Own Key Biscayne

Indies

195 Sunrise Dr · Built 1965 · 5 floors · 10 residences

2 for sale
For sale
2
0 pending
Median asking
$657K
from $519K
Median $/sqft
$656/sqft
Days on market
179
0 sold in 12 months
Indies
Listing photo · courtesy of Coldwell Banker Realty · MLS #A12081910

Indies is a boutique building located on Sunrise Drive on the island of Key Biscayne. The property is situated in a location that provides proximity to local restaurants, shops, and grocery stores.

The building features a pool and common areas, with a secured lobby and shared laundry rooms located on each floor. The property is situated near a private beach with showers and restrooms.

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
51
/ 100
B−
own.miami Score

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

Value50
$656/sqft — vs. Key Biscayne condos, then all of Miami
Momentum50
Recent price trend
Liquidity11
179 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront55
Not waterfront
Age4
Built 1965 — vs. Key Biscayne buildings
own.miami Condo Index
115Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#264 of 698 tracked Miami condos
Top 38% by price per sq ft
#39 of 45 in Key Biscayne
Momentum
→ Steady
$656/sqft median ask
Liquidity
Slow
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Indies; bars are closings per month.

$469$608$748Oct 2023Dec 2024Mar 2025Jun 2025Sep 2026

Location

Nearby buildings within half a mile.

Building facts

Address
195 Sunrise Dr
Year built
1965
Floors
5
Residences
10
Developer
Indies Properties INC
Waterfront
No

Amenities

  • · Pool
  • · Laundry
  • · Secured lobby

Building rules

Parking
The building offers assigned parking spaces, with some units featuring multiple covered spaces.

Special assessments & recertification outlook

Elevated

Public records checked Oct 30, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 1965 — past its first structural milestone; next inspection around 2030

Estimated from Indies’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 Indies: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

29Mostly cash
Mortgages recorded, 12 months
1
1 from banks and credit unions · purchases and refinances
Sales bank-financed
—
0 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 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: 9.0 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
4.2 ft
Lowest nearby street
2.8 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.8 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 Indies cost?+

There are 2 condos for sale at Indies, from $519,000, with a median asking price of $656,500 ($656/sqft).

How much are the HOA fees at Indies?+

HOA / maintenance fees at Indies run around $1,196 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.

When was Indies built?+

Indies was built in 1965, 5 stories, 10 residences.

Who developed Indies?+

Indies was developed by Indies Properties INC.

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