881 OCEAN DR TH15, Key Biscayne, FL 33149

Parcel: 2452040082200 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$893,000

Property Details

Beds
2
Baths
2
Living Sqft
1,042
Year Built
1971
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2009-01-09
ANTHONY L DAVIDEANA M DAVIDE &H
2
$900,000
2023-05-08
ANA M DAVIDE &HFELIX NABOR SABATES SR
3
$900,000
2023-05-15
4
$1,199,000+33%
2025-01-30
FELIX NABOR SABATES SRSANTIAGO VANEGAS MOTTA
5
$1,199,000
2025-03-31
6
$422,000-65%
2026-03-26
SANTIAGO VANEGAS MOTTAMARTHA LEDESMA GUEVARA

Tax Assessment History

$893,000
Assessed (2025)
$893,000
Market Value
$893,000
Taxable Value
$18,181
Annual Tax
2024
$893,000
2025
$893,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $893,000 $893,000 $893,000 $18,181
2024 $893,000 $893,000 $893,000 $18,181

About 881 OCEAN DR TH15, Key Biscayne, FL 33149

881 OCEAN DR TH15, Key Biscayne, FL 33149 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1971 with 1,042 square feet of living space. The property is currently owned by MARTHA LEDESMA GUEVARA, recorded as of 2026-04-18. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-03-26 for $422,000, when SANTIAGO VANEGAS MOTTA sold to MARTHA LEDESMA GUEVARA . The property sold for $777,000 less than the prior sale of $1,199,000 on 2025-03-31. There are 6 recorded sales for this property.

The 2025 assessed value is $893,000 with a market value of $893,000. 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 $350,429 recorded against this property.

881 OCEAN DR TH15, 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 2009 to 2026, with 6 recorded transactions in the public record.

The current assessed value represents 212% 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 $405 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

MARTHA LEDESMA GUEVARA
571 GLENRIDGE RD, KEY BISCAYNE, FL, 33149
Since: 2026-04-18
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$9,330 — $16,874
Flood $400 — $800
Property/Wind $8,930 — $16,074

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
$839,300
~$350,429 bal.
AMES CAPITAL LLC · 2025-03-31
Est. Total Balance $350,429
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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