550 Ocean Dr #7E
Key Biscayne, FL 33149
- 2 Beds
- 2 Baths
- 1,325 sqft
2 Beds
2 Baths
1,325 sqft
Home Value
Trulia Estimate
$840KSince last month
Decreased$12K (-1.4%)Since last year
Increased$20K (+2.5%)Since last sale
Increased$248K (+42.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +44% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $833K |
| July 2026 | $824K |
| June 2026 | $845K |
| May 2026 | $854K |
| April 2026 | $811K |
| March 2026 | $830K |
| February 2026 | $826K |
| January 2026 | $823K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
0.00 | Condo | $830,000 | 07/27/26 | 2 | 2 | 1,505 | |
0.11 | Condo | $705,000 | 10/17/25 | 2 | 2 | 1,400 | |
0.09 | Condo | $720,000 | 04/22/26 | 2 | 2 | 1,036 | |
0.15 | Condo | $520,000 | 03/30/26 | 2 | 2 | 1,109 | |
0.17 | Condo | $535,000 | 02/05/26 | 2 | 2 | 1,100 | |
0.20 | Condo | $535,000 | 02/03/26 | 2 | 2 | 1,109 | |
0.23 | Condo | $720,000 | 03/31/26 | 2 | 2 | 1,311 | |
0.15 | Condo | $400,000 | 10/24/25 | 2 | 2 | 1,109 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $689,000 | Studio | 1 | 376 | Off Market | |
0.06 | $629,300 | Studio | 1 | 354 | Off Market | |
0.06 | $704,200 | Studio | 1 | 532 | Off Market | |
0.06 | $1,075,000 | Studio | 1 | 532 | Recently Sold | |
0.06 | $1,088,000 | Studio | 1 | 532 | For Sale | |
0.06 | $1,605,000 | 1 | 1 | 791 | Recently Sold | |
0.06 | $950,000 | Studio | 1 | 378 | Recently Sold | |
0.06 | $672,900 | Studio | 1 | 376 | Off Market | |
0.06 | $655,200 | Studio | 1 | 354 | Off Market | |
0.06 | $633,500 | Studio | 1 | 354 | Off Market | |
0.06 | $636,300 | Studio | 1 | 448 | Off Market | |
0.06 | $798,400 | Studio | 1 | 448 | Off Market |
Local Information
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Home Highlights
Property Type
Condo
Year Built
1969
Living Area
1,325 sqft
Price/Sqft
$634
About this House
BEAUTIFUL 2 BED 2 BATHS WITH HUGE BALCONY STEPS FROM BEACH RENT ANNUAL ONLY NO PETS HUGE APARTMENT NICE VIEW Brokered And Advertised By: Fortune International Realty Listing Agent: Perla Lluy
550 Ocean Dr #7E, Key Biscayne, FL 33149 is a 2 bedroom, 2 bathroom, 1,325 sqft condo built in 1969. It last sold for $585,000 on Oct 20, 2005. More recently, it was listed as a rental in December 2010 with an asking price of $3,000 per month. That rental listing was removed on August 26, 2012. It is currently off market. The Trulia Estimate is $839,600, with a rent estimate of $5,323/month.
Home Details for 550 Ocean Dr #7E
|
|---|
Year Built Year Built: 1969Year Updated: 1969 |
Property Type / Style Property Type: Condo |
|
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Units in Building: 1 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 26, 2012 Source: Agent Provided | ListingRemoved | $3,000 |
Jul 9, 2012 Source: Agent Provided | PriceChange | $3,000 Price increased by 3% |
Jan 13, 2012 Source: Agent Provided | PriceChange | $2,900 Price decreased by 3% |
Dec 4, 2010 Source: Agent Provided | Listed For Rent | $3,000 |
Oct 20, 2005 Source: N/A | Sold | $585,000 |
Dec 23, 1998 Source: N/A | Sold | $201,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $9,107 | $587,948 |
Home facts updated by county records
Market trends in Key Biscayne
Last updated July 2026
Avg. sale price
$1.56M
$26.67KMoM
Sale-to-List Price
94.6%
Price per sq ft
$981
$37MoM
Available listings
144
15MoM
Around this home
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.
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Apartments for Rent
Homes for sale near 550 Ocean Dr #7E
Off Market Homes Near 550 Ocean Dr #7E
Frequently asked questions about 550 Ocean Dr #7E
- What is 550 Ocean Dr #7E estimated to be worth?Trulia's estimated value for 550 Ocean Dr #7E in Key Biscayne, FL is $839,600.
- What is the price history for 550 Ocean Dr #7E?550 Ocean Dr #7E in Key Biscayne, FL last sold for $585,000 in October 2005.
- 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.