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Map
$609,000
●
Condo -
Off Market
155 Ocean Lane Dr #207
Key Biscayne, FL 33149
1 Bed
2 Baths,
1
Half Bath
895 Sqft
$4,395
Est. Monthly
$1,154
HOA / Fees
3.14%
Cap Rate
About This Property
Island living 15 minutes from downtown Miami. Spacious 1/1.5
Commodore Club West residence featuring open galley kitchen, large
primary bath with foyer and walk-in closets. Full service building
with in-house management, lobby concierge, 24-hour security, heated
pool, gym, tennis courts, community room, private beach access with
chair/umbrella service. Property includes one assigned covered
parking space, and storage space. Lowest-priced unit in the
development; ready for your decorating touch. Easy to show!
Unit Size
895Ft²
Days on Market
166 days
Land Size
-
Price per sqft
$680
Property Type
Condo
Property Taxes
$250
HOA Dues
$1,154
Year Built
-
Payment Calculator
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Cap Rate Calculator
Purchase Price
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Monthly Rental Income
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Income
Per Year
Expenses
Per Year
Operating Profit
Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier)
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 6 months ago (Miami MLS #A11474908)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2024 | Sold | $609,000 | |
| Sold | |||
| Mar 29, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Price Decreased |
$609,000
↓ $20K
(3.2%)
|
|
| Price Decreased | |||
| Feb 28, 2024 | Price Decreased |
$629,000
↓ $10K
(1.6%)
|
|
| Price Decreased | |||
| Feb 23, 2024 | Price Decreased |
$639,000
↓ $10K
(1.5%)
|
|
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Garage
Doorman
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Covered, Guest
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Bedrooms: 1
Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
Interior Features: First Floor Entry, Elevator, Fire Sprinklers, Roman Tub, Walk-In Closet(s)
Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
Flooring Type: Marble, Tile
Laundry Features: Common Area
Rooms: 3
Exterior Details
Has Property Attached
Square Footage: 895
Security Features: Fire Sprinklers, Doorman, Lobby Secured, Security Patrol
Year Built: 1973
Waterfront Features: Ocean Access, Ocean Front
Building Name: COMMODORE CLUB WEST CONDO
Building Area Total: 895
Building Area Units: Square Feet
Building Area Total: 895
Window Features: Complete Accordian Shutters
Lot Size Units: Square Feet
Financial Details
Tax Legal Description: COMMODORE CLUB WEST CONDO UNIT 207 - 2ND FLOOR UNDIV .375% INT IN COMMON ELEMENTS CLERKS FILES 73R214678 & 73R246648 OR 17671-4068 17827-069
Tax Annual Amount: $2,997
Tax Year: 2023
Parcel Number: 24-42-32-013-0220
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Amenities: Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Storage, Heated Pool, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute, Vehicle Wash Area
HOA Fee: $3,463
HOA Fee Frequency: Quarterly
155 Ocean Lane Dr #207, Key Biscayne, FL, 33149
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
1
Bed
1
Bath
972 ft²
$535/ft²
$520,000
Feb 15, 2024
$520,000
Apr 8, 2024
$1,075/mo
Condo
Stu
1
Bath
354 ft²
$1,723/ft²
$610,000
Dec 18, 2023
$610,000
Feb 6, 2024
$1,738/mo
Condo
2
Beds
2
Baths
1,450 ft²
$474/ft²
$687,500
Oct 13, 2023
$687,500
Mar 12, 2024
$2,127/mo
Active
Condo
1
Bed
2
Baths
895 ft²
$782/ft²
$700,000
Sep 14, 2022
-
$1,486/mo
Active
Condo
1
Bed
2
Baths
972 ft²
$566/ft²
$550,000
Sep 5, 2023
-
$1,190/mo
In Contract
Condo
Stu
1
Bath
378 ft²
$1,746/ft²
$660,000
Mar 29, 2024
-
$1,740/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/30/2024
|
1 Bed
|
2 Bath
|
895 ft²
|
$743,000
1 Bed
2 Bath
895 ft²
|
$730,000
-1.75%
08/30/2024
|
-
|
Monique Pennen-Wills
BHHS EWM Realty
|
|
|
04/03/2024
|
1 Bed
|
2 Bath
|
895 ft²
|
$775,000
1 Bed
2 Bath
895 ft²
|
$780,000
+0.65%
06/03/2024
|
-
|
Monique Pennen-Wills
BHHS EWM Realty
|
|
|
03/20/2024
|
3 Bed
|
3 Bath
|
1930 ft²
|
$1,990,000
3 Bed
3 Bath
1930 ft²
|
$1,890,000
-5.03%
06/17/2024
|
-
|
Javier Lopez
JV Realty Services
|
|
|
01/19/2024
|
2 Bed
|
2 Bath
|
1260 ft²
|
$1,375,000
2 Bed
2 Bath
1260 ft²
|
$1,275,000
-7.27%
04/04/2024
|
-
|
Kim Ellen Haug
Fortune International Realty
|
|
|
01/19/2024
|
1 Bed
|
2 Bath
|
895 ft²
|
$799,000
1 Bed
2 Bath
895 ft²
|
$765,000
-4.26%
07/18/2024
|
-
|
Emma Jauregui
Fortune International Realty
|
|
|
01/08/2024
|
1 Bed
|
2 Bath
|
895 ft²
|
$799,000
1 Bed
2 Bath
895 ft²
|
$768,000
-3.88%
03/12/2024
|
-
|
Emma Jauregui
Fortune International Realty
|
|
|
11/02/2023
|
1 Bed
|
2 Bath
|
895 ft²
|
$649,000
1 Bed
2 Bath
895 ft²
|
$609,000
-6.16%
04/16/2024
|
-
|
Luiz Felipe Cavalcanti
Compass Florida, LLC.
|
|
|
05/06/2023
|
2 Bed
|
2 Bath
|
1260 ft²
|
$1,200,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Kim Ellen Haug
Fortune International Realty
|
|
|
01/28/2023
|
2 Bed
|
2 Bath
|
1260 ft²
|
$1,675,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Rafael Rojas
JRYT LLC
|
|
|
11/04/2022
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,395,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Deborah Malca
Fortune International Realty Key Biscayne Inc
|
|
|
10/06/2022
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,100,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Josefina Albaine
One Sotheby's International Realty
|
|
|
09/14/2022
|
1 Bed
|
2 Bath
|
895 ft²
|
$720,000
1 Bed
2 Bath
895 ft²
|
$660,000
-8.33%
09/03/2024
|
-
|
Maria-Elda Castaneda
Castaneda & Associates
|
|
|
07/18/2022
|
2 Bed
|
2 Bath
|
1260 ft²
|
$1,250,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Maria De La Tejera
BHHS EWM Realty
|
|
|
06/13/2022
|
2 Bed
|
2 Bath
|
1260 ft²
|
$1,395,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Luis Urcuyo
Beachfront Realty Inc
|
|
|
05/27/2022
|
1 Bed
|
1.5 Bath
|
895 ft²
|
$895,000
1 Bed
1.5 Bath
895 ft²
|
-
-
|
-
|
Monique Pennen-Wills PA
BHHS EWM Realty
|
|
|
03/11/2022
|
2 Bed
|
2 Bath
|
1260 ft²
|
$1,700,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Rafael Rojas
JRYT LLC
|
|
|
01/20/2022
|
1 Bed
|
1.5 Bath
|
895 ft²
|
$950,000
1 Bed
1.5 Bath
895 ft²
|
-
-
|
-
|
Monique Pennen-Wills PA
BHHS EWM Realty
|
|
|
12/07/2021
|
2 Bed
|
2 Bath
|
1260 ft²
|
$920,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Hermes De Pieri
Elite Ocean View Realty LLC
|
|
|
11/27/2021
|
2 Bed
|
2 Bath
|
1260 ft²
|
$1,490,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Esperanza Alfonso
Eubra Realty Corp
|
|
|
08/24/2021
|
2 Bed
|
2 Bath
|
1260 ft²
|
$889,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Douglas Kinsley
Fortune International Realty Key Biscayne Inc
|
|
|
10/24/2021
|
1 Bed
|
2 Bath
|
895 ft²
|
$595,000
1 Bed
2 Bath
895 ft²
|
$589,000
-1.01%
01/07/2022
|
Alyeska Semsch
Semsch Realty
|
||
|
10/22/2021
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,975,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
German Botero
Fortune International Realty
|
|
|
08/24/2021
|
2 Bed
|
2 Bath
|
1260 ft²
|
$989,000
2 Bed
2 Bath
1260 ft²
|
$989,000
12/14/2021
|
-
|
Douglas Kinsley
Fortune International Realty Key Biscayne Inc
|
|
|
08/09/2021
|
2 Bed
|
2 Bath
|
1260 ft²
|
$989,000
2 Bed
2 Bath
1260 ft²
|
$1,015,000
+2.63%
11/04/2021
|
-
|
Jill Penman
One Sotheby's International Realty
|
|
|
07/15/2021
|
2 Bed
|
2 Bath
|
1260 ft²
|
$899,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Luissell Brito Sierra
Real Estate Sales Force
|
|
|
06/03/2021
|
1 Bed
|
2 Bath
|
895 ft²
|
$640,000
1 Bed
2 Bath
895 ft²
|
-
-
|
-
|
Maria Bethencourt
Miller Eaton LLC
|
|
|
05/26/2021
|
3 Bed
|
4 Bath
|
2155 ft²
|
$2,100,000
3 Bed
4 Bath
2155 ft²
|
-
-
|
-
|
Michael Schnabel
BHHS EWM Realty
|
|
|
05/21/2021
|
2 Bed
|
2 Bath
|
1260 ft²
|
$925,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
|
|
|
05/18/2021
|
1 Bed
|
2 Bath
|
895 ft²
|
$499,000
1 Bed
2 Bath
895 ft²
|
-
-
|
-
|
Hugo Barragan
KBiscayne Realty, Inc
|
|
|
04/21/2021
|
1 Bed
|
2 Bath
|
895 ft²
|
$625,000
1 Bed
2 Bath
895 ft²
|
-
-
|
-
|
Giulietta Ulloa
BHHS EWM Realty
|
|
|
04/21/2021
|
2 Bed
|
2 Bath
|
1260 ft²
|
$695,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Giulietta Ulloa
BHHS EWM Realty
|
|
|
01/27/2021
|
3 Bed
|
3 Bath
|
1930 ft²
|
$1,150,000
3 Bed
3 Bath
1930 ft²
|
$1,150,000
05/12/2021
|
Carmen Tonarely
Fortune International Realty Key Biscayne Inc
|
||
|
01/21/2021
|
4 Bed
|
4 Bath
|
2520 ft²
|
$2,499,000
4 Bed
4 Bath
2520 ft²
|
-
-
|
-
|
Rosario Keif
Fortune International Realty Key Biscayne Inc
|
|
|
01/11/2021
|
2 Bed
|
2 Bath
|
1260 ft²
|
$879,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Cristian Black
Fortune International Realty Key Biscayne Inc
|
|
|
01/06/2021
|
2 Bed
|
2 Bath
|
1260 ft²
|
$685,000
2 Bed
2 Bath
1260 ft²
|
$640,000
-6.57%
04/14/2021
|
-
|
Maria Corina Martinez
Keller Williams Legacy
|
|
|
12/20/2020
|
2 Bed
|
2 Bath
|
1260 ft²
|
$600,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Patricia Urban
Urban Worldwide Realty LLC
|
|
|
12/01/2020
|
4 Bed
|
4 Bath
|
2610 ft²
|
$1,495,000
4 Bed
4 Bath
2610 ft²
|
-
-
|
-
|
Douglas Kinsley
Fortune International Realty Key Biscayne Inc
|
|
|
11/30/2020
|
2 Bed
|
2 Bath
|
1260 ft²
|
$620,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Florencia Yagodnik
C W V Realty Group LLC
|
|
|
10/15/2020
|
2 Bed
|
2 Bath
|
1260 ft²
|
$635,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Cristian Black
Fortune International Realty Key Biscayne Inc
|
|
|
07/14/2020
|
2 Bed
|
2 Bath
|
1260 ft²
|
$595,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
-
|
Ileana Caballero
Caba Real Estate
|
|
|
06/01/2020
|
|
Loft
|
3 Bath
|
1930 ft²
|
$1,549,900
Loft
3 Bath
1930 ft²
|
-
-
|
-
|
Sebastian Acosta
Engel & Volkers Delray Beach
|
|
05/13/2020
|
1 Bed
|
2 Bath
|
895 ft²
|
$575,000
1 Bed
2 Bath
895 ft²
|
-
-
|
-
|
Victor Coto
One Sotheby's International Realty
|
|
|
04/22/2020
|
2 Bed
|
2 Bath
|
1260 ft²
|
$799,000
2 Bed
2 Bath
1260 ft²
|
$700,000
-12.39%
03/29/2021
|
-
|
Rosario Keif
Fortune International Realty Key Biscayne Inc
|
|
|
12/06/2019
|
4 Bed
|
4 Bath
|
-
|
$2,700,000
4 Bed
4 Bath
|
-
-
|
-
|
M. Ivette Thomas
Fortune International Realty
|
|
|
02/26/2020
|
2 Bed
|
2 Bath
|
1760 ft²
|
$549,000
2 Bed
2 Bath
1760 ft²
|
$520,000
-5.28%
08/26/2020
|
Douglas Kinsley
Fortune International Realty Key Biscayne Inc
|
||
|
10/05/2019
|
3 Bed
|
3 Bath
|
1930 ft²
|
$1,320,000
3 Bed
3 Bath
1930 ft²
|
-
-
|
-
|
Maria F Maldonado
Compass Florida, LLC
|
|
|
07/15/2019
|
1 Bed
|
2 Bath
|
895 ft²
|
$425,000
1 Bed
2 Bath
895 ft²
|
-
-
|
-
|
Douglas Kinsley
Fortune International Realty Key Biscayne Inc
|
|
|
06/20/2019
|
|
3 Bed
|
3 Bath
|
1930 ft²
|
$1,580,000
3 Bed
3 Bath
1930 ft²
|
-
-
|
-
|
Sebastian Acosta
Engel & Volkers Delray Beach
|
|
03/25/2019
|
1 Bed
|
2 Bath
|
895 ft²
|
$398,000
1 Bed
2 Bath
895 ft²
|
-
-
|
-
|
Ines Abascal
Fortune International Realty Key Biscayne Inc
|
|
|
01/18/2019
|
3 Bed
|
3 Bath
|
1930 ft²
|
$1,195,000
3 Bed
3 Bath
1930 ft²
|
$900,000
-24.69%
07/02/2019
|
Fernando Rodriguez
Fortune International Realty Brickell Inc
|
||
|
11/26/2018
|
4 Bed
|
4 Bath
|
2520 ft²
|
$3,250,000
4 Bed
4 Bath
2520 ft²
|
-
-
|
-
|
Ricardo Querejeta
Sea Grove Realty
|
|
|
11/06/2018
|
1 Bed
|
2 Bath
|
895 ft²
|
$490,000
1 Bed
2 Bath
895 ft²
|
-
-
|
-
|
Brigitte De Langeron
DLS International Realty
|
|
|
07/30/2017
|
|
3 Bed
|
3 Bath
|
1930 ft²
|
-
3 Bed
3 Bath
1930 ft²
|
-
-
|
-
|
-
|
|
10/04/2012
|
1 Bed
|
2 Bath
|
895 ft²
|
$425,000
1 Bed
2 Bath
895 ft²
|
$410,000
-3.53%
07/17/2013
|
Gloria Caicedo
Novus Realty LLC
|
Building Info
155 Ocean Lane Drive
155 Ocean Lane Drive, Key Biscayne, FL 33149
- 2 Units for Sale
About Key Biscayne
Similar Homes for Sale
Nearby Rentals
Listed by: Luiz Felipe Cavalcanti
Compass Florida, LLC.
Last Updated: 6 months ago
Data Source: Miami MLS, MLS# A11474908
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Compass Florida, LLC.
Last Updated: 6 months ago
Data Source: Miami MLS, MLS# A11474908
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
