881 OCEAN DR 27F, Key Biscayne, FL 33149
Parcel: 2452040082030 · Residential · Condominium - Residential · Zoning: 5000
Assessed Value (2025)
$1,151,075
Property Details
Beds
2
Baths
2.5
Living Sqft
1,711
Year Built
1971
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
N/Anon-market transfer
2010-09-09
SANDRA SHAPIRO TRS → BARBARA SHAPIRO
2
$875,000
2011-09-13
BARBARA SHAPIRO → ARIEL PRAT
3
$100non-market transfer
2025-03-14
ARIEL PRAT → ARIEL PRAT
4
N/A
2025-03-21
5
$100non-market transfer
2025-11-18
ARIEL PRAT → FAROE HOLDINGS LTD
Tax Assessment History
$1,151,075
Assessed (2025)
$1,450,764
Market Value
$1,151,075
Taxable Value
$23,435
Annual Tax
2024
$1,046,432
$1,381,680
2025
$1,151,075
$1,450,764
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,151,075 | $1,450,764 | $1,151,075 | $23,435 | $0 | $0 |
| 2024 | $1,046,432 | $1,381,680 | $1,046,432 | $21,305 | $0 | $0 |
About 881 OCEAN DR 27F, Key Biscayne, FL 33149
881 OCEAN DR 27F, Key Biscayne, FL 33149 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1971 with 1,711 square feet of living space. The property is currently owned by FAROE HOLDINGS LTD, recorded as of 2026-05-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2025-11-18 for $100, when ARIEL PRAT sold to FAROE HOLDINGS LTD. There are 5 recorded sales for this property. The 2025 assessed value is $1,151,075 with a market value of $1,450,764.
The assessed value increased 10% from $1,046,432 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 27F, 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 2010 to 2025, with 5 recorded transactions in the public record..
Current Owner
FAROE HOLDINGS LTD
CALLES ALAMEDA QUINTA PARAULATA, CARACAS
Since: 2026-05-03
View owner profile →
People Behind This Entity
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$11,910 — $21,519
Flood $400 — $800
Property/Wind $11,510 — $20,719
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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