881 OCEAN DR 12G, Key Biscayne, FL 33149
Parcel: 2452040080840 · Residential · Condominium - Residential · Zoning: 4900
Assessed Value (2025)
$1,383,750
Property Details
Beds
2
Baths
2
Living Sqft
1,875
Year Built
1971
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
N/Anon-market transfer
2006-10-01
2
$1,200,000
2015-10-19
SALLY MCLAURY FERTITTA TRS → JAIME E CERVERA TRS
3
$100non-market transfer
2024-07-09
JAIME E CERVERA TRS → 881 OCEAN 12G LLC
4
N/A
2024-08-08
Tax Assessment History
$1,383,750
Assessed (2025)
$1,383,750
Market Value
$1,383,750
Taxable Value
$28,172
Annual Tax
2024
$1,060,540
$1,386,400
2025
$1,383,750
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,383,750 | $1,383,750 | $1,383,750 | $28,172 | $0 | $0 |
| 2024 | $1,060,540 | $1,386,400 | $1,060,540 | $21,592 | $0 | $0 |
About 881 OCEAN DR 12G, Key Biscayne, FL 33149
881 OCEAN DR 12G, 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 881 OCEAN 12G LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 4 recorded sales for this property. The 2025 assessed value is $1,383,750 with a market value of $1,383,750. The assessed value increased 30% from $1,060,540 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 12G, 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 2006 to 2024, with 4 recorded transactions in the public record..
Current Owner
881 OCEAN 12G LLC
618 JERONIMO DR, CORAL GABLES, FL, 33146
Since: 2026-03-29
View owner profile →
People Behind This Entity
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$14,237 — $25,707
Flood $400 — $800
Property/Wind $13,837 — $24,907
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
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