Atlantic Luxury Advisors
199 Ocean Lane Dr #401 photo 1199 Ocean Lane Dr #401 photo 2199 Ocean Lane Dr #401 photo 3199 Ocean Lane Dr #401 photo 4199 Ocean Lane Dr #401 photo 5

38 photos

199 Ocean Lane Dr #401

Key Biscayne, FL 33149

$4,500,000
4
3.5
2,825 sq ft
1974
2 car
Condominium
$2,893/mo
Yes
160
Active

Listing courtesy of Swann Realty Partners, LLC. (Florencia Yagodnik). Contact: [email protected].

About this home

Expansive 4-bedroom, 3.5-bathroom residence combining Units 401 and 403, offering 2,825 sq ft of beautifully remodeled living space. This bright and airy home features spacious open-concept living and dining areas, elegant tile flooring throughout, and floor-to-ceiling windows showcasing stunning ocean views. A wraparound balcony extends from the main living areas, creating seamless indoor-outdoor living, perfect for relaxing or entertaining. The thoughtfully designed layout offers both privacy and functionality, ideal for those seeking generous oceanfront living. Includes two assigned parking spaces. The building offers direct beach access, 24-hour security and concierge services, a social room, and high-speed Wi-Fi throughout all common areas. Residents enjoy a heated swimming pool (one per building), three lighted tennis courts, a fully equipped fitness center with sauna, car wash area, and full beach service.

What it costs to own
Estimated monthly payment
$35,334/mo
Principal and interest
$22,754
Property tax
$6,870
Homeowners insurance
$2,817
HOA
$2,893

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$82,443/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$2,893/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone A: first to evacuate, ordered for tropical storms and every hurricane category.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.