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881 Ocean Dr # 27E, Key Biscayne FL 33149

Penthouse Recently Sold
$1,995,000

BTC: 31.17187500

ETH: 1,142.61168385

Sold on: 2025-03-31
7 days
Waterfront
2 bds
2 ba
1,875 sqft

Overview

THIS IS A PERFECT SOUGHT-AFTER PENTHOUSE WITH DIRECT ATLANTIC OCEAN AND BISCAYNE BAY VIEWS FOREVER. TOTALLY AND COMPLETELY REMODELED IN THE BEST OF TASTE! ELEGANT PORCELAIN FLOORS THROUGHOUT THIS 2 BEDROOM, 2 BATH HOME. CUSTOM FINISHES INCLUDE:ITALIAN (ARAN) CLOSETS, ITALIAN (CASABATH) BATHROOM CABINETRY, ITALIAN (BINOVA) KITCHEN CABINETRY, QUARTZITE COUNTERS, SUBZERO WINE FRIDGE, MIELE APPLIANCES, FULL SIZE WASHER AND DRYER AND ON DEMAND WATER HEATER. ALL WINDOWS AND DOORS ARE IMPACT GLASS. WIDE PRIVATE BALCONY OPEN TO THE OCEAN BREEZES. SEMI-PRIVATE (NO LONG HALLWAYS) ELEVATOR FOYER, ONLY ONE NEIGHBOR. SPRINLER SYSTEM ALREADY INSTALLED. NO ASSEMENTS. HEATED POOLS, 2 LIGHTED CLAY TENNIS COURTS, HALF BASKETBALL COURT, SAUNA, GYM, BEACH WITH CHAIRS AND UMBRELLAS AND OCEAN. EASY TO SHOW.

Location

Florida • Key Biscayne • 33149 • Penthouse • Recently Sold • Waterfront

Details

Type:
Residential
Parking:
1 Space / Covered / Guest
Year Built:
1971
Lot:
No Data
Heating:
Central
Price/sqft:
$1,064
Cooling:
Central Air
HOA:
$5,886

Valuation

Our model vs. what's actually selling nearby.
Estimate
$999,000
$591K – $2.7M
Confidence Low
List vs. estimate
$996K above estimate
List $1,995,000 · +99.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,064
-57.0% vs. city median $2,474
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.8M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$20,004
2024
HOA
$5,886/qtr
View
Bay, Ocean View
Waterfront
Ocean Access, Ocean Front
Garage
1 car garage
Pets
Not allowed
All facts and features

  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • Fire Sprinklers

    • Entrance Foyer

    • Pantry

    • Walk-In Closet(s)

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Covered

    • Guest

    Property

    • Exterior Features: Open Balcony / Tennis Court(s)

    Other Property Information

    • Parcel Number: 24-52-04-008-2020

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $5,886

    • HOA Frequency: Quarterly

    • Annual tax amount: $20,004

  • Source details

    • MLS ID: A11721827

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Complete Impact Glass / Blinds / High Impact Windows / Impact Glass

    • Direction Faces: East

    • Architectural Style: High Rise / Penthouse

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1875

    • Subdivision Name: CASA DEL MAR CONDO,CASA DEL MAR

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33149
161
median $2.6M
Active
Same city
Key Biscayne
160
median $2.6M
Active
Same type
Penthouse
6
median $18.5M
Active
Similar price
$1.4M – $2.6M
22
median $1.7M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty