550 OCEAN DR 3D, Key Biscayne, FL 33149

550 OCEAN DR 3D, 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 ALBERTO LUIS DE ARMAS CHRISTINA PEREZ DE ARMAS, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2013-04-15 for $450,000, when RAUL BLANCO sold to ALBERTO LUIS DE ARMAS. The property has appreciated $122,500 (37%) since the prior sale of $327,500 on 2003-06-12. There are 3 recorded sales for this property.

The 2025 assessed value is $561,047 with a market value of $575,514. The assessed value increased 10% from $510,043 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 3D, 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 1999 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 125% 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 $340 per square foot — a key metric for comparing value across Key Biscayne's real estate market..