Sands of Key Biscayne
605 Ocean Dr · Built 1969 · 11 floors · 20 residences
Sands of Key Biscayne is a waterfront condominium at 605 Ocean Dr on Key Biscayne, built in 1969 and rising 11 floors. It was developed by Miami Developments and has 20 residences. The Property Appraiser records it as Sands of Key Biscayne 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 for a federally backed or federally regulated mortgage. It is also in Miami-Dade hurricane evacuation zone A. The lowest street next to the building is 2 ft above the highest tide predicted for 2026 at Virginia Key.
Financeability is in the cash tier, with an index of 24 of 100: recent purchases here were mostly paid in cash, going by recorded deeds and mortgages. The Miami-Dade Clerk recorded 4 resale deeds in the 12 months to October 21, 2026. A public records check last run October 23, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher.
Getting around
Key Biscayne is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
A data-grounded score for Sands of Key Biscayne from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
Sold $/sqft trend
3-month rolling median of closed sales in Sands of Key Biscayne; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 605 Ocean Dr
- Year built
- 1969
- Floors
- 11
- Residences
- 20
- Developer
- Miami Developments
- Waterfront
- Yes
Amenities
- · Pool
- · Beach access
- · Party room
- · Bike storage
- · Beach volleyball
- · Beach tennis
- · 24-hour security
Building rules
- Parking
- The building offers assigned parking, with some units including one assigned space and the option to park a second vehicle.
Special assessments & recertification outlook
ElevatedPublic records checked Oct 31, 2026: no liens, lawsuits or regulatory complaints found for the association.
- Built 1969 — past its first structural milestone; next inspection around 2034
Estimated from Sands of Key Biscayne’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 Sands of Key Biscayne: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 1
- 1 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 20%
- 5 recorded sales, 12 months · Resales only
- Average down payment
- 47.1%
- Lowest down payment accepted
- 31.7%
Medium confidence · 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
- 5.4 ft
- Lowest nearby street
- 3.0 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 2.0 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.
Frequently asked
How much do condos at Sands of Key Biscayne cost?+
There are 1 condos for sale at Sands of Key Biscayne, from $2,199,000, with a median asking price of $2,199,000 ($1,241/sqft).
How much are the HOA fees at Sands of Key Biscayne?+
HOA / maintenance fees at Sands of Key Biscayne run around $2,538 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 Sands of Key Biscayne a waterfront building?+
Yes — Sands of Key Biscayne is a waterfront building (Key Biscayne).
When was Sands of Key Biscayne built?+
Sands of Key Biscayne was built in 1969, 11 stories, 20 residences.
Who developed Sands of Key Biscayne?+
Sands of Key Biscayne was developed by Miami Developments.
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