Own Key Biscayne

Casa Del Mar

881 Ocean Dr · Built 1971 · 27 floors · 235 residences

6 for sale
For sale
6
1 pending · 18.0 mo supply
Median asking
$2.98M
from $2.4M
Median $/sqft
$1,217/sqft
$1,101/sqft sold, 12 mo
Days on market
19
53 to sell · 4 in 12 mo
Casa Del Mar
Listing photo · courtesy of Fortune Christie's International Real Estate · MLS #A12092791

Casa Del Mar is a waterfront high-rise at 881 Ocean Dr on Key Biscayne, completed in 1971. It has 27 floors and 235 residences, recorded by the Property Appraiser as Casa Del Mar Condo.

The building sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance on federally backed or federally regulated mortgages. It is also in Miami-Dade hurricane evacuation zone A. The lowest street next to the building is 3.2 ft above the highest tide predicted for 2026 at Virginia Key.

On the 2025 tax roll, 22% of units carry a homestead exemption and 53% are owned by a company or trust. The Miami-Dade Clerk recorded 6 resale deeds in the 12 months to October 21, 2026.

Getting around

Key Biscayne is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Crandon ParkBill Baggs Cape Florida State ParkRickenbacker CausewayCrandon Park MarinaKey Biscayne Village GreenMiami Seaquarium
60
/ 100
B
own.miami Score

A data-grounded score for Casa Del Mar from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value5
$1,217/sqft — vs. Key Biscayne condos, then all of Miami
Momentum89
+23.4% $/sqft over 6 months
Liquidity51
18.0 months of supply · 19 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age13
Built 1971 — vs. Key Biscayne buildings
own.miami Condo Index
162Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#110 of 698 tracked Miami condos
Top 16% by price per sq ft
#10 of 45 in Key Biscayne
Momentum
↑ Rising
$1,217/sqft median ask
Liquidity
Balanced
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Casa Del Mar; bars are closings per month.

$687$1059$1431Nov 2023Jul 2024Mar 2025Nov 2025Apr 2026Sep 2026

Location

Nearby buildings within half a mile.

Building facts

Address
881 Ocean Dr
Year built
1971
Floors
27
Residences
235
Waterfront
Yes

Amenities

  • · Pool
  • · Fitness center
  • · Tennis
  • · Barbecue area
  • · 24-hour security
  • · Business center
  • · Meeting room
  • · Party/social room
  • · Sauna
  • · Beach access
  • · Basketball court
  • · Children's playroom
  • · Library
  • · Concierge

Building rules

Parking
The building offers extensive guest parking and assigned covered parking spaces.

Special assessments & recertification outlook

Elevated

Public records checked Oct 31, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 1971 — a recurring structural milestone inspection is due around 2026

Estimated from Casa Del Mar’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Casa Del Mar: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

18Mostly cash
Mortgages recorded, 12 months
3
2 from banks and credit unions · purchases and refinances
Sales bank-financed
0%
8 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 2Private lenders 1

Low confidence — few loans · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Key Biscayne

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft (NGVD29).
Hurricane evacuation zone
Zone A
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
6.4 ft
Lowest nearby street
4.2 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 3.2 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Casa Del Mar cost?+

There are 6 condos for sale at Casa Del Mar, from $2,400,000, with a median asking price of $2,985,000 ($1,217/sqft).

How much are the HOA fees at Casa Del Mar?+

HOA / maintenance fees at Casa Del Mar run around $2,098 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Casa Del Mar a waterfront building?+

Yes — Casa Del Mar is a waterfront building (Key Biscayne).

When was Casa Del Mar built?+

Casa Del Mar was built in 1971, 27 stories, 235 residences.

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