Cays Realty
199 Ocean Lane Dr 911, Key Biscayne, FL 33149 — MLS photo

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199 Ocean Lane Dr 911, Key Biscayne, FL 33149

Active · Condominium

$1,059,000

199 Ocean Lane Dr 911, Key Biscayne, FL 33149

Beds
2
Baths
2
Living area
1,260 sq ft
$ / sq ft
$840/sq ft
Year built
1974
Lot size
—
HOA fee
$3,800 Quarterly
Annual tax
$11,455

About this property

PRICED TO SELL! Experience the best of Key Biscayne living in this beautifully renovated 2-bedroom, 2-bath residence. Designed with comfort and style in mind, the home features a bright open layout, an updated eat-in kitchen with granite countertops, custom cabinetry, and stainless-steel appliances, as well as spacious living and dining areas that flow seamlessly to an oversized balcony. The generous primary suite offers a sitting area and elegant marble bathroom finishes. Enjoy resort-style amenities including direct beach access, pool, fitness center, sauna, tennis courts, BBQ area, and beautifully maintained grounds. Ideally located near beaches, parks, dining, and shopping, this residence offers the perfect blend of luxury, convenience, and island lifestyle.

Property location

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199 Ocean Lane Dr 911, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,260 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Trash Compactor
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Bidet, Built In Features, Bedroom On Main Level, Breakfast Area, Dual Sinks, Entrance Foyer, Eat In Kitchen, Living Dining Room, Custom Mirrors, Sitting Area In Primary, Tub Shower

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
12
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Storm Security Shutters
Pool
Association
Waterfront
Ocean Access, Ocean Front
View
Ocean, Skyline

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$3,800 Quarterly
Fee inclusions
Association Management, Amenities, Cable Tv, Hot Water, Laundry, Maintenance Structure, Parking, Pools, Sewer, Security, Trash, Water
Amenities
Clubhouse, Fitness Center, Barbecue, Picnic Area, Pool, Sauna, Tennis Courts, Elevators
Security
Door Man, Lobby Secured, Security Guard
Pets allowed
Size Limit, Yes
Annual tax
$11,455
Subdivision
COMMODORE CLUB SOUTH COND
County
Miami-Dade
Days on market
123
MLS listing ID
A12029831
Listing status
Active

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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

-$3,198

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.9%
Gross yield
5.9%
Mortgage payment
$5,020/mo
Down payment
$264,750
Loan amount
$794,250
Annual NOI
$21,872

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