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Waterfront · Stock Cooperative
$2,600,000$1,078 / sqft
200 Ocean Lane Dr # 401, Key Biscayne FL 33149
Listed
3
Bedrooms
3
Bathrooms
2,412 sqft
Interior
1961
Year built
$4,044 / mo
HOA
Stock Cooperative
Type
About this home
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.
Features
- First Floor Entry
- Closet Cabinetry
- Entrance Foyer
- Den/Library/Office
- Open Balcony
- Direct Ocean
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Key Biscayne, from 43 active listings; the middle half ask $9,000–$19,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.