$1,220,000
200 Ocean Lane Drive 407
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
- $1,220,000
- Price per sq ft
- $772
- Vs. nearby sales
- 45.5% below
- Days on market
- 142
This 2-bedroom condo in Island House Apt Inc - Co is listed at $1,220,000, or $772 per square foot. The asking price has come down 4.3% from its original $1,275,000. It has been on the market for 142 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 45.5% below what comparable homes here actually sold for.
Estimated monthly payment
$6,412 /mo
Principal and interest only, based on $244,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,220,000
- Days on Site
- 142 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,580 sqft
- Year Built
- 1961
- Property Type
- Condo
- MLS #
- A12012107
- Property Tax
- $10,875 (2025)
- HOA Fees
- $8,839 / Quarterly
- Subdivision
- ISLAND HOUSE APT INC - CO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
A Rare Beachfront Setting with Direct Ocean ViewsThis two-bedroom, two-bathroom beachfront residence offers a refined Key Biscayne setting. From every room, the apartment captures direct ocean and beach views, bringing coastal light and energy into the home throughout the day. Designed with a desirable split-bedroom layout, it features generous living and dining areas that open onto an extended balcony with uninterrupted views of the ocean and shoreline, complemented by tranquil garden greenery below.The primary suite enjoys sliding glass doors leading to the balcony, enhancing the seamless indoor–outdoor flow and inviting the ocean breeze into everyday living. While comfortable as presently configured, the residence presents a compelling opportunity for a thoughtful renovation, offering the potential to create a truly tailored beachfront retreat.Set within an elegant, low-density oceanfront building, valued for its peaceful ambiance and immediate proximity to the shoreline, this residence embodies the understated sophistication and timeless appeal of Key Biscayne living. Residents enjoy the tranquility of an island community known for its beaches, parks, and village feel, while remaining within immediate reach of Miami’s cultural, dining, and business centers.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1961
- Number of Stories
- 14
- Garage Spaces
- 1
- Parking
- Assigned / Valet
- Direction Faces
- Northeast
- Living Sq Ft
- 1,580
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Oven / Refrigerator
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Marble / Parquet / Tile
- Interior Features
- Built In Features / Bathtub / Dining Area / Living Dining Room / Split Bedrooms / Soaking Tub / Separate Shower / Walk In Closets
- Furnished
- Unfurnished
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
- Garden / Ocean
Community & HOA
- HOA Fee
- $8,839 / Quarterly
- HOA Includes
- Common Areas / Cable Tv / Hvac / Hot Water / Insurance / Internet / Legal Accounting / Maintenance Grounds / Maintenance Structure / Pest Control / Pools / Trash / Water
- Association Amenities
- Bike Storage / Clubhouse / Car Wash Area / Fitness Center / Maintenance Grounds / Laundry / Management / Picnic Area / Trash / Elevators
- Security
- Security System / Closed Circuit Cameras / Lobby Secured / Security Fence
- Utilities
- Cable Available
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease / Rental Restriction / See Remarks
- MLS Area
- 2420
This home's HOA fee works out to $2,946 a month, in line with 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
About the Community
- Homes for Sale
- 5
- Under Contract
- 0
- Median List Price
- $1,499,000
- Median $/Sq Ft
- $1,078
- Avg Days on Market
- 77
Frequently Asked Questions
- How do I schedule a tour of 200 Ocean Lane Drive 407, Key Biscayne, FL 33149?
- Use the Tour button on this listing to request a showing of 200 Ocean Lane Drive 407, 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 407, Key Biscayne, FL 33149 still available?
- 200 Ocean Lane Drive 407, Key Biscayne, FL 33149 is currently listed as Active, and has been on the market 142 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 407, Key Biscayne, FL 33149?
- With 20% down ($244,000) on the $1,220,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 200 Ocean Lane Drive 407, Key Biscayne, FL 33149 is about $6,412/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 407, 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 407, 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 407, Key Biscayne, FL 33149 have an HOA fee?
- Yes: 200 Ocean Lane Drive 407, Key Biscayne, FL 33149 carries an HOA fee of about $8,839 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 407, Key Biscayne, FL 33149?
- 200 Ocean Lane Drive 407, 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 407, Key Biscayne, FL 33149?
- Often, yes. The right offer on 200 Ocean Lane Drive 407, 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 June 23, 2026.
$1,220,000
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Listed by Martine C. Paulin, Compass Florida, LLC
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Recent Sales
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.
Sold$1,870,000
Sold · July 17, 2026
200 Ocean Lane Drive 1102
2 bed · 2 bath · 1,320 sqft · $1,417/sqft
$25,000 under the asking price
Sold$2,350,000
Sold · June 22, 2026
200 Ocean Lane Drive 108
4 bed · 3 bath · 1,650 sqft · $1,424/sqft
$150,000 under the asking price
Sold$920,000
Sold · September 11, 2025
200 Ocean Lane Drive 305
1 bed · 2 bath · 1,259 sqft · $731/sqft
$55,000 under the asking price
See every recorded sale in Island House Apt Inc - Co or find out what your Island House Apt Inc - Co home is worth.
