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200 Ocean Lane Dr # 407, Key Biscayne FL 33149

House For Sale
$1,275,000

BTC: 20.23809524

ETH: 730.24054983

30 days
Waterfront
2 bds
2 ba
1,580 sqft

Overview

A Rare Beachfront Setting with Direct Ocean Views This two-bedroom, two-bathroom beachfront residence offers a refined Key Biscayne setting. From every room, the apartment captures direct ocean and beach views, bringing coastal light and energy into the home throughout the day. Designed with a desirable split-bedroom layout, it features generous living and dining areas that open onto an extended balcony with uninterrupted views of the ocean and shoreline, complemented by tranquil garden greenery below. The primary suite enjoys sliding glass doors leading to the balcony, enhancing the seamless indoor–outdoor flow and inviting the ocean breeze into everyday living. While comfortable as presently configured, the residence presents a compelling opportunity for a thoughtful renovation, offering the potential to create a truly tailored beachfront retreat. Set within an elegant, low-density oceanfront building, valued for its peaceful ambiance and immediate proximity to the shoreline, this residence embodies the understated sophistication and timeless appeal of Key Biscayne living. Residents enjoy the tranquility of an island community known for its beaches, parks, and village feel, while remaining within immediate reach of Miami’s cultural, dining, and business centers.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Valet
Year Built:
1961
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$807
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
$8,839

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,422,500
$1.1M – $2.5M
Confidence Low
List vs. estimate
$147K below estimate
List $1,275,000 · -10.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$806
-58.1% vs. city median $1,925
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,875
2025
HOA
$8,839/qtr
View
Garden View, Ocean View
Waterfront
Ocean Access, Ocean Front
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Marble

    • Parquet

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Microwave

    • Electric Range

    • Refrigerator

    • Wall Oven

    Other interior features

    • Built-in Features

    • Split Bedroom

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Assigned

    • Valet

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 24-42-32-008-0390

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Stock Cooperative

  • Other financial information

    • HOA: $8,839

    • HOA Frequency: Quarterly

    • Annual tax amount: $10,875

  • Source details

    • MLS ID: A12012107

    Other facts

    • Construction Materials: Concrete Block With Brick

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

    • Window Features: Electric Shutters / Impact Glass

    • Direction Faces: Northeast

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1580

    • Subdivision Name: ISLAND HOUSE APT INC - CO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC