550 OCEAN DR 3E, Key Biscayne, FL 33149

550 OCEAN DR 3E, 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 JAMES BENJAMIN WOLFSON MARIA ANDREA ESPINAL SOSA, 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 2025-05-12 for $750,000. There are 4 recorded sales for this property. The 2025 assessed value is $477,525 with a market value of $575,514.

The assessed value increased 3% from $464,068 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 $593,421 recorded against this property. 550 OCEAN DR 3E, 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 2025, with 4 recorded transactions in the public record. The current assessed value represents 64% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $566 per square foot — a key metric for comparing value across Key Biscayne's real estate market..