200 Ocean Lane Dr # 407, Key Biscayne FL 33149, KEY BISCAYNE, FL, 33149
Active94 days on marketListed May 4, 2026MLS #A12012107
About this home
200 Ocean Lane Dr # 407, Key Biscayne FL 33149
A Rare Beachfront Setting with Direct Ocean Views This 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.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,580
Sqft
1
Garage
1961
Year built
$807
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$11,370 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$11,370/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Key Biscayne actives
$807 vs $1,214
Days on market
94 vs 62 typical
Where $807/sqft sits among the 134 Key Biscayne actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Village Of Key Biscayne
Get to know Key Biscayne. See the full Key Biscayne guide →
Village Of Key Biscayne — neighborhood snapshot
Population
14,603
Median age
44
Median income
$152,910
Median home value
$1,246,268
Avg household
3
Households w/ children
2,233
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Key Biscayne market
$1.6M → $1.6M
Key Biscayne median sold, yr/yr
94.9%
Sale-to-list ratio (12 mo)
6 of 134
Key Biscayne actives have cut their price
This home is listed 4804% above the KEY BISCAYNE 33149 median. See the full Key Biscayne market guide →
Paper trail
This home's history
Reality check
What actually sold near 200 Ocean Lane Dr # 407
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$2,350,000
200 Ocean Lane Dr # 108, Key Biscayne FL 33149 · same community
4 bd · 3 ba · 1,650 sqft · $1,424/sqft · 24 DOM
Sold · Sep ’25$920,000
200 Ocean Lane Dr # 305, Key Biscayne FL 33149 · same community
1 bd · 2 ba · 1,259 sqft · $731/sqft · 72 DOM
Sold · Nov ’25$1,250,000
1111 Crandon Blvd # A203, Key Biscayne FL 33149
2 bd · 2 ba · 1,409 sqft · $887/sqft · 31 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 200 Ocean Lane Dr # 407 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 200 Ocean Lane Dr # 407 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
200 Ocean Lane Dr # 407 FAQs
What would the monthly payment be for 200 Ocean Lane Dr # 407, Key Biscayne FL 33149?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,370/mo — principal and interest, the actual property-tax bill, the $2,946/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 200 Ocean Lane Dr # 407, Key Biscayne FL 33149?+
The association fee works out to $2,946 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 200 Ocean Lane Dr # 407, Key Biscayne FL 33149?+
The most recent tax bill on record (2025) was $10,875. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 200 Ocean Lane Dr # 407, Key Biscayne FL 33149?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Key Biscayne?+
At $1,275,000, this home is listed about 54% below the Key Biscayne median of $2,775,000. The market section on this page shows how the area is trending.
Which schools are assigned to 200 Ocean Lane Dr # 407, Key Biscayne FL 33149?+
Key Biscayne K-8 Center (elementary), District Instructional Center (Dic) (), Coral Gables Senior High School (high), Ponce De Leon Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,275,000 runs 4804% above the KEY BISCAYNE 33149 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $2,946/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
Keep looking
Similar homes nearby
Listing courtesy of Compass Florida, LLC · Martine C. Paulin P L. MLS #A12012107.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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