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199 Ocean Lane Drive 1207, Key Biscayne, FL 33149
Active
57 Days on Market
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How this price compares

List price
$1,295,000
Price per sq ft
$1,028
Original price
$1,395,000
Days on market
57

This 2-bedroom condo in Commodore Club South Cond is listed at $1,295,000, or $1,028 per square foot. The asking price has come down 7.2% from its original $1,395,000. It has been on the market for 57 days.

2
Bedrooms
2
Bathrooms
1,260
Living Sq Ft
1974
Year Built

Estimated monthly payment

$6,806 /mo

Principal and interest only, based on $259,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$1,295,000
Days on Site
57 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,260 sqft
Total Sq Ft
1,260 sqft
Year Built
1974
Property Type
Condo
MLS #
A12066727
Property Tax
$11,353 (2025)
HOA Fees
$3,895 / Quarterly
Subdivision
COMMODORE CLUB SOUTH COND
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Welcome to the Village of Key Biscayne, where coastal living meets resort-style luxury at the highly desirable Commodore Club. This beautifully remodeled and light-filled 2-bedroom, 2-bath residence is located in the sought-after South Tower, just steps from the beach. The spacious interior features a stunning remodeled kitchen, completely renovated bathrooms with contemporary finishes, beautiful wood flooring throughout, and impact windows and doors. Enjoy your morning coffee or unwind in the evening on the large private balcony with ocean views. The residence also includes one assigned parking space. Residents enjoy an exceptional lifestyle with private beach access complete with chairs and umbrellas, an oceanfront pool, tennis courts, fitness center, BBQ area, front desk attendant, onsite management, and 24-hour security. Move-in ready and ideally located, this residence offers the very best of the Key Biscayne lifestyle.

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General Features

Property Type
Condo
Status
Active
Year Built
1974
Property Condition
Resale
Number of Stories
12
Garage Spaces
1
Attached Garage
Yes
Parking
Assigned / Attached / Covered / Garage / Guest
Living Sq Ft
1,260
Total Sq Ft
1,260

Interior Features

Appliances
Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Microwave / Refrigerator
Cooling
Central Air
Heating
Central
Flooring
Wood
Interior Features
Bidet / Bedroom On Main Level / Closet Cabinetry / Dual Sinks / Living Dining Room / Main Level Primary / Separate Shower
Windows
Blinds

Exterior Features

Construction
CBS Concrete Block Structure / Block
Exterior Features
Balcony / Barbecue / Courtyard / Outdoor Living Area / Tennis Courts
Pool Features
Association
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
Beach Access / Deeded Access / Ocean Access / Ocean Front
View
Intercoastal / Ocean / Other / Skyline / Water

Community & HOA

HOA Fee
$3,895 / Quarterly
HOA Includes
Cable Tv / Hot Water / Insurance / Maintenance Grounds / Pools / Security / Trash / Water
Association Amenities
Cabana / Clubhouse / Fitness Center / Picnic Area / Pool / Tennis Courts / Elevators
Community Features
Home Owners Association
Security
Security System / Elevator Secured / Security Fence / Security Guard
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
No Rv / No Truck / No Trailer Parking / Okay To Lease1st Year / Ok To Lease / See Remarks
MLS Area
2420

This home's HOA fee works out to $1,298 a month, in line with the $1,298 median across 7 homes for sale in Commodore Club South Cond. See Commodore Club South Cond HOA fees

Schools

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

Commodore Club South Cond is an age-restricted 55+ community in Key Biscayne, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $1,100,000 to $4,500,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Commodore Club South Cond and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
7
Median List Price
$1,295,000
Median $/Sq Ft
$1,028
Avg Days on Market
123
View all 7 homes for sale in Commodore Club South Cond →
How do I schedule a tour of 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149?
Use the Tour button on this listing to request a showing of 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149 still available?
199 Ocean Lane Drive 1207, Key Biscayne, FL 33149 is currently listed as Active, and has been on the market 57 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149?
With 20% down ($259,000) on the $1,295,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149 is about $6,806/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149 have an HOA fee?
Yes: 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149 carries an HOA fee of about $3,895 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149?
199 Ocean Lane Drive 1207, Key Biscayne, FL 33149 is zoned for Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149?
Often, yes. The right offer on 199 Ocean Lane Drive 1207, Key Biscayne, FL 33149 depends on how it's priced against comparable condo sales in Key Biscayne, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Douglas Elliman

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 7, 2026.

$1,295,000

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Listed by Nora Gonzalez, Douglas Elliman

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