881 OCEAN DR 6B, Key Biscayne, FL 33149

Parcel: 2452040080310 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$1,137,019

Property Details

Beds
2
Baths
2
Living Sqft
1,875
Year Built
1971
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$404,800
2000-03-01
2
$100non-market transfer
2003-03-28
BILL GRAYS INCBRUCE C HEGEDOM

Tax Assessment History

$1,137,019
Assessed (2025)
$1,418,865
Market Value
$1,137,019
Taxable Value
$23,149
Annual Tax
2024
$1,033,654
$1,351,300
2025
$1,137,019
$1,418,865
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,137,019 $1,418,865 $1,137,019 $23,149
2024 $1,033,654 $1,351,300 $1,033,654 $21,044

About 881 OCEAN DR 6B, Key Biscayne, FL 33149

881 OCEAN DR 6B, Key Biscayne, FL 33149 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1971 with 1,875 square feet of living space. The property is currently owned by BILL GRAYS INC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2003-03-28 for $100, when BILL GRAYS INC sold to BRUCE C HEGEDOM. The property sold for $404,700 less than the prior sale of $404,800 on 2000-03-01. The 2025 assessed value is $1,137,019 with a market value of $1,418,865.

The assessed value increased 10% from $1,033,654 in 2024. 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 6B, 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 2000 to 2003, with 2 recorded transactions in the public record..

Current Owner

BILL GRAYS INC
964 RIDGE ROAD, WEBSTER, NY, 14580
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$11,770 — $21,266
Flood $400 — $800
Property/Wind $11,370 — $20,466

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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