177 Ocean Lane Dr 512, Key Biscayne, FL 33149 — MLS photo

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177 Ocean Lane Dr 512, Key Biscayne, FL 33149

Active · Condominium

$1,170,160

177 Ocean Lane Dr 512, Key Biscayne, FL 33149

Beds
2
Baths
2
Living area
1,260 sq ft
$ / sq ft
$929/sq ft
Year built
1971
Lot size
—
HOA fee
$4,703
Annual tax
—

About this property

Beautiful 2-bedroom, 2-bath residence in sought-after Commodore East. Features an inviting open-concept kitchen, in-unit washer and dryer, and a functional layout ideal for comfortable living. Currently tenant-occupied through August 31, 2026—perfect for investors seeking immediate rental income.

Property location

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177 Ocean Lane Dr 512, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,260 sq ft

Exterior & Structure

Property type
Condominium
Year built
1971

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,703
County
Miami-Dade
MLS listing ID
A11998282
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

-$7,848

Cap rate
-2.4%
Net yield
-2.4%
Cash-on-cash return
-28.7%
Gross yield
5.6%
Mortgage payment
$5,547/mo
Down payment
$292,540
Loan amount
$877,620
Annual NOI
-$27,611

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