550 OCEAN DR 2F, Key Biscayne, FL 33149

Parcel: 2452050310060 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$558,083

Property Details

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

Sales History

1
$318,000
2010-09-28
PATRICIA E FOSTERCHEN SONIA FONG
2
$100non-market transfer
2013-11-04
CHEN SONIA FONGCHEN S FONG
3
$455,000
2019-11-24
CHEN S FONGJACQUELINE GONZALEZ

Tax Assessment History

$558,083
Assessed (2025)
$572,475
Market Value
$558,083
Taxable Value
$11,362
Annual Tax
2024
$507,349
$535,023
2025
$558,083
$572,475
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $558,083 $572,475 $558,083 $11,362
2024 $507,349 $535,023 $507,349 $10,329

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

550 OCEAN DR 2F, 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 JACQUELINE GONZALEZ, 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 2019-11-24 for $455,000, when CHEN S FONG sold to JACQUELINE GONZALEZ. The property has appreciated $454,900 (454900%) since the prior sale of $100 on 2013-11-04. There are 3 recorded sales for this property.

The 2025 assessed value is $558,083 with a market value of $572,475. The assessed value increased 10% from $507,349 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. 550 OCEAN DR 2F, 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 2019, with 3 recorded transactions in the public record. The current assessed value represents 123% 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 $343 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

JACQUELINE GONZALEZ
550 OCEAN DR 2F, KEY BISCAYNE, FL, 33149
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$7,096 — $13,077
Flood $400 — $800
Property/Wind $6,696 — $12,277

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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