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Waterfront · Condominium
$2,100,000$1,088 / sqft
155 Ocean Lane Dr # 300, Key Biscayne FL 33149
Listed
3
Bedrooms
2
Bathrooms
1,930 sqft
Interior
1973
Year built
None
HOA
Condominium
Type
About this home
Rarely available corner unit at the Commodore Club West. This spacious and elegantly updated 3-bedroom, 2-bath residence spans 1,930 sq ft and offers breathtaking views of Crandon Park and spectacular sunset skies from a wraparound terrace. The functional layout includes a large master suite with a modern bathroom and generous closets, along with neutral travertine-style flooring throughout. The residence also boasts a hig-end Scavolini custom Italian kitchen. Enjoy the convenience of a rare in-unit laundry room equipped with high-end Miele washer and dryer. This residence includes one assigned, covered parking space. Residents of the Commodore Club enjoy direct beach access, a pool, tennis courts, and 24-hour security, an ideal island lifestyle in the heart of Key Biscayne.
Features
- Lobby
- Closet Cabinetry
- Fire Sprinklers
- Pantry
- Other
- Open Balcony
- Garden View
- Skyline
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
- Okay To Lease 1st Year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Key Biscayne, from 40 active listings; the middle half ask $10,000–$18,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.