Key Biscayne Buildings →

Bahia Mar

650 Ocean Dr, Key Biscayne, FL 33149

1983Year Built
11Floors
Resale from Contact for pricing For Sale
Monthly rental from Contact for pricing For Rent

Prices reflect the current lowest active MLS listing and update automatically -- availability changes daily. Verify all figures with the Miami-Dade County Property Appraiser (miamidade.gov/pa). Contact the condo association directly to confirm current rules, fees, and rental restrictions.

Bahia Mar Market Snapshot — Trailing 12 Months

For Sale

…Closed Sales
…Median Price
…Avg $/Sq Ft
…Avg Days on Market
…Sale-to-List Ratio

For Rent

…Closed Leases
…Median Rent
…Avg $/Sq Ft
…Avg Days on Market
…Rent-to-List Ratio

Data pulled directly from Miami MLS for Bahia Mar closed sales and leases, … – ….

Recent Sales at Bahia Mar

UnitBeds/BathsSq FtSale Price$/Sq Ft% of AskSale Date
Loading recent sales…

No closed sales found for Bahia Mar in the last 12 months.

Showing closed sales from the last 12 months only. Individual transactions from Miami MLS; click a column heading to sort. "% of Ask" compares the sale price to the final list price. Figures are as recorded at closing -- confirm current details with us before relying on any single sale here.

About Bahia Mar

Bahia Mar is a roughly 11-story condominium at 650 Ocean Dr. Completed in 1983. MLS records most often show about 11 stories.

Key Biscayne is an island village reached by the Rickenbacker Causeway, with Crandon Park to the north and Bill Baggs Cape Florida State Park to the south. Because the building dates to 1983, review the association’s reserves, assessments and milestone-inspection status before you buy.

Amenities

Fitness center
Pool

Building Fees & Assessments

Association fee data for this building isn't yet compiled from MLS listings -- contact us for current figures on a specific unit.

Bahia Mar is 43+ years old, which puts it within Florida's Milestone Inspection requirement (SB 4-D, post-Surfside law covering condo/co-op buildings 3+ stories, coastal buildings inspected at 25 years and every 10 years after). Request the building's most recent milestone inspection report, structural integrity reserve study (SIRS), and reserve fund status before purchasing -- these determine whether a special assessment is likely.

Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.

Rental Potential

See the live "Monthly rental from" figure above for Bahia Mar's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.

Frequently Asked Questions

Is Bahia Mar pet-friendly?

Bahia Mar does not generally allow pets. Verify current pet policy directly with the building association before purchasing.

Can I rent out my unit at Bahia Mar?

Long-term rentals are generally permitted at Bahia Mar, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.

Where is Bahia Mar?

At 650 Ocean Dr in Key Biscayne.

When was Bahia Mar built?

It was completed in 1983. We did not find a developer or architect confirmed by more than one source, so we do not state one.

How tall is Bahia Mar?

MLS records most often show 11 stories.

Reviewed by Carlos Olivares, FL License #3051724. Last updated October 2026.

Interested in Bahia Mar?

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Active Listings at Bahia Mar

Live MLS data, updated continuously — browse everything currently on the market at Bahia Mar.

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