Luxury Condo
$2,150,000
199 Ocean Lane Dr # 201, Key Biscayne FL 33149 – Residential
Ocean Lane Dr
- 3 beds
- 2.5 baths
- 1,930 sqft
3D home tour
← All video tours
Listing courtesy of BHHS EWM Realty
Browse all Miami video tours →3
Beds
3
Baths
1,720
SQUARE FEET
Condominium
Type
1981
Built
Listing courtesy of
BHHS EWM Realty
Encina Neira
MLS® #A12036429
Listing information last updated July 13, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with BHHS EWM Realty — and every agent and broker in Miami — to get the deal done.
Overview
This condo in Key Biscayne has 3 bedrooms and 3 bathrooms across 1,720 square feet, and is listed for sale at $1,590,000 (about $924 per square foot). Built in 1981.
Rarely available and partially renovated in 2025 including new appliances, this 3 bedrooms, 3 baths residence offers one of the most desirable floor plans in Key Colony’s sought-after hotel section. Featuring an oversized private terrace ideal for indoor-outdoor living and entertaining, this unique property stans out from virtually every competing unit in the community. Unlike most residences in Key Biscayne, this unit allows legal short-term rentals with no minimum lease period, offering unparalleled flexibility for personal use, seasonal enjoyment, or income generation. Currently lease through October 31st, the property is already producing a gross return exceeding 6%, making it an exceptional turnkey investment opportunity.
Listing history
Listed for sale
Jun 12, 2026 · MIAMI MLS
$1,590,000
Days on market
as of today
39 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$13,213
Association type
Homeowners
Pets
Allowed (verify restrictions)
FEMA flood zone
AE
HOA dues include
Cable TvElevatorInsuranceLandscaping/Lawn MaintenancePool ServiceRecreation FacilitiesRoof RepairsSecuritySewerWater
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Building report · MCR exclusiveKey Colony No 4 — recertification, reserves, units & pricing
Property details
MLS #A12036429
Price$1,590,000
Size1,720 Square Feet
Bedrooms3
Bathrooms3
Garage1
Year built1981
TypeCondominium
StatusFor Sale
Price / Square Feet$924
Flood zoneAE
Features & amenities
Barbeque
Closet Cabinetry
Custom Mirrors
Dishwasher
Disposal
Dryer
Electric Range
Electric Water Heater
Elevator
First Floor Entry
French Doors
Garage Attached
Has a View
Has Cooling System
Has Garage
Has Heating System
Home Owners Association
Microwave
None
Open Balcony
Property Attached
Refrigerator
Roman Tub
Self Cleaning Oven
Split Bedroom
Tennis Court(s)
Washer
Location
101 Crandon Blvd # 170, Key Biscayne FL 33149
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
Questions, answered
Ask about this home
Questions on price, building, or financing? Send a note — we reply fast.
More like this
Other homes near Key Biscayne
Luxury Condo
Luxury Condo
$2,990,000
199 Ocean Lane Drive # 801, Key Biscayne FL 33149 – Residential
Ocean Lane Drive
- 3 beds
- 2.5 baths
- 1,930 sqft
Luxury Condo
$1,400,000
55 Ocean Lane Dr # 1031, Key Biscayne FL 33149 – Residential
Ocean Lane Dr
- 3 beds
- 2 baths
- 1,734 sqft
Luxury Condo
$1,900,000
251 Crandon Blvd # 227, Key Biscayne FL 33149 – Residential
Crandon Blvd
- 3 beds
- 2 baths
- 1,546 sqft
Luxury Condo
$2,520,000
445 Grand Bay Dr # 418, Key Biscayne FL 33149 – Residential
Grand Bay Dr
- 2 beds
- 2.5 baths
- 1,760 sqft
Luxury Condo
$2,800,000
201 Crandon Blvd # 643, Key Biscayne FL 33149 – Residential
Crandon Blvd
- 2 beds
- 2 baths
- 1,950 sqft
Thinking of selling?
Own a home in Key Biscayne?
Get a no-obligation MCR estimate and see how your block has trended this year.
What's my home worth →Own a rental?
List, screen, and lease with MCR.
Applicant screening, leases, and rent collection — managed end to end by a Miami brokerage.
List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 39 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.