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Active
Waterfront · Condominium
$2,600,000$1,467 / sqft

605 Ocean Dr # 7L, Key Biscayne FL 33149

3
Bedrooms
3
Bathrooms
1,772 sqft
Interior
1969
Year built
$2,565 / mo
HOA
Condominium
Type

About this home

Experience elevated coastal living at The Sands of Key Biscayne. This 3-bedroom, 3-bath residence offers 1,772 SF of well-appointed interiors and a spacious balcony designed to capture breathtaking ocean views from both the living room and kitchen. The layout blends comfort and functionality, ideal for both everyday living and entertaining. The Sands is an exclusive, low-density building with only 120 residences, offering just two units per floor and private foyer entry for enhanced privacy. Residents enjoy a tranquil, resort-style setting with direct beach access, lush landscaping, and premier amenities. A rare opportunity to own in one of Key Biscayne’s most private and sought-after oceanfront communities.

Features

  • Interior Hall
  • Lobby
  • Closet Cabinetry
  • Fire Sprinklers
  • Entrance Foyer
  • Open Balcony
  • Garden View
  • Ocean View
  • Pool Area View

Estimated loan & HOA

$15,712

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

Principal & interest
$13,147
HOA
$2,565 / 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
Cervera Real Estate Inc.

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.