Penthouse
$4,500,000
199 Ocean Lane Dr # 401, Key Biscayne FL 33149 – Residential
Ocean Lane Dr
- 4 beds
- 3.5 baths
- 2,825 sqft
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Beds
2.5
Baths
2,605
SQUARE FEET
Condominium
Type
2001
Built
$4,539
HOA / mo
Listing courtesy of
One Sotheby's International Realty
Lucia Marin
MLS® #A11943754
Listing information last updated June 2, 2026
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Overview
This condo in Key Biscayne has 2 bedrooms and 2.5 bathrooms across 2,605 square feet, and is listed for sale at $3,595,000 (about $1,380 per square foot). Built in 2001.
Unique opportunity to own a custom-designed and remodeled 2,605 SF residence in The Ocean Club’s most desirable beachfront building, Ocean Tower Two. Originally a three-bedroom, the residence has been reimagined as a spacious, light-filled two-bedroom with library/den and generous living and dining areas.
Architectural curves, rounded built-in shelving, and layered lighting define the home’s distinctive character. Custom millwork—harmoniously carried throughout the kitchen, library, closets, and bookshelves—adds warmth and a cohesive aesthetic. Polished marble floors, recessed and cove lighting, and refined wall surfaces create an elegant, modern interior ideal for displaying art and furnishings. The library features an electric fireplace, offering an inviting retreat.
The open kitchen integrates seamlessly with the living areas and features custom cabinetry, an island cooktop, and Thermador appliances. The primary suite offers a tranquil retreat with refined finishes and beautiful views, while the primary bath is finished in marble and glass with custom vanities and a walk-in shower. Ocean views are enjoyed from within the main living areas, as well as from two spacious terraces overlooking lush tropical gardens, resort pools, and the Atlantic.
The Ocean Club provides luxurious resort-style living: beach, pools, restaurants, fitness center with ocean views, spa, salon, playground, playrooms, 7 Har-Tru tennis courts, 3 padel courts, security and valet services.
Listing history
Price reduced
↓ $255,000 from $3,850,000 · Jun 2, 2026 · MIAMI MLS
$3,595,000
Listed for sale
Jan 14, 2026 · MIAMI MLS
$3,850,000
Days on market
as of today
188 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
HOA / association dues
$4,539 / mo · $4,539 quarterly
Annual property tax (2025)
$27,261
Association type
Condo, Homeowners
Waterfront
Ocean Front
Pets
Allowed (verify restrictions)
FEMA flood zone
AE
HOA dues include
All AmenitiesCable TvCommon AreaLandscaping/Lawn MaintenanceReserve FundSecuritySewerTrash RemovalWater
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 exclusiveThe Ocean Club — recertification, reserves, units & pricing
Property details
MLS #A11943754
Price$3,595,000
Size2,605 Square Feet
Bedrooms2
Bathrooms2.5
Garage2
Year built2001
TypeCondominium
StatusFor Sale
HOA$4,539 / mo
Price / Square Feet$1,380
Flood zoneAE
Features & amenities
Built-in Features
Closet Cabinetry
Cooking Island
Den/Library/Office
Dishwasher
Disposal
Dryer
East Of Us1
Electric Range
Electric Water Heater
Garage Attached
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Waterfront
Home Owners Association
Lobby
Microwave
Open Balcony
Property Attached
Refrigerator
Storage
Utility Room/Laundry
Walk-In Closet(s)
Wall Oven
Washer
Location
791 Crandon Blvd # 603, Key Biscayne FL 33149
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$4,539
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
Questions, answered
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 188 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.