199 Ocean Lane Dr # 401, Key Biscayne FL 33149 | Miami-Dade County | A11970482

The list price is $4,500,000. The MLS record does not explicitly state the furnished status, so specific furniture or decor is not confirmed to convey; however, all standard fixtures and built-in appliances are included with the home.

Community amenities, such as a pool or gym, are provided by the HOA and are shared, not part of the private property transfer. For precise verification of what is included, you should contact Christopher Lazaro, Key Biscayne Real Estate Professional.

The property is located at 199 Ocean Lane Drive, Unit 401, in the city and zip code of Key Biscayne, 33149. This places it directly on the island's main coastal corridor.

For a precise evaluation of how this specific location impacts value and lifestyle, you should contact Christopher Lazaro, a Key Biscayne Real Estate Professional, to discuss the details directly.

The monthly HOA fee for this residence is $2,893. This fee covers all community amenities, including the pool, fitness center, and grounds maintenance.

Owners should also review the Key Biscayne municipal code, as local ordinances directly impact property use. For a precise breakdown of the association's rules and financials, contact Christopher Lazaro, Key Biscayne Real Estate Professional.

The tax of record for this property is $21,446 (2025). As an estimate only—Florida reassesses upon sale—at the list price of $4,500,000 and a Miami-Dade rate near 2.0%: without a homestead exemption, the estimate is about $90,000 per year (≈ $7,500 per month). Florida's homestead exemption lowers the taxable value for a primary residence, which, in this estimate, would be about $89,000 per year (≈ $7,417 per month).

These are estimates, not quotes; confirm exact figures with the Miami-Dade Property Appraiser and a tax professional. For detailed verification, contact Christopher Lazaro, Key Biscayne Real Estate Professional.

The property at 199 Ocean Lane Dr # 401 is located in a FEMA-designated high-risk flood zone, known as a Special Flood Hazard Area (SFHA). You can review the official FEMA definitions for flood zones and view the FEMA flood map for this address.

Purchasing in this zone generally requires flood insurance, a condition for most lenders. For precise verification of the zone designation and a discussion of associated costs, contact Christopher Lazaro, Key Biscayne Real Estate Professional.

The MLS record states: 'Restrictions Or Possible Restrictions'. Pets are allowed, with restrictions (or possible restrictions). We will pull the association's exact current pet rules for this unit on request.

A nonrefundable pet fee applies. Note that separate federal accommodation rules apply for documented service animals or ESAs. To verify the complete policy, reach Christopher Lazaro, Key Biscayne Real Estate Professional.

The list price reflects current Miami-Dade market dynamics, where condos have recently been closing at 94% of list price after approximately 64 days on market. For a precise evaluation at 199 Ocean Lane Dr, we compile a Key Biscayne-specific comparative market analysis to establish a data-driven negotiation range.

To review the detailed CMA and discuss your position, contact Christopher Lazaro, Key Biscayne Real Estate Professional, for verification.

I recommend obtaining a full pre-approval from a Florida-licensed mortgage loan officer before touring any property, including 199 Ocean Lane Dr #401. This step, which you can start via a qualified MLO, provides a clear financial picture and strengthens your position. To discuss this process and verify your readiness for a property listed at $4,500,000, please contact Christopher Lazaro, Key Biscayne Real Estate Professional.