Atlantic Luxury Advisors
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50 photos

200 Ocean Lane Dr #501

Key Biscayne, FL 33149

$3,750,000
4
4
1,880 sq ft
1961
1 car
Stock Cooperative
$150/mo
Yes
71
Active

Listing courtesy of Luxuri International Real Estate Miami, LLC. (Alejandro Deane). Contact: [email protected].

About this home

Owner says sell. Wake up to the sound of the waves and endless horizon views in this breathtaking direct oceanfront Key Biscayne sanctuary. Located in the highly sought-after Island House, this rare 3-bedroom-plus-den, 4-bath home spans nearly 2,400 square feet of seamless, open-concept design. Every room is kissed by natural light, with floor-to-ceiling windows that serve as a living canvas of the Atlantic. Pour a glass of wine and step onto your private balcony to watch the sunset, or take the elevator directly down to your quiet, pristine beach. Complete with a heated oceanfront pool, fitness center, elegant secure lobby, and covered parking, this is more than a home — it is a daily vacation.

What it costs to own
Estimated monthly payment
$27,169/mo
Principal and interest
$18,962
Property tax
$5,715
Homeowners insurance
$2,342
HOA
$150

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
$68,576/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
$150/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.