1 /
29
Map
$930,000
●
Condo -
For Sale
200 Ocean Lane Dr #803
Key Biscayne, FL 33149
1 Bed
2 Baths
980 Sqft
$6,483
Est. Monthly
$1,722
HOA / Fees
1.40%
Cap Rate
About This Property
Totally updated & renovated this spacious 1 bedroom + den and 2
full bathrooms, offers open-flow living area with natural light
throughout, porcelain tile, open kitchen, custom made built-ins,
plenty of closet space, impact windows-doors. As per owner 1164 sq.
Full-size balcony with delightful views. Island Resort Style
oceanfront Co-op building with direct beach access, offers full
service amenities & utilities. A/C, electricity, water,
Internet/Cable TV, pest control, gym, BBQ outdoor eating area,
party room & kitchen facing the pool (heated), valet parking,
on-site management, 24 hrs security and engineer on site. Assigned
parking space and storage. 25lb. one pet limit. See video tour.
(See doc. attached for information between condo and co-op.)
Unit Size
980Ft²
Days on Market
31 days
Land Size
-
Price per sqft
$949
Property Type
Condo
Property Taxes
$194
HOA Dues
$1,722
Year Built
-
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
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: 2 months ago (Miami MLS #A11657273)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2024 | Listed by Fortune Christie's International Real Estate | $930,000 | |
| Listed by Fortune Christie's International Real Estate | |||
Property Highlights
Parking Available
Garage
Doorman
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Guest, Valet
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Master Bathroom Features: Dual Sinks, Shower Only
Bedrooms: 1
Bedroom Features: Other
Interior Features: Built-in Features, Custom Mirrors, Walk-In Closet(s), Den/Library/Office
Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator
Flooring Type: Ceramic Floor, Other, Tile
Door Features: High Impact Doors
Dining Room Features: Dining/Living Room, Snack Bar/Counter
Living Room Features: Den/Library/Office
Exterior Details
Has Property Attached
Square Footage: 980
Security Features: Smoke Detector, Complex Fenced, Card Entry, Lobby Secured
Property Condition: Completely Renovated
Architectural Style: High Rise
Year Built: 1961
Waterfront Features: Ocean Access
Building Name: Island House
Building Area Total: 980
Building Area Units: Square Feet
Building Area Total: 980
Window Features: Complete Impact Glass, Blinds, Impact Glass
Construction Materials: CBS Construction, Stucco
Patio and Porch Features: Open Balcony
Lot Size Units: Square Feet
Financial Details
Tax Legal Description: ISLAND HOUSE APT INC - CO-OP APT 803 32 SHARES OF 5973.5 MATHESON ESTS 4.42 AC PB 46-86 BEG SE COR TR 2 W624FT N100.68FT W125.86FT NLY171.16
Tax Annual Amount: $2,327
Tax Year: 2022
Parcel Number: 24-42-32-008-0710
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Barbecue, Bike Storage, Laundry, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Storage, Heated Pool, Kitchen Facilities, Pool, Trash Chute, Vehicle Wash Area
HOA Fee: $5,166
HOA Fee Frequency: Quarterly
200 Ocean Lane Dr #803, Key Biscayne, FL, 33149
By submitting your information, you agree RealtyHop can share your information with its network of real estate & mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology) from Movoto or their affiliates to the email address or number you provided. By proceeding, you agree to our Terms of Service.
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
Condo
1
Bed
2
Baths
1,089 ft²
$790/ft²
$860,000
Aug 21, 2023
$860,000
Oct 27, 2023
$1,807/mo
Condo
1
Bed
2
Baths
895 ft²
$858/ft²
$768,000
Jan 8, 2024
$768,000
Mar 12, 2024
$641/mo
Condo
1
Bed
2
Baths
895 ft²
$855/ft²
$765,000
Jan 19, 2024
$765,000
Jul 18, 2024
$1,824/mo
Condo
1
Bed
2
Baths
895 ft²
$872/ft²
$780,000
Apr 3, 2024
$780,000
Jun 3, 2024
$1,777/mo
Condo
1
Bed
2
Baths
840 ft²
$952/ft²
$800,000
Jan 24, 2024
$800,000
Apr 3, 2024
$1,831/mo
Condo
2
Beds
2
Baths
1,260 ft²
$849/ft²
$1,070,000
Jun 6, 2024
$1,070,000
Jul 1, 2024
$2,500/mo
In Contract
Condo
1
Bed
2
Baths
1,009 ft²
$792/ft²
$799,000
Aug 5, 2024
-
$1,679/mo
Active
Co-op
1
Bed
1
Bath
1,259 ft²
$743/ft²
$935,000
Jan 5, 2024
-
$2,448/mo
Active
Co-op
1
Bed
2
Baths
1,245 ft²
$876/ft²
$1,090,000
Jun 12, 2024
-
$2,517/mo
Active
Condo
2
Beds
2
Baths
1,260 ft²
$833/ft²
$1,049,000
Mar 28, 2024
-
$2,089/mo
Active
Condo
2
Beds
2
Baths
1,335 ft²
$704/ft²
$940,000
Jul 3, 2024
-
$1,905/mo
Active
Condo
2
Beds
2
Baths
1,435 ft²
$620/ft²
$890,000
Feb 5, 2024
-
$2,277/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/19/2023
|
2 Bed
|
2 Bath
|
1646 ft²
|
$1,375,000
2 Bed
2 Bath
1646 ft²
|
-
-
|
-
|
Shane Graber
Graber Realty Group LLC
|
|
|
03/02/2023
|
1 Bed
|
1 Bath
|
1294 ft²
|
$1,297,000
1 Bed
1 Bath
1294 ft²
|
-
-
|
-
|
Darin Spencer Raymond PA
BHHS EWM Realty
|
|
|
01/27/2023
|
2 Bed
|
2 Bath
|
1619 ft²
|
$1,470,000
2 Bed
2 Bath
1619 ft²
|
-
-
|
-
|
Martine Paulin P L P L
Compass Florida, LLC
|
|
|
05/01/2022
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,550,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Patricio Davy
Gimeza A Real Estate Corp.
|
|
|
07/01/2022
|
1 Bed
|
1 Bath
|
1118 ft²
|
$999,000
1 Bed
1 Bath
1118 ft²
|
-
-
|
-
|
Martine Paulin P L P L
Compass Florida, LLC
|
|
|
03/21/2022
|
Studio
|
1 Bath
|
360 ft²
|
$525,000
Studio
1 Bath
360 ft²
|
-
-
|
-
|
Javier Cappelleti
Local Realty Group, Inc.
|
|
|
02/18/2022
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,600,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Martine Paulin P L P L
Compass Florida, LLC
|
|
|
01/14/2022
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,499,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Martine Paulin P L P L
Compass Florida, LLC
|
|
|
01/06/2022
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,175,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Martine Paulin P L P L
Compass Florida, LLC
|
|
|
01/06/2022
|
Studio
|
1 Bath
|
360 ft²
|
$550,000
Studio
1 Bath
360 ft²
|
-
-
|
-
|
Susan Gale
One Sotheby's International Realty
|
|
|
12/27/2021
|
2 Bed
|
2 Bath
|
1937 ft²
|
$2,280,000
2 Bed
2 Bath
1937 ft²
|
-
-
|
-
|
Maria De La Tejera
BHHS EWM Realty
|
|
|
12/09/2021
|
2 Bed
|
2 Bath
|
1320 ft²
|
$1,600,000
2 Bed
2 Bath
1320 ft²
|
-
-
|
-
|
Susan Gale
One Sotheby's International Realty
|
|
|
10/28/2021
|
2 Bed
|
2 Bath
|
1320 ft²
|
$1,490,000
2 Bed
2 Bath
1320 ft²
|
-
-
|
-
|
Maria De La Tejera
BHHS EWM Realty
|
|
|
08/16/2021
|
Loft
|
1 Bath
|
1365 ft²
|
$1,180,000
Loft
1 Bath
1365 ft²
|
-
-
|
-
|
Martine Paulin P L P L
Compass Florida, LLC
|
|
|
05/17/2021
|
2 Bed
|
2 Bath
|
1937 ft²
|
$2,390,000
2 Bed
2 Bath
1937 ft²
|
-
-
|
-
|
Maria De La Tejera
BHHS EWM Realty
|
|
|
04/21/2021
|
Loft
|
4 Bath
|
2270 ft²
|
$2,599,000
Loft
4 Bath
2270 ft²
|
-
-
|
-
|
Giulietta Ulloa
BHHS EWM Realty
|
|
|
03/17/2021
|
Loft
|
2 Bath
|
1350 ft²
|
$1,190,000
Loft
2 Bath
1350 ft²
|
-
-
|
-
|
Lucia Morales Pena PA
BHHS EWM Realty
|
|
|
02/05/2021
|
1 Bed
|
1 Bath
|
950 ft²
|
$695,000
1 Bed
1 Bath
950 ft²
|
-
-
|
-
|
Silvia Bermudez PA
BHHS EWM Realty
|
|
|
09/07/2020
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,099,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Susan Gale
One Sotheby's International Realty
|
|
|
08/19/2020
|
|
3 Bed
|
3 Bath
|
2500 ft²
|
$1,200,000
3 Bed
3 Bath
2500 ft²
|
-
-
|
-
|
Mercedes Hurtado
AmeriFirst Realty
|
|
06/15/2020
|
4 Bed
|
3 Bath
|
1650 ft²
|
$2,245,000
4 Bed
3 Bath
1650 ft²
|
-
-
|
-
|
Adriana Hernandez
E Realty International, Inc.
|
|
|
01/30/2020
|
2 Bed
|
2 Bath
|
1320 ft²
|
$1,280,000
2 Bed
2 Bath
1320 ft²
|
-
-
|
-
|
Maria De La Tejera
BHHS EWM Realty
|
|
|
10/24/2019
|
2 Bed
|
2 Bath
|
1350 ft²
|
$899,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Brigitte De Langeron
DLS International Realty
|
|
|
10/23/2019
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,099,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Ana Maria Roque
Premier Elite Realty Inc.
|
|
|
10/21/2019
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,059,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Martine Paulin P L P L
Compass Florida, LLC
|
|
|
10/01/2019
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,200,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Susan Gale
One Sotheby's International Realty
|
|
|
09/07/2019
|
1 Bed
|
1 Bath
|
950 ft²
|
$625,000
1 Bed
1 Bath
950 ft²
|
-
-
|
-
|
Loretta Badell
Global G Real Estate Corp.
|
|
|
08/16/2019
|
4 Bed
|
3 Bath
|
2710 ft²
|
$2,245,000
4 Bed
3 Bath
2710 ft²
|
-
-
|
-
|
Martine Paulin P L P L
Compass Florida, LLC
|
|
|
01/30/2019
|
1 Bed
|
1 Bath
|
950 ft²
|
$735,000
1 Bed
1 Bath
950 ft²
|
-
-
|
-
|
Cecilia Cordova
Luxe Properties
|
|
|
03/30/2019
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,200,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Ana Maria Roque
Premier Elite Realty Inc.
|
|
|
03/27/2019
|
1 Bed
|
2 Bath
|
950 ft²
|
$650,000
1 Bed
2 Bath
950 ft²
|
-
-
|
-
|
Martine Paulin P L P L
Compass Florida, LLC
|
|
|
06/19/2018
|
2 Bed
|
2 Bath
|
1320 ft²
|
-
2 Bed
2 Bath
1320 ft²
|
-
-
|
-
|
-
|
|
|
06/01/2018
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,050,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Martine Paulin P L P L
Compass Florida, LLC
|
|
|
07/08/2017
|
|
2 Bed
|
2 Bath
|
1320 ft²
|
-
2 Bed
2 Bath
1320 ft²
|
-
-
|
-
|
-
|
|
02/16/2017
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,145,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Brigitte De Langeron
DLS International Realty
|
Building Info
200 Ocean Lane Drive
200 Ocean Lane Drive, Key Biscayne, FL 33149
- 3 Units for Sale
About Key Biscayne
Similar Homes for Sale
$890,000
- 2 Beds
- 2 Baths
- 1,435 ft²
Open House: 2PM - 5PM, Sun Oct 6
$940,000
- 2 Beds
- 2 Baths
- 1,335 ft²
Nearby Rentals
$3,000 /mo
- 1 Bed
- 1 Bath
- 676 ft²
$2,950 /mo
- 1 Bed
- 1 Bath
- 870 ft²
Listed by: Maria Jarque
Fortune Christie's International Real Estate
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11657273
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.
Fortune Christie's International Real Estate
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11657273
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
