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200 Ocean Lane Drive 409, Key Biscayne, FL 33149
Active
110 Days on Market
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How this price compares

List price
$1,499,000
Price per sq ft
$931
Vs. nearby sales
34.3% below
Days on market
110

This 2-bedroom condo in Island House Apt Inc - Co is listed at $1,499,000, or $931 per square foot. It has been on the market for 110 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 34.3% below what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,610
Living Sq Ft
1961
Year Built

Estimated monthly payment

$7,878 /mo

Principal and interest only, based on $299,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$1,499,000
Days on Site
110 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,610 sqft
Year Built
1961
Property Type
Condo
MLS #
A12033182
Property Tax
$17,701 (2025)
HOA Fees
$9,532 / Quarterly
Subdivision
ISLAND HOUSE APT INC - CO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Filled with exceptional natural light from 11 windows and doors, including both bathrooms, this thoughtfully remodeled double-corner residence showcases timeless elegance through a carefully curated selection of materials, finishes, and soft neutral tones. At its center is a beautifully designed open kitchen, accessible from three sides and seamlessly connected to the living and dining areas—an inviting focal point for everyday living and effortless entertaining. Marble floors, generous terraces and a gracious L-shaped living and dining area enhance the sense of space and flow throughout.The split floor plan offers exceptional privacy with two separate bedroom suites, each with direct terrace access. Direct ocean and beach views from the living room, dining room, and primary bedroom are complemented by lush tropical greenery, creating a bright and welcoming coastal setting. The double-corner exposure captures natural light throughout the day and reinforces the residence's unique connection to the shoreline.Located in a boutique oceanfront community known for its intimate scale, direct beach access and remarkable proximity to the shoreline, allowing residents to enjoy an authentic beachfront lifestyle with the ocean at their doorstep.Key Biscayne is a unique island community known for its privacy, security & natural beauty (Ocean, parks, marinas, scenic bike paths) while Brickell, Coconut Grove, Downtown Miami & Miami International Airport remain conveniently accessible

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
1961
Property Condition
Resale / Updated Remodeled
Number of Stories
14
Levels
Multi Split
Garage Spaces
1
Parking
Assigned / Valet
Direction Faces
West
Living Sq Ft
1,610

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Disposal / Microwave / Oven / Refrigerator / Washer
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Marble
Interior Features
Breakfast Bar / Dining Area / Dual Sinks / Kitchen Island / Living Dining Room / Main Level Primary / Split Bedrooms / Separate Shower
Windows
Blinds
Furnished
Unfurnished

Exterior Features

Construction
Block
Exterior Features
Balcony / Outdoor Living Area
Architectural Style
Split Level
Pool Features
Heated
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
Beach Access / Deeded Access / Ocean Access / Ocean Front
View
Garden / Ocean

Community & HOA

HOA Fee
$9,532 / Quarterly
HOA Includes
Common Areas / Cable Tv / Hvac / Hot Water / Insurance / Internet / Legal Accounting / Maintenance Grounds / Maintenance Structure / Pest Control / Pools / Sewer / Security / Trash / Water
Association Amenities
Bike Storage / Clubhouse / Car Wash Area / Fitness Center / Laundry / Management / Pool / Parking / Trash / Elevators
Security
Security System / Closed Circuit Cameras / Lobby Secured / Security Fence
Utilities
Cable Available
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease / Rental Restriction / See Remarks
MLS Area
2420

This home's HOA fee works out to $3,177 a month, 8% 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 409, Key Biscayne, FL 33149?
Use the Tour button on this listing to request a showing of 200 Ocean Lane Drive 409, 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 409, Key Biscayne, FL 33149 still available?
200 Ocean Lane Drive 409, Key Biscayne, FL 33149 is currently listed as Active, and has been on the market 110 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 409, Key Biscayne, FL 33149?
With 20% down ($299,800) on the $1,499,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 200 Ocean Lane Drive 409, Key Biscayne, FL 33149 is about $7,878/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 409, 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 409, 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 409, Key Biscayne, FL 33149 have an HOA fee?
Yes: 200 Ocean Lane Drive 409, Key Biscayne, FL 33149 carries an HOA fee of about $9,532 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 409, Key Biscayne, FL 33149?
200 Ocean Lane Drive 409, 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 409, Key Biscayne, FL 33149?
Often, yes. The right offer on 200 Ocean Lane Drive 409, 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 24, 2026.

$1,499,000

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Listed by Martine C. Paulin, 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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