+1 (786) 228 2839info@veravitare.comMy portal

About this home

A truly unique opportunity on the 16th floor of CASA DEL MAR, one of Key Biscayne’s most sought-after oceanfront buildings, where high-floor residences like this seldom come to market. Enjoy completely unobstructed views to both the east and west, creating the feeling of living on a boat. The spacious living and dining area, kitchen with breakfast area, and large balcony face directly east, offering spectacular ocean views, complete privacy, and no neighboring buildings in front. Both bedrooms face west, with incredible views over Key Biscayne, the bay, Downtown Miami, and Coral Gables, along with unforgettable sunsets. The residence features 2 bedrooms and 2 bathrooms, including a generous primary suite with an oversized walk-in closet—large enough that many owners have converted part of the space into a den or office. The unit is in very good, move-in-ready condition while also offering excellent potential to personalize. Casa del Mar features one of Key Biscayne’s largest swimming pools and pool decks, a fitness center, lighted tennis courts, barbecue area, gated security, 24-hour front desk, extensive guest parking, business center, meeting room, and spacious party room. A special opportunity to own a high-floor residence offering exceptional privacy, panoramic east-to-west views, and direct oceanfront living in one of Key Biscayne’s most desirable buildings. One assigned covered parking space. Owner occupied and very easy to show. Just call LA!

Facts & features

Interior

  • Walk-In Closet(s)

Exterior

  • Open Balcony

Appliances

  • Dishwasher
  • Dryer
  • Electric Range
  • Electric Water Heater
  • Ice Maker
  • Microwave
  • Refrigerator

Cooling & heating

  • Electric
  • Electric

Flooring

  • Carpet
  • Tile

Parking

  • 1 Space
  • Assigned
  • Covered
  • Guest

Waterfront

  • Intracoastal Front
  • Ocean Access
  • Ocean Front

View

  • Intracoastal View
  • Ocean View
  • Direct Ocean
  • Pool Area View
  • Tennis Court View
  • Water View

Community amenities

  • Basketball Court
  • Barbecue
  • Bike Storage
  • Community Room
  • Elevator(s)
  • Exercise Room
  • Heated Pool
  • Library
  • Pool
  • Tennis Court(s)

Security

  • Smoke Detector
  • Complex Fenced
  • Doorman
  • Guard At Site
  • Lobby Secured
  • Private Guards
  • Security Patrol
  • TV Camera
  • Walled

Maintenance includes

  • All Amenities
  • Building Exterior
  • Common Area
  • Elevator
  • Landscaping/Lawn Maintenance
  • Manager
  • Pest Control Interior
  • Pool Service
  • Security
  • Sewer

Pets

  • No

Construction & roof

  • CBS Construction

Assigned schools

Elementary

Keybiscayne

High

Mast Academy

School assignments should be independently verified.

Location

881 Ocean Dr, Key Biscayne

Mortgage Estimator

Estimate your monthly cost.

For a personalized quote or pre-approval, we'll connect you with one of our trusted lending partners.

Home priceUSD
Enter as digits, with commas, or shorthand: 1.9M · 1900K · 1,895,000
ZIP codeMiami-Dade
Miami-Dade County (exact match).
Payment typeFinanced
Conventional or jumbo loan, depending on size.
Down payment20% · $480,000
%
$1,920,000 financed· Jumbo loan
Loan termyears
Base rate% (760+ band)
Loading current market rate...
Your rate at 740-759:6.995%(base + 0.12%)
Loan exceeds the conforming limit. Jumbo rates from portfolio lenders typically run 0.25–0.75% below the 30-yr fixed shown here.
Primary residenceNo
No homestead exemption — full property tax applies.
Credit score banddrives rate
Lenders price LLPA adjustments by credit band. See impact panel for monthly + lifetime deltas.
Your finances optional, for DTI
Gross annual income
$
Other monthly debts
$
Household combined pre-tax income and the sum of your monthly debt-service payments (auto loans, student loans, credit-card minimums). We don't count groceries, utilities, or insurance — those don't factor into lender DTI.
Estimated monthly
$19,190
Per month, all-in
67%P&I SHARE
Monthly breakdown
  • Principal & interest$12,76767%
  • Property taxes$1,6389%
  • Insurance$2,99216%
  • HOA$1,7939%

Tax: From listing — annual tax of record.

Insurance: Barrier island or Florida Keys — Citizens-territory rates apply. Estimate; private-market quotes commonly run 50–100% above this baseline.

Cash & qualification
Cash at closing
$568,864
Income to qualify
$823,000/yr
Credit-score impact

Improving from 740-759 to 760+ would save $154/mo and $55,558 over the life of this loan.

Over the life of the loan
Total paid
$4,596,250
Total interest
$2,676,250
Paid off
2056
Speak with a lender
Preferred lender

Talk numbers with someone who knows the market.

Vera Vita is not a lender and does not earn a referral fee on lender introductions. Rates, terms, and approval remain between you and your lender of choice.

Similar listings

More in Key Biscayne.

The data relating to real estate for sale on this web site comes in part from the participants of the Miami Association of REALTORS® IDX program. Information is deemed reliable but not guaranteed. Listings displayed may not reflect all real estate activity in the market. Copyright © 2026 Miami Association of REALTORS®. All rights reserved.