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    200 Ocean Lane Dr, Unit 1007 Key Biscayne, FL 33149

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    For Sale
    $1,795,000

    Key Biscayne residence with ocean views, pool, and beach access.

    Building Details

    Year built
    1961

    Source: One Sotheby's International Realty Agent Mark Chatburn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ocean View Residence, Key Biscayne

    This residence is located in the Island House complex in Key Biscayne. The unit features 2 bedrooms and 2 bathrooms. An oversized balcony provides views. Building amenities include a pool, fitness center, and direct beach access.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key Biscayne
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1571611
    Latitude
    25.6986744

    Nearby Similar for Sale

    • $1,299,000
      Pending

      Key Biscayne Commercial Condo Space

      Commercial condo in Key Biscayne's vibrant Square Shopping Center.
      260 Crandon Blvd, Key Biscayne, FL 33149
      View Details
    • $150,000
      Pending

      Key Biscayne Commercial Condo Space

      Commercial condo in vibrant shopping center, ideal for retail/office.
      260 Crandon Blvd, Key Biscayne, FL 33149
      View Details
    • $3,875,000

      Key Biscayne Office Suites For Sale

      Fifteen office spaces available in Key Biscayne, fully leased.
      50 W Mashta Dr, Key Biscayne, FL 33149
      View Details

    FAQs

    What type of property is this?
    Apartment building - Key Biscayne residence with ocean views, pool, and beach access.
    Where is this apartment building located?
    The property is located at 200 Ocean Lane Dr, Unit 1007 Key Biscayne, FL.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: - Breathtaking ocean views; - Direct beach access; - Spacious unit with 2 bedrooms and 2 bathrooms
    (305) 393-6032
    Request Owner's contact information
    200 Ocean Lane Dr, Unit 1007 Key Biscayne, FL 33149
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Ocean Lane Dr, Unit 1007 Key Biscayne, FL 33149
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