177 Ocean Lane Dr 208, Key Biscayne, FL 33149 — MLS photo

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177 Ocean Lane Dr 208, Key Biscayne, FL 33149

Active · Condominium

$1,125,000

177 Ocean Lane Dr 208, Key Biscayne, FL 33149

Beds
2
Baths
2
Living area
1,260 sq ft
$ / sq ft
$893/sq ft
Year built
1971
Lot size
—
HOA fee
$4,800 Quarterly
Annual tax
$12,078

About this property

THIS 2 BEDROOM 2 BATH CORNER UNIT WITH WRAPAROUND BALCONY AND STUNNING DIRECT VIEWS OF OCEAN AND CRANDON PARK IS A MUST SEE IN THE ISLAND OF KEY BISCAYNE. ENJOY THE BEACH, HEATED POOL, SAUNA, PARTY ROOM, GATED ENTRY, TENNIS COURTS AND MUCH MUCH MORE THAT ISLAND LIVING HAS TO OFFER. Easy to Show NEW IMPACT WINDOWS AND DOORS JUST INSTALLED !!!

Property location

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177 Ocean Lane Dr 208, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,260 sq ft
Flooring
Marble
Appliances
Electric Range, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Entrance Foyer, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1971
Stories
12
Architectural style
High Rise
Construction
Block
Exterior features
Porch, Storm Security Shutters, Tennis Courts
Pool
Association
Waterfront
Ocean Front
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned

HOA, Community & Financials

Association fee
$4,800 Quarterly
Fee inclusions
Amenities
Amenities
Pool, Sauna, Tennis Courts
Security
Door Man, Lobby Secured
Pets allowed
Conditional, Yes
Annual tax
$12,078
Subdivision
KEY BISCAYNE COMMODORE CL
County
Miami-Dade
Days on market
280
MLS listing ID
A11896666
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,770

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.4%
Gross yield
5.7%
Mortgage payment
$5,333/mo
Down payment
$281,250
Loan amount
$843,750
Annual NOI
$18,757

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.