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What we cover
550 OCEAN DR, Key Biscayne 33149
1969
Year Built
64
Units
2
For Sale
$818K
Avg Price
$634
Sale $/SF
—
For Rent
—
Avg Rent
$3.03
Rent $/SF
+4.7%
YoY
For Sale
2
For Rent
0
Investor-Owned
50%
Avg HOA
$1,413/mo
Address
550 OCEAN DR, Key Biscayne, 33149
Neighborhood
Key Biscayne
Year Built
1969
Total Units
64
Avg Unit Sqft
1,325 SF
Tier
Premium
Avg $/SF
$633.96
Rent $/SF
$3.03/SF
HOA Range
$1,413 – $1,413
Google Rating
3.0 (2 reviews)
Neighborhood Rank
Top 15%
Avg Unit Value
$583K
Total Sales (All-Time)
210
Sale Price Trend ($/SF)
$568
Rental Price Trend ($/SF)
$2.98
Building Activity
Closed Sales (120d)
0
transactions
Low volume
Active Listings
For Sale (2)

$795K
Unit 3H
$840K
Unit 4ERecent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Jun 18, 2025 | $752K | $567.55 | 2/2 | 1,325 |
| May 2, 2025 | $750K | $566.04 | 2/2 | 1,325 |
| Aug 27, 2024 | $725K | $547.17 | 2/2 | 1,325 |
| Aug 30, 2023 | $670K | $505.66 | 2/2 | 1,325 |
| Apr 13, 2023 | $644K | $486.04 | 2/2 | 1,325 |
| Jun 27, 2022 | $565K | $426.42 | 2/2 | 1,325 |
| Jan 22, 2022 | $550K | $415.09 | 2/2 | 1,325 |
| Oct 27, 2021 | $600K | $452.83 | 2/2 | 1,325 |
| Aug 13, 2021 | $580K | $437.74 | 2/2 | 1,325 |
| Jul 26, 2021 | $490K | $369.81 | 2/2 | 1,325 |
| Jun 10, 2021 | $625K | $471.7 | 2/2 | 1,325 |
| May 10, 2021 | $460K | $347.17 | 2/2 | 1,325 |
| Apr 12, 2021 | $460K | $347.17 | 2/2 | 1,325 |
| Apr 6, 2021 | $530K | $400 | 2/2 | 1,325 |
| Sep 24, 2020 | $199K | $150.49 | 2/2 | 1,325 |
| Jun 18, 2020 | $540K | $407.55 | 2/2 | 1,325 |
| Jan 13, 2020 | $475K | $358.49 | 2/2 | 1,325 |
| Nov 24, 2019 | $455K | $343.4 | 2/2 | 1,325 |
| Jul 1, 2019 | $500K | $377.36 | 2/2 | 1,325 |
| Dec 7, 2018 | $485K | $366.04 | 2/2 | 1,325 |
| Aug 28, 2018 | $530K | $400 | 2/2 | 1,325 |
| Jun 25, 2018 | $15K | $11.32 | 2/2 | 1,325 |
| Jun 15, 2018 | $300K | $226.42 | 2/2 | 1,325 |
| Sep 25, 2017 | $532K | $401.51 | 2/2 | 1,325 |
| Jul 7, 2017 | $563K | $424.91 | 2/2 | 1,325 |
Total Units
64
Avg Sqft
1,325 SF
Avg Assessed
$473K
Owner-Occupied
50%
Tax & Ownership
Investor-Owned
50%
Owner-Occupied
50%
Avg Assessed Value
$473K
Avg Taxable Value
$445K
Effective Year Built
1969
Zoning
4900
Unit Mix
Avg 1,325 SF
Unit Directory
Showing 10 of 64 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| 2A | 2 | 2 | 1,325 | $558K | — | $165K | $125 | Nov 1991 |
| 2B | 2 | 2 | 1,325 | $341K | ✓ | $15K | $11 | Jun 2018 |
| 2C | 2 | 2 | 1,325 | $475K | ✓ | $490K | $370 | Jul 2021 |
| 2D | 2 | 2 | 1,325 | $489K | ✓ | $580K | $438 | Aug 2021 |
| 2E | 2 | 2 | 1,325 | $257K | ✓ | $169K | $128 | Oct 1993 |
| 2F | 2 | 2 | 1,325 | $558K | — | $455K | $343 | Nov 2019 |
| 2G | 2 | 2 | 1,325 | $558K | — | $460K | $347 | Apr 2021 |
| 2H | 2 | 2 | 1,325 | $572K | — | $100K | $75 | Sep 1979 |
| 3A | 2 | 2 | 1,325 | $561K | — | $100 | $0 | Nov 2009 |
| 3B | 2 | 2 | 1,325 | $561K | — | $475K | $358 | Jan 2020 |
Top Agents in This Building
Cervera Real Estate
Douglas Elliman
Coldwell Banker
ONE Sotheby's International Realty
eXp Realty
Great Properties International RealtyTop Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
EWM Realty International | 3 | 3 | $1.6M |
Cervera Real Estate | 1 | 2 | $1.3M |
Douglas Elliman | 1 | 2 | $1.2M |
E E Realty International, Inc. | 1 | 2 | $1.2M |
Fortune International Realty | 2 | 2 | $1.1M |
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Neighborhood
Key Biscayne →
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Building Snapshot