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200 Ocean Lane Drive 401, Key Biscayne, FL 33149
Active
3 Days on Market
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How this price compares

List price
$2,600,000
Price per sq ft
$1,078
Vs. nearby sales
23.9% below
Days on market
3

This 3-bedroom condo in Island House Apt Inc - Co is listed at $2,600,000, or $1,078 per square foot. It has been on the market for 3 days. The 3 most recent condo sales in the closings shown below sold at a median of $1,417 per square foot, so the asking price is 23.9% below what comparable homes here actually sold for.

3
Bedrooms
3
Bathrooms
2,412
Living Sq Ft
1961
Year Built

Estimated monthly payment

$13,664 /mo

Principal and interest only, based on $520,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$2,600,000
Days on Site
3 Days
Bedrooms
3
Total Baths
3
Full Baths
3
Living Area
2,412 sqft
Total Sq Ft
2,412 sqft
Year Built
1961
Property Type
Condo
MLS #
A12087462
Property Tax
$14,849 (2025)
HOA Fees
$12,133 / Quarterly
Subdivision
ISLAND HOUSE APT INC - CO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Welcome to an exceptional oceanfront residence in Key Biscayne, where sweeping panoramic views and direct beach access create an effortless connection to the sea. Positioned on the coveted 01 line, this expansive 3-bedroom plus den, 3-bath home spans 2,412 SF and is filled with natural light through floor-to-ceiling impact glass framing the ocean from nearly every room. Generous living and dining areas offer a seamless setting for relaxed daily living and entertaining, while the open balcony extends the experience outdoors with ocean breezes and captivating views. The substantially remodeled interior features wood floors, refined finishes, and thoughtful details throughout. A versatile den provides additional space for a home office or lounge. Complete with assigned parking, valet service, and access to full-service building amenities, this residence captures the ease and sophistication of beachfront living in Key Biscayne.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
1961
Property Condition
Resale / Updated Remodeled
Number of Stories
14
Garage Spaces
1
Parking
Assigned / Detached / Garage / Valet
Direction Faces
Northwest
Living Sq Ft
2,412
Total Sq Ft
2,412

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
Cooling
Electric
Heating
Electric
Flooring
Wood
Interior Features
Bedroom On Main Level / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Entrance Foyer / None
Total Rooms
1

Exterior Features

Construction
Block
Exterior Features
Balcony / Outdoor Living Area
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
Beach Access / Deeded Access / Ocean Access / Ocean Front
View
Ocean

Community & HOA

HOA Fee
$12,133 / Quarterly
HOA Includes
Common Areas / Cable Tv / Hot Water / Maintenance Grounds / Maintenance Structure / Pest Control / Sewer / Security / Trash / Water
Association Amenities
Fitness Center / Maintenance Grounds / Management / Other / Elevators
Security
Security System / Security Fence
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
Other Restrictions
MLS Area
2420

This home's HOA fee works out to $4,044 a month, 37% above the $2,946 median across 5 homes for sale in Island House Apt Inc - Co. See Island House Apt Inc - Co HOA fees

Schools

Elementary School
Key Biscayne K-8
Middle School
Ponce De Leon
High School
Coral Gables
Homes for Sale
5
Under Contract
0
Median List Price
$1,499,000
Median $/Sq Ft
$1,078
Avg Days on Market
77
View all 5 homes for sale in Island House Apt Inc Co →
How do I schedule a tour of 200 Ocean Lane Drive 401, Key Biscayne, FL 33149?
Use the Tour button on this listing to request a showing of 200 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 200 Ocean Lane Drive 401, Key Biscayne, FL 33149 still available?
200 Ocean Lane Drive 401, Key Biscayne, FL 33149 is currently listed as Active, and has been on the market 3 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 200 Ocean Lane Drive 401, Key Biscayne, FL 33149?
With 20% down ($520,000) on the $2,600,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 200 Ocean Lane Drive 401, Key Biscayne, FL 33149 is about $13,664/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 200 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 200 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 200 Ocean Lane Drive 401, Key Biscayne, FL 33149 have an HOA fee?
Yes: 200 Ocean Lane Drive 401, Key Biscayne, FL 33149 carries an HOA fee of about $12,133 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 200 Ocean Lane Drive 401, Key Biscayne, FL 33149?
200 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 200 Ocean Lane Drive 401, Key Biscayne, FL 33149?
Often, yes. The right offer on 200 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 Compass Florida, 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 September 28, 2026.

$2,600,000

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Listed by Maria Angelica Parra Loughlin, Compass Florida, LLC.

Recently sold homes in Island House Apt Inc - Co

These are the last 3 recorded closings in Island House Apt Inc - Co, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,417 per square foot. The most recent closed on July 17, 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.

See every recorded sale in Island House Apt Inc - Co or find out what your Island House Apt Inc - Co home is worth.

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