199 Ocean Lane Drive 401, Key Biscayne, FL 33149

$4,500,000 · Active

  • 4 beds
  • 3.5 baths
  • 2,825 sq ft
  • 256 days on market
  • Condominium
  • Built 1974
  • HOA $2,893/mo
  • 2 garage spaces
  • Miami-Dade County
  • MLS# A11970482
  • Commodore Club South Cond
Photo 1 at 199 Ocean Lane Drive 401, Key BiscaynePhoto 2 at 199 Ocean Lane Drive 401, Key BiscaynePhoto 3 at 199 Ocean Lane Drive 401, Key BiscaynePhoto 4 at 199 Ocean Lane Drive 401, Key BiscaynePhoto 5 at 199 Ocean Lane Drive 401, Key BiscaynePhoto 6 at 199 Ocean Lane Drive 401, Key BiscaynePhoto 7 at 199 Ocean Lane Drive 401, Key BiscaynePhoto 8 at 199 Ocean Lane Drive 401, Key Biscayne

About this home

Expansive 4-bedroom, 3.5-bathroom residence combining Units 401 and 403, offering 2,825 sq ft of beautifully remodeled living space. This bright and airy home features spacious open-concept living and dining areas, elegant tile flooring throughout, and floor-to-ceiling windows showcasing stunning ocean views. A wraparound balcony extends from the main living areas, creating seamless indoor-outdoor living, perfect for relaxing or entertaining. The thoughtfully designed layout offers both privacy and functionality, ideal for those seeking generous oceanfront living. Includes two assigned parking spaces.The building offers direct beach access, 24-hour security and concierge services, a social room, and high-speed Wi-Fi throughout all common areas. Residents enjoy a heated swimming pool (one per building), three lighted tennis courts, a fully equipped fitness center with sauna, car wash area, and full beach service.

Features

Schools

  • Elementary: Key Biscayne K-8
  • Middle: Ponce De Leon
  • High: Coral Gables

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Swann Realty Partners, LLC. · fyago@swann-realty.com · Listing agent: Florencia Yagodnik

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 199 Ocean Lane Drive 401.

Before You Make an Offer

Buying an oceanfront condo: the building comes first

Thinking About Selling Your Oceanfront Condo?

Oceanfront buyers search by building, view line, floor plan, price range, amenities and the building's inspection and reserve status. Some of the buyers working with BreakThru Realty have told us exactly which buildings and exposures they want. If you own a residence on the ocean, find out whether it matches what one of them is looking for before you list.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 199 Ocean Lane Drive 401

How much is 199 Ocean Lane Drive 401?
199 Ocean Lane Drive 401 is listed at $4,500,000, which is about $1,593 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 199 Ocean Lane Drive 401?
The listing reports an association fee of $2,893 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 199 Ocean Lane Drive 401?
The listing reports annual property taxes of $21,446 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 199 Ocean Lane Drive 401 built?
199 Ocean Lane Drive 401 was built in 1974 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 199 Ocean Lane Drive 401 been on the market?
199 Ocean Lane Drive 401 has been listed for 256 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 199 Ocean Lane Drive 401 waterfront?
Yes. The listing describes the water as other ocean front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 199 Ocean Lane Drive 401?
The MLS lists Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 3 bedroom condo at 177 Ocean Lane Drive 501, Key Biscayne, FL 33149 is comparable and listed for sale at $4,450,000. Another comparable condo, 199 Ocean Lane Drive 801, Key Biscayne, FL 33149, sold for $2,775,000 in October 2026. Other Key Biscayne neighborhoods include Cape Florida and Key Colony. Nearby ZIP codes include 33109 and 33131. This property also neighbors Fisher Island, Brickell, and Miami. Compare it with the Key Biscayne housing market report.