650 OCEAN DR 5A, Key Biscayne, FL 33149

Parcel: 2452040160030 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$897,336

Property Details

Beds
3
Baths
3
Living Sqft
1,935
Year Built
1983
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$361,900
2003-03-01
2
$750,000+107%
2012-05-18
R FERNANDEZ DE MESA &W KATHERINEMAURICIO JARAMILLO
3
$1,100,000+47%
2015-09-27
MAURICIO JARAMILLOBAHIA MAR 5A LLC

Tax Assessment History

$897,336
Assessed (2025)
$904,752
Market Value
$897,336
Taxable Value
$18,269
Annual Tax
2024
$815,760
$904,752
2025
$897,336
$904,752
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $897,336 $904,752 $897,336 $18,269
2024 $815,760 $904,752 $815,760 $16,608

About 650 OCEAN DR 5A, Key Biscayne, FL 33149

650 OCEAN DR 5A, Key Biscayne, FL 33149 is a 3-bedroom, 3-bathroom residential - total value : condominium - residential built in 1983 with 1,935 square feet of living space. The property is currently owned by BAHIA MAR 5A LLC, 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 2015-09-27 for $1,100,000, when MAURICIO JARAMILLO sold to BAHIA MAR 5A LLC. The property has appreciated $350,000 (47%) since the prior sale of $750,000 on 2012-05-18. There are 3 recorded sales for this property.

The 2025 assessed value is $897,336 with a market value of $904,752. The assessed value increased 10% from $815,760 in 2024. The median household income in this area is $99,000, and the median home value is $944,400.

The population density is 23,370 people per square mile. 650 OCEAN DR 5A, 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 2003 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 82% of the most recent sale price. Based on the most recent sale, this property traded at $568 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

BAHIA MAR 5A LLC
650 OCEAN DR APT 5A, KEY BISCAYNE, FL, 33149
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$9,373 — $16,952
Flood $400 — $800
Property/Wind $8,973 — $16,152

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$99,000
Median Home Value$944,400
Pop. Density23,370/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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