Ocean Village
Condos for Sale in Key Biscayne, FL

This is a small, slow-moving slice of the Miami-Dade condo market — a handful of closings tell the current story, and pricing has pulled back meaningfully from a year ago.

MIAMI REALTORS sales records identify 10 homes in OCEAN VILLAGE Condo that have changed hands since 2021, built between 1982 and 1982 (median 1982), with a median living area of about 1,450 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Ocean Village Condo is too small for its own price trend, so here is the market around it.

In ZIP 33149, 147 homes are on the market and 14% are under contract — a slower corner of Key Biscayne.

Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).

In ZIP 33149 (Key Biscayne), 35 homes closed in the last 12 months at a median of $1.48M ($939/sq ft), with a median 79 days on market. Right now 34 active and 6 pending listings put supply at about 11.7 months — a soft market. See the live ZIP 33149 housing market and the Miami-Dade County market.

ZIP and county figures describe the wider market, not Ocean Village Condo specifically. Momentum Research analysis of MLS records.

With only 5 closings in the current window, Ocean Village Condo isn't a market where you can point to a tight, repeatable price band. The $550,000 median and the $565.84 per-square-foot figure are real, but they represent a small number of transactions rather than a deep, liquid pool of comparable sales. Buyers and sellers should treat any single comp with some skepticism and lean on a broader look at unit-level condition and finish.

The 161-day median days-on-market and the 28.1% year-over-year decline point the same direction: this is a slower cycle than it was. A market heat score of 14 puts it firmly on the cold end of the spectrum. That doesn't mean nothing is transacting — it means the properties that do sell are typically the ones priced to reflect current conditions rather than last year's numbers. No community amenities are identified in current MLS listings, so building-specific features should be confirmed unit by unit rather than assumed.

In a market this thin — 5 closings, a 161-day median timeline, and pricing down sharply year over year — the read on any single listing depends heavily on how it's positioned against a small comp set. We walk clients through that math directly: what the recent closings actually show, where the per-square-foot number is being pulled from, and how a slow-market posture should shape an offer or a listing strategy.