881 OCEAN DR 3A, Key Biscayne, FL 33149

Parcel: 2452040080060 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$1,673,854

Property Details

Beds
3
Baths
3
Living Sqft
3,120
Year Built
1971
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$500,000
1993-03-01
2
$630,000+26%
2001-03-01
3
$760,000+21%
2004-04-01

Tax Assessment History

$1,673,854
Assessed (2025)
$2,610,500
Market Value
$1,623,132
Taxable Value
$33,046
Annual Tax
2024
$1,626,681
$2,610,500
2025
$1,673,854
$2,610,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,673,854 $2,610,500 $1,623,132 $33,046
2024 $1,626,681 $2,610,500 $1,576,681 $32,100

About 881 OCEAN DR 3A, Key Biscayne, FL 33149

881 OCEAN DR 3A, Key Biscayne, FL 33149 is a 3-bedroom, 3-bathroom residential - total value : condominium - residential built in 1971 with 3,120 square feet of living space. The property is currently owned by MANUEL DELGADO &W ROSARIO O DELGAGO, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2004-04-01 for $760,000. The property has appreciated $130,000 (21%) since the prior sale of $630,000 on 2001-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,673,854 with a market value of $2,610,500. The assessed value increased 3% from $1,626,681 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $170,682, and the median home value is $1,539,500.

The population density is 16,591 people per square mile. 881 OCEAN DR 3A, Key Biscayne, FL 33149 is located in Key Biscayne, Florida. Property records, tax assessments, sales history, and ownership information for this Key Biscayne property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1993 to 2004, with 3 recorded transactions in the public record. The current assessed value represents 220% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $244 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

MANUEL DELGADO &W ROSARIO O DELGAGO
881 OCEAN DR #3-A, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$17,138 — $30,929
Flood $400 — $800
Property/Wind $16,738 — $30,129

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$170,682
Median Home Value$1,539,500
Pop. Density16,591/sq mi

Neighborhood 33149

34.2%
Owner-Occ
65.8%
Investor
119
Flips (4yr)
3,025
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
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