550 OCEAN DR 2D, Key Biscayne, FL 33149

Parcel: 2452050310040 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$488,839

Property Details

Beds
2
Baths
2
Living Sqft
1,325
Year Built
1969
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$185,000
1998-08-01
2
N/Anon-market transfer
2021-06-23
MARIA E F DECARDENAS EST OFSILVIO MANUEL DE CARDENAS TRS
3
$580,000
2021-08-13
SILVIO MANUEL DE CARDENAS TRKELLY PACHECO

Tax Assessment History

$488,839
Assessed (2025)
$572,475
Market Value
$438,117
Taxable Value
$8,920
Annual Tax
2024
$475,063
$535,023
2025
$488,839
$572,475
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $488,839 $572,475 $438,117 $8,920
2024 $475,063 $535,023 $425,063 $8,654

About 550 OCEAN DR 2D, Key Biscayne, FL 33149

550 OCEAN DR 2D, Key Biscayne, FL 33149 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1969 with 1,325 square feet of living space. The property is currently owned by KELLY PACHECO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-08-13 for $580,000, when SILVIO MANUEL DE CARDENAS TR sold to KELLY PACHECO. There are 3 recorded sales for this property. The 2025 assessed value is $488,839 with a market value of $572,475.

The assessed value increased 3% from $475,063 in 2024. The property has the following tax exemptions: homestead. 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. There are active mortgage liens totaling $420,626 recorded against this property. 550 OCEAN DR 2D, 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 1998 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 84% of the most recent sale price.

Based on the most recent sale, this property traded at $438 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

KELLY PACHECO
550 OCEAN DR 2D, KEY BISCAYNE, FL, 33149
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,266 — $11,554
Flood $400 — $800
Property/Wind $5,866 — $10,754

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 →

Mortgages

ACTIVE
$438,000
~$420,626 bal.
HELP ME MORTGAGE LLC · 2022-11-16
1 satisfied mortgage
SATISFIED 2021-08-23
$400,000
33131 BRICKELL CORP
Est. Total Balance $420,626
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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