$4,500,000
199 Ocean Lane Drive 401
Key Biscayne, FL 33149
Explore the area: Key Biscayne homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $4,500,000
- Price per sq ft
- $1,593
- Original price
- Unchanged
- Days on market
- 210
This 4-bedroom condo in Commodore Club South Cond is listed at $4,500,000, or $1,593 per square foot. It has been on the market for 210 days.
Estimated monthly payment
$23,649 /mo
Principal and interest only, based on $900,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,893/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $4,500,000
- Days on Site
- 210 Days
- Bedrooms
- 4
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Living Area
- 2,825 sqft
- Total Sq Ft
- 2,825 sqft
- Year Built
- 1974
- Property Type
- Condo
- MLS #
- A11970482
- Property Tax
- $21,446 (2025)
- HOA Fees
- $2,893 / Monthly
- Subdivision
- COMMODORE CLUB SOUTH COND
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1974
- Property Condition
- Resale
- Number of Stories
- 12
- Garage Spaces
- 2
- Living Sq Ft
- 2,825
- Total Sq Ft
- 2,825
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Other
- Interior Features
- Other
Exterior Features
- Construction
- Other
- Exterior Features
- Other
- Waterfront
- Yes
- Waterfront Features
- Ocean Front / Other
- View
- Ocean
Community & HOA
- HOA Fee
- $2,893 / Monthly
- Association Amenities
- Maintenance Grounds / Other
- Security
- Other
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease
- MLS Area
- 2420
This home's HOA fee works out to $2,893 a month, 123% above the $1,298 median across 5 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
About the Community
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
- 5
- Median List Price
- $1,295,000
- Median $/Sq Ft
- $1,028
- Avg Days on Market
- 145
Frequently Asked Questions
- How do I schedule a tour of 199 Ocean Lane Drive 401, Key Biscayne, FL 33149?
- Use the Tour button on this listing to request a showing of 199 Ocean Lane Drive 401, 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 401, Key Biscayne, FL 33149 still available?
- 199 Ocean Lane Drive 401, Key Biscayne, FL 33149 is currently listed as Active, and has been on the market 210 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 401, Key Biscayne, FL 33149?
- With 20% down ($900,000) on the $4,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 199 Ocean Lane Drive 401, Key Biscayne, FL 33149 is about $23,649/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 401, 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 401, 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 401, Key Biscayne, FL 33149 have an HOA fee?
- Yes: 199 Ocean Lane Drive 401, Key Biscayne, FL 33149 carries an HOA fee of about $2,893 monthly. 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 401, Key Biscayne, FL 33149?
- 199 Ocean Lane Drive 401, 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 401, Key Biscayne, FL 33149?
- Often, yes. The right offer on 199 Ocean Lane Drive 401, 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 Swann Realty Partners, LLC.
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 June 23, 2026.
$4,500,000
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Listed by Florencia Yagodnik, Swann Realty Partners, LLC.
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Recent Sales
Recently sold homes in Commodore Club South Cond
These are the last 6 recorded closings in Commodore Club South Cond, with the price each home actually sold for rather than what it was listed at. They closed at a median of $887 per square foot. The most recent closed on June 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,050,000
Sold · June 30, 2026
199 Ocean Lane Drive 311
2 bed · 2 bath · 1,260 sqft · $833/sqft
$50,000 under the asking price
Sold$1,197,000
Sold · March 2, 2026
199 Ocean Lane Drive 115
3 bed · 2 bath · 1,350 sqft · $887/sqft
$53,000 under the asking price
Sold$1,140,000
Sold · February 6, 2026
199 Ocean Lane Drive 313
2 bed · 2 bath · 1,260 sqft · $905/sqft
Sold$1,070,000
Sold · January 8, 2026
199 Ocean Lane Drive 613
2 bed · 2 bath · 1,260 sqft · $849/sqft
$80,000 under the asking price
Sold$1,020,000
Sold · December 15, 2025
199 Ocean Lane Drive 611
2 bed · 2 bath · 1,260 sqft · $810/sqft
$120,000 under the asking price
Sold$1,260,000
Sold · December 5, 2025
199 Ocean Lane Drive 607
2 bed · 2 bath · 1,260 sqft · $1,000/sqft
See every recorded sale in Commodore Club South Cond or find out what your Commodore Club South Cond home is worth.
