
|
1958 ft²
|
-
2 Bed
2 Bath
1958 ft²
|
-
-
|
Alin V Zdroba
Propertio
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1875 ft²
|
-
2 Bed
2 Bath
1875 ft²
|
-
-
|
-
|
|
07/24/2017
|
1 Bed
|
2 Bath
|
930 ft²
|
-
1 Bed
2 Bath
930 ft²
|
-
-
|
-
| |
|
07/24/2017
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,100,000
2 Bed
2 Bath
1875 ft²
|
-
-
|
Carmen Tonarely
Fortune International Realty Key Biscayne Inc
| |
|
02/13/2017
|
2 Bed
|
2 Bath
|
1875 ft²
|
$1,470,000
2 Bed
2 Bath
1875 ft²
|
$1,352,500
-7.99%
08/28/2017
|
Maria Martinez
EquiEstate, Corp.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017