550 Ocean Dr #5D, Key Biscayne, FL 33149
Property image
Property image
OFF MARKET

$882,500

Trulia Estimate
as of Sep 3, 2026
  • 4 Beds
  • 2 Baths
  • 1,550 sqft
  • 4 Beds
  • 2 Baths
  • 1,550 sqft

550 Ocean Dr #5D, Key Biscayne, FL 33149

Home Highlights

Property Type
Apartment
Living Area
1,550 sqft
Price/Sqft
$569

Local Information

  • Map ViewExplore the area around 550 Ocean Dr #5D.
  • Schools2 Preschool Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Stunning fully remodeled 3BR/2BA + den (4th bedroom) and office, located within walking distance to the beach. Enjoy abundant natural light, modern upgrades throughout, and two parking spaces. A perfect blend of space, style, and location.

Stunning fully remodeled 3BR/2BA + den (4th bedroom) and office, located within walking distance to the beach. Enjoy abundant natural light, modern upgrades throughout, and two parking spaces. A perfect blend of space, style, and location.
550 Ocean Dr #5D, Key Biscayne, FL 33149 is a 4 bedroom, 2 bathroom, 1,550 sqft apartment. It last sold for $550,000 on Jan 31, 2022 (7,768% above the $6,990 asking price). More recently, it was listed as a rental in May 2026 with an asking price of $7,150 per month. That rental listing was removed on June 29, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $882,500, with a rent estimate of $7,161/month.

Home Details for 550 Ocean Dr #5D

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherMicrowaveRefrigerator
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Pool
Pool
Parking & Garage
Parking: Off Street Parking, On Site

Additional Information

Pool

Comparable Sales for 550 Ocean Dr #5D

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
260 Sunrise Dr, Key biscayne, FL
0.12
Apartment
$705,000
10/21/25
2
2
1,250 sqft
713 Crandon Blvd #304, Key Biscayne, FL
0.20
Apartment
$410,800
03/31/26
2
2
1,450 sqft
200 Galen Dr #201, Key Biscayne, FL
0.18
Apartment
$525,000
01/14/26
2
2
925 sqft
881 Ocean Dr #23F, Key Biscayne, FL
0.38
Apartment
$1,975,000
11/26/25
3
2
1,875 sqft
881 Ocean Dr #7G, Key Biscayne, FL
0.38
Apartment
$1,500,000
05/20/26
2
2
1,875 sqft
200 Galen Dr #308, Key Biscayne, FL
0.18
Apartment
$480,000
03/11/26
1
1
690 sqft
350 Ocean Dr #305N, Key Biscayne, FL
0.28
Apartment
$3,000,000
05/14/26
2
4
1,542 sqft
781 Crandon Blvd #506, Key Biscayne, FL
0.17
Apartment
$4,500,000
01/23/26
3
5
2,780 sqft
785 Crandon Blvd #1404, Key Biscayne, FL
0.22
Apartment
$4,000,000
10/06/25
3
4.5
2,500 sqft
2451 Brickell Ave #18A, Miami, FL
4.88
Apartment
$700,000
01/23/26
2
2
1,012 sqft
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Key Biscayne

Last updated Sep 2026
Trulia Rent Estimate$7,161/mo
Average rent
$8.5K
$645MoM
Available listings
184
View rental market trends in Key Biscayne, FL

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Key Biscayne

At least 116 Trulia users voted on each feature.

  • 94 % Say it's walkable to grocery stores

  • 94 % Say kids play outside

  • 90 % Say it's dog friendly

  • 90 % Say it's walkable to restaurants

  • 86 % Say people would walk alone at night

  • 86 % Say there are sidewalks

  • 79 % Say it's quiet

  • 79 % Say there's holiday spirit

  • 76 % Say they plan to stay for at least 5 years

  • 68 % Say parking is easy

  • 67 % Say streets are well-lit

  • 60 % Say there are community events

  • 58 % Say neighbors are friendly

  • 54 % Say yards are well-kept

  • 52 % Say there's wildlife

  • 50 % Say car is needed

Sourced by Trulia users. Learn more about our methodology.
  • Othoniel Marlieri
    "Key Biscayne os a perfect place to leave, but need more attention about basic things like a Super Market and safe environment. "
    0
    Flag
  • Mariafedc
    "There are lots of places that are dog friendly. There’s a dog park. Many dog owners live in the area. "
    0
    Flag
  • Lladom
    "Very safe and friendly community. Excellent for growing up kids. Traffic is the downside. Best town in South Florida by large."
    0
    Flag
  • Ericazc
    "Christmas, 4th of July, and many other beautiful family events happens in the island. Great place for the kids. "
    1
    Flag
  • Deborah B.
    "Have been spending winters here for 53 years. Love the family focus, beautiful beaches and public amenities. Thoughtful services like free Freebee pick ups and transportation to shopping make the Key accessible for teens to seniors. "
    0
    Flag
  • Mati P.
    "Its beautiful, peaceful and safe. I feel great living here. It’s lush, people are friendly, and respectful. It’s a great place to raise a family. The community is very pretty, Gardenia are manicured. There’s beautiful beaches and gorgeous homes. The school is pretty good as well. "
    2
    Flag
  • Ayishamartins
    "Some places do not allow dogs but there is a dog park weather like a bunch of dogs and mostly it’s pretty nice"
    1
    Flag
  • Mati P.
    "This is a safe neighborhood, kids walk by themselves all the time. It makes me feel safe to life here. "
    1
    Flag
  • Luis D.
    "Halloween’s decoration and fully of events in that day. Many sports in Village green. The community center has many events for all the family "
    0
    Flag
  • Adrian.grottola
    "Very friendly for pets (dogs) with great special spaces for them and many dog walkers in the island."
    0
    Flag
  • Mathew P.
    "The unity and the sense of community. The safety and sense of family oriented households that attribute to a beautiful place to live. "
    0
    Flag
  • Ivan M.
    "Save and quite perfect place for a family. There are as a public transportation electric’s cars around the island. "
    1
    Flag
  • Mayra
    "Great neighborhood! They celebrate Halloween, Christmas, Easter and much more! A lot of activities and sports for kids"
    0
    Flag
  • Efrao
    "Great place to live and I don’t commute everything is close by and i walk to work. Public transportation is great "
    0
    Flag
  • Kikisammataro
    "Halloween is a big event. Saturday has a farmers market. Kids are safe. Many schools and parks. Including dog park. "
    0
    Flag
  • Mayra
    "This is a very safe family neighborhood. Kids run freely and there’s a lot of activities for them. The school is great but the classrooms have more students than it should."
    0
    Flag
  • Ljsklein
    "My building is dog friendly. It seems like most of the people have dogs and love to walk them. We all clean up after our dogs. There’s poop bags in containers around the building with a place to dispose of them. There is also a dog park on the Key. "
    0
    Flag
  • Maria
    "I don’t have dogs. There’s a very nice dog park right next to the green field. Dogs are not allowed in the field, that is why they have their dog park, but the many owners don’t follow the rules which is very annoying. Most of all when you get the smell when exercising...."
    0
    Flag
  • Fabio
    "Great Place to leave. Good people, privacy, no crime. Walkable area, beach access, wide kind of services. Thanks "
    0
    Flag
  • Dani.montenegro
    "I can’t give my opinion because I don’t have dogs, cat or any other pet. And there are many dog owners in KB but most of them are not very respectful with people who don’t. "
    0
    Flag
  • Dcas
    "Great area for kids and young families. Very safe neighborhood and extremely easy to walk or ride a bike anywhere "
    0
    Flag
  • Kiragrossman
    "They would absolutely love the dog park. There are two sides for bigger dogs and smaller dogs. Everyone is very friendly "
    0
    Flag
  • Kiragrossman
    "This is a Great place to live. The neighborhoods are safe and it’s a great location. Great for children. Good restaurants shops"
    0
    Flag
  • Sandra S.
    "I love this neighborhood, I have everything I need is quiet and safe, walk to most places and has two state parks"
    1
    Flag
  • Kimbokak
    "Friendly, kind neighbors, close to everything, and safe. You can do pretty much everything on the island, but it is more expensive."
    1
    Flag
  • Garandrew
    "I am visiting for vacations and love this place. Nice neighborhood and friendly people. Very likely I will recommend it to my friends and family. "
    0
    Flag
  • Thengea
    "If you don't have to commute out of the island it's wonderful. Otherwise, every event causes so much traffic. Living on an island is a blessing but the peoole really don't say hello or even make eye contact at the stores or parks :/"
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jun 29, 2026
Source: Zillow Rentals
ListingRemoved
$6,990
Jun 9, 2026
Source: Zillow Rentals
PriceChange
$6,990
Price decreased by 2%
May 29, 2026
Source: Zillow Rentals
Listed For Rent
$7,150
Jan 31, 2022
Source: N/A
Sold
$550,000
Nov 13, 1997
Source: N/A
Sold
$181,000

Frequently asked questions about 550 Ocean Dr #5D

  • What is 550 Ocean Dr #5D estimated to be worth?
    Trulia's estimated value for 550 Ocean Dr #5D in Key Biscayne, FL is $882,500.
  • What is the price history for 550 Ocean Dr #5D?
    550 Ocean Dr #5D in Key Biscayne, FL last sold for $550,000 in January 2022.
  • Is Key Biscayne a buyer's or seller's market?
    Key Biscayne is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Key Biscayne?
    The median sale price in Key Biscayne is $1.56M. That is down $26.67K from the prior month.
  • Does 550 Ocean Dr #5D have air conditioning?
    Yes, 550 Ocean Dr #5D in Key Biscayne, FL has air conditioning.
  • Does 550 Ocean Dr #5D have a pool?
    Yes, 550 Ocean Dr #5D in Key Biscayne, FL has a pool.

Homes for rent near 550 Ocean Dr #5D

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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