Ocean Village
Condos for Sale in Key Biscayne, FL

Ocean Village Condo market snapshot (as of September 20, 2026): the median sale price is about $712K ($585 per sq ft over the trailing 12 months of closed sales), and a median 144 days on market for closed sales. The trailing-12-month median is down 7% from the prior 12 months, computed from record-level MIAMI MLS closed sales (6 closings in the current window).

In ZIP 33149 (Key Biscayne), 134 homes closed in the last 12 months at a median of $1.49M ($921/sq ft), up 18.0% year over year, with a median 77 days on market. Right now 61 active and 13 pending listings — a buyer's market. See the live ZIP 33149 housing market and the Miami-Dade County market.

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.

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.

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.

Listings in this community report association dues of about $1,064 per month ($12,768 a year) — the median AssociationFee across 3 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.