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What we cover
650 Ocean Dr, Key Biscayne 33149
1983
Year Built
40
Units
—
For Sale
—
Avg Price
$655
Sale $/SF
—
For Rent
—
Avg Rent
$2.91
Rent $/SF
+49.2%
YoY
For Sale
0
For Rent
0
Investor-Owned
43%
Avg HOA
—
Address
650 Ocean Dr, Key Biscayne, 33149
Neighborhood
Key Biscayne
Year Built
1983
Total Units
40
Avg Unit Sqft
1,862 SF
Tier
Premium
Avg $/SF
$655.47
Rent $/SF
$2.91/SF
Neighborhood Rank
Top 8%
Avg Unit Value
$898K
Total Sales (All-Time)
150
Sale Price Trend ($/SF)
$655
Rental Price Trend ($/SF)
$3.30
Building Activity
Days on Market
57
days
Normal pace
Months of Inventory
0.0
months
Low supply
Sale-to-List Ratio
94.8%
Fair negotiation
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
1
transactions
Low volume
Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Dec 29, 2025 | $995K | $655.47 | 3/2 | 1,518 |
| Dec 28, 2023 | $1.2M | $635.66 | 3/3 | 1,935 |
| Dec 27, 2023 | $1.2M | $635.66 | 3/3 | 1,935 |
| Apr 19, 2023 | $1.0M | $656.21 | 2/— | 1,562 |
| Apr 18, 2023 | $1.0M | $656.21 | 2/2 | 1,562 |
| Mar 31, 2023 | $875K | $560.18 | 2/2 | 1,562 |
| Jun 15, 2022 | $710K | $467.72 | 2/2 | 1,518 |
| Jan 31, 2022 | $1.3M | $578.17 | 3/3 | 2,162 |
| Dec 9, 2021 | $780K | $513.83 | 2/2 | 1,518 |
| Nov 22, 2021 | $780K | $513.83 | 2/— | 1,518 |
Total Units
40
Avg Sqft
1,862 SF
Avg Assessed
$765K
Owner-Occupied
58%
Tax & Ownership
Investor-Owned
43%
Owner-Occupied
58%
Avg Assessed Value
$765K
Avg Taxable Value
$736K
Effective Year Built
1983
Zoning
5000
Unit Mix
Avg 1,544 SF
Avg 1,998 SF
Avg 3,365 SF
Unit Directory
Showing 10 of 40 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| 1OD | 3 | 2 | 1,847 | $395K | ✓ | $243K | $131 | Mar 1998 |
| 3A | 3 | 3 | 1,935 | $744K | ✓ | $705K | $364 | Mar 2021 |
| 3B | 2 | 2 | 1,562 | $773K | ✓ | $875K | $560 | Mar 2023 |
| 3C | 3 | 3 | 2,162 | $985K | — | $760K | $352 | May 2013 |
| 4A | 3 | 3 | 1,935 | $760K | ✓ | $808K | $417 | Sep 2017 |
| 4-B | 2 | 2 | 1,562 | $433K | ✓ | $205K | $131 | Feb 2014 |
| 4C | 3 | 3 | 2,162 | $1.0M | — | $425K | $197 | Mar 2001 |
| 5A | 3 | 3 | 1,935 | $897K | — | $1.1M | $568 | Sep 2015 |
| 5B | 2 | 2 | 1,562 | $805K | — | $217K | $139 | Jul 1995 |
| 5C | 3 | 3 | 2,162 | $877K | ✓ | $863K | $399 | Mar 2021 |
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Neighborhood
Key Biscayne →
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Building Snapshot