350 Ocean Dr LPH2N, Key Biscayne, FL 33149 — MLS photo

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350 Ocean Dr LPH2N, Key Biscayne, FL 33149

Active · Condominium

$17,900,000

350 Ocean Dr LPH2N, Key Biscayne, FL 33149

Beds
5
Baths
6
Living area
4,764 sq ft
$ / sq ft
$3,757/sq ft
Year built
2014
Lot size
—
HOA fee
$9,270
Annual tax
—

About this property

Lower Penthouse 2N at Oceana Key Biscayne presents a rare opportunity to own a meticulously curated, fully remodeled sky residence in one of South Florida’s most exclusive boutique oceanfront communities. Spanning nearly 6,000 SF of total living area including interior + expansive terraces, this exceptional flowthrough home showcases breathtaking ocean, beach, bay, skyline, and Miami Beach views while capturing both spectacular sunrises and sunsets. Thoughtfully reimagined with exceptional attention to detail, the residence blends sophisticated design with effortless functionality. Soaring 11-ft ceilings, rich custom millwork and designer wall coverings, integrated architectural lighting, built-in audio, Crestron smart home automation, custom built-ins, and bespoke finishes throughout create an atmosphere of understated luxury. Designed for both intimate living and grand entertaining, the home features a private elevator foyer, hidden custom bar, elegant formal and informal living spaces, 4 spacious en-suite bedrooms, 5.5 bathrooms, laundry/staff quarters, & an exceptional sense of privacy throughout. Residents enjoy Oceana’s unmatched white-glove service and world-class amenities, including over 500 feet of pristine beachfront, resort-style pools, fitness center and spa, resident-favorite restaurant, tennis court, beach volleyball, and beautifully curated grounds. A truly extraordinary offering for the most discerning buyer. Includes 4 assigned parking spaces & 1 storage.

Property location

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350 Ocean Dr LPH2N, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
5
Bathrooms
6
Living area
4,764 sq ft

Exterior & Structure

Property type
Condominium
Year built
2014

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$9,270
County
Miami-Dade
MLS listing ID
A12027002
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

-$80,888

Cap rate
0.3%
Net yield
0.3%
Cash-on-cash return
-19.4%
Gross yield
3.9%
Mortgage payment
$84,855/mo
Down payment
$4,475,000
Loan amount
$13,425,000
Annual NOI
$47,600

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