550 Ocean Dr #5F
Key Biscayne, FL 33149
- 2 Beds
- 2 Baths
- 1,325 sqft
2 Beds
2 Baths
1,325 sqft
Local Information
-- mins to
Home Highlights
Property Type
Condo
Year Built
1969
Living Area
1,325 sqft
Price/Sqft
$585
About this House
Fully renovated Two Bed/Two Bath across the street from Beach! Unit features an open floor plan with 1325 Sq Ft plus converted balcony for extra living space. Travertine tile throughout, along with floor to ceiling impact windows & new hurricane shutters and plantation shutters in both bedrooms. Spacious closet space throughout, including 2 large walk-ins in the master bedroom. Extremely well-maintained building with one of the lowest HOAs for a 2/2 on the Key. Building has passed its 40-year inspection & has NO special assessments. Unit comes with 1 parking space, storage unit, bike storage, party room, pool & large BBQ area. Private beach access adjacent to building. Conveniently located next to the Ritz, KB Beach Club & within walking distance to restaurants, schools, park and stores.
550 Ocean Dr #5F, Key Biscayne, FL 33149 is a 2 bedroom, 2 bathroom, 1,325 sqft condo built in 1969. It last sold for $540,000 on Jun 22, 2020. It is currently off market. The Trulia Estimate is $775,000, with a rent estimate of $5,196/month.
Home Details for 550 Ocean Dr #5F
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Appliances & Utilities DishwasherMicrowave |
Levels, Entrance, & Accessibility Floors: Tile |
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Year Built Year Built: 1969Year Updated: 1969 |
Property Type / Style Property Type: CondoArchitecture: Other |
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Pool Pool |
Price History for 550 Ocean Dr #5F
| Date | Price | Event | Source |
|---|---|---|---|
| 06/22/2020 | $540,000 | Sold | MIAMI #A10818520 |
| 06/05/2020 | $549,000 | Pending | Agent Provided |
| 04/28/2020 | $549,000 | PriceChange | Agent Provided |
| 02/18/2020 | $599,000 | Listed For Sale | Agent Provided |
| 09/12/2016 | $570,000 | Sold | N/A |
| 06/21/2016 | $610,000 | Listed For Sale | Agent Provided |
| 12/03/2001 | $278,000 | Sold | N/A |
| 04/05/1999 | $190,000 | Sold | N/A |
| 12/31/1996 | $172,500 | Sold | N/A |
Market trends in Key Biscayne
Last updated June 2026
Avg. sale price
$1.58M
$113KMoM
Sale-to-List Price
—
Price per sq ft
$945
$37MoM
Available listings
159
9MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,012 |
| Assessment | $581,730 |
Home facts updated by county records
Comparable Sales for 550 Ocean Dr #5F
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Condo | $775,000 | 03/02/26 | 2 | 2 | 1,325 | |
0.00 | Condo | $825,000 | 04/30/26 | 2 | 2 | 1,325 | |
0.11 | Condo | $705,000 | 10/17/25 | 2 | 2 | 1,400 | |
0.15 | Condo | $520,000 | 03/30/26 | 2 | 2 | 1,109 | |
0.17 | Condo | $535,000 | 02/05/26 | 2 | 2 | 1,100 | |
0.09 | Condo | $720,000 | 04/22/26 | 2 | 2 | 1,036 | |
0.20 | Condo | $535,000 | 02/03/26 | 2 | 2 | 1,109 | |
0.15 | Condo | $400,000 | 10/24/25 | 2 | 2 | 1,109 | |
0.23 | Condo | $720,000 | 03/31/26 | 2 | 2 | 1,311 | |
0.23 | Condo | $789,000 | 07/13/26 | 2 | 2 | 1,311 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 550 Ocean Dr #5F.
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
85 % Say people would walk alone at night
85 % 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.
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