- Year built
- 1965
- Residences
- 10
- Building area
- 8,759 sq ft
- Median residence
- 833 sq ft
- FEMA flood zone
- Zone AE · BFE 9 ft
- Latest arms-length sale
- $625,000 · Jun 2025
- Median sale (10 yr)
- $440,000
- Recorded transfers
- 45
Indies is a 10-residence boutique condominium building at 195 Sunrise Drive, on Key Biscayne, completed in 1965. It has a median residence of 833 square feet.
The recorded market runs to 31 arms-length sales since 1973, an annual turnover rate of 10 percent of the building over the past decade, and a median of $158 per square foot. Across 21 same-unit resales, 90 percent sold above their prior recorded price, with a median gain of 52 percent over a median hold of 6.9 years. The 5 sales since 2023 carry a median of $639 per square foot, against a record that opens in 1973 and spans several market cycles.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Oct 1973. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Jun 2025 | 4 | 891 sf | $625,000 | ✓ |
| Mar 2025 | 8 | 676 sf | $463,000 | ✓ |
| Dec 2024 | 9 | 689 sf | $440,000 | ✓ |
| Sep 2023 | 10 | 1,261 sf | $650,000 | ✓ |
| Mar 2023 | 10 | 1,261 sf | $650,000 | ✓ |
| Nov 2022 | 8 | 676 sf | $447,500 | ✓ |
| Aug 2022 | 1 | 833 sf | $410,000 | ✓ |
| Sep 2021 | 7 | 790 sf | $320,000 | ✓ |
| Nov 2020 | 8 | 676 sf | $289,500 | ✓ |
| Jan 2020 | 10 | 1,261 sf | $370,000 | |
| Jun 2019 | 9 | 689 sf | $207,000 | ✓ |
| Jun 2016 | 4 | 891 sf | $325,000 | ✓ |
| May 2014 | 6 | 833 sf | $266,000 | ✓ |
| Jul 2013 | 4 | 891 sf | $44,600 | |
| Oct 2011 | 1 | 833 sf | $157,000 | |
| Jul 2006 | 7 | 790 sf | $294,000 | ✓ |
| Mar 2004 | 7 | 790 sf | $186,000 | ✓ |
| Mar 2004 | 6 | 833 sf | $175,000 | ✓ |
| Oct 2002 | 3 | 848 sf | $175,000 | |
| Nov 2001 | 5 | 833 sf | $125,000 | ✓ |
| Apr 2001 | 7 | 790 sf | $125,000 | ✓ |
| Mar 2000 | 9 | 689 sf | $105,000 | ✓ |
| Apr 1999 | 8 | 676 sf | $101,000 | ✓ |
| Mar 1997 | 2 | 1,105 sf | $125,000 | ✓ |
| Aug 1994 | 9 | 689 sf | $83,000 | ✓ |
| Jul 1994 | 3 | 848 sf | $88,500 | ✓ |
| May 1992 | 2 | 1,105 sf | $116,500 | ✓ |
| Aug 1987 | 6 | 833 sf | $57,000 | |
| Oct 1986 | 2 | 1,105 sf | $78,000 | ✓ |
| Oct 1983 | 3 | 848 sf | $67,000 | ✓ |
| Nov 1979 | 2 | 1,105 sf | $79,500 | ✓ |
| Aug 1979 | 7 | 790 sf | $49,500 | ✓ |
| Jul 1976 | 6 | 833 sf | $38,000 | ✓ |
| Jun 1976 | 1 | 833 sf | $38,500 | ✓ |
| Nov 1975 | 8 | 676 sf | $37,500 | ✓ |
| Oct 1973 | 8 | 676 sf | $31,500 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 9 nominal-consideration paper transfers omitted.
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Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.