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Waterfront · Condominium
$17,900,000$3,757 / sqft
350 Ocean Dr, Key Biscayne FL 33149
Listed
5
Bedrooms
6
Bathrooms
4,764 sqft
Interior
2014
Year built
$9,270 / mo
HOA
Condominium
Type
About this home
Lower Penthouse 2N at Oceana Key Biscayne presents a rare opportunity to own a meticulously curated, fully remodeled sky residence in one of South Florida’s most exclusive boutique oceanfront communities. Spanning nearly 6,000 SF of total living area including interior + expansive terraces, this exceptional flowthrough home showcases breathtaking ocean, beach, bay, skyline, and Miami Beach views while capturing both spectacular sunrises and sunsets. Thoughtfully reimagined with exceptional attention to detail, the residence blends sophisticated design with effortless functionality. Soaring 11-ft ceilings, rich custom millwork and designer wall coverings, integrated architectural lighting, built-in audio, Crestron smart home automation, custom built-ins, and bespoke finishes throughout create an atmosphere of understated luxury. Designed for both intimate living and grand entertaining, the home features a private elevator foyer, hidden custom bar, elegant formal and informal living spaces, 4 spacious en-suite bedrooms, 5.5 bathrooms, laundry/staff quarters, & an exceptional sense of privacy throughout. Residents enjoy Oceana’s unmatched white-glove service and world-class amenities, including over 500 feet of pristine beachfront, resort-style pools, fitness center and spa, resident-favorite restaurant, tennis court, beach volleyball, and beautifully curated grounds. A truly extraordinary offering for the most discerning buyer. Includes 4 assigned parking spaces & 1 storage.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Elevator
- Entrance Foyer
- Volume Ceilings
- Maid/In-Law Quarters
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals across Miami-Dade, from 21 active listings; the middle half ask $24,000–$45,000.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.