200 Ocean Lane Drive 501, Key Biscayne, FL 33149

$3,750,000 · Active

  • 4 beds
  • 4 baths
  • 1,880 sq ft
  • Stock Cooperative
  • Built 1961
  • HOA $150/mo
  • MLS# A12049547
  • Island House Apt Inc - Co
Photo 1 at 200 Ocean Lane Drive 501, Key BiscaynePhoto 2 at 200 Ocean Lane Drive 501, Key BiscaynePhoto 3 at 200 Ocean Lane Drive 501, Key BiscaynePhoto 4 at 200 Ocean Lane Drive 501, Key BiscaynePhoto 5 at 200 Ocean Lane Drive 501, Key BiscaynePhoto 6 at 200 Ocean Lane Drive 501, Key BiscaynePhoto 7 at 200 Ocean Lane Drive 501, Key BiscaynePhoto 8 at 200 Ocean Lane Drive 501, Key Biscayne

About this home

Owner says sell. Wake up to the sound of the waves and endless horizon views in this breathtaking direct oceanfront Key Biscayne sanctuary. Located in the highly sought-after Island House, this rare 3-bedroom-plus-den, 4-bath home spans nearly 2,400 square feet of seamless, open-concept design. Every room is kissed by natural light, with floor-to-ceiling windows that serve as a living canvas of the Atlantic. Pour a glass of wine and step onto your private balcony to watch the sunset, or take the elevator directly down to your quiet, pristine beach. Complete with a heated oceanfront pool, fitness center, elegant secure lobby, and covered parking, this is more than a home — it is a daily vacation.

Features

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Luxuri International Real Estate Miami, LLC. · Listing agent: Alejandro Deane

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 200 Ocean Lane Drive 501.

Questions About 200 Ocean Lane Drive 501

How much is 200 Ocean Lane Drive 501?
200 Ocean Lane Drive 501 is listed at $3,750,000, which is about $1,995 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 200 Ocean Lane Drive 501?
The listing reports an association fee of $150 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 200 Ocean Lane Drive 501?
The listing reports annual property taxes of $13,510 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 200 Ocean Lane Drive 501 built?
200 Ocean Lane Drive 501 was built in 1961 and the listing describes its condition as . 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 200 Ocean Lane Drive 501 been on the market?
200 Ocean Lane Drive 501 has been listed for 78 days, and the asking price has been reduced from $3,850,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 200 Ocean Lane Drive 501 waterfront?
Yes. The listing describes the water as none 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 200 Ocean Lane Drive 501?
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 881 Ocean Drive 10A, Key Biscayne, FL 33149 is comparable and listed for sale at $3,750,000. Another comparable condo, 791 Crandon Boulevard 405, Key Biscayne, FL 33149, sold for $3,950,000 in July 2026. Key Biscayne neighborhoods include Cape Florida and Key Colony. Nearby ZIP codes include 33131 and 33129. This property also neighbors Brickell, Miami, and Coconut Grove. Compare it with the Key Biscayne housing market report.