Ocean Tower Two Homes for Sale

Ocean Tower Two Condo is a luxury waterfront, luxury community in Key Biscayne, Miami-Dade County, Florida. Properties are priced from $3,300,000 to $3,900,000. Pure Equity lists homes in Ocean Tower Two and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Ocean Tower Two and the Key Biscayne area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Ocean Tower Two Key Biscayne homes for sale as of October 2026. The median asking price is $3.44M. Asking prices run from $3.34M to $3.55M.

That is 30% above the Key Biscayne median of $2.65M. On a per-foot basis, homes here ask about $1,372 per square foot, compared with $1,161 across Key Biscayne. So the median price buys roughly 2,500 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 150 days on the market. That tracks the Key Biscayne average of 130 days, so pricing and terms follow the wider city market.

Homes listed in Ocean Tower Two date from 2001, so they are about 25 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Ocean Tower Two includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Ocean Tower Two is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

At a median near $3.44M, Ocean Tower Two sits in the luxury tier of Key Biscayne. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Ocean Tower Two have a median asking rent of $17,250 per month, across 4 active rental listings. For comparison, the Key Biscayne median is $8,500, so rents here run 103% higher.

You can browse current Key Biscayne rentals or ask us for a rent estimate on a specific Ocean Tower Two home.

Here is what the median Ocean Tower Two price means in Florida closing terms. At $3.44M, a 20% down payment comes to about $689,000, leaving a loan near $2.76M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $9,645. Next, the intangible tax of 0.2% adds about $5,511. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $20,667 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Ocean Tower Two listings show assignments to Key Biscayne K-8 (elementary), Ponce De Leon (middle) and Coral Gables (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.