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881 Ocean Drive TH31, Key Biscayne, FL 33149
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0 Days on Market
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How this price compares

List price
$1,495,000
Price per sq ft
$1,435
Vs. nearby sales
40.8% above
Days on market
N/A

This 2-bedroom condo in Casa Del Mar Condo is listed at $1,495,000, or $1,435 per square foot. The 3 most recent condo sales in the closings shown below sold at a median of $1,019 per square foot, so the asking price is 40.8% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,042
Living Sq Ft
1971
Year Built

Estimated monthly payment

$7,857 /mo

Principal and interest only, based on $299,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$1,495,000
Days on Site
0 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,042 sqft
Total Sq Ft
1,042 sqft
Year Built
1971
Property Type
Condo
MLS #
A12104263
Property Tax
$13,402 (2025)
HOA Fees
$3,129 / Quarterly
Subdivision
CASA DEL MAR CONDO
Development
CASA DEL MAR CONDO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Rarely available beachfront townhome at Casa del Mar in Key Biscayne, just steps from the beach and pool. This well-maintained 2-bedroom, 2-bath residence features a two-story layout, newly installed impact sliding glass doors, an in-unit washer and dryer, and 1 assigned parking space. The first-floor living and dining areas open through sliding glass doors to the pool area, garden, and with the beach just a few steps away. Renovations are underway, with planned improvements including new kitchen cabinetry and countertops, updated bathrooms, a coral-stone patio, new interior doors, window shades, and fresh paint. Ideal as a primary residence, beach home, or pied-à-terre, with seasonal rental possibilities. Enjoy direct beach access, swimming pools, tennis courts, a fitness center, BBQ area, children’s playroom, and 24-hour security. Relaxed island living just minutes from parks, shops, and restaurants.

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General Features

Property Type
Condo
Status
Active
Year Built
1971
Property Condition
Resale
Number of Stories
27
Levels
Multi Split
Garage Spaces
1
Parking
Assigned
Living Sq Ft
1,042
Total Sq Ft
1,042

Interior Features

Appliances
Dryer / Dishwasher / Electric Water Heater / Oven / Refrigerator / Washer
Cooling
Central Air / Electric
Heating
Central
Flooring
Other / Vinyl
Interior Features
Living Dining Room / Tub Shower / Upper Level Primary
Windows
Blinds / Sliding

Exterior Features

Construction
CBS Concrete Block Structure / Block
Architectural Style
Split Level
Private Pool
Yes
Pool Features
Private / Association / Heated
Waterfront
Yes
Waterfront Features
Beach Access / Deeded Access / Ocean Front
View
Other / Pool

Community & HOA

HOA Fee
$3,129 / Quarterly
HOA Includes
Trash / Water
Association Amenities
Basketball Court / Elevators / Fitness Center / Other / Playground / Pool / Tennis Courts
Security
Security System / Lobby Secured / Security Guard
Pets Allowed
No
Financing Terms
Cash / Conventional
Restrictions
Other Restrictions / Ok To Lease
MLS Area
2520

This home's HOA fee works out to $1,043 a month, 49% below the $2,053 median across 6 homes for sale in Casa Del Mar Condo. See Casa Del Mar Condo HOA fees

Schools

Elementary School
Key Biscayne K-8
Middle School
Ponce De Leon
High School
Coral Gables
Homes for Sale
6
Median List Price
$3,032,500
Median $/Sq Ft
$1,241
Avg Days on Market
68
View all 6 homes for sale in Casa Del Mar →
How do I schedule a tour of 881 Ocean Drive TH31, Key Biscayne, FL 33149?
Use the Tour button on this listing to request a showing of 881 Ocean Drive TH31, Key Biscayne, FL 33149. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 881 Ocean Drive TH31, Key Biscayne, FL 33149 still available?
881 Ocean Drive TH31, Key Biscayne, FL 33149 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 881 Ocean Drive TH31, Key Biscayne, FL 33149?
With 20% down ($299,000) on the $1,495,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 881 Ocean Drive TH31, Key Biscayne, FL 33149 is about $7,857/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 881 Ocean Drive TH31, Key Biscayne, FL 33149?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 881 Ocean Drive TH31, Key Biscayne, FL 33149. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 881 Ocean Drive TH31, Key Biscayne, FL 33149 have an HOA fee?
Yes: 881 Ocean Drive TH31, Key Biscayne, FL 33149 carries an HOA fee of about $3,129 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 881 Ocean Drive TH31, Key Biscayne, FL 33149?
881 Ocean Drive TH31, Key Biscayne, FL 33149 is zoned for Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 881 Ocean Drive TH31, Key Biscayne, FL 33149?
Often, yes. The right offer on 881 Ocean Drive TH31, Key Biscayne, FL 33149 depends on how it's priced against comparable condo sales in Key Biscayne, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Douglas Elliman

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 11, 2026.

$1,495,000

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Listed by Juan J Velasquez, Douglas Elliman

Recently sold homes in Casa Del Mar Condo

These are the last 3 recorded closings in Casa Del Mar Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,019 per square foot. The most recent closed on September 4, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.

See every recorded sale in Casa Del Mar Condo or find out what your Casa Del Mar Condo home is worth.

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