881 Ocean Dr, #6G, Key Biscayne, FL, 33149 | $1,690,000

Best priced and exquisite apartment for sale in one of Key Biscayne's most coveted condominiums. This property stands out not only for its generous living space of 1875 sqft but also for its exceptional beachfront location and breathtaking views, making it a unique gem in the real estate market. Upon arrival, a semi-private elevator entrance sets the tone for exclusivity and privacy, with only two units per floor. The building boasts a range of amenities, including basketball and tennis courts, a gym, a pool, an event room, and a kids' playroom, all within a gated attended building with 24-hour front desk service. Covered assigned parking and ample guest parking further enhance the luxurious and convenient beachfront living experience offered by this outstanding property.

Features

  • Heating: Electric
  • Cooling: Electric
  • Levels: 27
  • Amenities: Basketball Court,Bike Storage,Clubhouse,Fitness Center,Hobby Room,Playground,Pool,Tennis Court(s),Elevator(s)
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: CASA DEL MAR CONDO
  • Year Built: 1971
  • Common Charge: $4,345 Quarterly
  • Approx Sq. Feet: 1,875
  • Est. Taxes: $17,606
  • View: Ocean,Pool,Water
  • Water Front: Yes
  • Pets Allowed: No
  • Appliances: Dryer,Dishwasher,Electric Range,Disposal,Microwave,Refrigerator
  • MLS#: A11598188
  • Days on Market: 169 days
  • Website: https://www.raveis.com
    /prop/A11598188/881oceandr_keybiscayne_fl?source=qrflyer
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Listing courtesy of Miller Eaton LLC   Phone: 305-908-6466

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888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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860.690.5052

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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881 Ocean Dr, #6G, Key Biscayne, FL, 33149

$1,690,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,352,000 $1,352,000 $1,352,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $1,467 $1,467 $1,467
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,769 $8,657 $11,964
Total Monthly Payment $10,361 $10,249 $13,556

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.