For saleVirtual tour

$1,750,000

3 beds1,952 sq ft

200 Ocean Lane Dr #407-GR09Key Biscayne, FL 33149

Homes, condos and townhomes · MLS 11611964 · Listed 338 days ago (Nov 25, 2025)

Ocean or gulf · Shared waterfront site · Waterfront details

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For sale: Listed and available according to the MyStateMLS feed.

About this property

A rare offering on Key Biscayne's prime beachfront: under one single folio, a two-bedroom, two-bath beachfront residence on the 4th floor paired with a highly desirable ground-level cabana. The 1320 SF main apartment features a split-bedroom layout, generous living and dining areas, and a long, extended balcony overlooking quiet gardens, with direct beach and ocean views from every room. Both the main living spaces and the principal suite open directly onto this balcony, enhancing the sense of openness and connection to the outdoors. Instantly livable as is, the residence also offers exceptional potential for a refined, contemporary renovation that could elevate it into a remarkable coastal home tailored to your taste. The 360 SF private cabana, with serene garden-to-pool views and a sliver of ocean beyond, serves as an ideal extension of the apartment-perfect for an office, guest suite, wellness or fitness studio, creative workspace, or quiet retreat for visiting family. Set within an elegant, low-density beachfront coop building prized for its peaceful ambiance, with direct access to the sand, this offering captures the essence of the Key Biscayne lifestyle. 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
$1,750,000
Status
For sale
Property type
Co-op
Bedrooms
3
Full baths
3
Interior area
1,952 sq ft
Year built
1961
Garage spaces
1
County
Miami-Dade County
MLS number
11611964
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

    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

    $350,000
    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

    $10,268 per month

    Principal and interest$8,849
    Property tax$906
    Homeowners insurance$513
    Loan amount$1,400,000
    Total interest over the term$1,785,623

    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 ($1,312,500 to $2,187,500), newest first. Each one passes the same waterfront rules. See all matches

    Photo 1 of 49, home at 200 Ocean Lane Dr #PB4, Key Biscayne, FL 33149
    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

    Photo 1 of 49, home at 200 Ocean Lane Drive #409, Key Biscayne, FL 33149
    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

    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.

    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. 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.
    7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
    8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
    9. 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 Jan 15, 2026, 12:51 PM UTC. Waterfront Homes last received MyStateMLS data Oct 29, 2026, 9:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.