881 Ocean Dr 20A, Key Biscayne, FL 33149 — MLS photo

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881 Ocean Dr 20A, Key Biscayne, FL 33149

Active · Condominium

$3,600,000

881 Ocean Dr 20A, Key Biscayne, FL 33149

Beds
3
Baths
3
Living area
3,120 sq ft
$ / sq ft
$1,154/sq ft
Year built
1971
Lot size
—
HOA fee
$7,822
Annual tax
—

About this property

Step into luxury with this spectacular water front 3-bedroom, 3-bath residence boasting 3,120 sq ft of elegant living space. Perfectly situated in the heart of Key Biscayne. This home offers panoramic bay views and resort like beach access creating the ultimate coastal lifestyle. Expansive open floor plan with abundant natural light, floor to ceiling windows and wrap around balconies. Gourmet kitchen with premium appliances and elegant bathrooms. This unit offers luxury, comfort and excellent location perfect for those looking for serene retreat with the conveniences of island living minutes from exciting urban Miami.

Property location

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881 Ocean Dr 20A, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
3,120 sq ft

Exterior & Structure

Property type
Condominium
Year built
1971

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$7,822
County
Miami-Dade
MLS listing ID
A11932240
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

-$18,723

Cap rate
-0.6%
Net yield
-0.6%
Cash-on-cash return
-22.3%
Gross yield
5.2%
Mortgage payment
$17,066/mo
Down payment
$900,000
Loan amount
$2,700,000
Annual NOI
-$19,891

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