881 OCEAN DR 17F, Key Biscayne, FL 33149

Parcel: 2452040081230 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$1,485,540

Property Details

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

Sales History

1
$215,000
1987-08-01
2
$1,750,000+714%
2022-09-22
HOWARD R SANDERS EST OFSTEPHEN FERRANDO
3
$100non-market transfer
2022-09-22
HOWARD R SANDERS EST OFSTEPHEN FERRANDO
4
N/A
2022-09-23
5
$1,750,000
2022-09-23

Tax Assessment History

$1,485,540
Assessed (2025)
$1,485,540
Market Value
$1,485,540
Taxable Value
$30,244
Annual Tax
2024
$1,414,800
2025
$1,485,540
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,485,540 $1,485,540 $1,485,540 $30,244
2024 $1,414,800 $1,414,800 $1,414,800 $28,804

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

881 OCEAN DR 17F, 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 STEPHEN FERRANDO MARIA F COSTANTINI FERRANDO, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

There are 5 recorded sales for this property. The 2025 assessed value is $1,485,540 with a market value of $1,485,540. The assessed value increased 5% from $1,414,800 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. There are active mortgage liens totaling $1,173,840 recorded against this property. 881 OCEAN DR 17F, 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 1987 to 2022, with 5 recorded transactions in the public record..

Current Owner

STEPHEN FERRANDO MARIA F COSTANTINI FERRANDO
7 OAK RIDGE CT, WEST HARRISON, NY, 10604
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$15,255 — $27,539
Flood $400 — $800
Property/Wind $14,855 — $26,739

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 →

Mortgages

ACTIVE
$1,225,000
~$1,173,840 bal.
GUARANTEED RATE AFFINITY LLC · 2022-09-23
Est. Total Balance $1,173,840
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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