605 Ocean Dr 2L, Key Biscayne, FL 33149 — MLS photo

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605 Ocean Dr 2L, Key Biscayne, FL 33149

Active · Condominium

$2,199,000

605 Ocean Dr 2L, Key Biscayne, FL 33149

Beds
3
Baths
3
Living area
1,772 sq ft
$ / sq ft
$1,241/sq ft
Year built
1969
Lot size
—
HOA fee
$2,538
Annual tax
—

About this property

The SANDS at Key Biscayne, a beachfront boutique building in paradise. Only 2 units per floor that share the elevator and lobby. This stunning 3 bed / 3 bath spacious remodeled unit has marble floors, plenty of custom closets and hurricane impact windows. The huge balcony is ready for you to relax and entertain. The Sands, is a perfect gated beachfront community that enjoys amazing amenities like huge pool along the beach, BBQ area, gym, beach volleyball court, 24 hour security, storage and 1 assigned parking space and also allows to park a second vehicle. Easy to show…..

Property location

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605 Ocean Dr 2L, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,772 sq ft

Exterior & Structure

Property type
Condominium
Year built
1969

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,538
County
Miami-Dade
MLS listing ID
A11918453
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$9,414

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.3%
Gross yield
5.0%
Mortgage payment
$10,424/mo
Down payment
$549,750
Loan amount
$1,649,250
Annual NOI
$12,130

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.