881 OCEAN DR 13D, Key Biscayne, FL 33149

Parcel: 2452040080890 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$1,170,840

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
2007-11-01
2
$785,000
2008-02-01
3
$875,000+11%
2012-06-01
IGNACIO VEGA DE SEOANEROBERTO COZZARI

Tax Assessment History

$1,170,840
Assessed (2025)
$1,461,075
Market Value
$1,170,840
Taxable Value
$23,837
Annual Tax
2024
$1,064,400
$1,391,500
2025
$1,170,840
$1,461,075
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,170,840 $1,461,075 $1,170,840 $23,837
2024 $1,064,400 $1,391,500 $1,064,400 $21,670

About 881 OCEAN DR 13D, Key Biscayne, FL 33149

881 OCEAN DR 13D, 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 ROBERTO COZZARI, 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 2012-06-01 for $875,000, when IGNACIO VEGA DE SEOANE sold to ROBERTO COZZARI. The property has appreciated $90,000 (11%) since the prior sale of $785,000 on 2008-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,170,840 with a market value of $1,461,075. The assessed value increased 10% from $1,064,400 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 13D, 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 2007 to 2012, with 3 recorded transactions in the public record.

The current assessed value represents 134% 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 $467 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

ROBERTO COZZARI
5295 FAIRCHILD WAY, CORAL GABLES, FL, 33156
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$12,108 — $21,875
Flood $400 — $800
Property/Wind $11,708 — $21,075

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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