For saleVirtual tour
$1,400,000
1 bed1,217 sq ft
Ocean or gulfShared waterfront site
200 Ocean Lane Dr #PB4Key Biscayne, FL 33149
Co-op · MLS 11941382
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $55,000 from $1,275,000Virtual tour
$1,220,000
2 beds1,580 sq ft
200 Ocean Lane Dr #407Key Biscayne, FL 33149
Homes, condos and townhomes · MLS 11744977 · Listed 179 days ago (May 4, 2026)
Ocean or gulf · Shared waterfront site · Waterfront details
For sale: Listed and available according to the MyStateMLS feed.
About this property
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.
Description provided by the listing brokerage.
MLS-reported waterfront
Waterfront details
The home is part of a condominium, cooperative or community whose shared site is reported as waterfront. Shoreline and docks are typically common or community property, not owned by the individual unit.
- Relationship to the water
- Shared waterfront site
- Water type
- Ocean or gulf
- Water body
- Not provided. Ask the listing agent.
- Frontage length
- Not provided. Ask the listing agent.
- Water access arrangement
- Not provided. Ask the listing agent.
- Docks, slips, lifts, moorings
- Not provided. Ask the listing agent.
- Dock depth
- Not provided. Ask the listing agent.
- Shoreline
- Beach access reported
- Seasonal or tidal conditions
- Not provided. Ask the listing agent.
- Boating limits (bridges, depth, open-water access)
- Not provided. Ask the listing agent.
Why this is listed as waterfront
WaterfrontYN“Yes”: The listing is marked waterfront.WaterfrontFeatures“Ocean Front, Beach Access”: Includes a "… Front" value describing frontage.PropertyTypeDetail“coop”: A unit on a shared (condominium-style) site.
Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront
Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Compass Florida, LLC.
Facts
- List price
- $1,220,000
- Original list price
- $1,275,000
- Status
- For sale
- Property type
- Co-op
- Bedrooms
- 2
- Full baths
- 2
- Interior area
- 1,580 sq ft
- Year built
- 1961
- Garage spaces
- 1
- County
- Miami-Dade County
- MLS number
- 11744977
- Annual property tax (2025)
- $10,875
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.
Features
Interior
- Walk-In Closet(s)
Appliances
- Range
- Microwave
- Refrigerator
- Dishwasher
Flooring
- Tile
- Marble
Heating
- Hot Water
- Electric
Virtual tours
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Key Biscayne.
Price and status history
- Original list price reported by the brokerage: $1,275,000
Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.
Estimate a monthly payment
$244,000
Illustrative. Replace with a quote from your lender.
From the listing (tax year 2025). Taxes can change after a sale.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.
Estimated monthly payment
$7,429 per month
Principal and interest$6,169
Property tax$906
Homeowners insurance$354
Loan amount$976,000
Total interest over the term$1,244,834
An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.
Similar waterfront listings nearby
Waterfront listings of the same property type and water type in Key Biscayne, priced within 25% of this listing ($915,000 to $1,525,000), newest first. Each one passes the same waterfront rules. See all matches
For saleVirtual tour
$1,499,000
2 beds1,610 sq ft
Ocean or gulfShared waterfront site
200 Ocean Lane Drive #409Key Biscayne, FL 33149
Co-op · MLS 11850173
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleVirtual tour
$1,149,000
2 beds1,790 sq ft
Ocean or gulfShared waterfront site
121 Crandon Blvd #249Key Biscayne, FL 33149
Condo · MLS 11552108
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleVirtual tour
$980,000
376 sq ft
Ocean or gulfShared waterfront site
455 Grand Bay Dr #210Key Biscayne, FL 33149
Condo · MLS 11519772
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $315,000Virtual tour
$995,000
2 beds1,260 sq ft
Ocean or gulfShared waterfront site
199 Ocean Lane Dr #911Key Biscayne, FL 33149
Condo · MLS 11395672
Listing courtesy of Compass Florida, LLC · MyStateMLS
Questions to ask before you buy
Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.
- Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
- Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
- What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
- How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
- What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
- What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
- How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
- How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
- What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.
Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)
Guides and next steps
Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.
Listing last updated by the brokerage Oct 27, 2026, 11:50 AM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 4:02 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.