550 OCEAN DR 8C, Key Biscayne, FL 33149

Parcel: 2452050310510 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$504,647

Property Details

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

Sales History

1
$100non-market transfer
2009-01-16
PETER S DIAMONDPETER S DIAMOND TRS &
2
$100non-market transfer
2010-03-31
VINCENT JEAN-BAPTISTE ASTOULPETER S DIAMOND
3
$530,000
2021-04-06
PETER S DIAMOND TRS &MANUEL CAMBO

Tax Assessment History

$504,647
Assessed (2025)
$590,987
Market Value
$453,925
Taxable Value
$9,242
Annual Tax
2024
$490,425
$552,324
2025
$504,647
$590,987
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $504,647 $590,987 $453,925 $9,242
2024 $490,425 $552,324 $440,425 $8,967

About 550 OCEAN DR 8C, Key Biscayne, FL 33149

550 OCEAN DR 8C, 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 MANUEL CAMBO, 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 2021-04-06 for $530,000, when PETER S DIAMOND TRS & sold to MANUEL CAMBO. The property has appreciated $529,900 (529900%) since the prior sale of $100 on 2010-03-31. There are 3 recorded sales for this property.

The 2025 assessed value is $504,647 with a market value of $590,987. The assessed value increased 3% from $490,425 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 $189,962 recorded against this property.

550 OCEAN DR 8C, 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 2009 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 95% of the most recent sale price. Based on the most recent sale, this property traded at $400 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

MANUEL CAMBO
550 OCEAN DR UNIT 8C, KEY BISCAYNE, FL, 33149
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,455 — $11,902
Flood $400 — $800
Property/Wind $6,055 — $11,102

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
$203,430
~$189,962 bal.
HOMETAP EQUITY PARTNERS LLC · 2025-07-01
Est. Total Balance $189,962
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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