350 Ocean Dr 701N, Key Biscayne, FL 33149 — MLS photo

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350 Ocean Dr 701N, Key Biscayne, FL 33149

Active · Condominium

$11,495,000

350 Ocean Dr 701N, Key Biscayne, FL 33149

Beds
4
Baths
6
Living area
3,787 sq ft
$ / sq ft
$3,035/sq ft
Year built
2014
Lot size
—
HOA fee
—
Annual tax
$86,130

About this property

Extensively renovated and move-in ready 4-bedroom, 5.5-bath corner beachfront residence at Oceana Key Biscayne, offering refined architecture, thoughtful detailing, and seamless indoor-outdoor living. Floor-to-ceiling glass fills the home with natural light and frames ocean, bay, and village views enjoyed from every room and the wrap-around terraces. Architectural elements include shadow reveal wall details, layered architectural lighting and Res Italia custom doors. Custom millwork is carried throughout, with Giellesse Italian closet systems and shelving as well as Casabath Italian bathroom cabinetry. The primary suite offers sweeping ocean views, a spa-like bath with soaking tub overlooking the ocean, and two full primary bathrooms with walk-in showers. Three additional bedrooms enjoy beautiful and completely private views overlooking Biscayne Bay and the Village of Key Biscayne. The kitchen features Binova Italian cabinetry, Miele appliances, an oversized waterfall island, and a separate walk-in pantry with wine storage. The home is equipped with Savant and Lutron smart home systems with automated lighting, climate control, audio/video and blinds on every door and window. Unit has 4 parking spaces and 2 storage units. Oceana Key Biscayne provides world-class amenities including 24-hour concierge, beachfront fitness center and spa, 500ft of beach, oceanfront restaurant, tennis court, putting green, media room/cinema, valet, golf cart parking, and more.

Property location

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350 Ocean Dr 701N, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
4
Bathrooms
6
Living area
3,787 sq ft
Flooring
Porcelain Tile
Appliances
Built In Oven, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
Cooling
Electric
Heating
Electric
Interior features
Built In Features, Bedroom On Main Level, Bathtub, Closet Cabinetry, Entrance Foyer, Eat In Kitchen, Kitchen Island, Living Dining Room, Main Living Area Entry Level, Pantry, Sitting Area In Primary, Separate Shower, Walk In Closets, Elevator, Bar
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
2014
Stories
14
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors, Tennis Courts
Pool
Association, Heated
Waterfront
Ocean Front
View
Bay, Ocean, Skyline

Parking

Garage spaces
4
Covered spaces
4
Parking features
Assigned, Attached, Covered, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$0 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Insurance, Maintenance Grounds, Parking, Pools, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Bike Storage, Community Kitchen, Fitness Center, Playground, Pool, Sauna, Spa Hot Tub, Tennis Courts, Elevators
Security
Complex Fenced, Door Man, Elevator Secured, Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$86,130
Subdivision
OCEANA KEY BISCAYNE CONDO
County
Miami-Dade
Days on market
202
MLS listing ID
A11958326
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

-$33,790

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.6%
Gross yield
4.0%
Mortgage payment
$54,492/mo
Down payment
$2,873,750
Loan amount
$8,621,250
Annual NOI
$248,427

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