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Waterfront · Condominium
$2,350,000$1,253 / sqft

881 Ocean Dr # 7D, Key Biscayne FL 33149

3
Bedrooms
2
Bathrooms
1,875 sqft
Interior
1971
Year built
$1,733 / mo
HOA
Condominium
Type

About this home

Beautifully remodeled oceanfront residence at Casa del Mar in Key Biscayne, offering bright open interiors, expansive ocean views, and a sophisticated coastal lifestyle. This elegant unit features a modern open-concept living area, sleek kitchen design, abundant natural light, and direct access to the privacy and amenities of one of Key Biscayne’s most desirable beachfront buildings. A pleasure to show.

Features

  • First Floor Entry
  • Elevator
  • Open Balcony
  • Tennis Court(s)
  • Bay
  • Ocean View

Estimated loan & HOA

$13,616

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$11,883
HOA
$1,733 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
BHHS EWM Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.