881 OCEAN DR 17E, Key Biscayne, FL 33149

Parcel: 2452040081220 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$914,261

Property Details

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

Sales History

1
$480,000
2002-04-01
2
$1,250,000+160%
2012-12-28
WILLIAM J CONRAD TRTHOMAS P HANZAS
3
$1,475,000+18%
2015-06-08
CARLIN H HANZASKATHARINE GREGOR TRS

Tax Assessment History

$914,261
Assessed (2025)
$1,485,540
Market Value
$863,539
Taxable Value
$17,581
Annual Tax
2024
$888,495
$1,414,800
2025
$914,261
$1,485,540
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $914,261 $1,485,540 $863,539 $17,581
2024 $888,495 $1,414,800 $838,495 $17,071

About 881 OCEAN DR 17E, Key Biscayne, FL 33149

881 OCEAN DR 17E, 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 KATHARINE GREGOR TRS KATHARINE GREGOR LIVING TRUST, 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 2015-06-08 for $1,475,000, when CARLIN H HANZAS sold to KATHARINE GREGOR TRS. The property has appreciated $225,000 (18%) since the prior sale of $1,250,000 on 2012-12-28. There are 3 recorded sales for this property.

The 2025 assessed value is $914,261 with a market value of $1,485,540. The assessed value increased 3% from $888,495 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 17E, 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 2002 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 62% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $787 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

KATHARINE GREGOR TRS KATHARINE GREGOR LIVING TRUST
881 OCEAN DR 17E, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$9,542 — $17,256
Flood $400 — $800
Property/Wind $9,142 — $16,456

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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