For sale

$4,500,000

199 Ocean Lane Dr APT 401, Key Biscayne, FL 33149

4beds

2,825sqft

$33,900/mo

Get pre-qualified

Condominium

Built in 1974

-- sqft lot

$-- Zestimate^®

$1,593/sqft

$2,893/mo HOA

What's special

Direct beach accessThree lighted tennis courtsHeated swimming poolBright and airy homeElegant tile flooring throughoutSeamless indoor-outdoor living

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.

179 days

184

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Other

Features

Other
Flooring: Other
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 2,825
Total interior livable area: 2,825 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: 2 Or More Spaces
Garage spaces: 2

Features

Exterior features: Other
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean
Waterfront features: Ocean Front

Details

Parcel number: 2442320140440
Other equipment: Other

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Other

Condition

Year built: 1974

Community & HOA

Community

Security: Other
Application fee: $150
Pet fee: $250 nonrefundable
Subdivision: Commodore Club South Cond

HOA

Has HOA: Yes
Amenities included: Other
HOA fee: $2,893 monthly

Location

Region: Key Biscayne

Financial & listing details

Price per square foot: $1,593/sqft
Tax assessed value: $1,591,250
Annual tax amount: $21,446
Date on market: 2/25/2026
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
2/26/2026	Listed for sale	$4,500,000+350%$1,593/sqft
Source: MIAMI #A11970482 Report a problem
3/26/2007	Sold	$1,000,000+78.6%$354/sqft
Source: MIAMI #D1174454 Report a problem
10/25/1996	Sold	$560,000$198/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,008 +2.3%	$933,908 +2.9%
2024	$13,689 +1.5%	$907,588 +3%
2023	$13,486 +2.4%	$881,154 +3%
2022	$13,168 -0.4%	$855,490 +3%
2021	$13,223 +2.7%	$830,573 +1.4%
2020	$12,876 +2.2%	$819,106 +2.3%
2019	$12,604 +5.5%	$800,691 +1.9%
2018	$11,952	$785,762 +2.1%
2017	$11,952 +1.3%	$769,601 +2.1%
2016	$11,799 -1.6%	$753,772 +0.7%
2015	$11,996 -1.5%	$748,533 +0.8%
2014	$12,177 +3.2%	$742,593 +1.5%
2013	$11,795	$731,619 +1.7%
2012	$11,795 -0.7%	$719,390
2011	$11,878 -7%	$719,390
2010	$12,767 -0.5%	$719,390 -5%
2009	$12,830 -21.7%	$757,250 -19.3%
2007	$16,390 +69.1%	$937,780
2006	$9,693	--
2005	$9,693 +1.3%	--
2004	$9,569 +3.7%	--
2003	$9,231 -1.7%	--
2002	$9,392	--
2001	$9,392	--