Ocean Village Condo Homes for Sale

Ocean Village Condo is a community in Key Biscayne, Miami-Dade County, Florida. Active listings are priced from $595,000 to $1,400,000. Homes were built starting 1982. Pure Equity lists homes in Ocean Village Condo 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 Village Condo 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 5 Ocean Village Condo Key Biscayne homes for sale as of September 2026. The median asking price is $779,000. Asking prices run from $580,000 to $1.4M.

That is 69% below the Key Biscayne median of $2.49M. On a per-foot basis, homes here ask about $597 per square foot, compared with $1,151 across Key Biscayne. So the median price buys roughly 1,300 square feet of living area.

Listings here have averaged 63 days on the market. That is faster than the Key Biscayne average of 130 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Ocean Village Condo date from 1982, so they are about 44 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.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

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

Rentals in Ocean Village Condo have a median asking rent of $6,000 per month, across 5 active rental listings. For comparison, the Key Biscayne median is $7,900, so rents here run 24% lower.

For investors, those medians imply a gross yield near 9.2% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

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

Here is what the median Ocean Village Condo price means in Florida closing terms. At $779,000, a 20% down payment comes to about $156,000, leaving a loan near $623,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,181. Next, the intangible tax of 0.2% adds about $1,246. 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 $4,674 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 Village Condo 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.